Flat 2, 10
Flat 2, 10
Description & Estimates
According to the public record, Flat 2, 10, Zion Place, Margate is a period leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 10, Zion Place, Margate is £74,241 and the estimated rental value is £513 per month.
The apartment is within 10, Zion Place, Margate, CT9.
Zion Place, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 2, 10, Zion Place, Margate has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated April 2020.
We combine this information with that 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
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 2, 10, Zion Place, Margate is in very good condition we estimate a sale value of £77,953 and a rental value of £539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,044 and a rental value of £477 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 10, Zion Place, Margate has fallen by £2,213 (3.0%), while its estimated rental value has moved up by £13 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
Flat 2, 10, Zion Place, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 10, Zion Place, Margate was last sold on 20th July 2023 for £82,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped by 1.2%.
- Sold Jul 2023£82,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, 10, Zion Place, Margate within a radius of 350 metres over the last 2 years.
The most recent example is Flat 3, 1, Ethelbert Gardens, Margate, CT9 1SA, a leasehold flat which sold for £70,000 on the 17th February 2020.
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
Zion Place, Margate, CT9 has a total of 63 addresses. According to our analysis of all the public data, Flat 2, 10, Zion Place, Margate is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in CT9.
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Schools Nearby
- 700mMargate, Holy Trinity and St John's Church of England Primary School
- 1.4kmDrapers Mills Primary Academy
- 1.4kmCliftonville Primary School
- 1.9kmHartsdown Academy
- 4.0kmDane Court Grammar School
- 4.1kmThe Charles Dickens School
More reading links
Public Transport Nearby
The closest station to Flat 2, 10, Zion Place, Margate is Margate station, which is 1.3 kilometres away.
- 1.3kmMargate
- 3.7kmWestgate-on-Sea
- 4.6kmBroadstairs
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
