27, SPENCER SQUARE, RAMSGATE, CT11 9LA - £360,000

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 SPENCER SQUARE is a terraced house, which could now be worth an estimated £581,484. It was last sold for £360,000 in July 2015, which was around 129% above the average July 2015 terraced price in the Thanet local authority area.

27 SPENCER SQUARE Sold Prices

Land registry data shows two sales for 27 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 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
2015 22 JUL	£360,000	£157,238	129% above HPI
2013 21 NOV	£290,000	£135,061	115% above HPI

What might 27 SPENCER SQUARE be worth now?

27 SPENCER SQUARE might now be worth an estimated £581,484.

This is based on house price inflation of 61.5%, between July 2015 and April 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 61.5% inflationary increase is applied to the most recent sale price for 27 SPENCER SQUARE of £360,000 on 22nd July 2015. For the value to have increased from £360,000 to £581,484 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 27 SPENCER SQUARE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The July 2015 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPENCER SQUARE has not materially changed since July 2015.

Where is 27 SPENCER SQUARE?

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