House prices in CT9 2 (Cliftonville)

This article reveals price per square metre data and various charts to help you understand current housing market in Cliftonville, Margate (CT9 2).


Defining 'CT9 2'

This analysis is limited to properties whose postcode starts with "CT9 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Cliftonville.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Cliftonville is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 12 Julian Court, 1 - 3, Edgar Road, Cliftonville, Margate, sold for £172,000 on Apr-2024. Given the internal area of 64 square metres, the price per sqm is £2,687.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 288 sales in Cliftonville (CT9 2) that took place in the last two years.

Distribution of £ per sqm for Cliftonville, Margate
Distribution of £ per sqm house prices in Cliftonville

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Cliftonville (CT9 2). Of the 288 transactions, half were sold for between £2,220 and £3,480 per square metre. The median, or 'middle', price per square metre in 'CT9 2' is £2,990. Notably, only 25% of properties that sold recently were valued at more than £3,480 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Cliftonville, Margate

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Margate. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Cliftonville
House price heatmap for Cliftonville, Margate

Comparison with neighbouring postcode sectors

The table below shows how 'CT9 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT9 1 Margate £2,310 sqm £3,000 sqm £3,580 sqm
CT9 2 Cliftonville £2,220 sqm £2,990 sqm £3,480 sqm
CT9 5 Margate £2,990 sqm £3,570 sqm £4,020 sqm
CT9 4 Margate £2,990 sqm £3,440 sqm £4,070 sqm
CT9 3 Cliftonville £3,050 sqm £3,790 sqm £4,550 sqm

Will Margate house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CT9 2 (Cliftonville) compared with both the wider area CT9 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Cliftonville,Margate
House price trends for Cliftonville

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CT9 2 sales
Recent trends for Cliftonville

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Margate to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Margate and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Harold Road, Cliftonville, CT9 2H 63 sqm £2,099 44
Harold Road, Cliftonville, CT9 2J 59 sqm £1,298 37
Norfolk Road, Cliftonville, CT9 2H 113 sqm £2,536 30
Edgar Road, Cliftonville, CT9 2E 68 sqm £2,686 28
Gordon Road, Cliftonville, CT9 2D 67 sqm £2,561 27
Athelstan Road, Cliftonville, CT9 2B 62 sqm £2,270 21
Eastern Esplanade, Cliftonville, CT9 2J 72 sqm £2,817 21
Sweyn Road, Cliftonville, CT9 2D 102 sqm £2,596 20

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Gap Road, Cliftonville, CT9 2R 106 sqm £3,101 14

Gap Road, Cliftonville, CT9 2R has seen 14 new build sales in the last 4 years (average price £326,249). These new build homes typically have an internal area of 106 sqm, with an average price of £3,101 sqm. This £sqm average is £111 above the average for CT9 2. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Cliftonville is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Flat 12 Julian Court, 1 - 3, Edgar Rd, Cliftonville, Margate £172,000
Apr-2024
64 2,687
19, Laureate Close, Cliftonville, Margate £228,000
Mar-2024
77 2,961
51a, Victoria Avenue, Cliftonville, Margate £265,000
Mar-2024
82 3,231

See the entire list of all sales in Cliftonville (CT9 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.