Average Price for property in Marine Drive, Margate, CT9 is around £148,903 which varies based on type of property you are interested in and ranges from £301,143 for detached house to around £110,843 for a flat. Values have been changing and have risen £117 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £783 in last 6 months, £10,666 in last 1 year, £18,768 in last 2 years, £22,217 in last 3 years, £15,576 in last 4 years and £19,034 in last 5 years.
Currently average asking price of a property in Marine Drive, 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 Marine Drive, Margate, CT9 is £148,903. Average asking price is £185,448 while average price paid is £118,000 which is up by £10,666 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 Marine Drive, Margate, CT9 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 1 sales in Marine Drive, Margate, CT9 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £118,000. 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 £135,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £123,900 per sale.