28, ROYAL ESPLANADE, RAMSGATE, CT11 0HE - £282,000

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.

28 ROYAL ESPLANADE is a flat, which could now be worth an estimated £373,861. It was last sold for £282,000 in February 2016, which was around 137% above the average February 2016 flat price in the Thanet local authority area.

28 ROYAL ESPLANADE Sold Prices

Land registry data shows two sales for 28 ROYAL ESPLANADE 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 28 ROYAL ESPLANADE 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
2016 12 FEB	£282,000	£119,083	137% above HPI
1999 12 MAR	£105,000	£33,749	211% above HPI

What might 28 ROYAL ESPLANADE be worth now?

28 ROYAL ESPLANADE might now be worth an estimated £373,861.

This is based on house price inflation of 32.6%, between February 2016 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 32.6% inflationary increase is applied to the most recent sale price for 28 ROYAL ESPLANADE of £282,000 on 12th February 2016. For the value to have increased from £282,000 to £373,861 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 28 ROYAL ESPLANADE has moved in line with the HPI for flats in the Thanet local authority area.
• The February 2016 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ROYAL ESPLANADE has not materially changed since February 2016.

Where is 28 ROYAL ESPLANADE?

28 ROYAL ESPLANADE is located in RAMSGATE, in the CT11 postcode district.