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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, 374, Margate Road, Ramsgate is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,217 ft2 of internal area and sits on a 294 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 374, Margate Road, Ramsgate is £363,119 and the estimated rental value is £1,516 per month.
Margate Road, Ramsgate, CT12 is located in the borough of Thanet within the CT12 postal district.
374, Margate Road, Ramsgate has 21 entries in the Land Registry , most recently in July 2007 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 3 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 374, Margate Road, Ramsgate is in very good condition we estimate a sale value of £381,275 and a rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,701 and a rental value of £1,410 per month.
Over the last 12 months the sale value of 374 Margate Road Ramsgate has decreased by an estimated £19,710 (5.4%) and its rental value has increased by an estimated £13 per month (0.9%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 374, Margate Road, Ramsgate sits on a plot of 294m2.
We have plot size data on 20 out of 20 other houses in the postcode and 374, Margate Road, Ramsgate sits on the 20th largest plot.
According to HM Land Registry, 374, Margate Road, Ramsgate was last sold on 27th July 2007 for £213,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen 62.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 374, Margate Road, Ramsgate within a radius of 740 metres over the last 2 years.
The most recent example is 298, Margate Road, Ramsgate, CT12 6AL, a freehold house which sold for £340,000 on the 30th May 2023.
Read more about house prices in CT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margate Road, Ramsgate, CT12 has a total of 303 addresses. According to our analysis of all the public data, 374, Margate Road, Ramsgate is the 40th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in CT12.
The closest station to 374, Margate Road, Ramsgate is Ramsgate station which is 1.5 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 374, Margate Road, Ramsgate, 61.7% of property is privately owned outright and 22.6% 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 374, Margate Road, Ramsgate, 11.2% of residents are recorded as possessing school level qualifications and 18.5% 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 374, Margate Road, Ramsgate, the average age was 46.4 and the most common age was 72.
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 374, Margate Road, Ramsgate, 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 374, Margate Road, Ramsgate, 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.
