Flat 2, 45
Flat 2, 45
Description & Estimates
According to the public record, Flat 2, 45, St. Peters Road, Margate is a period leasehold apartment with 624 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, 45, St. Peters Road, Margate is £122,147 and the estimated rental value is £799 per month.
The apartment is within 45, St. Peters Road, Margate, CT9.
St. Peters Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 2, 45, St. Peters Road, Margate has 61 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated August 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, 45, St. Peters Road, Margate is in very good condition we estimate a sale value of £128,254 and a rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,596 and a rental value of £743 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 45, St. Peters Road, Margate has fallen by £4,946 (4.0%), while its estimated rental value has moved up by £15 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
Flat 2, 45, St. Peters Road, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 45, St. Peters Road, Margate was last sold on 7th October 2022 for £145,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since October 2022, the market for similar properties has risen by 6.0%.
- Sold Oct 2022£145,000
- Sold Sep 2018£133,000
- Sold Aug 2017£88,569
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 45, St. Peters Road, Margate within a radius of 480 metres over the last 2 years.
The most recent example is 7, Homestead Close, Margate, CT9 1TW, a leasehold flat which sold for £110,000 on the 26th February 2024.
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
St. Peters Road, Margate, CT9 has a total of 122 addresses. According to our analysis of all the public data, Flat 2, 45, St. Peters Road, Margate is the 110th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CT9.
More reading links
Schools Nearby
- 400mDrapers Mills Primary Academy
- 500mSalmestone Primary School
- 600mMargate, Holy Trinity and St John's Church of England Primary School
- 1.3kmHartsdown Academy
- 3.1kmDane Court Grammar School
- 3.2kmThe Charles Dickens School
More reading links
Public Transport Nearby
The closest station to Flat 2, 45, St. Peters Road, Margate is Margate station, which is 1.2 kilometres away.
- 1.2kmMargate
- 3.5kmWestgate-on-Sea
- 3.9kmBroadstairs
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.
