293, MARGATE ROAD, RAMSGATE, CT12 6TE - £225,000

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.

293 MARGATE ROAD is a detached house, which could now be worth an estimated £446,312. It was last sold for £225,000 in December 2005, which was around 7% below the average December 2005 detached price in the Thanet local authority area.

293 MARGATE ROAD Sold Prices

Land registry data shows two sales for 293 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 293 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
2005 20 DEC	£225,000	£241,939	7% below HPI
2003 27 OCT	£162,000	£209,711	23% below HPI

What might 293 MARGATE ROAD be worth now?

293 MARGATE ROAD might now be worth an estimated £446,312.

This is based on house price inflation of 98.4%, between December 2005 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 98.4% inflationary increase is applied to the most recent sale price for 293 MARGATE ROAD of £225,000 on 20th December 2005. For the value to have increased from £225,000 to £446,312 over the 21 years and seven months to May 2026, the following assumptions must hold true:

• The value of 293 MARGATE ROAD has moved in line with the HPI for detached houses in the Thanet local authority area.
• The December 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 293 MARGATE ROAD has not materially changed since December 2005.

Where is 293 MARGATE ROAD?

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