Flat 2B, 12
Flat 2B, 12
Description & Estimates
According to the public record, Flat 2B, 12, Second Avenue, Margate is a period apartment with 981 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2B, 12, Second Avenue, Margate is £237,906 and the estimated rental value is £986 per month.
The apartment is within 12, Second Avenue, Cliftonville, Margate, CT9.
Second Avenue, Cliftonville, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 2B, 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
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 2B, 12, Second Avenue, Margate is in very good condition we estimate a sale value of £249,801 and a rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,252 and a rental value of £917 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2B, 12, Second Avenue, Margate has declined by £12,601 (5.3%), while its estimated rental value has dropped by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 2B, 12, Second Avenue, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
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 2B, 12, Second Avenue, Margate within a radius of 410 metres over the last 2 years.
The most recent example is Flat 12, 2, Second Avenue, Margate, CT9 2LL, a leasehold flat which sold for £245,000 on the 19th December 2024.
Read more about house prices in CT9.
- Sold Dec 2024£245,000 | 3 Bed Flat2, Second AvenueFlat 12, 2, Second Avenue, Margate, CT9 2LL
- Sold Mar 2024£280,000 | 3 Bed FlatGranville Court 6-7, Lewis CrescentFlat 5, Granville Court 6-7, Lewis Crescent, Margate, CT9 2LQ
- Sold Sep 2021£230,000 | 3 Bed Flat2, Second AvenueFlat 4, 2, Second Avenue, Margate, CT9 2LL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Second Avenue, Cliftonville, Margate, CT9 has a total of 30 addresses. According to our analysis of all the public data, Flat 2B, 12, Second Avenue, Margate is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in CT9.
More reading links
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
The closest station to Flat 2B, 12, Second Avenue, Margate is Margate station, which is 2.0 kilometres away.
- 2.0kmMargate
- 4.1kmBroadstairs
- 4.4kmWestgate-on-Sea
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.
