29, ROYAL ESPLANADE, RAMSGATE, CT11 0HE - £197,500

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.

29 ROYAL ESPLANADE is a very large flat of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £323,563. It was last sold for £197,500 in June 2009, which was around 105% above the average June 2009 flat price in the Thanet local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

29 ROYAL ESPLANADE Sold Prices

Land registry data shows one sale for 29 ROYAL ESPLANADE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Thanet local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 15 JUN	£197,500	£96,365	105% above HPI

What might 29 ROYAL ESPLANADE be worth now?

29 ROYAL ESPLANADE might now be worth an estimated £323,563.

This is based on house price inflation of 63.8%, between June 2009 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 63.8% inflationary increase is applied to the most recent sale price for 29 ROYAL ESPLANADE of £197,500 on 15th June 2009. For the value to have increased from £197,500 to £323,563 over the seventeen years and one month to May 2026, the following assumptions must hold true:

• The value of 29 ROYAL ESPLANADE has moved in line with the HPI for flats in the Thanet local authority area.
• The June 2009 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 29 ROYAL ESPLANADE has not materially changed since June 2009.

How Large is 29 ROYAL ESPLANADE?

29 ROYAL ESPLANADE is 92m² according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of flats in Ramsgate, based on EPC data. 93% of flats are smaller than 29 ROYAL ESPLANADE, and 7% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

29 ROYAL ESPLANADE: Plot

29 ROYAL ESPLANADE sits on a plot of roughly 0.177 of an acre, or 715m².

Where is 29 ROYAL ESPLANADE?

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