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Ramsgate House Prices Ramsgate House Prices

The average house price in Ramsgate is £297,421 using HM Land Registry data.

The average property price increased by £70,172 (27.81%) over the last 5 years and increased by £14,060 (4.56%) over the last 12 months.

Over the last year, there were 399 residential property sales – a decrease of 134 transactions (-33.58%) relative to the previous year. The majority of house sales (104) were in the £198,000 - £256,000 range. Then came properties in the £256,000 - £314,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,589 (-3%).

In Dec 24, there were 103 new estate agency instructions, 40 agreed home sales and 48 property price reductions.

Neighbouring Areas: Margate, Broadstairs

Postcodes Covered: CT10, CT11, CT12

5-Year Average Property Prices in Ramsgate

27.81%

Property prices in Ramsgate increased by 27.81% 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 Ramsgate Over the Last Year

4.56%

Property prices in Ramsgate increased by 4.56% 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 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 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 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 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 Ramsgate since 1995

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

Recent Property Sales in 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
1 Millfield Road, Ramsgate, Kent, CT12 6QW£350,000£340,000-£10,00002 May 202415 Nov 2024197 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
69 Stirling Way, Newington, Ramsgate, Kent, CT12 6NF£160,000£160,000£0022 May 202431 Oct 2024162 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
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
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
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
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
11 Kingston Close, Newington, Ramsgate, Kent, CT12 6PE£230,000£218,000-£12,00029 Feb 202409 Aug 2024162 Days

Most Expensive Streets in 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
CT10 1FXSouth Cliff DriveBroadstairs£599,4449
CT11 9SBChapel PlaceRamsgate£588,3333
CT11 9TRSouth Eastern RoadRamsgate£585,0003
CT11 9PTGrange RoadRamsgate£579,6663
CT11 0DWLondon RoadRamsgate£578,5073

Least Expensive Streets in Ramsgate

PostcodeStreetAreaAverageNo. of Sales
CT11 9YEMinerva HouseFortuna Court£53,5004
CT11 8JZHomefleet HouseWellington Crescent£74,14717
CT11 8JYHomefleet HouseWellington Crescent£84,42111
CT12 6LPBarnet CourtMelbourne Avenue£94,0003
CT11 8NZKing StreetRamsgate£99,1254
CT11 9EEQueen StreetRamsgate£100,8333
CT11 8BTVictoria RoadRamsgate£102,6666
CT11 9AJKingswood HouseEffingham Street, Ramsgate£104,2495
CT11 8QHBrunswick StreetRamsgate£104,5004
CT11 7RPChatham CourtMargate Road£109,1663

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