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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Lorne Road, Ramsgate is a period freehold house with 1,603 ft2 of internal area and sits on a 238 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lorne Road, Ramsgate is £325,794 and the estimated rental value is £1,495 per month.
Lorne Road, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
2, Lorne Road, Ramsgate has 31 entries in the Land Registry , most recently in June 2017 and a single entry in the EPC database dated December 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lorne Road, Ramsgate is in very good condition we estimate a sale value of £342,084 and a rental value of £1,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,988 and a rental value of £1,390 per month.
Over the last 12 months the sale value of 2 Lorne Road Ramsgate has decreased by an estimated £16,865 (5.2%) and its rental value has increased by an estimated £17 per month (1.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Lorne Road, Ramsgate sits on a plot of 238m2.
We have plot size data on 13 out of 15 other houses in the postcode and 2, Lorne Road, Ramsgate sits on the largest plot.
2, Lorne Road, Ramsgate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lorne Road, Ramsgate was last sold on 22nd June 2017 for £340,800 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2017, the market for similar properties has risen 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lorne Road, Ramsgate within a radius of 370 metres over the last 2 years.
The most recent example is 95, Grange Road, Ramsgate, CT11 9QB, a freehold house which sold for £348,000 on the 24th February 2023.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Road, Ramsgate, CT11 has a total of 48 addresses. According to our analysis of all the public data, 2, Lorne Road, Ramsgate is the largest and the most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in CT11.
The closest station to 2, Lorne Road, Ramsgate is Ramsgate station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lorne Road, Ramsgate, 37.9% of property is privately owned with a mortgage and 36.4% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lorne Road, Ramsgate, 21.9% of residents are recorded as possessing school level qualifications and 33.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lorne Road, Ramsgate, the average age was 37.9 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lorne Road, Ramsgate, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lorne Road, Ramsgate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
