146, MARGATE ROAD, RAMSGATE, CT12 6AA - £157,390

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.

146 MARGATE ROAD is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £150,930. It was last sold for £157,390 in May 2023, which was around 54% below the average May 2023 semi-detached price in the Thanet local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

146 MARGATE ROAD Sold Prices

Land registry data shows six sales for 146 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. All of the six 146 MARGATE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 26 MAY	£157,390	£340,696	54% below HPI
2023 26 MAY	£147,900	£340,696	57% below HPI
2023 26 MAY	£265,000	£340,696	22% below HPI
2013 22 NOV	£138,000	£170,326	19% below HPI
2011 11 NOV	£135,000	£162,739	17% below HPI
2010 12 MAR	£104,000	£165,659	37% below HPI

What might 146 MARGATE ROAD be worth now?

146 MARGATE ROAD might now be worth an estimated £150,930.

This is based on house price deflation of 4.1%, between May 2023 and May 2026, for semi-detached 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 4.1% deflationary decrease is applied to the most recent sale price for 146 MARGATE ROAD of £157,390 on 26th May 2023. For the value to have decreased from £157,390 to £150,930 over the three years to May 2026, the following assumptions must hold true:

• The value of 146 MARGATE ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The May 2023 sale price of £157,390 represented a fair market value for the property.
• The size, condition, and specification of 146 MARGATE ROAD has not materially changed since May 2023.

How Large is 146 MARGATE ROAD?

146 MARGATE ROAD is 59m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Ramsgate, and where 146 MARGATE ROAD lies on this distribution: 10% of semi-detached houses are smaller than 146 MARGATE ROAD, and 88% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

146 MARGATE ROAD: Plot

146 MARGATE ROAD sits on a plot of roughly 0.086 of an acre, or 349m².

Where is 146 MARGATE ROAD?

146 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district.