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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, Updown House, Margate is a period house with 3,842 ft2 of internal area and sits on a 17,053 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Updown House, Margate is £482,401 and the estimated rental value is £2,528 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Updown House, Margate has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
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.
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 Updown House, Margate is in very good condition we estimate a sale value of £506,521 and a rental value of £2,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,633 and a rental value of £2,351 per month.
Over the last 12 months the sale value of Updown House Margate has decreased by an estimated £27,502 (5.7%) and its rental value has increased by an estimated £37 per month (1.5%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, Updown House, Margate sits on a plot of 17053m2.
We have plot size data on 3 out of 6 other houses in the postcode and Updown House, Margate sits on the largest plot.
Updown House, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 940 metres radius of Updown House, Margate over the last 2 years.
The most recent example is Updown Lodge, Ramsgate Road, Margate, CT9 4DT, a leasehold house which sold for £150,000 on the 9th May 2018.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsgate Road, Margate, CT9 has a total of 495 addresses. According to our analysis of all the public data, Updown House, Margate is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in CT9.
The closest station to Updown House, Margate is Margate station which is 2.2 kilometres away.
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 Updown House, Margate, 47.2% of property is privately rented and 30.2% is socially rented.
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 Updown House, Margate, 18.3% of residents are recorded as possessing school level qualifications and 49.0% 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 Updown House, 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 Updown House, 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 Updown House, Margate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
