Flat 29, 38
Flat 29, 38
Description & Estimates
Flat 29, 38, Canterbury Road, Margate is recorded publicly as a modern leasehold apartment across 1,442 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 29, 38, Canterbury Road, Margate is £340,961 and its rental estimate is £1,287 per month, given the available information and assuming reasonable condition.
38, Canterbury Road is a residential building on Canterbury Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 29, 38, Canterbury Road, Margate has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 29, 38, Canterbury Road, Margate, we estimate a market value of £358,009 and a rental value of £1,351 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £317,094 and £1,197 per month respectively.
Recent Market Change
Over the last year, Flat 29, 38, Canterbury Road, Margate has seen its estimated sale value move down by £18,059 (5.3%) and its estimated rental value decrease by £2 per month (0.1%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 29, 38, Canterbury Road, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 29, 38, Canterbury Road, Margate completed on 10th July 2019 at £530,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.3% over the period since July 2019.
- Sold Jul 2019£530,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 29, 38, Canterbury Road, Margate have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2025, was 78 Elizabeth Court, Westbrook Gardens, Margate, CT9 5FN, a leasehold flat which sold for £710,000.
Read more about house prices in CT9.
- Sold Aug 2025£710,000 | 3 Bed FlatWestbrook Gardens78 Elizabeth Court, Westbrook Gardens, Margate, CT9 5FN
- Sold Jun 2019£260,000 | 3 Bed Flat44, Canterbury RoadFlat 1, 44, Canterbury Road, Margate, CT9 5BG
- Sold Mar 2018£395,000 | 4 Bed Flat38, Canterbury RoadFlat 22, 38, Canterbury Road, Margate, CT9 5FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 475 addresses on Canterbury Road, Margate, CT9, Flat 29, 38, Canterbury Road, Margate comes out as the 65th largest and the 106th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the CT9 district.
More reading links
Schools Nearby
- 900mGarlinge Primary School and Nursery
- 1.2kmMargate, Holy Trinity and St John's Church of England Primary School
- 1.2kmSalmestone Primary School
- 600mHartsdown Academy
- 2.9kmUrsuline College
- 3.3kmKing Ethelbert School
More reading links
Public Transport Nearby
From Flat 29, 38, Canterbury Road, Margate, the nearest station is Margate, 300 metres away.
- 300mMargate
- 2.1kmWestgate-on-Sea
- 4.7kmBirchington-on-Sea
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
