Flat 3, 48
Flat 3, 48
Description & Estimates
The public record describes Flat 3, 48, Addington Road, Margate as a mid-century apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 48, Addington Road, Margate has an estimated sale value of £162,924 and an estimated rental value of £750 per month, assuming reasonable condition and based on the information available.
The apartment sits within 48, Addington Road, Margate, CT9.
Addington Road, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 48, Addington Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
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
In very good condition, we estimate Flat 3, 48, Addington Road, Margate would be worth £171,070, with a potential rental value of £787 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £151,519, with a rental value of £697 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, 48, Addington Road, Margate has dropped by £4,856 (3.0%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (2.6%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 3, 48, Addington Road, Margate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 3, 48, Addington Road, Margate across the last 2 years.
Most recently, Flat 6, Edith Court, Victoria Road, Margate, CT9 1RB, a leasehold flat, sold at £185,000 on the 28th March 2025.
Read more about house prices in CT9.
- Sold Mar 2025£185,000 | 2 Bed FlatEdith Court, Victoria RoadFlat 6, Edith Court, Victoria Road, Margate, CT9 1RB
- Sold Oct 2021£150,000 | 2 Bed FlatEdith Court, Victoria RoadFlat 10, Edith Court, Victoria Road, Margate, CT9 1RB
- Sold Jul 2021£68,500 | 2 Bed FlatEdith Court, Victoria RoadFlat 5, Edith Court, Victoria Road, Margate, CT9 1RB
•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, 48, Addington Road, Margate as the 39th largest and the 41st most expensive of the 53 addresses on Addington Road, Margate, CT9.
Against the CT9 postcode district average, it is £104k less expensive than the typical property.
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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
Margate station is the nearest stop to Flat 3, 48, Addington Road, Margate at 1.0 kilometres away.
- 1.0kmMargate
- 3.4kmWestgate-on-Sea
- 4.4kmBroadstairs
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.
