Flat 3, 45
Flat 3, 45
Description & Estimates
Flat 3, 45, Addington Road, Margate is described in the public record as a period apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 45, Addington Road, Margate is £152,636 and its rental estimate is £708 per month, given the available information and assuming reasonable condition.
45, Addington Road is a residential building on Addington Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 3, 45, Addington Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 45, Addington Road, Margate, we estimate a market value of £160,268 and a rental value of £743 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,952 and £658 per month respectively.
Recent Market Change
Over the last year, Flat 3, 45, Addington Road, Margate has seen its estimated sale value move down by £4,550 (3.0%) and its estimated rental value increase by £19 per month (2.6%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 3, 45, Addington Road, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2019.
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
Over the past 2 years 3 properties similar to Flat 3, 45, Addington Road, Margate have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th August 2023, was Flat 2, 70, Trinity Square, Margate, CT9 1HS, a leasehold flat which sold for £148,000.
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
Of the 53 addresses on Addington Road, Margate, CT9, Flat 3, 45, Addington Road, Margate comes out as the 46th largest and the 47th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the CT9 district.
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Schools Nearby
- 200mMargate, Holy Trinity and St John's Church of England Primary School
- 1.0kmDrapers Mills Primary Academy
- 1.0kmSalmestone Primary School
- 1.4kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmThe Charles Dickens School
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Public Transport Nearby
From Flat 3, 45, Addington Road, Margate, the nearest station is Margate, 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.4kmBroadstairs
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
