Flat 3, 7
Flat 3, 7
Description & Estimates
The public record describes Flat 3, 7, Zion Place, Margate as a period apartment with 308 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 7, Zion Place, Margate has an estimated sale value of £74,587 and an estimated rental value of £516 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7, Zion Place, Margate, CT9.
Zion Place, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 7, Zion Place, Margate has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2009.
We combine this information with public data 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, 7, Zion Place, Margate would be worth £78,317, with a potential rental value of £542 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £69,366, with a rental value of £480 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, 7, Zion Place, Margate has moved down by £2,223 (3.0%) over the last year. During the same period, its estimated monthly rental value has increased by £14 (2.6%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
Flat 3, 7, Zion Place, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, 7, Zion Place, Margate last changed hands on 31st October 2001, selling for £23,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 2001£23,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 3, 7, Zion Place, Margate across the last 2 years.
Most recently, Flat 2, 10, Zion Place, Margate, CT9 1RP, a leasehold flat, sold at £82,000 on the 20th July 2023.
Read more about house prices in CT9.
- Sold Jul 2023£82,000 | 1 Bed Flat10, Zion PlaceFlat 2, 10, Zion Place, Margate, CT9 1RP
- Sold Feb 2020£70,000 | 1 Bed Flat1, Ethelbert GardensFlat 3, 1, Ethelbert Gardens, Margate, CT9 1SA
- Sold Jun 2016£68,000 | 1 Bed FlatKathleen Court 28-30, Ethelbert RoadFlat 4, Kathleen Court 28-30, Ethelbert Road, Margate, CT9 1SB
•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, 7, Zion Place, Margate as the 57th largest and the 59th most expensive of the 63 addresses on Zion Place, Margate, CT9.
Against the CT9 postcode district average, it is £192k less expensive than the typical property.
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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, 7, 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.
