5A, ROYAL CRESCENT, RAMSGATE, CT11 9PD - £175,000

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.

5A ROYAL CRESCENT is a small flat of 50m², built sometime before 1900, which could now be worth an estimated £148,537. It was last sold for £175,000 in June 2022, which was around 4% below the average June 2022 flat price in the Thanet local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

5A ROYAL CRESCENT Sold Prices

Land registry data shows two sales for 5A ROYAL CRESCENT 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 5A ROYAL CRESCENT 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
2022 10 JUN	£175,000	£182,454	4% below HPI
1997 9 APR	£23,500	£29,431	20% below HPI

What might 5A ROYAL CRESCENT be worth now?

5A ROYAL CRESCENT might now be worth an estimated £148,537.

This is based on house price deflation of 15.1%, between June 2022 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 15.1% deflationary decrease is applied to the most recent sale price for 5A ROYAL CRESCENT of £175,000 on 10th June 2022. For the value to have decreased from £175,000 to £148,537 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 5A ROYAL CRESCENT has moved in line with the HPI for flats in the Thanet local authority area.
• The June 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5A ROYAL CRESCENT has not materially changed since June 2022.

How Large is 5A ROYAL CRESCENT?

5A ROYAL CRESCENT is 50m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of flats in Ramsgate, based on EPC data. 33% of flats are smaller than 5A ROYAL CRESCENT, and 65% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

5A ROYAL CRESCENT: Plot

5A ROYAL CRESCENT sits on a plot of roughly 2.8 acres, or 11,330m².

Where is 5A ROYAL CRESCENT?

5A ROYAL CRESCENT is located in RAMSGATE, in the CT11 postcode district.