Our Data Sources
Flat 5, 2, Bayer Street, Margate has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate Flat 5, 2, Bayer Street, Margate would be worth £79,360, with a potential rental value of £507 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,290, with a rental value of £449 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 5, 2, Bayer Street, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
Flat 5, 2, Bayer Street, Margate last changed hands on 14th July 2023, selling for £86,000. 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 dropped by 16.2% since July 2023.
- Sold Jul 2023£86,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of Flat 5, 2, Bayer Street, Margate since 2023.
Most recently, Flat 6, 2, Bayer Street, Margate, CT9 4GN, a leasehold flat, sold at £75,250 on the 28th July 2023.
Read more about house prices in CT9.
- Sold Jul 2023£75,250 | 2 Bed FlatFlat 6, 2, Bayer Street, Margate, CT9 4GNFlat 6, 2, Bayer Street, Margate, CT9 4GN
- Sold Jun 2023£96,750 | 2 Bed FlatFlat 3, 2, Bayer Street, Margate, CT9 4GNFlat 3, 2, Bayer Street, Margate, CT9 4GN
- Sold Jun 2023£80,000 | 2 Bed FlatFlat 2, 2, Bayer Street, Margate, CT9 4GNFlat 2, 2, Bayer Street, Margate, CT9 4GN
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £119,907, ranging from £71,685 to £185,302.
- Flat 4, 2 Bayer Street
2 Bed Flat | 0 m | Est. Value: £75,581
- Flat 1, 2 Bayer Street
2 Bed Flat | 0 m | Est. Value: £75,581
- Flat 3, 2 Bayer Street
2 Bed Flat | 0 m | Est. Value: £75,581
- Flat 6, 2 Bayer Street
2 Bed Flat | 0 m | Est. Value: £75,581
- Flat 2, 2 Bayer Street
2 Bed Flat | 0 m | Est. Value: £71,685
Location Comparison
Our analysis of the public data ranks Flat 5, 2, Bayer Street, Margate as the 15th largest and the 16th most expensive of the 20 addresses on Bayer Street, Margate, CT9.
Against the CT9 postcode district average, it is £191k less expensive than the typical property.
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Schools Nearby
- St Gregory's Catholic Primary School, Margate1.5 km away
- Dame Janet Primary Academy1.7 km away
- Salmestone Primary School1.7 km away
- The Royal Harbour Academy1.5 km away
- Dane Court Grammar School2.1 km away
- Hartsdown Academy2.3 km away
More reading links
Public Transport Nearby
- Margate|2.7 km away
- Ramsgate|2.8 km away
- Broadstairs|3.1 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
