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According to the public record, Second Floor Flat, 9, Sea View Terrace, Margate is a period apartment with 678 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 Second Floor Flat, 9, Sea View Terrace, Margate is £270,831 and the estimated rental value is £1,151 per month.
The apartment is within 9, Sea View Terrace, Margate, CT9.
Sea View Terrace, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Second Floor Flat, 9, Sea View Terrace, 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 3 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 Second Floor Flat, 9, Sea View Terrace, Margate is in very good condition we estimate a sale value of £284,373 and a rental value of £1,208 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,873 and a rental value of £1,070 per month.
Over the last 12 months the sale value of Second Floor Flat 9 Sea View Terrace Margate has decreased by an estimated £10,966 (4.0%) and its rental value has increased by an estimated £21 per month (1.9%), giving an expected gross yield of 5.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 9, Sea View Terrace, Margate within a radius of 710 metres over the last 2 years.
The most recent example is Flat 3, Carleton House 4, Sea View Terrace, Margate, CT9 5BJ, a leasehold flat which sold for £366,000 on the 21st December 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sea View Terrace, Margate, CT9 has a total of 38 addresses. According to our analysis of all the public data, Second Floor Flat, 9, Sea View Terrace, Margate is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in CT9.
The closest station to Second Floor Flat, 9, Sea View Terrace, Margate is Margate station which is 300 metres 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 Second Floor Flat, 9, Sea View Terrace, Margate, 73.0% of property is privately rented and 14.8% 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 Second Floor Flat, 9, Sea View Terrace, Margate, 11.5% of residents are recorded as possessing school level qualifications and 34.1% 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 Second Floor Flat, 9, Sea View Terrace, Margate, the average age was 37.2 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 Second Floor Flat, 9, Sea View Terrace, 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 Second Floor Flat, 9, Sea View Terrace, 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.
