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According to the public record, Flat 11, Highcliffe Hall 16, Margate is a period leasehold apartment with 850 ft2 of internal area.
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 11, Highcliffe Hall 16, Margate is £239,356 and the estimated rental value is £979 per month.
The apartment is within Highcliffe Hall, Eastern Esplanade, Margate, CT9.
Eastern Esplanade, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 11, Highcliffe Hall 16, Margate has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 11, Highcliffe Hall 16, Margate is in very good condition we estimate a sale value of £251,324 and a rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,601 and a rental value of £911 per month.
Over the last 12 months the sale value of Flat 11 Highcliffe Hall 16 Margate has decreased by an estimated £13,945 (5.8%) and its rental value has increased by an estimated £4 per month (0.4%), giving an expected gross yield of 4.9%.
Flat 11, Highcliffe Hall 16, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 11, Highcliffe Hall 16, Margate was last sold on 3rd July 2015 for £131,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Highcliffe Hall 16, Margate within a radius of 550 metres over the last 2 years.
The most recent example is Flat 15, Highcliffe Hall 16, Eastern Esplanade, Margate, CT9 2JB, a leasehold flat which sold for £249,000 on the 21st September 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Esplanade, Margate, CT9 has a total of 36 addresses. According to our analysis of all the public data, Flat 11, Highcliffe Hall 16, Margate is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in CT9.
The closest station to Flat 11, Highcliffe Hall 16, Margate is Margate station which is 2.4 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 11, Highcliffe Hall 16, Margate, 38.5% of property is privately owned outright and 30.8% is privately rented.
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 11, Highcliffe Hall 16, Margate, 13.4% of residents are recorded as possessing school level qualifications and 36.6% 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 11, Highcliffe Hall 16, Margate, the average age was 49.7 and the most common age was 72.
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 11, Highcliffe Hall 16, Margate, 0.8% 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 11, Highcliffe Hall 16, Margate, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.