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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, 52, Ethelbert Road, Margate is a period leasehold apartment with 290 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, 52, Ethelbert Road, Margate is £92,702 and the estimated rental value is £643 per month.
The apartment is within 52, Ethelbert Road, Margate, CT9.
Ethelbert Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 2, 52, Ethelbert Road, Margate has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, 52, Ethelbert Road, Margate is in very good condition we estimate a sale value of £97,337 and a rental value of £675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,212 and a rental value of £598 per month.
Over the last 12 months the sale value of Flat 2 52 Ethelbert Road Margate has decreased by an estimated £2,983 (3.2%) and its rental value has increased by an estimated £20 per month (3.0%), giving an expected gross yield of 8.3%.
Flat 2, 52, Ethelbert Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 52, Ethelbert Road, Margate was last sold on 14th March 2007 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 38.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 52, Ethelbert Road, Margate within a radius of 300 metres over the last 2 years.
The most recent example is 5, Dane Hill, Margate, CT9 1QP, a leasehold flat which sold for £150,000 on the 7th November 2017.
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, 52, Ethelbert Road, Margate is the 147th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in CT9.
The closest station to Flat 2, 52, Ethelbert Road, Margate is Margate station which is 1.4 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, 52, 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, 52, 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, 52, 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, 52, 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, 52, 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.
