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According to the public record, Flat 2, 26, Ethelbert Road, Margate is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 26, Ethelbert Road, Margate is £83,137 and the estimated rental value is £588 per month.
The apartment is within 26, Ethelbert Road, Margate, CT9.
Ethelbert Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 2, 26, Ethelbert Road, Margate has 2 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that 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.
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, 26, Ethelbert Road, Margate is in very good condition we estimate a sale value of £87,294 and a rental value of £617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,318 and a rental value of £547 per month.
Over the last 12 months the sale value of Flat 2 26 Ethelbert Road Margate has decreased by an estimated £3,792 (4.6%) and its rental value has increased by an estimated £10 per month (1.8%), giving an expected gross yield of 8.5%.
Flat 2, 26, Ethelbert Road, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, 26, Ethelbert Road, Margate was last sold on 8th November 2019 for £71,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 26, Ethelbert Road, Margate within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, 1-3 , Gordon Road, Margate, CT9 2DW, a leasehold flat which sold for £66,000 on the 9th December 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ethelbert Road, Margate, CT9 has a total of 147 addresses. According to our analysis of all the public data, Flat 2, 26, Ethelbert Road, Margate is the 139th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in CT9.
The closest station to Flat 2, 26, Ethelbert Road, Margate is Margate station which is 1.4 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 2, 26, Ethelbert Road, Margate, 81.0% of property is privately rented and 10.3% is privately owned with a mortgage.
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 2, 26, Ethelbert Road, Margate, 20.4% of residents are recorded as possessing school level qualifications and 23.9% 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 2, 26, Ethelbert Road, Margate, the average age was 37.6 and the most common age was 2.
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 2, 26, Ethelbert Road, Margate, 0.0% 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 2, 26, Ethelbert Road, Margate, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
