Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 261, Ramsgate Road, Margate is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 772 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 261, Ramsgate Road, Margate is £215,278 and the estimated rental value is £1,236 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
261, Ramsgate Road, Margate has 3 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 261, Ramsgate Road, Margate is in very good condition we estimate a sale value of £226,042 and a rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,208 and a rental value of £1,150 per month.
Over the last 12 months the sale value of 261 Ramsgate Road Margate has decreased by an estimated £9,624 (4.5%) and its rental value has increased by an estimated £23 per month (1.8%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 261, Ramsgate Road, Margate was last sold on 13th April 2018 for £185,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2018, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261, Ramsgate Road, Margate within a radius of 910 metres over the last 2 years.
The most recent example is 8, Chapel Hill Close, Margate, CT9 4EW, a freehold house which sold for £255,000 on the 19th April 2024.
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, 261, Ramsgate Road, Margate is the 392nd largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in CT9.
The closest station to 261, Ramsgate Road, Margate is Margate station which is 1.9 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 261, Ramsgate Road, Margate, 29.5% of property is privately owned outright and 29.5% 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 261, Ramsgate Road, Margate, 17.8% of residents are recorded as possessing school level qualifications and 26.9% 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 261, Ramsgate Road, Margate, the average age was 39.2 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 261, Ramsgate Road, Margate, 0.8% 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 261, Ramsgate Road, Margate, 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.
