122, RAMSGATE ROAD, MARGATE, CT9 4BH - £171,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

122 RAMSGATE ROAD is a large extended terraced house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £214,150. It was last sold for £171,750 in May 2019, which was around 17% below the average May 2019 terraced price in the Thanet local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

122 RAMSGATE ROAD Sold Prices

Land registry data shows one sale for 122 RAMSGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 3 MAY	£171,750	£207,159	17% below HPI

What might 122 RAMSGATE ROAD be worth now?

122 RAMSGATE ROAD might now be worth an estimated £214,150.

This is based on house price inflation of 24.7%, between May 2019 and May 2026, for terraced houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 122 RAMSGATE ROAD of £171,750 on 3rd May 2019. For the value to have increased from £171,750 to £214,150 over the seven years to May 2026, the following assumptions must hold true:

• The value of 122 RAMSGATE ROAD has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The May 2019 sale price of £171,750 represented a fair market value for the property.
• The size, condition, and specification of 122 RAMSGATE ROAD has not materially changed since May 2019.

How Large is 122 RAMSGATE ROAD?

122 RAMSGATE ROAD is 93m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of terraced houses in Margate, based on EPC data. The below chart shows the distribution of terraced houses by size in Margate, and where 122 RAMSGATE ROAD lies on this distribution: 62% of terraced houses are smaller than 122 RAMSGATE ROAD, and 36% of terraced houses are larger. Note that EPC data is not available for all properties in Margate.

122 RAMSGATE ROAD: Plot

122 RAMSGATE ROAD sits on a plot of roughly 0.043 of an acre, or 172m².

Where is 122 RAMSGATE ROAD?

122 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district.