59, MARGRATEN AVENUE, CANVEY ISLAND, SS8 7JD - £166,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 MARGRATEN AVENUE is a very small extended detached house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £287,100. It was last sold for £166,000 in April 2014, which was around 38% below the average April 2014 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

59 MARGRATEN AVENUE Sold Prices

Land registry data shows five sales for 59 MARGRATEN AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. All of the five 59 MARGRATEN AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 4 APR	£166,000	£267,945	38% below HPI
2012 10 FEB	£160,000	£247,821	35% below HPI
2007 9 NOV	£178,000	£271,835	35% below HPI
2002 8 MAR	£97,000	£157,715	38% below HPI
1997 29 OCT	£51,500	£90,020	43% below HPI

59 MARGRATEN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The five 59 MARGRATEN AVENUE sales between October 1997 and April 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 59 MARGRATEN AVENUE be worth now?

59 MARGRATEN AVENUE might now be worth an estimated £287,100.

This is based on house price inflation of 73%, between April 2014 and February 2025, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73% inflationary increase is applied to the most recent sale price for 59 MARGRATEN AVENUE of £166,000 on 4th April 2014. For the value to have increased from £166,000 to £287,100 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 59 MARGRATEN AVENUE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The April 2014 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 59 MARGRATEN AVENUE has not materially changed since April 2014.

How Large is 59 MARGRATEN AVENUE?

59 MARGRATEN AVENUE is 49m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 59 MARGRATEN AVENUE lies on this distribution: 16% of detached houses houses are smaller than 59 MARGRATEN AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

59 MARGRATEN AVENUE: Plot and Title Map

59 MARGRATEN AVENUE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 59 MARGRATEN AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 59 MARGRATEN AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 59 MARGRATEN AVENUE?

59 MARGRATEN AVENUE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 59 on MARGRATEN AVENUE.