FLAT 3, 39, SPENCER SQUARE, RAMSGATE, CT11 9LD - £84,000

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 39 SPENCER SQUARE is a small flat of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £131,106. It was last sold for £84,000 in February 2014, which was around 15% below the average February 2014 flat price in the Thanet local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

FLAT 3 39 SPENCER SQUARE Sold Prices

Land registry data shows four sales for FLAT 3 39 SPENCER SQUARE 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. two of the four FLAT 3 39 SPENCER SQUARE sales were for below the average price, and four 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
2014 14 FEB	£84,000	£99,222	15% below HPI
2005 10 JUN	£110,000	£105,441	4% above HPI
2004 14 OCT	£105,000	£102,755	2% above HPI
1996 26 JAN	£13,500	£28,264	52% below HPI

What might FLAT 3 39 SPENCER SQUARE be worth now?

FLAT 3 39 SPENCER SQUARE might now be worth an estimated £131,106.

This is based on house price inflation of 56.1%, between February 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 56.1% inflationary increase is applied to the most recent sale price for FLAT 3 39 SPENCER SQUARE of £84,000 on 14th February 2014. For the value to have increased from £84,000 to £131,106 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT 3 39 SPENCER SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The February 2014 sale price of £84,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 39 SPENCER SQUARE has not materially changed since February 2014.

How Large is FLAT 3 39 SPENCER SQUARE?

FLAT 3 39 SPENCER SQUARE is 47m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of flats in Ramsgate, based on EPC data. 25% of flats are smaller than FLAT 3 39 SPENCER SQUARE, and 72% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 3 39 SPENCER SQUARE: Plot

FLAT 3 39 SPENCER SQUARE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is FLAT 3 39 SPENCER SQUARE?

FLAT 3, 39 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.