FLAT 2, 32, SPENCER SQUARE, RAMSGATE, CT11 9LD - £249,995

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 32 SPENCER SQUARE is a large flat of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £258,780. It was last sold for £249,995 in September 2019, which was around 67% above the average September 2019 flat price in the Thanet local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 32 SPENCER SQUARE Sold Prices

Land registry data shows two sales for FLAT 2 32 SPENCER SQUARE 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 32 SPENCER SQUARE sales were for above 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
2019 12 SEP	£249,995	£149,607	67% above HPI
2016 28 NOV	£215,000	£131,078	64% above HPI

What might FLAT 2 32 SPENCER SQUARE be worth now?

FLAT 2 32 SPENCER SQUARE might now be worth an estimated £258,780.

This is based on house price inflation of 3.5%, between September 2019 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 3.5% inflationary increase is applied to the most recent sale price for FLAT 2 32 SPENCER SQUARE of £249,995 on 12th September 2019. For the value to have increased from £249,995 to £258,780 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 32 SPENCER SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The September 2019 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 32 SPENCER SQUARE has not materially changed since September 2019.

How Large is FLAT 2 32 SPENCER SQUARE?

FLAT 2 32 SPENCER SQUARE is 66m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of flats in Ramsgate, based on EPC data. 66% of flats are smaller than FLAT 2 32 SPENCER SQUARE, and 32% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 2 32 SPENCER SQUARE: Plot

FLAT 2 32 SPENCER SQUARE sits on a plot of roughly 0.028 of an acre, or 115m².

Where is FLAT 2 32 SPENCER SQUARE?

FLAT 2, 32 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.