Average Price for property in Salmestone Rise, Margate, CT9 is around £153,072 which varies based on type of property you are interested in and ranges from £164,561 for semi-detached to around £149,243 for terraced house. Values have been changing and have risen £119 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £792 in last 6 months, £10,808 in last 1 year, £19,018 in last 2 years, £22,512 in last 3 years, £15,781 in last 4 years and £19,284 in last 5 years.
Currently average asking price of a property in Salmestone Rise, 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 Salmestone Rise, Margate, CT9 is £153,072. Average asking price is £185,448 while average price paid is £129,000 which is up by £10,808 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 Salmestone Rise, Margate, CT9 area. In last 1 year alone average price buyer paid is around £129,000 based on approximately 1 sales in Salmestone Rise, Margate, CT9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £134,500. 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 £134,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £134,500 per sale.