Palm Bay Avenue, Margate, CT9
FR

Palm Bay Avenue, Margate, CT9

By Fresh Estates

£ 400,000

Reviews

3 out of 5 stars

Fresh Estates says ..

Stunning Coastal Apartment with Panoramic Sea Views

Property Oracle says ..

Cliftonville East is a popular residential area in Margate, known for its proximity to the beach and local amenities. The property’s location near Cliftonville Primary School (rated Outstanding by Ofsted) and other schools is a significant advantage for families. The area also benefits from relatively easy access to Southeastern train services, connecting residents to broader transport networks. The presence of nearby shops and places of interest further enhances the desirability of the location.

The apartment appears to be in good condition based on the provided images. The interior is well-maintained and presented, with modern fixtures and fittings in the kitchen and bathrooms. There is no visible evidence of significant wear and tear or the need for major renovations.

The property does not have a private garden; it is an apartment.

Considering the average price per square foot in the area (£404) and the property’s size (1,116.22 sqft), a rough estimate of its value would be around £451,000. The list price of £400,000 is therefore slightly below the average for the area, potentially representing good value for money, especially given the apartment’s apparent good condition and desirable location. However, the lack of plot size should be considered. The comparative prices of nearby properties vary considerably, suggesting a degree of price volatility in the local market. More detailed information on comparable properties, particularly those of similar size and type, would be needed to refine this assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
9
Land
1
Bedrooms
3
Bathrooms
3
Sqft (est)
1,116.22

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
388,182.00 £
Decreased by 15.21 %
from 457,805.00 £
Est sale value
613,921.00 £
Increased by 48.25 %
from 414,117.62 £
Average area rental value
885.00 £/mo
Decreased by 28.57 %
from 1,239.00 £/mo
Est letting value
1,116.22 £/mo
Unchanged by 0.00 %
from 1,116.22 £/mo
Est rental Yield
2.74 %
Decreased by 15.69 %
from 3.25 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Fresh Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Cliftonville Primary SchoolAcademy Sponsor LedOutstanding0.75 KM
St Anthony'S SchoolFoundation Special SchoolGood1.09 KM
Northdown Primary SchoolAcademy Sponsor LedRequires improvement1.20 KM
Lighthouse SchoolOther Independent Special SchoolGood1.51 KM
Cliftonville Children'S CentreChildren's Centre1.54 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Palm Bay Gardens £ 000.00 KM
Rutland Gardens £ 537,50000.00 KM
Fifth Avenue £ 000.00 KM
Wyndham Avenue £ 130,00000.00 KM
Harold Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR4.15 KM
Broadstairs5006BSR4.33 KM
Dumpton Park5034DMP5.38 KM
Ramsgate5023RAM5.60 KM
Westgate-On-Sea5195WGA7.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palm Bay Avenue, Margate, CT9 £ 400,000BUY6 / 100.00 KM
Palm Bay Avenue, Margate £ 425,000BUY5 / 100.00 KM
Palm Bay Avenue, Margate, Kent, CT9 £ 400,000BUY6 / 100.00 KM
Beresford Gardens, Cliftonville, Kent, CT9 £ 250,000BUY7 / 100.04 KM
Flat 27, Northumberland Court, Northumberland Avenue, Margate CT9 3BS £ 60,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
27a Beresford Gardens £ 192,0000.15 KM
25 Beresford Gardens £ 319,9950.15 KM
6 Beresford Gardens £ 220,0000.15 KM
17 Beresford Gardens £ 492,0000.15 KM
11 Beresford Gardens £ 229,0000.15 KM