FLAT 2, 40, CRESCENT ROAD, RAMSGATE, CT11 9QX - £137,000

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.

FLAT 2 40 CRESCENT ROAD is a very small extended flat of 43m², built sometime before 1900, which could now be worth an estimated £149,472. It was last sold for £137,000 in December 2019, which was around 5% below the average December 2019 flat price in the Thanet local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 40 CRESCENT ROAD Sold Prices

Land registry data shows five sales for FLAT 2 40 CRESCENT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. All of the five FLAT 2 40 CRESCENT 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
2019 19 DEC	£137,000	£144,701	5% below HPI
2017 23 OCT	£108,000	£143,131	25% below HPI
2015 12 JAN	£65,000	£108,739	40% below HPI
2014 9 APR	£39,995	£100,825	60% below HPI
2000 6 OCT	£21,950	£44,933	51% below HPI

What might FLAT 2 40 CRESCENT ROAD be worth now?

FLAT 2 40 CRESCENT ROAD might now be worth an estimated £149,472.

This is based on house price inflation of 9.1%, between December 2019 and May 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 9.1% inflationary increase is applied to the most recent sale price for FLAT 2 40 CRESCENT ROAD of £137,000 on 19th December 2019. For the value to have increased from £137,000 to £149,472 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 40 CRESCENT ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The December 2019 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 40 CRESCENT ROAD has not materially changed since December 2019.

How Large is FLAT 2 40 CRESCENT ROAD?

FLAT 2 40 CRESCENT ROAD is 43m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of flats in Ramsgate, based on EPC data. 17% of flats are smaller than FLAT 2 40 CRESCENT ROAD, and 82% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 2 40 CRESCENT ROAD: Plot

FLAT 2 40 CRESCENT ROAD sits on a plot of roughly 0.067 of an acre, or 271m².

Where is FLAT 2 40 CRESCENT ROAD?

FLAT 2, 40 CRESCENT ROAD is located in RAMSGATE, in the CT11 postcode district.