FLAT 3, 38, ALBERT ROAD, RAMSGATE, CT11 8DW - £100,000

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 3 38 ALBERT ROAD is a very small extended flat of 34m², built sometime before 1900, which could now be worth an estimated £91,462. It was last sold for £100,000 in August 2024, which was around 41% below the average August 2024 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 3 38 ALBERT ROAD Sold Prices

Land registry data shows four sales for FLAT 3 38 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. All of the four FLAT 3 38 ALBERT 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
2024 5 AUG	£100,000	£169,320	41% below HPI
2021 23 JUL	£105,000	£162,646	35% below HPI
2001 31 OCT	£30,000	£52,525	43% below HPI
2000 20 JUL	£22,000	£42,885	49% below HPI

What might FLAT 3 38 ALBERT ROAD be worth now?

FLAT 3 38 ALBERT ROAD might now be worth an estimated £91,462.

This is based on house price deflation of 8.5%, between August 2024 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 8.5% deflationary decrease is applied to the most recent sale price for FLAT 3 38 ALBERT ROAD of £100,000 on 5th August 2024. For the value to have decreased from £100,000 to £91,462 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of FLAT 3 38 ALBERT ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The August 2024 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 38 ALBERT ROAD has not materially changed since August 2024.

How Large is FLAT 3 38 ALBERT ROAD?

FLAT 3 38 ALBERT ROAD is 34m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of flats in Ramsgate, based on EPC data. 4% of flats are smaller than FLAT 3 38 ALBERT ROAD, and 96% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 3 38 ALBERT ROAD: Plot

FLAT 3 38 ALBERT ROAD sits on a plot of roughly 0.055 of an acre, or 221m².

Where is FLAT 3 38 ALBERT ROAD?

FLAT 3, 38 ALBERT ROAD is located in RAMSGATE, in the CT11 postcode district.