60A, NORTHDOWN ROAD, MARGATE, CT9 2RL - £51,500

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.

60A NORTHDOWN ROAD is a very small flat of 38m², built sometime before 1900, which could now be worth an estimated £70,326. It was last sold for £51,500 in November 2015, which was around 55% below the average November 2015 flat price in the Thanet local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

60A NORTHDOWN ROAD Sold Prices

Land registry data shows two sales for 60A NORTHDOWN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Both of the two 60A NORTHDOWN 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
2015 23 NOV	£51,500	£115,611	55% below HPI
2002 7 AUG	£35,000	£63,845	45% below HPI

What might 60A NORTHDOWN ROAD be worth now?

60A NORTHDOWN ROAD might now be worth an estimated £70,326.

This is based on house price inflation of 36.6%, between November 2015 and May 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.6% inflationary increase is applied to the most recent sale price for 60A NORTHDOWN ROAD of £51,500 on 23rd November 2015. For the value to have increased from £51,500 to £70,326 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 60A NORTHDOWN ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The November 2015 sale price of £51,500 represented a fair market value for the property.
• The size, condition, and specification of 60A NORTHDOWN ROAD has not materially changed since November 2015.

How Large is 60A NORTHDOWN ROAD?

60A NORTHDOWN ROAD is 38m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of flats in Margate, based on EPC data. 5% of flats are smaller than 60A NORTHDOWN ROAD, and 94% of flats are larger. Note that EPC data is not available for all properties in Margate.

60A NORTHDOWN ROAD: Plot

60A NORTHDOWN ROAD sits on a plot of roughly 0.016 of an acre, or 65m².

Where is 60A NORTHDOWN ROAD?

60A NORTHDOWN ROAD is located in MARGATE, in the CT9 postcode district.