Flat 5, The Point 23
Flat 5, The Point 23
Description & Estimates
Flat 5, The Point 23, Broadstairs is recorded publicly as a modern leasehold apartment across 2,895 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, The Point 23, Broadstairs is £1,335,654 and its rental estimate is £5,058 per month, given the available information and assuming reasonable condition.
The Point, Western Esplanade is a residential building on Western Esplanade, Broadstairs, CT10 and falls within the CT10 postal district and the borough of Thanet.
Our Data Sources
Flat 5, The Point 23, Broadstairs has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Point 23, Broadstairs, we estimate a market value of £1,402,437 and a rental value of £5,311 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,242,158 and £4,704 per month respectively.
Recent Market Change
Over the last year, Flat 5, The Point 23, Broadstairs has seen its estimated sale value decrease by £77,003 (5.8%) and its estimated rental value decline by £13 per month (0.3%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 5, The Point 23, Broadstairs has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Flat 5, The Point 23, Broadstairs completed on 2nd May 2014 at £1,100,000 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 13.9% over the period since May 2014.
- Sold May 2014£1,100,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 5, The Point 23, Broadstairs has sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2018, was Flat 1, The Point 23, Western Esplanade, Broadstairs, CT10 1TD, a leasehold flat which sold for £880,000.
Read more about house prices in CT10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Western Esplanade, Broadstairs, CT10, Flat 5, The Point 23, Broadstairs comes out as the 10th largest and the 5th most expensive in our analysis of the public data.
It is also £947k more expensive than the average property across the CT10 district.
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Schools Nearby
- 700mRamsgate, Holy Trinity Church of England Primary School
- 1.1kmSt Mildred's Primary Infant School
- 1.4kmUpton Junior School
- 1.8kmThe Charles Dickens School
- 2.0kmDane Court Grammar School
- 2.0kmThe Royal Harbour Academy
More reading links
Public Transport Nearby
From Flat 5, The Point 23, Broadstairs, the nearest station is Dumpton Park, 1.1 kilometres away.
- 1.1kmDumpton Park
- 1.3kmBroadstairs
- 2.6kmRamsgate
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 very low, based on Environment Agency data.
