Average Price for property in Wellesley Road, Margate, CT9 is around £200,506 which varies based on type of property you are interested in and ranges from £245,353 for detached house to around £199,038 for semi-detached. Similarly terraced house is around £182,086. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,073 in last 6 months, £14,610 in last 1 year, £25,706 in last 2 years, £30,426 in last 3 years, £21,327 in last 4 years and £26,061 in last 5 years.
Currently average asking price of a property in Wellesley Road, Margate, CT9 is around £185,448 based on approximately 3 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 Wellesley Road, Margate, CT9 is £200,506. Average asking price is £185,448 while average price paid is £159,166 which is up by £14,610 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 Wellesley Road, Margate, CT9 area. In last 1 year alone average price buyer paid is around £159,166 based on approximately 3 sales in Wellesley Road, Margate, CT9 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £164,299. 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 £162,686 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £160,849 per sale.