Second Floor Flat, 40
Second Floor Flat, 40
Description & Estimates
The public record describes Second Floor Flat, 40, Edgar Road, Margate as a modern apartment with 700 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Second Floor Flat, 40, Edgar Road, Margate has an estimated sale value of £194,539 and an estimated rental value of £917 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Edgar Road, Cliftonville, Margate, CT9.
Edgar Road, Cliftonville, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Second Floor Flat, 40, Edgar Road, Margate has no records in the the Land Registry and no records in the EPC database.
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.
Price Range & Condition
In very good condition, we estimate Second Floor Flat, 40, Edgar Road, Margate would be worth £204,266, with a potential rental value of £963 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,921, with a rental value of £853 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Second Floor Flat, 40, Edgar Road, Margate has fallen by £7,877 (4.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £17 (1.9%). The property's estimated gross yield is currently 5.7%.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Second Floor Flat, 40, Edgar Road, Margate across the last 2 years.
Most recently, Flat 8, 51, Edgar Road, Margate, CT9 2EQ, a leasehold flat, sold at £230,000 on the 11th July 2025.
Read more about house prices in CT9.
- Sold Jul 2025£230,000 | 2 Bed FlatFlat 8, 51, Edgar Road, Margate, CT9 2EQFlat 8, 51, Edgar Road, Margate, CT9 2EQ
- Sold Oct 2023£227,500 | 2 Bed FlatFlat 6, 51, Edgar Road, Margate, CT9 2EQFlat 6, 51, Edgar Road, Margate, CT9 2EQ
- Sold Apr 2021£179,000 | 2 Bed FlatFlat 4, 51, Edgar Road, Margate, CT9 2EQFlat 4, 51, Edgar Road, Margate, CT9 2EQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Second Floor Flat, 40, Edgar Road, Margate as the 60th largest and the 48th most expensive of the 180 addresses on Edgar Road, Cliftonville, Margate, CT9.
Against the CT9 postcode district average, it is £72k less expensive than the typical property.
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Schools Nearby
- 800mMargate, Holy Trinity and St John's Church of England Primary School
- 1.1kmCliftonville Primary School
- 1.2kmDrapers Mills Primary Academy
- 2.1kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmThe Charles Dickens School
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Public Transport Nearby
Margate station is the nearest stop to Second Floor Flat, 40, Edgar Road, Margate at 1.6 kilometres away.
- 1.6kmMargate
- 4.0kmWestgate-on-Sea
- 4.3kmBroadstairs
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
