FLAT 1, 2, DENMARK ROAD, RAMSGATE, CT11 7NH - £130,000

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.

FLAT 1 2 DENMARK ROAD is a midsized flat of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £121,774. It was last sold for £130,000 in September 2021, which was around 23% below the average September 2021 flat price in the Thanet local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 2 DENMARK ROAD Sold Prices

Land registry data shows five sales for FLAT 1 2 DENMARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. Most of the five FLAT 1 2 DENMARK ROAD sales were for below 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
2021 2 SEP	£130,000	£168,538	23% below HPI
2019 16 APR	£97,000	£140,802	31% below HPI
2019 16 APR	£97,000	£140,802	31% below HPI
2019 22 FEB	£83,000	£143,628	42% below HPI
2006 22 NOV	£112,500	£110,316	2% above HPI

What might FLAT 1 2 DENMARK ROAD be worth now?

FLAT 1 2 DENMARK ROAD might now be worth an estimated £121,774.

This is based on house price deflation of 6.3%, between September 2021 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 6.3% deflationary decrease is applied to the most recent sale price for FLAT 1 2 DENMARK ROAD of £130,000 on 2nd September 2021. For the value to have decreased from £130,000 to £121,774 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 2 DENMARK ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The September 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 2 DENMARK ROAD has not materially changed since September 2021.

How Large is FLAT 1 2 DENMARK ROAD?

FLAT 1 2 DENMARK ROAD is 54m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of flats in Ramsgate, based on EPC data. 41% of flats are smaller than FLAT 1 2 DENMARK ROAD, and 57% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 1 2 DENMARK ROAD: Plot

FLAT 1 2 DENMARK ROAD sits on a plot of roughly 0.032 of an acre, or 128m².

Where is FLAT 1 2 DENMARK ROAD?

FLAT 1, 2 DENMARK ROAD is located in RAMSGATE, in the CT11 postcode district.