Flat 24, 71
Flat 24, 71
Description & Estimates
According to the public record, Flat 24, 71, Eaton Road, Margate is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, 71, Eaton Road, Margate is £112,400 and the estimated rental value is £774 per month.
The apartment is within 71, Eaton Road, Margate, CT9.
Eaton Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 24, 71, Eaton Road, Margate has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2016.
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.
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 24, 71, Eaton Road, Margate is in very good condition we estimate a sale value of £118,020 and a rental value of £813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,532 and a rental value of £720 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 24, 71, Eaton Road, Margate has dropped by £3,870 (3.4%), while its estimated rental value has risen by £14 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
Flat 24, 71, Eaton Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 24, 71, Eaton Road, Margate was last sold on 1st August 2022 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped by 3.9%.
- Sold Aug 2022£110,000
- Sold Feb 2007£107,500
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 24, 71, Eaton Road, Margate within a radius of 440 metres over the last 2 years.
The most recent example is Flat 14, 71, Eaton Road, Margate, CT9 1XB, a leasehold flat which sold for £112,000 on the 15th October 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
Eaton Road, Margate, CT9 has a total of 125 addresses. According to our analysis of all the public data, Flat 24, 71, Eaton Road, Margate is the 117th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in CT9.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 600mSalmestone Primary School
- 900mSt Gregory's Catholic Primary School, Margate
- 900mHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.7kmUrsuline College
More reading links
Public Transport Nearby
The closest station to Flat 24, 71, Eaton Road, Margate is Margate station, which is 600 metres away.
- 600mMargate
- 2.9kmWestgate-on-Sea
- 4.5kmBroadstairs
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.
