59, PRINCESS MARGARET AVENUE, MARGATE, CT9 3DZ - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

59 PRINCESS MARGARET AVENUE is a midsized detached house of 100m², built sometime between 1930 and 1949. It was last sold for £420,000 in May 2024, which was around 9% below the average May 2024 detached price in the Thanet local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

59 PRINCESS MARGARET AVENUE Sold Prices

Land registry data shows two sales for 59 PRINCESS MARGARET AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 59 PRINCESS MARGARET 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
2024 29 MAY	£420,000	£462,778	9% below HPI
2019 19 NOV	£305,000	£397,867	23% below HPI

59 PRINCESS MARGARET AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 59 PRINCESS MARGARET AVENUE sales from November 2019 and May 2024 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 November 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 59 PRINCESS MARGARET AVENUE?

59 PRINCESS MARGARET AVENUE is 100m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Margate, based on EPC data. The below chart shows the distribution of detached houses by size in Margate, and where 59 PRINCESS MARGARET AVENUE lies on this distribution: 46% of detached houses are smaller than 59 PRINCESS MARGARET AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Margate.

59 PRINCESS MARGARET AVENUE: Plot and Title Map

59 PRINCESS MARGARET AVENUE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 59 PRINCESS MARGARET 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 PRINCESS MARGARET 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 PRINCESS MARGARET AVENUE?

59 PRINCESS MARGARET AVENUE is located in MARGATE, in the CT9 postcode district. The below map shows the position of No. 59 on PRINCESS MARGARET AVENUE.