55B, RAMSGATE ROAD, MARGATE, CT9 5RT - £80,000

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.

55B RAMSGATE ROAD is a midsized extended flat of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £127,573. It was last sold for £80,000 in March 2009, which was around 18% below the average March 2009 flat price in the Thanet local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

55B RAMSGATE ROAD Sold Prices

Land registry data shows one sale for 55B RAMSGATE ROAD 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 19 MAR	£80,000	£97,114	18% below HPI

What might 55B RAMSGATE ROAD be worth now?

55B RAMSGATE ROAD might now be worth an estimated £127,573.

This is based on house price inflation of 59.5%, between March 2009 and April 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 59.5% inflationary increase is applied to the most recent sale price for 55B RAMSGATE ROAD of £80,000 on 19th March 2009. For the value to have increased from £80,000 to £127,573 over the sixteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 55B RAMSGATE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The March 2009 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 55B RAMSGATE ROAD has not materially changed since March 2009.

How Large is 55B RAMSGATE ROAD?

55B RAMSGATE ROAD is 64m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of flats in Margate, based on EPC data. 60% of flats are smaller than 55B RAMSGATE ROAD, and 38% of flats are larger. Note that EPC data is not available for all properties in Margate.

55B RAMSGATE ROAD: Plot

55B RAMSGATE ROAD sits on a plot of roughly 0.036 of an acre, or 147m².

Where is 55B RAMSGATE ROAD?

55B RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district.