Average Price for property in Cedar Close, Margate, CT9 is around £148,126 e.g. average price for terraced house is around 148,126. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £760 in last 6 months, £10,353 in last 1 year, £18,216 in last 2 years, £21,560 in last 3 years, £15,114 in last 4 years and £18,470 in last 5 years.
Currently average asking price of a property in Cedar Close, Margate, CT9 is around £185,448 based on approximately 4 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 Cedar Close, Margate, CT9 is £148,126. Average asking price is £185,448 while average price paid is £119,000 which is up by £10,353 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 Cedar Close, Margate, CT9 area. In last 1 year alone average price buyer paid is around £119,000 based on approximately 4 sales in Cedar Close, Margate, CT9 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £117,156. 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 £116,399 for 18 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £115,659 per sale.