FLAT 2, 11, ROYAL ROAD, RAMSGATE, CT11 9LE - £171,000

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 2 11 ROYAL ROAD is a midsized flat of 57m², built sometime before 1900, which could now be worth an estimated £156,052. It was last sold for £171,000 in March 2022, which was around 1% below the average March 2022 flat price in the Thanet local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 11 ROYAL ROAD Sold Prices

Land registry data shows two sales for FLAT 2 11 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 2 11 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
2022 11 MAR	£171,000	£172,997	1% below HPI
2002 27 MAY	£41,000	£61,335	33% below HPI

What might FLAT 2 11 ROYAL ROAD be worth now?

FLAT 2 11 ROYAL ROAD might now be worth an estimated £156,052.

This is based on house price deflation of 8.7%, between March 2022 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 8.7% deflationary decrease is applied to the most recent sale price for FLAT 2 11 ROYAL ROAD of £171,000 on 11th March 2022. For the value to have decreased from £171,000 to £156,052 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 11 ROYAL ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The March 2022 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 11 ROYAL ROAD has not materially changed since March 2022.

How Large is FLAT 2 11 ROYAL ROAD?

FLAT 2 11 ROYAL ROAD is 57m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of flats in Ramsgate, based on EPC data. 47% of flats are smaller than FLAT 2 11 ROYAL ROAD, and 51% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 2 11 ROYAL ROAD: Plot

FLAT 2 11 ROYAL ROAD sits on a plot of roughly 0.027 of an acre, or 108m².

Where is FLAT 2 11 ROYAL ROAD?

FLAT 2, 11 ROYAL ROAD is located in RAMSGATE, in the CT11 postcode district.