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House Prices in CT11 House Prices in CT11 (Ramsgate)

The average house price in CT11 (Ramsgate) is £304,456 using HM Land Registry data.

The average property price increased by £73,372 (40.76%) over the last 5 years and increased by £14,702 (5.59%) over the last 12 months.

Over the last year, there were 312 residential property sales – a decrease of 108 transactions (-34.62%) relative to the previous year. The majority of house sales (79) were in the £194,000 - £258,000 range. Then came properties in the £258,000 - £322,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 132 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,257 (-3%).

In Dec 24, there were 78 new estate agency instructions, 35 agreed home sales and 40 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) - 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 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
19 Muir Road, Ramsgate, Kent, CT11 8AX£265,000£262,500-£2,50012 Sep 202415 Nov 202464 Days
64 Windermere Avenue, Ramsgate, Kent, CT11 0PL£350,000£340,000-£10,00022 Apr 202415 Nov 2024207 Days
5 Avenue Road, Ramsgate, Kent, CT11 8ET£360,000£355,000-£5,00011 Apr 202408 Nov 2024211 Days
83 Margate Road, Ramsgate, Kent, CT11 7SU£240,000£237,000-£3,00026 Jun 202405 Nov 2024132 Days
24 Dumpton Park Drive, Ramsgate, Kent, CT11 8AE£279,995£272,500-£7,49519 Aug 202401 Nov 202474 Days
19 Codrington Road, Ramsgate, Kent, CT11 9SP£345,000£297,000-£48,00011 Jun 202430 Oct 2024141 Days
29 Grummock Avenue, Ramsgate, Kent, CT11 0RP£350,000£335,000-£15,00017 Jul 202425 Oct 2024100 Days
51 Chapel Road, St Lawrence, Ramsgate, Kent, CT11 0BS£240,000£232,000-£8,00006 Jun 202424 Oct 2024140 Days
75 Margate Road, Ramsgate, Kent, CT11 7SU£285,000£260,000-£25,00001 Jun 202424 Oct 2024145 Days
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

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£610,76815
CT11 9SBChapel PlaceRamsgate£588,3333
CT11 9TRSouth Eastern RoadRamsgate£585,0003
CT11 9PTGrange RoadRamsgate£579,6663
CT11 0DWLondon RoadRamsgate£578,5073
CT11 8EALyndhurst RoadRamsgate£572,2504

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 9EEQueen StreetRamsgate£100,8333
CT11 8BTVictoria RoadRamsgate£102,6666
CT11 9AJKingswood House, Effingham Street, RamsgateRamsgate£104,2495
CT11 8QHBrunswick StreetRamsgate£104,5004
CT11 7RPChatham Court, Margate RoadRamsgate£109,1663
CT11 8NQBroad StreetRamsgate£110,8754

Explore CT11 (Ramsgate) using map

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