148, MARGATE ROAD, RAMSGATE, CT12 6AA - £113,000

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.

148 MARGATE ROAD is a very small extended semi-detached house of 57m², built sometime between 1930 and 1949, which could now be worth an estimated £198,280. It was last sold for £113,000 in August 2007, which was around 39% below the average August 2007 semi-detached price in the Thanet local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

148 MARGATE ROAD Sold Prices

Land registry data shows one sale for 148 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2007 15 AUG	£113,000	£186,194	39% below HPI

What might 148 MARGATE ROAD be worth now?

148 MARGATE ROAD might now be worth an estimated £198,280.

This is based on house price inflation of 75.5%, between August 2007 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 75.5% inflationary increase is applied to the most recent sale price for 148 MARGATE ROAD of £113,000 on 15th August 2007. For the value to have increased from £113,000 to £198,280 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 148 MARGATE ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The August 2007 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 148 MARGATE ROAD has not materially changed since August 2007.

How Large is 148 MARGATE ROAD?

148 MARGATE ROAD is 57m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% 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 148 MARGATE ROAD lies on this distribution: 7% of semi-detached houses are smaller than 148 MARGATE ROAD, and 91% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

148 MARGATE ROAD: Plot

148 MARGATE ROAD sits on a plot of roughly 0.086 of an acre, or 350m².

Where is 148 MARGATE ROAD?

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