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House Prices in CT12 House Prices in CT12 (Ramsgate)

The average house price in CT12 (Ramsgate) is £283,500 using HM Land Registry data.

The average property price increased by £30,406 (43.76%) over the last 5 years and increased by £6,093 (5.9%) over the last 12 months.

Over the last year, there were 139 residential property sales – a decrease of 57 transactions (-41.01%) relative to the previous year. The majority of house sales (34) were in the £276,000 - £314,000 range. Then came properties in the £238,000 - £276,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,195 (-2%).

In Oct 24, there were 78 new estate agency instructions, 35 agreed home sales and 74 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) - 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 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
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
26 Newlands Road, Ramsgate, Kent, CT12 6RG£265,000£260,000-£5,00027 Jan 202405 Jun 2024130 Days
55 Bursill Crescent, Newington, Ramsgate, Kent, CT12 6HA£230,000£225,000-£5,00016 Nov 202324 May 2024190 Days
9 Esmonde Drive, Manston, Ramsgate, Kent, CT12 5LY£300,000£295,000-£5,00027 Sep 202324 Apr 2024210 Days
7 Esmonde Drive, Manston, Ramsgate, Kent, CT12 5LY£285,000£280,000-£5,00001 Nov 202318 Apr 2024169 Days
10 Pysons Road, Ramsgate, Kent, CT12 6TR£284,995£284,995£0024 Oct 202316 Apr 2024175 Days
367 Margate Road, Ramsgate, Kent, CT12 6SG£375,000£305,000-£70,00019 Jun 202315 Apr 2024301 Days
11 Richardson Way, Cliffsend, Ramsgate, Kent, CT12 5HF£450,000£440,000-£10,00009 Oct 202310 Apr 2024184 Days

Most Expensive Streets in CT12 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT12 5LBChapman Fields, CliffsendRamsgate£691,6666
CT12 4BAMinster Road, MonktonRamsgate£653,3333
CT12 4HRWayborough Hill, MinsterRamsgate£637,3333
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

Least Expensive Streets in CT12 (Ramsgate)

PostcodeStreetAreaAverageNo. of Sales
CT12 6BXElizabeth Kemp Court, Whitehall RoadRamsgate£111,6666
CT12 6RYMentmore RoadRamsgate£114,6258
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 6AYMeridian CloseRamsgate£172,0717
CT12 6FDManston RoadRamsgate£176,80613
CT12 6AZObservatory WayRamsgate£184,6005
CT12 6AEColeman CrescentRamsgate£186,6663

Explore CT12 (Ramsgate) using map

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