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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 4, 4, Vere Road, Broadstairs is recorded publicly as a modern leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 4, 4, Vere Road, Broadstairs is £291,277 and its rental estimate is £1,281 per month, given the available information and assuming reasonable condition.
4, Vere Road is a residential building on Vere Road, Broadstairs, CT10 and falls within the CT10 postal district and the borough of Thanet.
Flat 4, 4, Vere Road, Broadstairs has 3 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated August 2014.
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.
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, 4, Vere Road, Broadstairs, we estimate a market value of £305,841 and a rental value of £1,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £270,888 and £1,192 per month respectively.
Over the last year, Flat 4, 4, Vere Road, Broadstairs has seen its estimated sale value move down by £16,793 (5.8%) and its estimated rental value decrease by £3 per month (0.3%). This results in an estimated gross rental yield of 5.3%.
Flat 4, 4, Vere Road, Broadstairs has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 4, 4, Vere Road, Broadstairs completed on 27th April 2022 at £350,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 12.0% over the period since April 2022.
Over the past 2 years 3 properties similar to Flat 4, 4, Vere Road, Broadstairs have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2024, was Flat 4, Park View 2, Vere Road, Broadstairs, CT10 1JF, a leasehold flat which sold for £290,000.
Read more about house prices in CT10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Vere Road, Broadstairs, CT10, Flat 4, 4, Vere Road, Broadstairs comes out as the 12th largest and the 26th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the CT10 district.
From Flat 4, 4, Vere Road, Broadstairs, the nearest station is Broadstairs, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 4, Vere Road, Broadstairs, 42.7% of property is privately rented and 36.7% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, 4, Vere Road, Broadstairs, 23.2% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 4, 4, Vere Road, Broadstairs, the average age was 47 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, 4, Vere Road, Broadstairs, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, 4, Vere Road, Broadstairs, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
