Flat 1, 29
Flat 1, 29
Description & Estimates
Flat 1, 29, Canterbury Road, Margate is described in the public record as a period apartment with 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 29, Canterbury Road, Margate is £223,150 and its rental estimate is £925 per month, given the available information and assuming reasonable condition.
29, Canterbury Road is a residential building on Canterbury Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 1, 29, Canterbury Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 29, Canterbury Road, Margate, we estimate a market value of £234,307 and a rental value of £972 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,529 and £861 per month respectively.
Recent Market Change
Over the last year, Flat 1, 29, Canterbury Road, Margate has seen its estimated sale value move down by £8,985 (4.0%) and its estimated rental value increase by £14 per month (1.5%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 1, 29, Canterbury Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 29, Canterbury Road, Margate have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was Flat 2, 24, Canterbury Road, Margate, CT9 5BW, a leasehold flat which sold for £210,000.
Read more about house prices in CT9.
- Sold Feb 2024£210,000 | 2 Bed FlatFlat 2, 24, Canterbury Road, Margate, CT9 5BWFlat 2, 24, Canterbury Road, Margate, CT9 5BW
- Sold Oct 2023£245,000 | 2 Bed Flat23B, Canterbury Road, Margate, CT9 5AW23B, Canterbury Road, Margate, CT9 5AW
- Sold Mar 2023£247,000 | 2 Bed FlatFlat 4, 47, Canterbury Road, Margate, CT9 5ASFlat 4, 47, Canterbury Road, Margate, CT9 5AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 475 addresses on Canterbury Road, Margate, CT9, Flat 1, 29, Canterbury Road, Margate comes out as the 242nd largest and the 218th most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the CT9 district.
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Schools Nearby
- 1.0kmMargate, Holy Trinity and St John's Church of England Primary School
- 1.1kmGarlinge Primary School and Nursery
- 1.1kmSalmestone Primary School
- 700mHartsdown Academy
- 3.1kmUrsuline College
- 3.5kmKing Ethelbert School
More reading links
Public Transport Nearby
From Flat 1, 29, Canterbury Road, Margate, the nearest station is Margate, 100 metres away.
- 100mMargate
- 2.3kmWestgate-on-Sea
- 4.9kmBirchington-on-Sea
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
