259, MARGATE ROAD, RAMSGATE, CT12 6TA - £265,000

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.

259 MARGATE ROAD is a midsized detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £310,500. It was last sold for £265,000 in October 2018, which was around 35% below the average October 2018 detached price in the Thanet local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

259 MARGATE ROAD Sold Prices

Land registry data shows one sale for 259 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2018 12 OCT	£265,000	£409,587	35% below HPI

What might 259 MARGATE ROAD be worth now?

259 MARGATE ROAD might now be worth an estimated £310,500.

This is based on house price inflation of 17.2%, between October 2018 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 17.2% inflationary increase is applied to the most recent sale price for 259 MARGATE ROAD of £265,000 on 12th October 2018. For the value to have increased from £265,000 to £310,500 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 259 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 259 MARGATE ROAD has not materially changed since October 2018.

How Large is 259 MARGATE ROAD?

259 MARGATE ROAD is 101m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsgate, and where 259 MARGATE ROAD lies on this distribution: 49% of detached houses are smaller than 259 MARGATE ROAD, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

259 MARGATE ROAD: Plot

259 MARGATE ROAD sits on a plot of roughly 0.098 of an acre, or 397m².

Where is 259 MARGATE ROAD?

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