Have you tried the New Mouseprice Pro yet? Start your 7 day free trial today
More info
Remind me later

Area guide

Margate, CT9


Overview

On this page you will find in-depth information and analytics about the CT9 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about Margate, CT9.

CT9 is a relatively popular area with 604 transactions recorded in the past 12 months, which is 265.7% higher than the national average of 165. This is also 3.8% higher than the year prior which had 582 transactions.

Margate, CT9 current market prices

The price growth in Margate is higher than the national average, with the 2 year growth at 1.9 times the national average. Compared to other areas, CT9 is a relatively inexpensive area, with an average price -25.7% lower than the national average. The average house price in Margate, CT9 is £267,829 and the average rent is £916.

CT9 Current Averages

Market characteristic CT9 district National CT9 against national
Average price £267,829 £360,458 -25.7%
Average rent £778 £916 -15.1%
Sales per month 51 14 (52,465 Total) +264.3%

CT9 Growth trends

Growth rate CT9 district National
2yr house growth 18.6% 9.6%
2yr CAGR 8.9% 4.7%
Last 12 months house price growth -8.2% 1.7%

CT9 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £267,829 £291,644 £225,763 £328,866 View houses for sale in CT9
Flats £166,238 £143,539 £134,016 £190,000 View flats for sale in CT9
Detached £415,000 £380,466 £382,571 £565,000 View detached for sale in CT9
Semi-detached £280,000 £301,748 £270,789 £280,000 View semi-detached for sale in CT9
Terraced £287,800 £231,375 £224,438 £459,999 View terraced for sale in CT9
Bungalows N/A N/A N/A £425,000 View bungalows for sale in CT9

CT9 Average Rent by property type

Type Historical Average Price
All properties to rent £999 View houses for rent in CT9
Flats for rent £838 View flats for rent in CT9
Detached for rent N/A View detached for rent in CT9
Semi-detached for rent £1,100 View semi-detached for rent in CT9
Terraced for rent £1,950 View terraced for rent in CT9
Bungalows for rent N/A View bungalows for rent in CT9

Margate, CT9 Housing Stock

Margate, CT9 has a total of 23,283 properties, of which 15 are currently for sale and 7 are for rent. Excluding flats, the most common property type in CT9 is terraced with a total of 7,811 houses.

All properties in area

Type Quantity Percentage
Total properties in area 23,283 -
Total flats in area 6,486 27.9%
Total detached in area 3,408 14.6%
Total semi-detached in area 5,299 22.8%
Total terraced in area 7,811 33.5%
Total other in area 279 1.2%

All properties for sale

Type Quantity Percentage
Total properties for sale 15 - View houses for sale in CT9
Total flats for sale 1 6.7% View flats for sale in CT9
Detached for sale 1 6.7% View detached for sale in CT9
Semi-detached for sale 1 6.7% View semi-detached for sale in CT9
Terraced for sale 6 40% View terraced for sale in CT9
Bungalows for sale 1 6.7% View bungalows for sale in CT9
Other properties for sale 5 33.3%

All properties for rent

Type Quantity
Total properties to rent 7 View houses for rent in CT9
Total flats for rent 2 View flats for rent in CT9
Detached for rent 0 View detached for rent in CT9
Semi-detached for rent 1 View semi-detached for rent in CT9
Terraced for rent 1 View terraced for rent in CT9
Bungalows for rent 0 View bungalows for rent in CT9
Other properties for rent 3

Most and least expensive streets in Margate, CT9

Margate, CT9 has a total of 493 streets. The most expensive street in CT9 is St. Peters Road, with an average sale price of £2,764,415. The least expensive street in CT9 is Percy Road, with an average sale price of £44,000.



Frequently asked questions

What is the rental price in Margate?

The current average rental price in Margate is £790 per month. Mouseprice is currently listing 7 properties to rent in Margate.

Towns near Margate

Towns near Margate - Westgate-on-sea, Broadstairs, Ramsgate, Birchington, Sandwich, Deal, Herne bay, Dover, Canterbury

What schools are there in Margate?

Nearby schools in Margate include Margate Holy Trinity and St John's Church of England Primary School, Parkview Academy, Lighthouse School, Drapers Mills Primary Academy, Salmestone Primary School

What stations are there in Margate?

Nearby stations in Margate include Margate Station, Westgate-on-Sea Station, Broadstairs Station, Ramsgate Station, Dumpton Park Station.


Notes

The data above illustrates the relative proportions different types of property in the CT9 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all CT9 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.