FLAT 2, 70, TRINITY SQUARE, MARGATE, CT9 1HS - £148,000

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.

FLAT 2 70 TRINITY SQUARE is a flat, which could now be worth an estimated £131,759. It was last sold for £148,000 in August 2023, which was around 15% below the average August 2023 flat price in the Thanet local authority area.

FLAT 2 70 TRINITY SQUARE Sold Prices

Land registry data shows two sales for FLAT 2 70 TRINITY SQUARE 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 FLAT 2 70 TRINITY SQUARE 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
2023 11 AUG	£148,000	£173,953	15% below HPI
2020 14 JUL	£80,000	£145,975	45% below HPI

What might FLAT 2 70 TRINITY SQUARE be worth now?

FLAT 2 70 TRINITY SQUARE might now be worth an estimated £131,759.

This is based on house price deflation of 11%, between August 2023 and April 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 11% deflationary decrease is applied to the most recent sale price for FLAT 2 70 TRINITY SQUARE of £148,000 on 11th August 2023. For the value to have decreased from £148,000 to £131,759 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 70 TRINITY SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The August 2023 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 70 TRINITY SQUARE has not materially changed since August 2023.

Where is FLAT 2 70 TRINITY SQUARE?

FLAT 2, 70 TRINITY SQUARE is located in MARGATE, in the CT9 postcode district.