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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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According to the public record, Flat E, 77, Northdown Road, Margate is a mid-century apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 77, Northdown Road, Margate is £69,173 and the estimated rental value is £476 per month.
The apartment is within 77, Northdown Road, Margate, CT9.
Northdown Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat E, 77, Northdown Road, 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 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat E, 77, Northdown Road, Margate is in very good condition we estimate a sale value of £72,632 and a rental value of £500 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,331 and a rental value of £443 per month.
Over the last 12 months the sale value of Flat E 77 Northdown Road Margate has decreased by an estimated £3,155 (4.6%) and its rental value has increased by an estimated £8 per month (1.8%), giving an expected gross yield of 8.3%.
Flat E, 77, Northdown Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 77, Northdown Road, Margate within a radius of 290 metres over the last 2 years.
The most recent example is Flat 9, 2-8, Athelstan Road, Margate, CT9 2BF, a leasehold flat which sold for £51,500 on the 26th January 2024.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northdown Road, Margate, CT9 has a total of 392 addresses. According to our analysis of all the public data, Flat E, 77, Northdown Road, Margate is the 299th largest and the 377th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in CT9.
The closest station to Flat E, 77, Northdown Road, Margate is Margate station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 77, Northdown Road, Margate, 71.0% of property is privately rented and 13.4% 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 E, 77, Northdown Road, Margate, 23.2% of residents are recorded as possessing school level qualifications and 24.2% 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 E, 77, Northdown Road, Margate, the average age was 37.6 and the most common age was 2.
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 E, 77, Northdown 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 E, 77, Northdown Road, Margate, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
