Flat 2A, 12
Flat 2A, 12
Description & Estimates
The public record describes Flat 2A, 12, Second Avenue, Margate as a period apartment with 325 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2A, 12, Second Avenue, Margate has an estimated sale value of £133,693 and an estimated rental value of £672 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Second Avenue, Cliftonville, Margate, CT9.
Second Avenue, Cliftonville, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 2A, 12, Second Avenue, Margate has no records in the the Land Registry and a single entry in the EPC database dated July 2010.
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.
Price Range & Condition
In very good condition, we estimate Flat 2A, 12, Second Avenue, Margate would be worth £140,377, with a potential rental value of £705 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £124,334, with a rental value of £625 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2A, 12, Second Avenue, Margate has decreased by £3,985 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £18 (2.6%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 2A, 12, Second Avenue, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jul 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 2A, 12, Second Avenue, Margate across the last 2 years.
Most recently, Flat 6, 23, Surrey Road, Margate, CT9 2JR, a leasehold flat, sold at £143,000 on the 31st March 2023.
Read more about house prices in CT9.
- Sold Mar 2023£143,000 | 1 Bed Flat23, Surrey RoadFlat 6, 23, Surrey Road, Margate, CT9 2JR
- Sold May 2021£92,500 | 1 Bed FlatBurlington House 41-45, Harold RoadFlat 4, Burlington House 41-45, Harold Road, Margate, CT9 2HS
- Sold Aug 2017£61,750 | 1 Bed Flat78, Eastern EsplanadeFlat 1A, 78, Eastern Esplanade, Margate, CT9 2JP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2A, 12, Second Avenue, Margate as the 30th largest and the 30th most expensive of the 30 addresses on Second Avenue, Cliftonville, Margate, CT9.
Against the CT9 postcode district average, it is £133k less expensive than the typical property.
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Schools Nearby
- 800mCliftonville Primary School
- 1.2kmMargate, Holy Trinity and St John's Church of England Primary School
- 1.4kmPalm Bay Primary School
- 2.5kmHartsdown Academy
- 3.6kmDane Court Grammar School
- 3.7kmThe Charles Dickens School
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 2A, 12, Second Avenue, Margate at 2.0 kilometres away.
- 2.0kmMargate
- 4.1kmBroadstairs
- 4.4kmWestgate-on-Sea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
