2 Prospect Court, Ramsgate
2 Prospect Court, Ramsgate
Description & Estimates
Public records show 2 Prospect Court, Ramsgate to be a mid-century leasehold apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
2 Prospect Court, Ramsgate has an estimated sale value of £116,271 and an estimated rental value of £714 per month, assuming reasonable condition and based on the information available.
The apartment sits within Prospect Court, Prospect Terrace, Ramsgate, CT11.
Prospect Terrace, Ramsgate, CT11 lies in the borough of Thanet, within the CT11 postal district.
Our Data Sources
2 Prospect Court, Ramsgate has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2 Prospect Court, Ramsgate would be worth £122,084, with a potential rental value of £750 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £108,132, with a rental value of £664 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2 Prospect Court, Ramsgate has moved down by £3,804 (3.3%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.6%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
2 Prospect Court, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2 Prospect Court, Ramsgate last changed hands on 20th May 2022, selling for £118,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 8.6% since May 2022.
- Sold May 2022£118,000
- Sold Sep 2003£58,500
- Sold Jun 1999£21,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 2 Prospect Court, Ramsgate across the last 2 years.
Most recently, 6 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD, a leasehold flat, sold at £120,000 on the 3rd July 2023.
Read more about house prices in CT11.
- Sold Jul 2023£120,000 | 1 Bed FlatProspect Terrace6 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
- Sold Apr 2022£127,500 | 1 Bed FlatProspect Terrace4 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
- Sold Jun 2021£140,000 | 1 Bed FlatProspect Terrace1 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2 Prospect Court, Ramsgate as the 22nd largest and the 21st most expensive of the 23 addresses on Prospect Terrace, Ramsgate, CT11.
Against the CT11 postcode district average, it is £143k less expensive than the typical property.
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Schools Nearby
- 700mPriory Infant School
- 800mChrist Church Church of England Junior School, Ramsgate
- 1.1kmSt Ethelbert's Catholic Primary School
- 600mChatham & Clarendon Grammar School
- 2.0kmThe Royal Harbour Academy
- 3.3kmDane Court Grammar School
More reading links
Public Transport Nearby
Ramsgate station is the nearest stop to 2 Prospect Court, Ramsgate at 1.4 kilometres away.
- 1.4kmRamsgate
- 1.7kmDumpton Park
- 3.5kmBroadstairs
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
