FLAT 4, 39, SPENCER SQUARE, RAMSGATE, CT11 9LD - £160,000

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 39 SPENCER SQUARE is a very small flat of 44m², built sometime before 1900, which could now be worth an estimated £169,713. It was last sold for £160,000 in November 2019, which was around 10% above the average November 2019 flat price in the Thanet local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

FLAT 4 39 SPENCER SQUARE Sold Prices

Land registry data shows two sales for FLAT 4 39 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. One of the two FLAT 4 39 SPENCER SQUARE sales was for above the average price, whilst the other was 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
2019 29 NOV	£160,000	£146,001	10% above HPI
2017 28 JUN	£132,000	£138,202	4% below HPI

What might FLAT 4 39 SPENCER SQUARE be worth now?

FLAT 4 39 SPENCER SQUARE might now be worth an estimated £169,713.

This is based on house price inflation of 6.1%, between November 2019 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 6.1% inflationary increase is applied to the most recent sale price for FLAT 4 39 SPENCER SQUARE of £160,000 on 29th November 2019. For the value to have increased from £160,000 to £169,713 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of FLAT 4 39 SPENCER SQUARE has moved in line with the HPI for flats in the Thanet local authority area.
• The November 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 39 SPENCER SQUARE has not materially changed since November 2019.

How Large is FLAT 4 39 SPENCER SQUARE?

FLAT 4 39 SPENCER SQUARE is 44m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of flats in Ramsgate, based on EPC data. 18% of flats are smaller than FLAT 4 39 SPENCER SQUARE, and 80% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 4 39 SPENCER SQUARE: Plot

FLAT 4 39 SPENCER SQUARE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is FLAT 4 39 SPENCER SQUARE?

FLAT 4, 39 SPENCER SQUARE is located in RAMSGATE, in the CT11 postcode district.