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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes Flat C, 1, Addington Road, Margate as a period apartment with 297 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat C, 1, Addington Road, Margate has an estimated sale value of £133,005 and an estimated rental value of £617 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Addington Road, Margate, CT9.
Addington Road, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Flat C, 1, Addington Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
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.
In very good condition, we estimate Flat C, 1, Addington Road, Margate would be worth £139,656, with a potential rental value of £648 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £123,695, with a rental value of £574 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat C, 1, Addington Road, Margate has decreased by £3,964 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £16 (2.6%). The property's estimated gross yield is currently 5.6%.
Flat C, 1, Addington Road, Margate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat C, 1, Addington Road, Margate across the last 2 years.
Most recently, Flat 3, 70, Trinity Square, Margate, CT9 1HS, a leasehold flat, sold at £180,000 on the 14th July 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat C, 1, Addington Road, Margate as the 53rd largest and the 51st most expensive of the 53 addresses on Addington Road, Margate, CT9.
Against the CT9 postcode district average, it is £134k less expensive than the typical property.
Margate station is the nearest stop to Flat C, 1, Addington Road, Margate at 1.0 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat C, 1, Addington Road, Margate, 63.8% of property is privately rented and 18.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat C, 1, Addington Road, Margate, 17.6% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat C, 1, Addington Road, Margate, the average age was 39.2 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat C, 1, Addington Road, Margate, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat C, 1, Addington Road, Margate, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
