7, STEPHENS CLOSE, MARGATE, CT9 5LZ - £93,000

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.

7 STEPHENS CLOSE is a semi-detached house, which could now be worth an estimated £353,132. It was last sold for £93,000 in September 2001, which was around 8% above the average September 2001 semi-detached price in the Thanet local authority area.

7 STEPHENS CLOSE Sold Prices

Land registry data shows two sales for 7 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thanet local authority area for the corresponding sale date. Both of the two 7 STEPHENS CLOSE sales were for above 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
2001 28 SEP	£93,000	£86,042	8% above HPI
1997 4 JUL	£58,300	£49,120	19% above HPI

What might 7 STEPHENS CLOSE be worth now?

7 STEPHENS CLOSE might now be worth an estimated £353,132.

This is based on house price inflation of 279.7%, between September 2001 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 279.7% inflationary increase is applied to the most recent sale price for 7 STEPHENS CLOSE of £93,000 on 28th September 2001. For the value to have increased from £93,000 to £353,132 over the 25 years and four months to May 2026, the following assumptions must hold true:

• The value of 7 STEPHENS CLOSE has moved in line with the HPI for semi-detached houses in the Thanet local authority area.
• The September 2001 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STEPHENS CLOSE has not materially changed since September 2001.

Where is 7 STEPHENS CLOSE?

7 STEPHENS CLOSE is located in MARGATE, in the CT9 postcode district.