FLAT 1, 31, ROYAL ROAD, RAMSGATE, CT11 9LF - £26,500

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.

FLAT 1 31 ROYAL ROAD is a flat, which could now be worth an estimated £135,280. It was last sold for £26,500 in November 1997, which was around 14% below the average November 1997 flat price in the Thanet local authority area.

FLAT 1 31 ROYAL ROAD Sold Prices

Land registry data shows two sales for FLAT 1 31 ROYAL ROAD 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 FLAT 1 31 ROYAL 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
1997 27 NOV	£26,500	£30,926	14% below HPI
1997 17 FEB	£25,000	£28,321	12% below HPI

What might FLAT 1 31 ROYAL ROAD be worth now?

FLAT 1 31 ROYAL ROAD might now be worth an estimated £135,280.

This is based on house price inflation of 410.5%, between November 1997 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 410.5% inflationary increase is applied to the most recent sale price for FLAT 1 31 ROYAL ROAD of £26,500 on 27th November 1997. For the value to have increased from £26,500 to £135,280 over the 29 years and six months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 31 ROYAL ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The November 1997 sale price of £26,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 31 ROYAL ROAD has not materially changed since November 1997.

Where is FLAT 1 31 ROYAL ROAD?

FLAT 1, 31 ROYAL ROAD is located in RAMSGATE, in the CT11 postcode district.