160, MARGATE ROAD, RAMSGATE, CT12 6AA - £190,000

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.

160 MARGATE ROAD is a detached house, which could now be worth an estimated £253,107. It was last sold for £190,000 in May 2017, which was around 48% below the average May 2017 detached price in the Thanet local authority area.

160 MARGATE ROAD Sold Prices

Land registry data shows two sales for 160 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 160 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
2017 5 MAY	£190,000	£362,421	48% below HPI
1998 10 SEP	£53,000	£87,174	39% below HPI

What might 160 MARGATE ROAD be worth now?

160 MARGATE ROAD might now be worth an estimated £253,107.

This is based on house price inflation of 33.2%, between May 2017 and July 2026, for 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 33.2% inflationary increase is applied to the most recent sale price for 160 MARGATE ROAD of £190,000 on 5th May 2017. For the value to have increased from £190,000 to £253,107 over the eight years and ten months to July 2026, the following assumptions must hold true:

• The value of 160 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 160 MARGATE ROAD has not materially changed since May 2017.

Where is 160 MARGATE ROAD?

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