Flat 2, 172
Flat 2, 172
Description & Estimates
Flat 2, 172, High Street, Margate is described in the public record as a period apartment with 850 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 172, High Street, Margate is £183,609 and its rental estimate is £950 per month, given the available information and assuming reasonable condition.
172, High Street is a residential building on High Street, Garlinge, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 2, 172, High Street, Margate has no records in the the Land Registry and a single entry in the EPC database dated September 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
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 2, 172, High Street, Margate, we estimate a market value of £192,790 and a rental value of £998 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,757 and £884 per month respectively.
Recent Market Change
Over the last year, Flat 2, 172, High Street, Margate has seen its estimated sale value move down by £7,434 (4.0%) and its estimated rental value increase by £18 per month (1.9%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 2, 172, High Street, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 172, High Street, Margate have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was Flat 7, 2, Union Crescent, Margate, CT9 1NR, a leasehold flat which sold for £310,000.
Read more about house prices in CT9.
- Sold Nov 2024£310,000 | 3 Bed FlatFlat 7, 2, Union Crescent, Margate, CT9 1NRFlat 7, 2, Union Crescent, Margate, CT9 1NR
- Sold Jun 2022£195,000 | 2 Bed FlatFlat 3, 166-168, High Street, Margate, CT9 1LAFlat 3, 166-168, High Street, Margate, CT9 1LA
- Sold Mar 2016£144,000 | 3 Bed FlatFlat 1, 176A, High Street, Margate, CT9 1LAFlat 1, 176A, High Street, Margate, CT9 1LA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 403 addresses on High Street, Garlinge, Margate, CT9, Flat 2, 172, High Street, Margate comes out as the 132nd largest and the 185th most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the CT9 district.
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Schools Nearby
- 200mMargate, Holy Trinity and St John's Church of England Primary School
- 700mSalmestone Primary School
- 1.0kmSt Gregory's Catholic Primary School, Margate
- 1.0kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.9kmUrsuline College
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Public Transport Nearby
From Flat 2, 172, High Street, Margate, the nearest station is Margate, 700 metres away.
- 700mMargate
- 3.0kmWestgate-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.
