Average Price for property in Grotto Gardens, Margate, CT9 is around £138,527 which varies based on type of property you are interested in and ranges from £144,541 for semi-detached to around £138,098 for terraced house. Values have been changing and have risen £104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £697 in last 6 months, £9,489 in last 1 year, £16,696 in last 2 years, £19,763 in last 3 years, £13,858 in last 4 years and £16,934 in last 5 years.
Currently average asking price of a property in Grotto Gardens, Margate, CT9 is around £185,448 based on approximately 1 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 Grotto Gardens, Margate, CT9 is £138,527. Average asking price is £185,448 while average price paid is £111,000 which is up by £9,489 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 Grotto Gardens, Margate, CT9 area. In last 1 year alone average price buyer paid is around £111,000 based on approximately 1 sales in Grotto Gardens, Margate, CT9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £108,250. 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 £102,500 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £100,725 per sale.