Westbrook Avenue, Margate, CT9

Street Guide For Westbrook Avenue, Margate, CT9

 
 

Westbrook Avenue, Margate, CT9 Map

Estimated Price: £298,751
Average Asking Price: £185,448
Price change in last one year: £20,678
Average Price Paid: £231,291
Average Rent Rates: £752

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

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Property Prices Breakdown in Westbrook Avenue, Margate, CT9

Average Price for property in Westbrook Avenue, Margate, CT9 is around £298,751 which varies based on type of property you are interested in and ranges from £351,449 for detached house to around £277,950 for semi-detached. Similarly terraced house is around £243,133 and a flat is worth £135,038. Values have been changing and have risen £228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,515 in last 6 months, £20,678 in last 1 year, £36,384 in last 2 years, £43,064 in last 3 years, £30,177 in last 4 years and £36,879 in last 5 years.

Currently average asking price of a property in Westbrook Avenue, Margate, CT9 is around £185,448 based on approximately 7 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 Westbrook Avenue, Margate, CT9 is £298,751. Average asking price is £185,448 while average price paid is £260,857 which is up by £20,678 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 Westbrook Avenue, Margate, CT9 area. In last 1 year alone average price buyer paid is around £260,857 based on approximately 7 sales in Westbrook Avenue, Margate, CT9 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £222,374. 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 £231,291 for 36 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £228,087 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £91,778, £154,025 for a 2 bedroom house, £197,441 for a 3 bedroom house, £263,772 for a 4 bedroom house and £318,211 for a 5 bedroom house. For a flat similarly the prices varies from £77,230 for a single bedroom to £115,765 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,135, £181,667 for a 4 bedroom flat and £122,500 for a 5 bedroom flat. To sum up the asking prices for properties in Westbrook Avenue, Margate, CT9 it comes to around average £80,181 for 1 bedroom property, £130,083 for 2 bedroom, £193,276 for 3 bedroom, £259,799 for 4 bedroom and £309,315 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £472 for 1 bedroom to £604 for 2 bedrooms, £678 for 3 bedrooms, £1,442 for 4 bedrooms and £1,625 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £436. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524, £566 for 3 bedroom and £598 for 4 bedroom. You should be generally be expecting around average £438 rent per month for single bedroom property, £535 for 2 bedroom, £614 for 3 bedroom, £1,273 for 4 bedroom and approximately £1,625 for a 5 bedroom property in Westbrook Avenue, Margate, CT9 area.

Popular Houses in Westbrook Avenue, Margate, CT9

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Westbrook Avenue, Margate, CT9