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Margate House Prices

The average house price in Margate is £316,085 using HM Land Registry data.

The average property price increased by £45,555 (16.34%) over the last 5 years and increased by £9,105 (2.89%) over the last 12 months.

Over the last year, there were 676 residential property sales – a decrease of 92 transactions (-13.61%) relative to the previous year. The majority of house sales (172) were in the £270,000 - £340,000 range. Then came properties in the £200,000 - £270,000 range, where 124 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,215 (-3%).

In May 2025, there were 305 new estate agency instructions, 126 agreed home sales and 162 property price reductions.

5-Year Average Property Prices in Margate

16.34%

Property prices in Margate increased by 16.34% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Margate Over the Last Year

2.89%

Property prices in Margate increased by 2.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Margate - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Margate

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Margate

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Margate

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Margate since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Margate area since 1995.

Recent Property Sales in Margate

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
28 Caxton Road, Margate, Kent, CT9 5NP	£300,000	£287,000	-£13,000	14 Jul 2024	21 Feb 2025	222 Days
10 Turnden Gardens, Cliftonville, Margate, Kent, CT9 3HB	£350,000	£335,000	-£15,000	09 Oct 2024	20 Feb 2025	134 Days
35 Fitzroy Avenue, Margate, Kent, CT9 2TY	£240,000	£237,500	-£2,500	11 Nov 2024	20 Feb 2025	101 Days
32 Epple Bay Road, Birchington, Kent, CT7 9EN	£489,995	£244,997	-£244,998	27 Jan 2024	19 Feb 2025	389 Days
Flat 8, Dresden Court, Cuthbert Road, Westgate-on-sea, Kent, CT8 8PG	£165,000	£162,500	-£2,500	25 Oct 2024	14 Feb 2025	112 Days
Flat 4, Lyngate Court, Princess Margaret Avenue, Margate, Kent, CT9 3EH	£210,000	£210,000	£0	09 Jul 2024	07 Feb 2025	213 Days
Addington Villa, Addington Road, Margate, Kent, CT9 1NH	£350,000	£350,000	£0	23 Oct 2024	06 Feb 2025	106 Days
26 Orchard Gardens, Westbrook, Margate, Kent, CT9 5JT	£425,000	£425,000	£0	02 Oct 2024	06 Feb 2025	127 Days
Flat 16, Palm Court, Rowena Road, Westgate-on-sea, Kent, CT8 8QZ	£125,000	£120,000	-£5,000	27 Jun 2024	06 Feb 2025	224 Days
18 Redhill Road, Westgate-on-sea, Kent, CT8 8ND	£250,000	£235,000	-£15,000	04 Jun 2024	05 Feb 2025	246 Days
19 St Davids Close, Birchington, Kent, CT7 9BG	£425,000	£410,000	-£15,000	24 Jul 2024	03 Feb 2025	194 Days
19 Manston Road, Margate, Kent, CT9 4LZ	£270,000	£270,000	£0	09 Oct 2024	31 Jan 2025	114 Days
25 Dunstan Avenue, Westgate-on-sea, Kent, CT8 8HT	£275,000	£273,000	-£2,000	23 Oct 2024	31 Jan 2025	100 Days
Flat 8, Lyngate Court, Princess Margaret Avenue, Margate, Kent, CT9 3EH	£235,000	£235,000	£0	23 May 2024	30 Jan 2025	252 Days
440 Northdown Road, Margate, Kent, CT9 3LD	£425,000	£410,000	-£15,000	25 Sep 2024	28 Jan 2025	125 Days
68 Queen Berthas Avenue, Birchington, Kent, CT7 9BJ	£360,000	£340,000	-£20,000	08 Aug 2024	27 Jan 2025	172 Days
32 Kent Gardens, Birchington, Kent, CT7 9RX	£395,000	£375,000	-£20,000	15 Oct 2024	24 Jan 2025	101 Days
12 Crescent Road, Birchington, Kent, CT7 9DP	£295,000	£295,000	£0	07 Oct 2024	24 Jan 2025	109 Days
9 Wellesley Road, Westgate-on-sea, Kent, CT8 8DR	£280,000	£275,000	-£5,000	12 Sep 2024	17 Jan 2025	127 Days
48 Knockholt Road, Cliftonville, Margate, Kent, CT9 3HL	£325,000	£310,000	-£15,000	17 Jul 2024	10 Jan 2025	177 Days

Most Expensive Streets in Margate

Postcode	Street	Area	Average	No. of Sales
CT7 9LS	Cliff Road	Birchington	£905,000	4
CT9 5ET	Royal Esplanade	Margate	£885,000	3
CT7 9PS	Daryngton Avenue	Birchington	£756,875	4
CT7 9QN	Queens Avenue	Birchington	£740,000	4
CT7 9QL	Kings Avenue	Birchington	£732,333	3
CT7 9QP	Hengist Road	Birchington	£711,666	3
CT9 5EG	Royal Esplanade	Margate	£698,559	3
CT7 9NA	Harold Road	Birchington	£691,000	7
CT9 3AD	Devonshire Gardens	Margate	£654,000	5
CT9 5EA	Pembroke Avenue	Margate	£635,000	4

Least Expensive Streets in Margate

Postcode	Street	Area	Average	No. of Sales
CT9 1JF	Homefern House	Cobbs Place	£60,437	8
CT9 1JE	Homefern House	Cobbs Place	£64,333	9
CT9 2JX	Darwin Court	Harold Road	£78,526	40
CT7 9EL	Hunting Gate	Birchington	£82,000	15
CT9 1XP	Arlington House	All Saints Avenue	£85,000	5
CT9 1XR	Arlington House	All Saints Avenue	£86,712	8
CT9 2HN	Dickens Court	Harold Road	£92,493	24
CT9 2QY	Northdown Road	Margate	£96,000	3
CT8 8BE	Read Court	The Grove	£100,999	12
CT9 1TW	Homestead Close	Margate	£101,062	4