Flat 3, 27
Flat 3, 27
Description & Estimates
Public records show Flat 3, 27, Hawley Street, Margate to be a period leasehold apartment with 1,496 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, 27, Hawley Street, Margate has an estimated sale value of £249,704 and an estimated rental value of £1,217 per month, assuming reasonable condition and based on the information available.
The apartment sits within 27, Hawley Street, Margate, CT9.
Hawley Street, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 27, Hawley Street, Margate has 2 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated April 2019.
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
In very good condition, we estimate Flat 3, 27, Hawley Street, Margate would be worth £262,189, with a potential rental value of £1,278 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £232,225, with a rental value of £1,132 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 3, 27, Hawley Street, Margate has declined by £13,226 (5.3%) over the last year. During the same period, its estimated monthly rental value has dropped by £2 (0.1%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
Flat 3, 27, Hawley Street, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 27, Hawley Street, Margate last changed hands on 4th November 2021, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 12.3% since November 2021.
- Sold Nov 2021£250,000
- Sold Feb 2017£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 3, 27, Hawley Street, Margate across the last 2 years.
Most recently, 59A, High Street, Margate, CT9 1DX, a leasehold flat, sold at £1,400,000 on the 30th May 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
Our analysis of the public data ranks Flat 3, 27, Hawley Street, Margate as the 2nd largest and the 3rd most expensive of the 25 addresses on Hawley Street, Margate, CT9.
Against the CT9 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 1.2kmSalmestone Primary School
- 1.3kmDrapers Mills Primary Academy
- 1.4kmHartsdown Academy
- 4.0kmDane Court Grammar School
- 4.1kmUrsuline College
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 3, 27, Hawley Street, Margate at 900 metres away.
- 900mMargate
- 3.2kmWestgate-on-Sea
- 4.7kmBroadstairs
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 low risk of flooding.
