FLAT 4, 112, GRANGE ROAD, RAMSGATE, CT11 9PT - £60,000

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 4 112 GRANGE ROAD is a midsized extended flat of 56m², built sometime before 1900, which could now be worth an estimated £97,404. It was last sold for £60,000 in March 2011, which was around 38% below the average March 2011 flat price in the Thanet local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

FLAT 4 112 GRANGE ROAD Sold Prices

Land registry data shows two sales for FLAT 4 112 GRANGE 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. One of the two FLAT 4 112 GRANGE ROAD sales was for below the average price, whilst the other was 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
2011 16 MAR	£60,000	£97,249	38% below HPI
2007 20 JUN	£287,500	£117,909	144% above HPI

What might FLAT 4 112 GRANGE ROAD be worth now?

FLAT 4 112 GRANGE ROAD might now be worth an estimated £97,404.

This is based on house price inflation of 62.3%, between March 2011 and May 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 62.3% inflationary increase is applied to the most recent sale price for FLAT 4 112 GRANGE ROAD of £60,000 on 16th March 2011. For the value to have increased from £60,000 to £97,404 over the fourteen years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 4 112 GRANGE ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The March 2011 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 112 GRANGE ROAD has not materially changed since March 2011.

How Large is FLAT 4 112 GRANGE ROAD?

FLAT 4 112 GRANGE ROAD is 56m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of flats in Ramsgate, based on EPC data. 45% of flats are smaller than FLAT 4 112 GRANGE ROAD, and 53% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 4 112 GRANGE ROAD: Plot

FLAT 4 112 GRANGE ROAD sits on a plot of roughly 0.103 of an acre, or 415m².

Where is FLAT 4 112 GRANGE ROAD?

FLAT 4, 112 GRANGE ROAD is located in RAMSGATE, in the CT11 postcode district.