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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
According to the public record, Flat 2, 7, Royal Esplanade, Margate is a early-century leasehold apartment with 656 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, 7, Royal Esplanade, Margate is £272,899 and the estimated rental value is £1,170 per month.
The apartment is within 7, Royal Esplanade, Margate, CT9.
Royal Esplanade, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 2, 7, Royal Esplanade, Margate has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated April 2018.
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, 7, Royal Esplanade, Margate is in very good condition we estimate a sale value of £286,543 and a rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,796 and a rental value of £1,089 per month.
Over the last 12 months the sale value of Flat 2 7 Royal Esplanade Margate has decreased by an estimated £12,448 (4.6%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 5.1%.
Flat 2, 7, Royal Esplanade, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 2, 7, Royal Esplanade, Margate was last sold on 17th May 2024 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, Royal Esplanade, Margate within a radius of 630 metres over the last 2 years.
The most recent example is 70 Elizabeth Court, Westbrook Gardens, Margate, CT9 5FN, a leasehold flat which sold for £225,000 on the 25th April 2025.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Esplanade, Margate, CT9 has a total of 107 addresses. According to our analysis of all the public data, Flat 2, 7, Royal Esplanade, Margate is the 92nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in CT9.
The closest station to Flat 2, 7, Royal Esplanade, Margate is Margate station which is 600 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 7, Royal Esplanade, Margate, 41.2% of property is privately rented and 37.2% is privately owned outright.
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, 7, Royal Esplanade, Margate, 12.8% of residents are recorded as possessing school level qualifications and 36.2% 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, 7, Royal Esplanade, Margate, the average age was 37.2 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, 7, Royal Esplanade, Margate, 0.9% 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, 7, Royal Esplanade, Margate, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
