Flat 1, 71
Flat 1, 71
Description & Estimates
Flat 1, 71, Eaton Road, Margate is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, 71, Eaton Road, Margate is £125,765 and its rental estimate is £857 per month, given the available information and assuming reasonable condition.
71, Eaton Road is a residential building on Eaton Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 1, 71, Eaton Road, Margate has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, 71, Eaton Road, Margate, we estimate a market value of £132,053 and a rental value of £899 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,961 and £797 per month respectively.
Recent Market Change
Over the last year, Flat 1, 71, Eaton Road, Margate has seen its estimated sale value decline by £6,160 (4.9%) and its estimated rental value climb by £8 per month (0.9%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 1, 71, Eaton Road, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 1, 71, Eaton Road, Margate completed on 19th January 2007 at £112,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 86.4% over the period since January 2007.
- Sold Jan 2007£112,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 71, Eaton Road, Margate have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th July 2023, was Flat 18, 71, Eaton Road, Margate, CT9 1XB, a leasehold flat which sold for £137,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 125 addresses on Eaton Road, Margate, CT9, Flat 1, 71, Eaton Road, Margate comes out as the 101st largest and the 87th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the CT9 district.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 600mSalmestone Primary School
- 900mSt Gregory's Catholic Primary School, Margate
- 900mHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.7kmUrsuline College
More reading links
Public Transport Nearby
From Flat 1, 71, Eaton Road, Margate, the nearest station is Margate, 600 metres away.
- 600mMargate
- 2.9kmWestgate-on-Sea
- 4.5kmBroadstairs
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.
