FLAT 4, 5, ALBERT ROAD, RAMSGATE, CT11 8DR - £300,000

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 5 ALBERT ROAD is a very large flat of 111m², built sometime before 1900, which could now be worth an estimated £322,148. It was last sold for £300,000 in May 2018, which was around 108% above the average May 2018 flat price in the Thanet local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

FLAT 4 5 ALBERT ROAD Sold Prices

Land registry data shows five sales for FLAT 4 5 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Thanet local authority area for the corresponding sale date. All of the five FLAT 4 5 ALBERT ROAD sales 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
2018 8 MAY	£300,000	£144,217	108% above HPI
2004 13 APR	£115,000	£90,466	27% above HPI
2002 30 APR	£73,500	£58,300	26% above HPI
2001 23 FEB	£66,000	£45,289	46% above HPI
2000 8 JUN	£47,500	£42,734	11% above HPI

What might FLAT 4 5 ALBERT ROAD be worth now?

FLAT 4 5 ALBERT ROAD might now be worth an estimated £322,148.

This is based on house price inflation of 7.4%, between May 2018 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 7.4% inflationary increase is applied to the most recent sale price for FLAT 4 5 ALBERT ROAD of £300,000 on 8th May 2018. For the value to have increased from £300,000 to £322,148 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of FLAT 4 5 ALBERT ROAD has moved in line with the HPI for flats in the Thanet local authority area.
• The May 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 5 ALBERT ROAD has not materially changed since May 2018.

How Large is FLAT 4 5 ALBERT ROAD?

FLAT 4 5 ALBERT ROAD is 111m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of flats in Ramsgate, based on EPC data. 97% of flats are smaller than FLAT 4 5 ALBERT ROAD, and 3% of flats are larger. Note that EPC data is not available for all properties in Ramsgate.

FLAT 4 5 ALBERT ROAD: Plot

FLAT 4 5 ALBERT ROAD sits on a plot of roughly 0.036 of an acre, or 144m².

Where is FLAT 4 5 ALBERT ROAD?

FLAT 4, 5 ALBERT ROAD is located in RAMSGATE, in the CT11 postcode district.