41, SPENCER SQUARE, RAMSGATE, CT11 9LD - £334,975

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.

41 SPENCER SQUARE is a very large flat of 233m², built in 2023, which could now be worth an estimated £311,601. It was last sold for £334,975 in November 2021, which was around 101% above the average November 2021 flat price in the Thanet local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

41 SPENCER SQUARE Sold Prices

Land registry data shows one sale for 41 SPENCER SQUARE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 NOV	£334,975	£166,481	101% above HPI

What might 41 SPENCER SQUARE be worth now?

41 SPENCER SQUARE might now be worth an estimated £311,601.

This is based on house price deflation of 7%, between November 2021 and April 2026, for flats, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% deflationary decrease is applied to the most recent sale price for 41 SPENCER SQUARE of £334,975 on 25th November 2021. For the value to have decreased from £334,975 to £311,601 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 41 SPENCER SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The November 2021 sale price of £334,975 represented a fair market value for the property.
• The size, condition, and specification of 41 SPENCER SQUARE has not materially changed since November 2021.

How Large is 41 SPENCER SQUARE?

41 SPENCER SQUARE is 233m² according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of flats in Ramsgate, based on EPC data. More than 99% of flats are smaller than 41 SPENCER SQUARE, and less than 1% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

41 SPENCER SQUARE: Plot

41 SPENCER SQUARE sits on a plot of roughly 0.027 of an acre, or 111m².

Where is 41 SPENCER SQUARE?

41 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.