Friday 3 October 2014

Thanet Property - Do you know the Facts and Figures?

Here at Belvoir, we can guide you to the right places to identify property values and yields in Thanet and other useful property related information so you can make sure you get all the information you need about your future investments. Here are just a few property facts about our towns in Thanet....

There are 511 streets in the CT9 postcode area with 22,192 households, and of all those households 2,719 have changed hands in the last 5 years. In the Ramsgate area of CT11 there are 391 streets with 15,173 households and in the last 5 years 2,192 have changed hands. If we turn our attention to Broadstairs we can see there are 381 streets in the CT10 postcode with 12,628 households, and again looking at the last 5 years we can see that a little over 16% of these (2,070 to be precise) have changed hands. 

If I concentrate on Margate for this instance, we can report that compared to the national average – detached houses in Margate make up 15.34% of households with the national average being a little over 23%. Semi-detached houses make up 24.26% with the national average being 28%, 33.82% of households are terraced houses with the national average just above 31% and 26.58% of households are made up of flats compared to 17.28% nationally. Along with the fact that nearly 38% of occupants are in the privately rented sector we believe this is a good indication that Margate is a good place to buy a buy to let property.


If you would like more useful facts and figures pop in to see us at our office, we are situated along Northdown road in Cliftonville. 

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