Average Price for property in Margate Road, Herne Bay, CT6 is around £275,775 which varies based on type of property you are interested in and ranges from £340,650 for detached house to around £228,084 for semi-detached. Similarly terraced house is around £222,884. Values have been changing and have risen £658 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,479 in last 6 months, £15,700 in last 1 year, £33,405 in last 2 years, £38,518 in last 3 years, £28,775 in last 4 years and £32,408 in last 5 years.
Currently average asking price of a property in Margate Road, Herne Bay, CT6 is around £273,248 based on approximately 2 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Margate Road, Herne Bay, CT6 is £275,775. Average asking price is £273,248 while average price paid is £166,250 which is up by £15,700 and Avg. asking rent £980.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 Margate Road, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £166,250 based on approximately 2 sales in Margate Road, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £205,350. 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 £193,657 for 19 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £195,462 per sale.