STUDIO FLAT, 17, VICTORIA ROAD, RAMSGATE, CT11 8PP - £76,000

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.

STUDIO FLAT is a flat, which could now be worth an estimated £98,414. It was last sold for £76,000 in February 2008, which was around 38% below the average February 2008 flat price in the Thanet local authority area.

STUDIO FLAT Sold Prices

Land registry data shows four sales for STUDIO FLAT 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. All of the four STUDIO FLAT 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
2008 22 FEB	£76,000	£121,918	38% below HPI
2005 12 AUG	£21,250	£105,741	80% below HPI
2004 16 AUG	£12,000	£100,228	88% below HPI
2000 27 JUL	£18,500	£42,885	57% below HPI

What might STUDIO FLAT be worth now?

STUDIO FLAT might now be worth an estimated £98,414.

This is based on house price inflation of 29.5%, between February 2008 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 29.5% inflationary increase is applied to the most recent sale price for STUDIO FLAT of £76,000 on 22nd February 2008. For the value to have increased from £76,000 to £98,414 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of STUDIO FLAT has moved in line with the HPI for flats in the Thanet local authority area.
• The February 2008 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of STUDIO FLAT has not materially changed since February 2008.