14B, DEVONSHIRE GARDENS, MARGATE, CT9 3AF - £62,000

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.

14B DEVONSHIRE GARDENS is a large flat of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £61,051. It was last sold for £62,000 in March 2021, which was around 61% below the average March 2021 flat price in the Thanet local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

14B DEVONSHIRE GARDENS Sold Prices

Land registry data shows six sales for 14B DEVONSHIRE GARDENS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. three of the six 14B DEVONSHIRE GARDENS sales were for below the average price, and six were for above 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
2021 18 MAR	£62,000	£160,329	61% below HPI
2015 6 FEB	£49,950	£109,368	54% below HPI
2014 14 NOV	£104,190	£110,066	5% below HPI
2007 10 SEP	£125,000	£118,673	5% above HPI
2005 7 JAN	£133,000	£101,113	32% above HPI
2005 7 JAN	£133,000	£101,113	32% above HPI

What might 14B DEVONSHIRE GARDENS be worth now?

14B DEVONSHIRE GARDENS might now be worth an estimated £61,051.

This is based on house price deflation of 1.5%, between March 2021 and May 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 14B DEVONSHIRE GARDENS of £62,000 on 18th March 2021. For the value to have decreased from £62,000 to £61,051 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 14B DEVONSHIRE GARDENS has moved in line with the HPI for flats in the Thanet local authority area.
• The March 2021 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 14B DEVONSHIRE GARDENS has not materially changed since March 2021.

How Large is 14B DEVONSHIRE GARDENS?

14B DEVONSHIRE GARDENS is 68m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of flats in Margate, based on EPC data. 69% of flats are smaller than 14B DEVONSHIRE GARDENS, and 29% of flats are larger. Note that EPC data is not available for all properties in Margate.

14B DEVONSHIRE GARDENS: Plot

14B DEVONSHIRE GARDENS sits on a plot of roughly 0.090 of an acre, or 365m².

Where is 14B DEVONSHIRE GARDENS?

14B DEVONSHIRE GARDENS is located in MARGATE, in the CT9 postcode district.