Average Price for property in Elmley Way, Margate, CT9 is around £206,677 which varies based on type of property you are interested in and ranges from £214,353 for detached house to around £203,028 for semi-detached. Values have been changing and have risen £167 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,116 in last 6 months, £15,223 in last 1 year, £26,785 in last 2 years, £31,703 in last 3 years, £22,218 in last 4 years and £27,152 in last 5 years.
Currently average asking price of a property in Elmley Way, 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 Elmley Way, Margate, CT9 is £206,677. Average asking price is £185,448 while average price paid is £181,916 which is up by £15,223 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 Elmley Way, Margate, CT9 area. In last 1 year alone average price buyer paid is around £181,916 based on approximately 6 sales in Elmley Way, Margate, CT9 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £172,350. 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 £166,421 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £166,587 per sale.