40, SPENCER SQUARE, RAMSGATE, CT11 9LD - £650,000

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.

40 SPENCER SQUARE is a terraced house, which could now be worth an estimated £869,611. It was last sold for £650,000 in January 2017, which was around 242% above the average January 2017 terraced price in the Thanet local authority area.

40 SPENCER SQUARE Sold Prices

Land registry data shows two sales for 40 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 40 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
2017 26 JAN	£650,000	£189,837	242% above HPI
2012 27 SEP	£270,000	£134,911	100% above HPI

What might 40 SPENCER SQUARE be worth now?

40 SPENCER SQUARE might now be worth an estimated £869,611.

This is based on house price inflation of 33.8%, between January 2017 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 33.8% inflationary increase is applied to the most recent sale price for 40 SPENCER SQUARE of £650,000 on 26th January 2017. For the value to have increased from £650,000 to £869,611 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 40 SPENCER SQUARE has moved in line with the HPI for terraced houses in the Thanet local authority area.
• The January 2017 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPENCER SQUARE has not materially changed since January 2017.

Where is 40 SPENCER SQUARE?

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