27 - 28, SPENCER SQUARE, RAMSGATE, CT11 9LA - £275,000

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.

27 - 28 SPENCER SQUARE is a terraced house, which could now be worth an estimated £543,827. It was last sold for £275,000 in October 2005, which was around 111% above the average October 2005 terraced price in the Thanet local authority area.

27 - 28 SPENCER SQUARE Sold Prices

Land registry data shows two sales for 27 - 28 SPENCER SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thanet local authority area for the corresponding sale date. Both of the two 27 - 28 SPENCER SQUARE 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
2005 28 OCT	£275,000	£130,616	111% above HPI
2003 19 DEC	£217,000	£104,365	108% above HPI

What might 27 - 28 SPENCER SQUARE be worth now?

27 - 28 SPENCER SQUARE might now be worth an estimated £543,827.

This is based on house price inflation of 97.8%, between October 2005 and May 2026, for terraced houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.8% inflationary increase is applied to the most recent sale price for 27 - 28 SPENCER SQUARE of £275,000 on 28th October 2005. For the value to have increased from £275,000 to £543,827 over the 21 years and five months to May 2026, the following assumptions must hold true:

• The value of 27 - 28 SPENCER SQUARE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The October 2005 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 27 - 28 SPENCER SQUARE has not materially changed since October 2005.

Where is 27 - 28 SPENCER SQUARE?

27 - 28 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.