FLAT 3, 32, SPENCER SQUARE, RAMSGATE, CT11 9LD - £83,500

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 3 32 SPENCER SQUARE is a very small flat of 37m², built sometime before 1900, which could now be worth an estimated £121,818. It was last sold for £83,500 in September 2014, which was around 21% below the average September 2014 flat price in the Thanet local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

FLAT 3 32 SPENCER SQUARE Sold Prices

Land registry data shows two sales for FLAT 3 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 3 32 SPENCER SQUARE 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
2014 11 SEP	£83,500	£106,151	21% below HPI
2012 27 MAR	£52,000	£89,465	42% below HPI

What might FLAT 3 32 SPENCER SQUARE be worth now?

FLAT 3 32 SPENCER SQUARE might now be worth an estimated £121,818.

This is based on house price inflation of 45.9%, between September 2014 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 45.9% inflationary increase is applied to the most recent sale price for FLAT 3 32 SPENCER SQUARE of £83,500 on 11th September 2014. For the value to have increased from £83,500 to £121,818 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of FLAT 3 32 SPENCER SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The September 2014 sale price of £83,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 32 SPENCER SQUARE has not materially changed since September 2014.

How Large is FLAT 3 32 SPENCER SQUARE?

FLAT 3 32 SPENCER SQUARE is 37m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of flats in Ramsgate, based on EPC data. 5% of flats are smaller than FLAT 3 32 SPENCER SQUARE, and 93% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 3 32 SPENCER SQUARE: Plot

FLAT 3 32 SPENCER SQUARE sits on a plot of roughly 0.028 of an acre, or 115m².

Where is FLAT 3 32 SPENCER SQUARE?

FLAT 3, 32 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.