FLAT 3, 41, RAMSGATE ROAD, MARGATE, CT9 5RT - £51,500

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 41 RAMSGATE ROAD is a flat, which could now be worth an estimated £106,285. It was last sold for £51,500 in February 2003, which was around 31% below the average February 2003 flat price in the Thanet local authority area.

FLAT 3 41 RAMSGATE ROAD Sold Prices

Land registry data shows two sales for FLAT 3 41 RAMSGATE ROAD 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 41 RAMSGATE 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
2003 24 FEB	£51,500	£75,039	31% below HPI
1999 7 DEC	£20,500	£37,731	46% below HPI

What might FLAT 3 41 RAMSGATE ROAD be worth now?

FLAT 3 41 RAMSGATE ROAD might now be worth an estimated £106,285.

This is based on house price inflation of 106.4%, between February 2003 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 106.4% inflationary increase is applied to the most recent sale price for FLAT 3 41 RAMSGATE ROAD of £51,500 on 24th February 2003. For the value to have increased from £51,500 to £106,285 over the 22 years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT 3 41 RAMSGATE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The February 2003 sale price of £51,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 41 RAMSGATE ROAD has not materially changed since February 2003.

Where is FLAT 3 41 RAMSGATE ROAD?

FLAT 3, 41 RAMSGATE ROAD is located in MARGATE, in the CT9 postcode district.