Flat 4, 27
Flat 4, 27
Description & Estimates
Flat 4, 27, Hawley Street, Margate is recorded publicly as a period leasehold apartment across 1,700 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms.
Our estimate of the sale value of Flat 4, 27, Hawley Street, Margate is £272,474 and its rental estimate is £1,359 per month, given the available information and assuming reasonable condition.
27, Hawley Street is a residential building on Hawley Street, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 4, 27, Hawley Street, Margate has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated January 2019.
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
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 4, 27, Hawley Street, Margate, we estimate a market value of £286,098 and a rental value of £1,426 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,401 and £1,263 per month respectively.
Recent Market Change
Over the last year, Flat 4, 27, Hawley Street, Margate has seen its estimated sale value drop by £16,155 (5.9%) and its estimated rental value fall by £7 per month (0.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 4, 27, Hawley Street, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 27, Hawley Street, Margate completed on 12th January 2007 at £126,650 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.6% over the period since January 2007.
- Sold Jan 2007£126,650
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 27, Hawley Street, Margate have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2021, was Flat 3, 27, Hawley Street, Margate, CT9 1QA, a leasehold flat which sold for £250,000.
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 25 addresses on Hawley Street, Margate, CT9, Flat 4, 27, Hawley Street, Margate comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the CT9 district.
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Schools Nearby
- 400mMargate, Holy Trinity and St John's Church of England Primary School
- 1.2kmSalmestone Primary School
- 1.3kmDrapers Mills Primary Academy
- 1.4kmHartsdown Academy
- 4.0kmDane Court Grammar School
- 4.1kmUrsuline College
More reading links
Public Transport Nearby
From Flat 4, 27, Hawley Street, Margate, the nearest station is Margate, 900 metres away.
- 900mMargate
- 3.2kmWestgate-on-Sea
- 4.7kmBroadstairs
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
