Westgate-on-Sea

Area Guide For Westgate-on-Sea

Westgate-on-Sea is a shoreline town in north-east Kent, England, with a populace of 6,600. It is inside the Thanet neighborhood government locale and outskirts the bigger shoreline resort of Margate. Its two sandy shorelines have remained a well-known vacation destination since the town's improvement in the 1860s from a little cultivating group.The town is prominent for once being the area of a Royal Naval Air Service seaplane base at St Mildred's Bay, which protected the Thames Estuary waterfront towns amid World War I. The town is the subject of Sir John Betjeman's sonnet, Westgate-on-Sea. Occupants have incorporated the nineteenth century specialist Sir Erasmus Wilson and previous Archbishop of Canterbury William Temple.

 
 

Westgate-on-Sea Map

Estimated Price: £200,915
Average Asking Price: £236,775
Price change in last one year: £11,065
Average Price Paid: £166,748
Average Rent Rates: £511

 
 

Property Prices Breakdown in Westgate-on-Sea

Average Price for property in Westgate-on-Sea is around £200,915 which varies based on type of property you are interested in and ranges from £312,195 for detached house to around £214,663 for semi-detached. Similarly terraced house is around £190,778 and a flat is worth £160,321. Values have been changing and have risen £23 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,490 in last 6 months, £11,065 in last 1 year, £24,844 in last 2 years, £27,575 in last 3 years, £19,566 in last 4 years and £25,604 in last 5 years.

Currently average asking price of a property in Westgate-on-Sea is around £236,775 based on approximately 156 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £511 per month.

Estimated property value in Westgate-on-Sea is £200,915. Average asking price is £236,775 while average price paid is £183,712 which is up by £11,065 and Avg. asking rent £511.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 Westgate-on-Sea area. In last 1 year alone average price buyer paid is around £183,712 based on approximately 156 sales in Westgate-on-Sea area alone. If you compare it to last 3 years sales of 436 properties where buyers paid around £169,185. 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 £166,748 for 695 and average amount paid for purchase of approx. 927 properties sold in last 7 years comes to about £166,648 per sale.

 
 

Properties For Sale in Westgate-on-Sea

 
 

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 £116,250, £213,921 for a 2 bedroom house, £208,833 for a 3 bedroom house, £308,839 for a 4 bedroom house and £432,488 for a 5 bedroom house. For a flat similarly the prices varies from £107,783 for a single bedroom to £228,832 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £161,998 and £595,000 for a 4 bedroom flat. To sum up the asking prices for properties in Westgate-on-Sea it comes to around average £108,912 for 1 bedroom property, £225,465 for 2 bedroom, £195,823 for 3 bedroom, £334,854 for 4 bedroom and £432,488 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 is £750 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £420 rent per month for single bedroom property, £538 for 2 bedroom and approximately £750 for 3 bedroom property in Westgate-on-Sea area.

Popular Houses in Westgate-on-Sea

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.

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