Flat 5, 27C
Flat 5, 27C
Description & Estimates
Flat 5, 27C, Hawley Street, Margate is recorded publicly as a period leasehold apartment across 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 5, 27C, Hawley Street, Margate is £186,343 and its rental estimate is £1,005 per month, given the available information and assuming reasonable condition.
27C, 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 5, 27C, Hawley Street, Margate has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated December 2008.
We combine this information with that 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
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 5, 27C, Hawley Street, Margate, we estimate a market value of £195,660 and a rental value of £1,056 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,299 and £935 per month respectively.
Recent Market Change
Over the last year, Flat 5, 27C, Hawley Street, Margate has seen its estimated sale value decline by £9,963 (5.3%) and its estimated rental value drop by £0 per month (0.0%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat 5, 27C, Hawley Street, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2008.
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 5, 27C, Hawley Street, Margate completed on 20th December 2016 at £155,000 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 11.3% over the period since December 2016.
- Sold Dec 2016£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 27C, Hawley Street, Margate have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was Flat 7, 2, Union Crescent, Margate, CT9 1NR, a leasehold flat which sold for £310,000.
Read more about house prices in CT9.
- Sold Nov 2024£310,000 | 3 Bed Flat2, Union CrescentFlat 7, 2, Union Crescent, Margate, CT9 1NR
- Sold Apr 2024£165,000 | 3 Bed FlatChapel Apartments 10, Hawley Square9, Chapel Apartments 10, Hawley Square, Margate, CT9 1PF
- Sold Mar 2023£260,000 | 3 Bed Flat27, Hawley StreetFlat 2, 27, Hawley Street, Margate, CT9 1QA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Hawley Street, Margate, CT9, Flat 5, 27C, Hawley Street, Margate comes out as the 7th largest and the 11th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the CT9 district.
More reading links
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 5, 27C, 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.
