Flat 3, 31
Flat 3, 31
Description & Estimates
Public records show Flat 3, 31, Rancorn Road, Margate to be a period leasehold apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 31, Rancorn Road, Margate has an estimated sale value of £163,579 and an estimated rental value of £747 per month, assuming reasonable condition and based on the information available.
The apartment sits within 31, Rancorn Road, Margate, CT9.
Rancorn Road, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 31, Rancorn Road, Margate has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated February 2018.
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, 31, Rancorn Road, Margate would be worth £171,758, with a potential rental value of £784 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £152,129, with a rental value of £694 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, 31, Rancorn Road, Margate has declined by £4,876 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (2.6%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 3, 31, Rancorn Road, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 31, Rancorn Road, Margate last changed hands on 14th September 2018, selling for £173,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.0% since September 2018.
- Sold Sep 2018£173,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of Flat 3, 31, Rancorn Road, Margate across the last 2 years.
Most recently, Flat 4, 31, Rancorn Road, Margate, CT9 5DG, a leasehold flat, sold at £160,000 on the 27th June 2025.
Read more about house prices in CT9.
- Sold Jun 2025£160,000 | 1 Bed Flat31, Rancorn RoadFlat 4, 31, Rancorn Road, Margate, CT9 5DG
- Sold Sep 2023£175,000 | 1 Bed FlatAlexandra Court, The Royal SeabathingFlat 4, Alexandra Court, The Royal Seabathing, Margate, CT9 5NT
- Sold Nov 2022£165,000 | 1 Bed FlatAlexandra Court, The Royal SeabathingFlat 22, Alexandra Court, The Royal Seabathing, Margate, CT9 5NT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, 31, Rancorn Road, Margate as the 55th largest and the 46th most expensive of the 61 addresses on Rancorn Road, Margate, CT9.
Against the CT9 postcode district average, it is £103k less expensive than the typical property.
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Schools Nearby
- 700mGarlinge Primary School and Nursery
- 1.4kmSalmestone Primary School
- 1.4kmSt Gregory's Catholic Primary School, Margate
- 600mHartsdown Academy
- 2.6kmUrsuline College
- 3.0kmKing Ethelbert School
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 3, 31, Rancorn Road, Margate at 600 metres away.
- 600mMargate
- 1.8kmWestgate-on-Sea
- 4.4kmBirchington-on-Sea
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
