409, MARGATE ROAD, RAMSGATE, CT12 6SE - £200,000

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.

409 MARGATE ROAD is a very small semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £257,340. It was last sold for £200,000 in September 2017, which was around 21% below the average September 2017 semi-detached price in the Thanet local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

409 MARGATE ROAD Sold Prices

Land registry data shows one sale for 409 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
2017 29 SEP	£200,000	£253,915	21% below HPI

What might 409 MARGATE ROAD be worth now?

409 MARGATE ROAD might now be worth an estimated £257,340.

This is based on house price inflation of 28.7%, between September 2017 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 28.7% inflationary increase is applied to the most recent sale price for 409 MARGATE ROAD of £200,000 on 29th September 2017. For the value to have increased from £200,000 to £257,340 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 409 MARGATE ROAD has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The September 2017 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 409 MARGATE ROAD has not materially changed since September 2017.

How Large is 409 MARGATE ROAD?

409 MARGATE ROAD is 48m² according to the EPC inspection conducted in January 2017. 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 409 MARGATE ROAD lies on this distribution: 2% of semi-detached houses are smaller than 409 MARGATE ROAD, and 98% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ramsgate.

409 MARGATE ROAD: Plot

409 MARGATE ROAD sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 409 MARGATE ROAD?

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