241, CLEMENTS ROAD, RAMSGATE, CT12 6UD - £141,000

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.

241 CLEMENTS ROAD is a small flat of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £122,066. It was last sold for £141,000 in October 2022, which was around 23% below the average October 2022 flat price in the Thanet local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

241 CLEMENTS ROAD Sold Prices

Land registry data shows two sales for 241 CLEMENTS 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 241 CLEMENTS 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
2022 21 OCT	£141,000	£182,363	23% below HPI
2017 15 SEP	£91,000	£143,188	36% below HPI

What might 241 CLEMENTS ROAD be worth now?

241 CLEMENTS ROAD might now be worth an estimated £122,066.

This is based on house price deflation of 13.4%, between October 2022 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 13.4% deflationary decrease is applied to the most recent sale price for 241 CLEMENTS ROAD of £141,000 on 21st October 2022. For the value to have decreased from £141,000 to £122,066 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 241 CLEMENTS ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The October 2022 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 241 CLEMENTS ROAD has not materially changed since October 2022.

How Large is 241 CLEMENTS ROAD?

241 CLEMENTS ROAD is 48m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of flats in Ramsgate, based on EPC data. 28% of flats are smaller than 241 CLEMENTS ROAD, and 69% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

241 CLEMENTS ROAD: Plot

241 CLEMENTS ROAD sits on a plot of roughly 3.6 acres, or 14,372m².

Where is 241 CLEMENTS ROAD?

241 CLEMENTS ROAD is located in RAMSGATE, in the CT12 postcode district.