Average Price for property in Richmond Avenue, Margate, CT9 is around £191,698 which varies based on type of property you are interested in and ranges from £281,381 for detached house to around £221,827 for semi-detached. Similarly terraced house is around £208,376 and a flat is worth £135,501. Values have been changing and have risen £155 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,035 in last 6 months, £14,106 in last 1 year, £24,822 in last 2 years, £29,380 in last 3 years, £20,592 in last 4 years and £25,163 in last 5 years.
Currently average asking price of a property in Richmond Avenue, 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 Richmond Avenue, Margate, CT9 is £191,698. Average asking price is £185,448 while average price paid is £280,976 which is up by £14,106 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 Richmond Avenue, Margate, CT9 area. In last 1 year alone average price buyer paid is around £280,976 based on approximately 1 sales in Richmond Avenue, Margate, CT9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £237,113. 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 £237,113 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £237,113 per sale.