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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, 317, Ramsgate Road, Margate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,105 ft2 of internal area and sits on a 582 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 317, Ramsgate Road, Margate is £335,473 and the estimated rental value is £1,519 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
317, Ramsgate Road, Margate has a single entry in the Land Registry from March 2011 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 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 317, Ramsgate Road, Margate is in very good condition we estimate a sale value of £352,246 and a rental value of £1,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,989 and a rental value of £1,413 per month.
Over the last 12 months the sale value of 317 Ramsgate Road Margate has decreased by an estimated £15,207 (4.5%) and its rental value has increased by an estimated £27 per month (1.8%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 317, Ramsgate Road, Margate sits on a plot of 582m2.
We have plot size data on 14 out of 14 other houses in the postcode and 317, Ramsgate Road, Margate sits on the 9th largest plot.
According to HM Land Registry, 317, Ramsgate Road, Margate was last sold on 21st March 2011 for £193,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2011, the market for similar properties has risen 98.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 317, Ramsgate Road, Margate within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 58, Gordon Road, Margate, CT9 4DZ, a freehold house which sold for £280,000 on the 25th June 2021.
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, 317, Ramsgate Road, Margate is the 74th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in CT9.
The closest station to 317, Ramsgate Road, Margate is Broadstairs station which is 2.7 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 317, Ramsgate Road, Margate, 33.2% of property is privately owned outright and 32.7% 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 317, Ramsgate Road, Margate, 18.6% of residents are recorded as possessing school level qualifications and 28.5% 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 317, 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 317, 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 317, 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.
