FLAT 2, 237, RAMSGATE ROAD, MARGATE, CT9 4EU - £210,000

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 2 237 RAMSGATE ROAD is a large flat of 71m², built in 2019, which could now be worth an estimated £178,245. It was last sold for £210,000 in June 2022, which was around 15% above the average June 2022 flat price in the Thanet local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was B.

FLAT 2 237 RAMSGATE ROAD Sold Prices

Land registry data shows one sale for FLAT 2 237 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
2022 27 JUN	£210,000	£182,454	15% above HPI

What might FLAT 2 237 RAMSGATE ROAD be worth now?

FLAT 2 237 RAMSGATE ROAD might now be worth an estimated £178,245.

This is based on house price deflation of 15.1%, between June 2022 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 15.1% deflationary decrease is applied to the most recent sale price for FLAT 2 237 RAMSGATE ROAD of £210,000 on 27th June 2022. For the value to have decreased from £210,000 to £178,245 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 237 RAMSGATE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The June 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 237 RAMSGATE ROAD has not materially changed since June 2022.

How Large is FLAT 2 237 RAMSGATE ROAD?

FLAT 2 237 RAMSGATE ROAD is 71m² according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of flats in Margate, based on EPC data. 75% of flats are smaller than FLAT 2 237 RAMSGATE ROAD, and 23% of flats are larger. Note that EPC data is not available for all properties in Margate.

FLAT 2 237 RAMSGATE ROAD: Plot

FLAT 2 237 RAMSGATE ROAD sits on a plot of roughly 0.365 of an acre, or 1,477m².

Where is FLAT 2 237 RAMSGATE ROAD?

FLAT 2, 237 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district.