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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, 260B, Northdown Road, Margate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,124 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 260B, Northdown Road, Margate is £172,757 and the estimated rental value is £1,016 per month.
The apartment is within 260B, Northdown Road, Margate, CT9.
Northdown Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 1, 260B, Northdown Road, Margate has a single entry in the Land Registry from April 2010 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, 260B, Northdown Road, Margate is in very good condition we estimate a sale value of £181,394 and a rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,664 and a rental value of £945 per month.
Over the last 12 months the sale value of Flat 1 260B Northdown Road Margate has decreased by an estimated £10,696 (6.2%) and its rental value has decreased by an estimated £4 per month (0.4%), giving an expected gross yield of 7.1%.
According to HM Land Registry, Flat 1, 260B, Northdown Road, Margate was last sold on 26th April 2010 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2010, the market for similar properties has risen 83.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 260B, Northdown Road, Margate within a radius of 380 metres over the last 2 years.
The most recent example is Flat 1, 16, Surrey Road, Margate, CT9 2LA, a leasehold flat which sold for £167,000 on the 24th January 2025.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northdown Road, Margate, CT9 has a total of 392 addresses. According to our analysis of all the public data, Flat 1, 260B, Northdown Road, Margate is the 99th largest and the 205th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CT9.
The closest station to Flat 1, 260B, Northdown Road, Margate is Margate station which is 1.9 kilometres 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, 260B, Northdown Road, Margate, 65.6% of property is privately rented and 19.0% 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, 260B, Northdown Road, Margate, 23.7% of residents are recorded as possessing school level qualifications and 31.1% 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, 260B, Northdown Road, Margate, the average age was 37.6 and the most common age was 2.
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, 260B, Northdown Road, Margate, 0.5% 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, 260B, Northdown 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.
