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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
According to the public record, 277, Ramsgate Road, Margate is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 277, Ramsgate Road, Margate is £268,447 and the estimated rental value is £1,413 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
277, Ramsgate Road, Margate has 2 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 277, Ramsgate Road, Margate is in very good condition we estimate a sale value of £281,869 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,656 and a rental value of £1,314 per month.
Over the last 12 months the sale value of 277 Ramsgate Road Margate has decreased by an estimated £12,001 (4.5%) and its rental value has increased by an estimated £26 per month (1.8%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 277, Ramsgate Road, Margate sits on a plot of 183m2.
We have plot size data on 8 out of 8 other houses in the postcode and 277, Ramsgate Road, Margate sits on the 6th largest plot.
277, Ramsgate Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 277, Ramsgate Road, Margate was last sold on 15th January 2016 for £184,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2016, the market for similar properties has risen 41.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 277, Ramsgate Road, Margate within a radius of 910 metres over the last 2 years.
The most recent example is 7, Chapel Hill Close, Margate, CT9 4EW, a freehold house which sold for £250,000 on the 3rd November 2022.
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, 277, Ramsgate Road, Margate is the 87th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in CT9.
The closest station to 277, Ramsgate Road, Margate is Margate station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 277, Ramsgate Road, Margate, 41.2% of property is privately owned outright and 33.1% 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 277, Ramsgate Road, Margate, 20.4% of residents are recorded as possessing school level qualifications and 20.4% 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 277, 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 277, Ramsgate Road, Margate, 2.0% 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 277, 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.
