Flat 1, 47
Flat 1, 47
Description & Estimates
According to the public record, Flat 1, 47, Addington Road, Margate is a period apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 47, Addington Road, Margate is £202,678 and the estimated rental value is £877 per month.
The apartment is within 47, Addington Road, Margate, CT9.
Addington Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 1, 47, Addington Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, 47, Addington Road, Margate is in very good condition we estimate a sale value of £212,812 and a rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,490 and a rental value of £815 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 47, Addington Road, Margate has moved down by £8,161 (4.0%), while its estimated rental value has increased by £14 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 1, 47, Addington Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 47, Addington Road, Margate within a radius of 390 metres over the last 2 years.
The most recent example is Flat 12, Edith Court, Victoria Road, Margate, CT9 1RB, a leasehold flat which sold for £115,000 on the 3rd May 2017.
Read more about house prices in CT9.
- Sold May 2017£115,000 | 2 Bed FlatEdith Court, Victoria RoadFlat 12, Edith Court, Victoria Road, Margate, CT9 1RB
- Sold Aug 2014£82,000 | 2 Bed FlatEdith Court, Victoria RoadFlat 11, Edith Court, Victoria Road, Margate, CT9 1RB
- Sold Mar 2014£83,500 | 2 Bed FlatEdith Court, Victoria RoadFlat 1, Edith Court, Victoria Road, Margate, CT9 1RB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Addington Road, Margate, CT9 has a total of 53 addresses. According to our analysis of all the public data, Flat 1, 47, Addington Road, Margate is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in CT9.
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Schools Nearby
- 200mMargate, Holy Trinity and St John's Church of England Primary School
- 1.0kmDrapers Mills Primary Academy
- 1.0kmSalmestone Primary School
- 1.4kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmThe Charles Dickens School
More reading links
Public Transport Nearby
The closest station to Flat 1, 47, Addington Road, Margate is Margate station, which is 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.4kmBroadstairs
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
