2, ROYAL ROAD, RAMSGATE, CT11 9LE - £155,000

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.

2 ROYAL ROAD is a very large extended flat of 504m², built sometime before 1900, which could now be worth an estimated £176,451. It was last sold for £155,000 in February 2017, which was around 14% above the average February 2017 flat price in the Thanet local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 ROYAL ROAD Sold Prices

Land registry data shows four sales for 2 ROYAL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Most of the four 2 ROYAL ROAD sales were for above 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
2017 2 FEB	£155,000	£136,037	14% above HPI
2007 7 AUG	£145,000	£117,844	23% above HPI
2004 5 MAR	£85,000	£89,147	5% below HPI
1999 7 OCT	£36,950	£36,729	1% above HPI

What might 2 ROYAL ROAD be worth now?

2 ROYAL ROAD might now be worth an estimated £176,451.

This is based on house price inflation of 13.8%, between February 2017 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 13.8% inflationary increase is applied to the most recent sale price for 2 ROYAL ROAD of £155,000 on 2nd February 2017. For the value to have increased from £155,000 to £176,451 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 ROYAL ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The February 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROYAL ROAD has not materially changed since February 2017.

How Large is 2 ROYAL ROAD?

2 ROYAL ROAD is 504m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of flats in Ramsgate, based on EPC data. More than 99% of flats are smaller than 2 ROYAL ROAD, and less than 1% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

2 ROYAL ROAD: Plot

2 ROYAL ROAD sits on a plot of roughly 0.026 of an acre, or 104m².

Where is 2 ROYAL ROAD?

2 ROYAL ROAD is located in RAMSGATE, in the CT11 postcode district.