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According to the public record, 3, Chatham Place, Ramsgate is a modern leasehold apartment with 928 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Chatham Place, Ramsgate is £186,739 and the estimated rental value is £921 per month.
The apartment is within 3, Chatham Place, Ramsgate, CT11.
Chatham Place, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
3, Chatham Place, Ramsgate has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that 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 3, Chatham Place, Ramsgate is in very good condition we estimate a sale value of £196,075 and a rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,667 and a rental value of £857 per month.
Over the last 12 months the sale value of 3 Chatham Place Ramsgate has decreased by an estimated £12,165 (6.5%) and its rental value has decreased by an estimated £3 per month (0.4%), giving an expected gross yield of 5.9%.
3, Chatham Place, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Chatham Place, Ramsgate was last sold on 3rd December 2019 for £295,630 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has risen 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Chatham Place, Ramsgate within a radius of 370 metres over the last 2 years.
The most recent example is Flat 6, 4, Chatham Place, Ramsgate, CT11 7PT, a leasehold flat which sold for £212,000 on the 13th May 2020.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chatham Place, Ramsgate, CT11 has a total of 30 addresses. According to our analysis of all the public data, 3, Chatham Place, Ramsgate is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in CT11.
The closest station to 3, Chatham Place, Ramsgate is Ramsgate station which is 800 metres 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 3, Chatham Place, Ramsgate, 42.3% of property is privately rented and 28.2% 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 3, Chatham Place, Ramsgate, 18.6% of residents are recorded as possessing school level qualifications and 38.9% 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 3, Chatham Place, Ramsgate, the average age was 37.9 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 3, Chatham Place, Ramsgate, 0.9% 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 3, Chatham Place, Ramsgate, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
