Cornwall Gardens, Cliftonville, Margate, CT9

Street Guide For Cornwall Gardens, Cliftonville, Margate, CT9

 
 

Cornwall Gardens, Cliftonville, Margate, CT9 Map

Estimated Price: £250,118
Average Asking Price: £185,448
Price change in last one year: £17,704
Average Price Paid: £235,200
Average Rent Rates: £752

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

Free House valuation

 

Property Prices Breakdown in Cornwall Gardens, Cliftonville, Margate, CT9

Average Price for property in Cornwall Gardens, Cliftonville, Margate, CT9 is around £250,118 which varies based on type of property you are interested in and ranges from £371,014 for detached house to around £296,378 for semi-detached. Similarly terraced house is around £280,339 and a flat is worth £142,649. Values have been changing and have risen £194 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,299 in last 6 months, £17,704 in last 1 year, £31,152 in last 2 years, £36,871 in last 3 years, £25,841 in last 4 years and £31,577 in last 5 years.

Currently average asking price of a property in Cornwall Gardens, Cliftonville, Margate, CT9 is around £185,448 based on approximately 6 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 Cornwall Gardens, Cliftonville, Margate, CT9 is £250,118. Average asking price is £185,448 while average price paid is £295,666 which is up by £17,704 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 Cornwall Gardens, Cliftonville, Margate, CT9 area. In last 1 year alone average price buyer paid is around £295,666 based on approximately 6 sales in Cornwall Gardens, Cliftonville, Margate, CT9 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £254,833. 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 £235,200 for 15 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £213,565 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £91,778, £152,926 for a 2 bedroom house, £198,680 for a 3 bedroom house, £263,772 for a 4 bedroom house and £318,211 for a 5 bedroom house. For a flat similarly the prices varies from £77,230 for a single bedroom to £115,765 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,135, £181,667 for a 4 bedroom flat and £122,500 for a 5 bedroom flat. To sum up the asking prices for properties in Cornwall Gardens, Cliftonville, Margate, CT9 it comes to around average £80,181 for 1 bedroom property, £129,528 for 2 bedroom, £194,245 for 3 bedroom, £259,799 for 4 bedroom and £309,315 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £472 for 1 bedroom to £604 for 2 bedrooms, £678 for 3 bedrooms, £1,442 for 4 bedrooms and £1,625 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £435. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £526 and £566 for 3 bedroom. You should be generally be expecting around average £437 rent per month for single bedroom property, £537 for 2 bedroom, £614 for 3 bedroom, £1,442 for 4 bedroom and approximately £1,625 for a 5 bedroom property in Cornwall Gardens, Cliftonville, Margate, CT9 area.

Popular Houses in Cornwall Gardens, Cliftonville, Margate, CT9

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cornwall Gardens, Cliftonville, Margate, CT9