Flat 3, 10
Flat 3, 10
Description & Estimates
According to the public record, Flat 3, 10, Sea View Terrace, Margate is a period leasehold apartment with 581 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 3, 10, Sea View Terrace, Margate is £247,691 and the estimated rental value is £1,098 per month.
The apartment is within 10, Sea View Terrace, Margate, CT9.
Sea View Terrace, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 3, 10, Sea View Terrace, Margate has 21 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated May 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
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 3, 10, Sea View Terrace, Margate is in very good condition we estimate a sale value of £260,075 and a rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,352 and a rental value of £1,021 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 10, Sea View Terrace, Margate has decreased by £10,029 (4.0%), while its estimated rental value has grown by £20 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Flat 3, 10, Sea View Terrace, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, 10, Sea View Terrace, Margate was last sold on 27th September 2017 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2017, the market for similar properties has dropped by 11.3%.
- Sold Sep 2017£230,000
- Sold Aug 2006£134,250
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 3, 10, Sea View Terrace, Margate within a radius of 710 metres over the last 2 years.
The most recent example is Flat 20, Alexandra Court, The Royal Seabathing, Margate, CT9 5NT, a leasehold flat which sold for £235,000 on the 11th August 2023.
Read more about house prices in CT9.
- Sold Aug 2023£235,000 | 2 Bed FlatAlexandra Court, The Royal SeabathingFlat 20, Alexandra Court, The Royal Seabathing, Margate, CT9 5NT
- Sold Oct 2022£200,000 | 2 Bed FlatAlexandra Court, The Royal SeabathingFlat 38, Alexandra Court, The Royal Seabathing, Margate, CT9 5NT
- Sold Mar 2022£245,000 | 2 Bed Flat5, Sea View TerraceFlat 3, 5, Sea View Terrace, Margate, CT9 5BJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Sea View Terrace, Margate, CT9 has a total of 38 addresses. According to our analysis of all the public data, Flat 3, 10, Sea View Terrace, Margate is the 29th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in CT9.
More reading links
Schools Nearby
- 1.0kmGarlinge Primary School and Nursery
- 1.2kmMargate, Holy Trinity and St John's Church of England Primary School
- 1.3kmSalmestone Primary School
- 700mHartsdown Academy
- 3.0kmUrsuline College
- 3.3kmKing Ethelbert School
More reading links
Public Transport Nearby
The closest station to Flat 3, 10, Sea View Terrace, Margate is Margate station, which is 300 metres away.
- 300mMargate
- 2.1kmWestgate-on-Sea
- 4.7kmBirchington-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.
