Average Price for property in Northdown Way, Margate, CT9 is around £311,957 e.g. average price for detached house is around 311,957. Values have been changing and have risen £242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,615 in last 6 months, £22,024 in last 1 year, £38,750 in last 2 years, £45,863 in last 3 years, £32,139 in last 4 years and £39,275 in last 5 years.
Currently average asking price of a property in Northdown Way, Margate, CT9 is around £185,448 based on approximately 5 properties for sale. Same is the case with rental options based on 157 properties up for rent, average asking rent is around £752 per month.
Estimated property value in Northdown Way, Margate, CT9 is £311,957. Average asking price is £185,448 while average price paid is £285,800 which is up by £22,024 and Avg. asking rent £752.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Northdown Way, Margate, CT9 area. In last 1 year alone average price buyer paid is around £285,800 based on approximately 5 sales in Northdown Way, Margate, CT9 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £267,666. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £256,000 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £254,321 per sale.