253, CLEMENTS ROAD, RAMSGATE, CT12 6UD - £40,000

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.

253 CLEMENTS ROAD is a small flat of 46m², built sometime between 1950 and 1966, which could now be worth an estimated £66,183. It was last sold for £40,000 in December 2011, which was around 58% below the average December 2011 flat price in the Thanet local authority area. The most recent EPC inspection was December 2010, where the current energy rating was B, and the potential energy rating was B.

253 CLEMENTS ROAD Sold Prices

Land registry data shows two sales for 253 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 253 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
2011 7 DEC	£40,000	£95,416	58% below HPI
2011 29 JUL	£45,000	£94,862	53% below HPI

What might 253 CLEMENTS ROAD be worth now?

253 CLEMENTS ROAD might now be worth an estimated £66,183.

This is based on house price inflation of 65.5%, between December 2011 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 65.5% inflationary increase is applied to the most recent sale price for 253 CLEMENTS ROAD of £40,000 on 7th December 2011. For the value to have increased from £40,000 to £66,183 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 253 CLEMENTS ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The December 2011 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 253 CLEMENTS ROAD has not materially changed since December 2011.

How Large is 253 CLEMENTS ROAD?

253 CLEMENTS ROAD is 46m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 30% of flats in Ramsgate, based on EPC data. 22% of flats are smaller than 253 CLEMENTS ROAD, and 76% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

253 CLEMENTS ROAD: Plot

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

Where is 253 CLEMENTS ROAD?

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