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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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According to the public record, Flat 4, 79, Eastern Esplanade, Margate is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 79, Eastern Esplanade, Margate is £193,077 and the estimated rental value is £887 per month.
The apartment is within 79, Eastern Esplanade, Cliftonville, Margate, CT9.
Eastern Esplanade, Cliftonville, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 4, 79, Eastern Esplanade, Margate has 41 entries in the Land Registry , most recently in May 2011 and a single entry in the EPC database dated October 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 4, 79, Eastern Esplanade, Margate is in very good condition we estimate a sale value of £202,731 and a rental value of £932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,562 and a rental value of £825 per month.
Over the last 12 months the sale value of Flat 4 79 Eastern Esplanade Margate has decreased by an estimated £7,818 (4.0%) and its rental value has increased by an estimated £17 per month (1.9%), giving an expected gross yield of 5.5%.
Flat 4, 79, Eastern Esplanade, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, 79, Eastern Esplanade, Margate was last sold on 11th May 2011 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2011, the market for similar properties has risen 89.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 79, Eastern Esplanade, Margate within a radius of 470 metres over the last 2 years.
The most recent example is Flat 3, 12, Eastern Esplanade, Margate, CT9 2JB, a leasehold flat which sold for £192,500 on the 13th December 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Esplanade, Cliftonville, Margate, CT9 has a total of 237 addresses. According to our analysis of all the public data, Flat 4, 79, Eastern Esplanade, Margate is the 228th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in CT9.
The closest station to Flat 4, 79, Eastern Esplanade, Margate is Margate station which is 2.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 79, Eastern Esplanade, Margate, 70.3% of property is privately rented and 14.6% is privately owned with a mortgage.
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, 79, Eastern Esplanade, Margate, 19.3% of residents are recorded as possessing school level qualifications and 28.0% 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, 79, Eastern Esplanade, Margate, the average age was 37.6 and the most common age was 2.
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, 79, Eastern Esplanade, Margate, 0.3% 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, 79, Eastern Esplanade, Margate, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
