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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, Ground Floor Flat, 16, Prices Avenue, Margate is a period leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Ground Floor Flat, 16, Prices Avenue, Margate is £179,475 and the estimated rental value is £825 per month.
The apartment is within 16, Prices Avenue, Margate, CT9.
Prices Avenue, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Ground Floor Flat, 16, Prices Avenue, Margate has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated May 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.
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 Ground Floor Flat, 16, Prices Avenue, Margate is in very good condition we estimate a sale value of £188,449 and a rental value of £867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,912 and a rental value of £768 per month.
Over the last 12 months the sale value of Ground Floor Flat 16 Prices Avenue Margate has decreased by an estimated £5,350 (3.0%) and its rental value has increased by an estimated £22 per month (2.6%), giving an expected gross yield of 5.5%.
Ground Floor Flat, 16, Prices Avenue, Margate has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Ground Floor Flat, 16, Prices Avenue, Margate was last sold on 5th April 2007 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2007, the market for similar properties has risen 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 400 metres radius of Ground Floor Flat, 16, Prices Avenue, Margate over the last 2 years.
The most recent example is 12, Prices Avenue, Margate, CT9 2NT, a freehold house which sold for £415,000 on the 26th June 2020.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prices Avenue, Margate, CT9 has a total of 59 addresses. According to our analysis of all the public data, Ground Floor Flat, 16, Prices Avenue, Margate is the 56th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in CT9.
The closest station to Ground Floor Flat, 16, Prices Avenue, Margate is Margate station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Ground Floor Flat, 16, Prices Avenue, Margate, 35.4% of property is privately rented and 34.0% is privately owned outright.
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 Ground Floor Flat, 16, Prices Avenue, Margate, 16.0% of residents are recorded as possessing school level qualifications and 34.7% 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 Ground Floor Flat, 16, Prices Avenue, 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 Ground Floor Flat, 16, Prices Avenue, 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 Ground Floor Flat, 16, Prices Avenue, Margate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
