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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 48, Addington Road, Margate is a mid-century apartment with 333 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, 48, Addington Road, Margate is £141,610 and the estimated rental value is £657 per month.
The apartment is within 48, Addington Road, Margate, CT9.
Addington Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 2, 48, Addington Road, Margate has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2015.
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.
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, 48, Addington Road, Margate is in very good condition we estimate a sale value of £148,691 and a rental value of £690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,698 and a rental value of £611 per month.
Over the last 12 months the sale value of Flat 2 48 Addington Road Margate has decreased by an estimated £4,221 (3.0%) and its rental value has increased by an estimated £17 per month (2.6%), giving an expected gross yield of 5.6%.
Flat 2, 48, Addington Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 48, Addington Road, Margate was last sold on 24th July 2006 for £60,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 48, Addington Road, Margate within a radius of 390 metres over the last 2 years.
The most recent example is Flat 3, 70, Trinity Square, Margate, CT9 1HS, a leasehold flat which sold for £180,000 on the 14th July 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addington Road, Margate, CT9 has a total of 53 addresses. According to our analysis of all the public data, Flat 2, 48, Addington Road, Margate is the 51st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in CT9.
The closest station to Flat 2, 48, Addington Road, Margate is Margate station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, 48, Addington Road, Margate, 63.8% of property is privately rented and 18.4% 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, 48, Addington Road, Margate, 17.6% of residents are recorded as possessing school level qualifications and 28.4% 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, 48, Addington Road, Margate, the average age was 39.2 and the most common age was 32.
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, 48, Addington 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, 48, Addington Road, Margate, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
