Flat 3, 5
Flat 3, 5
Description & Estimates
Public records show Flat 3, 5, Zion Place, Margate to be a modern leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 5, Zion Place, Margate has an estimated sale value of £111,889 and an estimated rental value of £698 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Zion Place, Margate, CT9.
Zion Place, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 5, Zion Place, Margate has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 5, Zion Place, Margate would be worth £117,483, with a potential rental value of £733 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £104,057, with a rental value of £649 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, 5, Zion Place, Margate has decreased by £4,530 (4.0%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.9%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 3, 5, Zion Place, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 5, Zion Place, Margate last changed hands on 30th March 2016, selling for £163,000. 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 risen by 28.9% since March 2016.
- Sold Mar 2016£163,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 3, 5, Zion Place, Margate across the last 2 years.
Most recently, Flat 10, Greenwich House 30-34, Arthur Road, Margate, CT9 2EN, a leasehold flat, sold at £120,000 on the 30th June 2025.
Read more about house prices in CT9.
- Sold Jun 2025£120,000 | 2 Bed FlatGreenwich House 30-34, Arthur RoadFlat 10, Greenwich House 30-34, Arthur Road, Margate, CT9 2EN
- Sold Apr 2025£100,000 | 2 Bed FlatFort Mansions 9-11, Fort CrescentFlat 17, Fort Mansions 9-11, Fort Crescent, Margate, CT9 1HN
- Sold Mar 2016£165,000 | 2 Bed Flat5, Zion PlaceFlat 2, 5, Zion Place, Margate, CT9 1RP
•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, 5, Zion Place, Margate as the 34th largest and the 50th most expensive of the 63 addresses on Zion Place, Margate, CT9.
Against the CT9 postcode district average, it is £155k less expensive than the typical property.
More reading links
Schools Nearby
- 700mMargate, Holy Trinity and St John's Church of England Primary School
- 1.4kmDrapers Mills Primary Academy
- 1.4kmCliftonville Primary School
- 1.9kmHartsdown Academy
- 4.0kmDane Court Grammar School
- 4.1kmThe Charles Dickens School
More reading links
Public Transport Nearby
Margate station is the nearest stop to Flat 3, 5, Zion Place, Margate at 1.3 kilometres away.
- 1.3kmMargate
- 3.7kmWestgate-on-Sea
- 4.6kmBroadstairs
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 very low risk of flooding.
