1 Oast Cottages, Ramsgate
1 Oast Cottages, Ramsgate
Description & Estimates
1 Oast Cottages, Ramsgate is recorded publicly as a period freehold house across 1,334 ft2 of internal area, sitting on a 283 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1 Oast Cottages, Ramsgate is £365,305 and its rental estimate is £1,520 per month, given the available information and assuming reasonable condition.
Minster Road, Monkton, Ramsgate, CT12 falls within the CT12 postal district, in the borough of Thanet.
Our Data Sources
1 Oast Cottages, Ramsgate has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Oast Cottages, Ramsgate, we estimate a market value of £383,570 and a rental value of £1,597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £339,733 and £1,414 per month respectively.
Recent Market Change
Over the last year, 1 Oast Cottages, Ramsgate has seen its estimated sale value decline by £15,826 (4.3%) and its estimated rental value climb by £14 per month (0.9%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 1 Oast Cottages, Ramsgate as measuring 283 m2.
Energy Efficiency
1 Oast Cottages, Ramsgate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1 Oast Cottages, Ramsgate completed on 30th January 2023 at £430,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.2% over the period since January 2023.
- Sold Jan 2023£430,000
- Sold May 2004£222,000
- Sold Sep 1996£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Oast Cottages, Ramsgate have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th April 2022, was 4 Church Cottages, Plumstone Road, Birchington, CT7 0JD, a freehold house which sold for £425,000.
Read more about house prices in CT12.
- Sold Apr 2022£425,000 | 3 Bed House4 Church Cottages, Plumstone Road, Birchington, CT7 0JD4 Church Cottages, Plumstone Road, Birchington, CT7 0JD
- Sold Mar 2021£375,000 | 4 Bed House1 Church Cottages, Plumstone Road, Birchington, CT7 0JD1 Church Cottages, Plumstone Road, Birchington, CT7 0JD
- Sold Jan 2021£350,000 | 4 Bed House2 Oast Cottages, Minster Road, Ramsgate, CT12 4BB2 Oast Cottages, Minster Road, Ramsgate, CT12 4BB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Minster Road, Monkton, Ramsgate, CT12, 1 Oast Cottages, Ramsgate comes out as the 5th largest and the 8th most expensive in our analysis of the public data.
It is also £93k more expensive than the average property across the CT12 district.
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Schools Nearby
- 2.1kmBirchington Church of England Primary School
- 2.2kmMinster Church of England Primary School
- 2.8kmMonkton Church of England Primary School
- 2.8kmKing Ethelbert School
- 2.9kmUrsuline College
- 4.8kmHartsdown Academy
More reading links
Public Transport Nearby
From 1 Oast Cottages, Ramsgate, the nearest station is Minster, 2.5 kilometres away.
- 2.5kmMinster
- 3.0kmBirchington-on-Sea
- 3.6kmWestgate-on-Sea
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
