House prices in CT11 8 (Ramsgate)

This article reveals price per square metre data and various charts to help you understand current housing market in Ramsgate (CT11 8).


Defining 'CT11 8'

This analysis is limited to properties whose postcode starts with "CT11 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Ramsgate.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Ramsgate is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 86 Homefleet House, Wellington Crescent, Ramsgate, sold for £65,000 on Mar-2024. Given the internal area of 40 square metres, the price per sqm is £1,625.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 153 sales in Ramsgate (CT11 8) that took place in the last two years.

Distribution of £ per sqm for Ramsgate
Distribution of £ per sqm house prices in Ramsgate

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Ramsgate (CT11 8). Of the 153 transactions, half were sold for between £2,500 and £3,670 per square metre. The median, or 'middle', price per square metre in 'CT11 8' is £3,170. Notably, only 25% of properties that sold recently were valued at more than £3,670 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Ramsgate

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Ramsgate. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Ramsgate
House price heatmap for Ramsgate

Comparison with neighbouring postcode sectors

The table below shows how 'CT11 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT11 0 Ramsgate £3,130 sqm £3,720 sqm £4,310 sqm
CT11 7 Ramsgate £2,680 sqm £3,210 sqm £3,680 sqm
CT11 9 Ramsgate £2,590 sqm £3,050 sqm £3,470 sqm
CT11 8 Ramsgate £2,500 sqm £3,170 sqm £3,670 sqm

Will Ramsgate house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CT11 8 (Ramsgate) compared with both the wider area CT11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Ramsgate,Ramsgate
House price trends for Ramsgate

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CT11 8 sales
Recent trends for Ramsgate

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Ramsgate to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Ramsgate and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Wellington Crescent, Ramsgate, CT11 8J 54 sqm £2,367 35
Victoria Parade, Ramsgate, CT11 8D 67 sqm £3,194 28
Church Road, Ramsgate, CT11 8R 78 sqm £2,980 19
Hardres Street, Ramsgate, CT11 8Q 97 sqm £2,303 12
Victoria Road, Ramsgate, CT11 8B 58 sqm £2,496 12
Truro Road, Ramsgate, CT11 8D 99 sqm £2,923 11
Abbots Hill, Ramsgate, CT11 8H 120 sqm £2,954 10
Albert Road, Ramsgate, CT11 8D 97 sqm £2,693 10

Search for your street here.

Raw data

Our analysis of Ramsgate is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Flat 86 Homefleet House, Wellington Crescent, Ramsgate £65,000
Mar-2024
40 1,625
4, The Chase, Ramsgate £180,000
Feb-2024
53 3,396
10, Artillery Rd, Ramsgate £150,000
Dec-2023
92 1,630

See the entire list of all sales in Ramsgate (CT11 8) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.