53, RAMSGATE ROAD, MARGATE, CT9 5RT - £37,500

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.

53 RAMSGATE ROAD is a flat, which could now be worth an estimated £92,273. It was last sold for £37,500 in July 2002, which was around 40% below the average July 2002 flat price in the Thanet local authority area.

53 RAMSGATE ROAD Sold Prices

Land registry data shows two sales for 53 RAMSGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Both of the two 53 RAMSGATE ROAD 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
2002 29 JUL	£37,500	£62,937	40% below HPI
1997 5 SEP	£25,000	£30,075	17% below HPI

What might 53 RAMSGATE ROAD be worth now?

53 RAMSGATE ROAD might now be worth an estimated £92,273.

This is based on house price inflation of 146.1%, between July 2002 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 146.1% inflationary increase is applied to the most recent sale price for 53 RAMSGATE ROAD of £37,500 on 29th July 2002. For the value to have increased from £37,500 to £92,273 over the 24 years and three months to April 2026, the following assumptions must hold true:

• The value of 53 RAMSGATE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The July 2002 sale price of £37,500 represented a fair market value for the property.
• The size, condition, and specification of 53 RAMSGATE ROAD has not materially changed since July 2002.

Where is 53 RAMSGATE ROAD?

53 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district.