243, MARGATE ROAD, RAMSGATE, CT12 6SU - £167,703

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.

243 MARGATE ROAD is a detached house, which could now be worth an estimated £489,751. It was last sold for £167,703 in July 2002, which was around 2% above the average July 2002 detached price in the Thanet local authority area.

243 MARGATE ROAD Sold Prices

Land registry data shows two sales for 243 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 243 MARGATE ROAD sales 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
2002 3 JUL	£167,703	£164,334	2% above HPI
1995 2 FEB	£90,000	£69,216	30% above HPI

What might 243 MARGATE ROAD be worth now?

243 MARGATE ROAD might now be worth an estimated £489,751.

This is based on house price inflation of 192%, between July 2002 and May 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 192% inflationary increase is applied to the most recent sale price for 243 MARGATE ROAD of £167,703 on 3rd July 2002. For the value to have increased from £167,703 to £489,751 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 243 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The July 2002 sale price of £167,703 represented a fair market value for the property.
• The size, condition, and specification of 243 MARGATE ROAD has not materially changed since July 2002.

Where is 243 MARGATE ROAD?

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