245A, MARGATE ROAD, RAMSGATE, CT12 6TA - £110,000

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.

245A MARGATE ROAD is a large extended flat of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £176,392. It was last sold for £110,000 in October 2009, which was around 12% above the average October 2009 flat price in the Thanet local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

245A MARGATE ROAD Sold Prices

Land registry data shows one sale for 245A MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2009 30 OCT	£110,000	£98,452	12% above HPI

What might 245A MARGATE ROAD be worth now?

245A MARGATE ROAD might now be worth an estimated £176,392.

This is based on house price inflation of 60.4%, between October 2009 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 60.4% inflationary increase is applied to the most recent sale price for 245A MARGATE ROAD of £110,000 on 30th October 2009. For the value to have increased from £110,000 to £176,392 over the seventeen years and five months to May 2026, the following assumptions must hold true:

• The value of 245A MARGATE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The October 2009 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 245A MARGATE ROAD has not materially changed since October 2009.

How Large is 245A MARGATE ROAD?

245A MARGATE ROAD is 67m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of flats in Ramsgate, based on EPC data. 68% of flats are smaller than 245A MARGATE ROAD, and 30% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

245A MARGATE ROAD: Plot

245A MARGATE ROAD sits on a plot of roughly 0.139 of an acre, or 562m².

Where is 245A MARGATE ROAD?

245A MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district.