Flat 9, 44
Flat 9, 44
Description & Estimates
Flat 9, 44, Canterbury Road, Margate is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 9, 44, Canterbury Road, Margate is £190,437 and its rental estimate is £856 per month, given the available information and assuming reasonable condition.
44, Canterbury Road is a residential building on Canterbury Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat 9, 44, Canterbury Road, Margate has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 9, 44, Canterbury Road, Margate, we estimate a market value of £199,959 and a rental value of £899 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,107 and £796 per month respectively.
Recent Market Change
Over the last year, Flat 9, 44, Canterbury Road, Margate has seen its estimated sale value drop by £9,328 (4.9%) and its estimated rental value rise by £8 per month (0.9%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 9, 44, Canterbury Road, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 9, 44, Canterbury Road, Margate completed on 14th February 2019 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 dropped by 0.2% over the period since February 2019.
- Sold Feb 2019£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, 44, Canterbury Road, Margate have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2021, was Flat 11, 44, Canterbury Road, Margate, CT9 5BG, a leasehold flat which sold for £195,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 475 addresses on Canterbury Road, Margate, CT9, Flat 9, 44, Canterbury Road, Margate comes out as the 337th largest and the 261st most expensive in our analysis of the public data.
It is also £76k less expensive than the average property across the CT9 district.
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Schools Nearby
- 800mGarlinge Primary School and Nursery
- 1.3kmSalmestone Primary School
- 1.3kmSt Gregory's Catholic Primary School, Margate
- 600mHartsdown Academy
- 2.8kmUrsuline College
- 3.1kmKing Ethelbert School
More reading links
Public Transport Nearby
From Flat 9, 44, Canterbury Road, Margate, the nearest station is Margate, 400 metres away.
- 400mMargate
- 1.9kmWestgate-on-Sea
- 4.5kmBirchington-on-Sea
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.
