348, MARGATE ROAD, RAMSGATE, CT12 6SH - £206,000

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.

348 MARGATE ROAD is a very small semi-detached house of 53m², built sometime between 1930 and 1949, which could now be worth an estimated £225,521. It was last sold for £206,000 in March 2021, which was around 31% below the average March 2021 semi-detached price in the Thanet local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

348 MARGATE ROAD Sold Prices

Land registry data shows one sale for 348 MARGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 2 MAR	£206,000	£298,432	31% below HPI

What might 348 MARGATE ROAD be worth now?

348 MARGATE ROAD might now be worth an estimated £225,521.

This is based on house price inflation of 9.5%, between March 2021 and May 2026, for semi-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 9.5% inflationary increase is applied to the most recent sale price for 348 MARGATE ROAD of £206,000 on 2nd March 2021. For the value to have increased from £206,000 to £225,521 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 348 MARGATE ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The March 2021 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 348 MARGATE ROAD has not materially changed since March 2021.

How Large is 348 MARGATE ROAD?

348 MARGATE ROAD is 53m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of semi-detached houses in Ramsgate, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Ramsgate, and where 348 MARGATE ROAD lies on this distribution: 4% of semi-detached houses are smaller than 348 MARGATE ROAD, and 95% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

348 MARGATE ROAD: Plot

348 MARGATE ROAD sits on a plot of roughly 0.081 of an acre, or 327m².

Where is 348 MARGATE ROAD?

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