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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, Ramsgate Road, Margate is a mid-century house with 1,151 ft2 of internal area.
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, Ramsgate Road, Margate is £225,117 and the estimated rental value is £1,219 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
2, Ramsgate Road, Margate has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Ramsgate Road, Margate is in very good condition we estimate a sale value of £236,372 and a rental value of £1,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,358 and a rental value of £1,133 per month.
Over the last 12 months the sale value of 2 Ramsgate Road Margate has decreased by an estimated £10,205 (4.5%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 6.5%.
2, Ramsgate Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ramsgate Road, Margate within a radius of 380 metres over the last 2 years.
The most recent example is 6, Vicarage Crescent, Margate, CT9 1LH, a freehold house which sold for £330,500 on the 18th August 2023.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsgate Road, Margate, CT9 has a total of 495 addresses. According to our analysis of all the public data, 2, Ramsgate Road, Margate is the 62nd largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in CT9.
The closest station to 2, Ramsgate Road, Margate is Margate station which is 900 metres away.
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, Ramsgate Road, Margate, 56.4% of property is privately rented and 21.8% is privately owned with a mortgage.
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, Ramsgate Road, Margate, 21.1% of residents are recorded as possessing school level qualifications and 28.1% 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, Ramsgate Road, Margate, the average age was 37.2 and the most common age was 32.
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, Ramsgate Road, Margate, 0.0% 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, Ramsgate Road, Margate, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
