Flat B, Clifton Mansions 2
Flat B, Clifton Mansions 2
Description & Estimates
Flat B, Clifton Mansions 2, Margate is described in the public record as a period apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat B, Clifton Mansions 2, Margate is £388,822 and its rental estimate is £1,620 per month, given the available information and assuming reasonable condition.
Clifton Mansions, Dalby Road is a residential building on Dalby Road, Margate, CT9 and falls within the CT9 postal district and the borough of Thanet.
Our Data Sources
Flat B, Clifton Mansions 2, Margate has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data 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 B, Clifton Mansions 2, Margate, we estimate a market value of £408,263 and a rental value of £1,701 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,605 and £1,507 per month respectively.
Recent Market Change
Over the last year, Flat B, Clifton Mansions 2, Margate has seen its estimated sale value fall by £15,743 (4.0%) and its estimated rental value move up by £30 per month (1.9%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat B, Clifton Mansions 2, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat B, Clifton Mansions 2, Margate has sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th October 2021, was Flat A, 9, Dalby Road, Margate, CT9 2EX, a leasehold flat which sold for £441,000.
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 27 addresses on Dalby Road, Margate, CT9, Flat B, Clifton Mansions 2, Margate comes out as the 10th largest and the 7th most expensive in our analysis of the public data.
It is also £122k more expensive than the average property across the CT9 district.
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Schools Nearby
- 700mMargate, Holy Trinity and St John's Church of England Primary School
- 1.1kmCliftonville Primary School
- 1.2kmDrapers Mills Primary Academy
- 1.9kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmThe Charles Dickens School
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Public Transport Nearby
From Flat B, Clifton Mansions 2, Margate, the nearest station is Margate, 1.5 kilometres away.
- 1.5kmMargate
- 3.8kmWestgate-on-Sea
- 4.3kmBroadstairs
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.
