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House Prices in CT12 House Prices in CT12 (Ramsgate)

The average house price in CT12 (Ramsgate) is £279,444 using HM Land Registry data.

The average property price increased by £16,201 (43.76%) over the last 5 years and increased by £3,246 (5.9%) over the last 12 months.

Over the last year, there were 150 residential property sales – a decrease of 41 transactions (-27.33%) relative to the previous year. The majority of house sales (32) were in the £272,000 - £308,000 range. Then came properties in the £236,000 - £272,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 107 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,243 (-3%).

In Dec 24, there were 53 new estate agency instructions, 21 agreed home sales and 31 property price reductions.

Nearby Postcodes: CT1, CT10, CT11, CT13, CT14, CT15, CT2, CT3, CT4, CT6, CT7, CT8, CT9

5-Year Average Property Prices in CT12 (Ramsgate)

43.76%

Property prices in Ramsgate increased by 43.76% 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 CT12 (Ramsgate) Over the Last Year

5.9%

Property prices in Ramsgate increased by 5.9% 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 CT12 (Ramsgate) - Dec 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 CT12 (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 CT12 (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 CT12 (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 CT12 (Ramsgate) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT12 postcode area since 1995.

Recent Sales in CT12 (Ramsgate)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Millfield Road, Ramsgate, Kent, CT12 6QW£350,000£340,000-£10,00002 May 202415 Nov 2024197 Days
22 Tothill Street, Minster, Ramsgate, Kent, CT12 4AG£600,000£570,000-£30,00001 Mar 202411 Nov 2024255 Days
69 Stirling Way, Newington, Ramsgate, Kent, CT12 6NF£160,000£160,000£0022 May 202431 Oct 2024162 Days
10 Beamont Close, Manston, Ramsgate, Kent, CT12 5LZ£300,000£300,000£0013 Jul 202310 Oct 2024455 Days
6 Meverall Avenue, Cliffsend, Ramsgate, Kent, CT12 5JE£595,000£560,000-£35,00010 Apr 202404 Oct 2024177 Days
13 Prospect Road, Minster, Ramsgate, Kent, CT12 4EG£210,000£180,000-£30,00005 Jun 202402 Oct 2024119 Days
184 Margate Road, Ramsgate, Kent, CT12 6AG£320,000£320,000£0013 Jun 202424 Sep 2024103 Days
22 Donnahay Road, Ramsgate, Kent, CT12 6RW£375,000£375,000£0021 Apr 202421 Aug 2024122 Days
53 Whitehall Road, Newington, Ramsgate, Kent, CT12 6DE£375,000£370,000-£5,00017 May 202416 Aug 202491 Days
337 Clements Road, Ramsgate, Kent, CT12 6UG£275,000£270,000-£5,00010 May 202414 Aug 202496 Days
11 Kingston Close, Newington, Ramsgate, Kent, CT12 6PE£230,000£218,000-£12,00029 Feb 202409 Aug 2024162 Days
7 Martins Close, Ramsgate, Kent, CT12 6TD£399,995£390,000-£9,99522 Mar 202408 Aug 2024139 Days
217 Margate Road, Ramsgate, Kent, CT12 6SZ£299,999£295,000-£4,99911 Jan 202406 Aug 2024208 Days
275 Margate Road, Ramsgate, Kent, CT12 6TE£299,995£290,000-£9,99508 Nov 202302 Aug 2024268 Days
3 Mentmore Road, Ramsgate, Kent, CT12 6RY£155,000£145,000-£10,00025 Apr 202431 Jul 202497 Days
Domneva House, Abbey Grove, Minster, Ramsgate, Kent, CT12 4HB£375,000£375,000£0006 Feb 202424 Jul 2024169 Days
317 Clements Road, Ramsgate, Kent, CT12 6UG£235,000£210,000-£25,00017 Jan 202428 Jun 2024163 Days
1 Orchard Close, Ramsgate, Kent, CT12 6QR£350,000£350,000£0020 Jul 202321 Jun 2024337 Days
135a, Monkton Road, Minster, Ramsgate, Kent, CT12 4EF£300,000£300,000£0021 Nov 202319 Jun 2024211 Days
60 Newington Road, Ramsgate, Kent, CT12 6EQ£245,000£243,000-£2,00030 Jan 202405 Jun 2024127 Days

Most Expensive Streets in CT12 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT12 4BAMinster Road, MonktonRamsgate£653,3333
CT12 5LBChapman Fields, CliffsendRamsgate£640,0005
CT12 5GHBakers Field, CliffsendRamsgate£521,73923
CT12 4EBMonkton Road, MinsterRamsgate£466,2605
CT12 6RSNorthwood RoadRamsgate£448,3333
CT12 4JQMonkton Street, MonktonRamsgate£434,7147
CT12 5EHSea View Road, CliffsendRamsgate£430,0003
CT12 5EYThe Courtyard, Manston Court RoadRamsgate£425,6653
CT12 4JFMonkton Street, MonktonRamsgate£425,2506
CT12 4DNThorne Road, MinsterRamsgate£421,5004

Least Expensive Streets in CT12 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT12 6LPBarnet Court, Melbourne AvenueRamsgate£94,0003
CT12 6BXElizabeth Kemp Court, Whitehall RoadRamsgate£115,6005
CT12 6RYMentmore RoadRamsgate£118,5007
CT12 6UDClements RoadRamsgate£135,3333
CT12 6QLHighfield Court, Highfield RoadRamsgate£151,8333
CT12 6JBSt Johns Avenue, NewingtonRamsgate£159,0003
CT12 6DBHurst GroveRamsgate£167,8333
CT12 6FDManston RoadRamsgate£169,32014
CT12 6AYMeridian CloseRamsgate£172,0717
CT12 6AZObservatory WayRamsgate£184,6005

Explore CT12 (Ramsgate) using map

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