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Company No. 11113204
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According to the public record, 2 South Gateway Court, Victoria Parade, Ramsgate is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 South Gateway Court, Victoria Parade, Ramsgate is £214,393 and the estimated rental value is £942 per month.
The apartment is within 2, Victoria Parade, Ramsgate, CT11.
Victoria Parade, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
2 South Gateway Court, Victoria Parade, Ramsgate has 31 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 South Gateway Court, Victoria Parade, Ramsgate is in very good condition we estimate a sale value of £225,113 and a rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,385 and a rental value of £876 per month.
Over the last 12 months the sale value of 2 South Gateway Court Victoria Parade Ramsgate has decreased by an estimated £10,121 (4.7%) and its rental value has increased by an estimated £15 per month (1.6%), giving an expected gross yield of 5.3%.
2 South Gateway Court, Victoria Parade, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2022.
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 South Gateway Court, Victoria Parade, Ramsgate was last sold on 4th February 2011 for £152,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2011, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 South Gateway Court, Victoria Parade, Ramsgate within a radius of 440 metres over the last 2 years.
The most recent example is 15 South Gateway Court, Victoria Parade, Ramsgate, CT11 8DQ, a leasehold flat which sold for £250,000 on the 27th February 2024.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Parade, Ramsgate, CT11 has a total of 179 addresses. According to our analysis of all the public data, 2 South Gateway Court, Victoria Parade, Ramsgate is the 113th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in CT11.
The closest station to 2 South Gateway Court, Victoria Parade, Ramsgate is Dumpton Park station which is 1.1 kilometres 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 South Gateway Court, Victoria Parade, Ramsgate, 45.9% of property is privately rented and 40.3% is privately owned outright.
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 South Gateway Court, Victoria Parade, Ramsgate, 4.9% of residents are recorded as possessing school level qualifications and 26.8% 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 South Gateway Court, Victoria Parade, Ramsgate, the average age was 42.4 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 South Gateway Court, Victoria Parade, Ramsgate, 1.7% 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 South Gateway Court, Victoria Parade, Ramsgate, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
