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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 1, 2, Station Road, Margate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 730 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Station Road, Margate is £237,542 and the estimated rental value is £989 per month.
The apartment is within 2, Station Road, Margate, CT9.
Station Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 1, 2, Station Road, Margate has a single entry in the Land Registry from February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, 2, Station Road, Margate is in very good condition we estimate a sale value of £249,419 and a rental value of £1,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,914 and a rental value of £920 per month.
Over the last 12 months the sale value of Flat 1 2 Station Road Margate has decreased by an estimated £10,835 (4.6%) and its rental value has increased by an estimated £17 per month (1.8%), giving an expected gross yield of 5%.
According to HM Land Registry, Flat 1, 2, Station Road, Margate was last sold on 1st February 2016 for £123,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2016, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Station Road, Margate within a radius of 640 metres over the last 2 years.
The most recent example is 23B, Canterbury Road, Margate, CT9 5AW, a leasehold flat which sold for £245,000 on the 6th October 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Margate, CT9 has a total of 33 addresses. According to our analysis of all the public data, Flat 1, 2, Station Road, Margate is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CT9.
The closest station to Flat 1, 2, Station Road, Margate is Margate station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 2, Station Road, Margate, 60.8% of property is privately rented and 14.5% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 2, Station Road, Margate, 14.4% of residents are recorded as possessing school level qualifications and 27.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 2, Station Road, Margate, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 2, Station Road, Margate, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 2, Station Road, Margate, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
