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.
253 MARGATE ROAD is a detached house, which could now be worth an estimated £340,690. It was last sold for £157,950 in May 2004, which was around 29% below the average May 2004 detached price in the Thanet local authority area.
Land registry data shows two sales for 253 MARGATE ROAD since 1st 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 253 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 |
|---|---|---|---|
2004 24 MAY | £157,950 | £222,496 | 29% below HPI |
1997 11 NOV | £60,000 | £83,418 | 28% below HPI |
253 MARGATE ROAD might now be worth an estimated £340,690.
This is based on house price inflation of 115.7%, between May 2004 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 115.7% inflationary increase is applied to the most recent sale price for 253 MARGATE ROAD of £157,950 on 24th May 2004. For the value to have increased from £157,950 to £340,690 over the 22 years to May 2026, the following assumptions must hold true:
253 MARGATE ROAD is located in RAMSGATE, in the CT12 postcode district.
Most recent sales first: