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House Prices in CT11 House Prices in CT11 (Ramsgate)

The average house price in CT11 (Ramsgate) is £293,111 using HM Land Registry data.

The average property price increased by £88,980 (40.76%) over the last 5 years and increased by £17,829 (5.59%) over the last 12 months.

Over the last year, there were 284 residential property sales – a decrease of 158 transactions (-55.63%) relative to the previous year. The majority of house sales (73) were in the £198,000 - £266,000 range. Then came properties in the £266,000 - £334,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,001 (-4%).

In Oct 24, there were 87 new estate agency instructions, 66 agreed home sales and 92 property price reductions.

Nearby Postcodes: CT10, CT12, CT13, CT3, CT7, CT9

5-Year Average Property Prices in CT11 (Ramsgate)

40.76%

Property prices in Ramsgate increased by 40.76% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CT11 (Ramsgate) Over the Last Year

5.59%

Property prices in Ramsgate increased by 5.59% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CT11 (Ramsgate) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CT11 (Ramsgate)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CT11 (Ramsgate)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CT11 (Ramsgate)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CT11 (Ramsgate) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT11 postcode area since 1995.

Recent Sales in CT11 (Ramsgate)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Kirkstone Avenue, Ramsgate, Kent, CT11 0NT£265,000£265,000£0010 Apr 202419 Aug 2024131 Days
19 Sundew Grove, Ramsgate, Kent, CT11 7PL£177,000£168,000-£9,00010 Apr 202419 Aug 2024131 Days
25 Cannonbury Road, Ramsgate, Kent, CT11 9NH£375,000£345,000-£30,00010 Oct 202312 Aug 2024307 Days
106 Margate Road, Ramsgate, Kent, CT11 7SQ£285,000£285,000£0011 Apr 202409 Aug 2024120 Days
47 Bloomsbury Road, Ramsgate, Kent, CT11 0AQ£250,000£248,000-£2,00002 Feb 202405 Aug 2024185 Days
3 Helvellyn Avenue, Ramsgate, Kent, CT11 0RS£390,000£385,000-£5,00010 Jan 202431 Jul 2024203 Days
6 Derwent Avenue, Ramsgate, Kent, CT11 0QA£359,995£352,000-£7,99503 Apr 202431 Jul 2024119 Days
12 Kings Road, Ramsgate, Kent, CT11 7RT£249,950£245,000-£4,95012 Apr 202430 Jul 2024109 Days
36 Sherwood Gardens, Ramsgate, Kent, CT11 7AR£240,000£220,000-£20,00020 Feb 202425 Jul 2024156 Days
Flat 18, Dormans Yard, Victoria Road, Ramsgate, Kent, CT11 8JW£150,000£143,000-£7,00020 Jan 202419 Jul 2024181 Days
5 Vale Place, Ramsgate, Kent, CT11 9LL£275,000£255,000-£20,00008 Mar 202417 Jul 2024131 Days
19 Vale Square, Ramsgate, Kent, CT11 9DF£1,025,000£995,000-£30,00006 Sep 202310 Jul 2024308 Days
22 Goodwin Road, Ramsgate, Kent, CT11 0LP£185,000£185,000£0026 Jan 202409 Jul 2024165 Days
151 Hereson Road, Ramsgate, Kent, CT11 7EH£275,000£270,000-£5,00003 Oct 202305 Jul 2024276 Days
65 Station Approach Road, Ramsgate, Kent, CT11 7RN£280,000£260,000-£20,00028 Feb 202404 Jul 2024127 Days
19 The Cloisters, Ramsgate, Kent, CT11 9PL£250,000£225,000-£25,00016 Feb 202403 Jul 2024138 Days
155 St Lukes Avenue, Ramsgate, Kent, CT11 7HT£319,950£319,950£0019 Mar 202428 Jun 2024101 Days
180 Windermere Avenue, Ramsgate, Kent, CT11 0NU£325,000£320,000-£5,00005 Apr 202428 Jun 202484 Days
3 Kirkstone Avenue, Ramsgate, Kent, CT11 0NT£320,000£315,000-£5,00017 Jan 202426 Jun 2024161 Days
2 Mulberry Close, Ramsgate, Kent, CT11 8EW£249,995£242,000-£7,99520 Jan 202426 Jun 2024158 Days

Most Expensive Streets in CT11 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT11 9JFNelson CrescentRamsgate£930,0003
CT11 9JEProspect TerraceRamsgate£752,0004
CT11 9DFVale SquareRamsgate£698,3333
CT11 0FHSmugglers CloseRamsgate£678,5717
CT11 0FFForeland HeightsRamsgate£610,09516
CT11 9SBChapel PlaceRamsgate£588,3333
CT11 9TRSouth Eastern RoadRamsgate£585,0003
CT11 0DWLondon RoadRamsgate£578,5073
CT11 8EALyndhurst RoadRamsgate£572,2504
CT11 8FQBeach DriveRamsgate£571,92213

Least Expensive Streets in CT11 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT11 9YEMinerva House, Fortuna CourtRamsgate£53,5004
CT11 8JZHomefleet House, Wellington CrescentRamsgate£74,14717
CT11 8JYHomefleet House, Wellington CrescentRamsgate£84,42111
CT11 8NZKing StreetRamsgate£99,1254
CT11 8BTVictoria RoadRamsgate£102,6666
CT11 8QHBrunswick StreetRamsgate£104,5004
CT11 7RPChatham Court, Margate RoadRamsgate£109,1663
CT11 9AJKingswood House, Effingham Street, RamsgateRamsgate£110,7483
CT11 8NQBroad StreetRamsgate£110,8754
CT11 8NLTurner StreetRamsgate£115,0004

Explore CT11 (Ramsgate) using map

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