5 Prospect Court, Ramsgate
5 Prospect Court, Ramsgate
Description & Estimates
5 Prospect Court, Ramsgate is described in the public record as a mid-century apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 5 Prospect Court, Ramsgate is £119,150 and its rental estimate is £729 per month, given the available information and assuming reasonable condition.
Prospect Court, Prospect Terrace is a residential building on Prospect Terrace, Ramsgate, CT11 and falls within the CT11 postal district and the borough of Thanet.
Our Data Sources
5 Prospect Court, Ramsgate has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5 Prospect Court, Ramsgate, we estimate a market value of £125,108 and a rental value of £765 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,810 and £678 per month respectively.
Recent Market Change
Over the last year, 5 Prospect Court, Ramsgate has seen its estimated sale value drop by £3,898 (3.3%) and its estimated rental value rise by £19 per month (2.6%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
5 Prospect Court, Ramsgate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5 Prospect Court, Ramsgate completed on 25th June 2004 at £117,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
- Sold Jun 2004£117,000
- Sold May 2002£59,995
- Sold Jan 1998£32,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 Prospect Court, Ramsgate have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th May 2022, was 2 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD, a leasehold flat which sold for £118,000.
Read more about house prices in CT11.
- Sold May 2022£118,000 | 1 Bed FlatProspect Terrace2 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
- Sold Apr 2022£127,500 | 1 Bed FlatProspect Terrace4 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
- Sold Jun 2021£140,000 | 1 Bed FlatProspect Terrace1 Prospect Court, Prospect Terrace, Ramsgate, CT11 9JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 23 addresses on Prospect Terrace, Ramsgate, CT11, 5 Prospect Court, Ramsgate comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the CT11 district.
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Schools Nearby
- 700mPriory Infant School
- 800mChrist Church Church of England Junior School, Ramsgate
- 1.1kmSt Ethelbert's Catholic Primary School
- 600mChatham & Clarendon Grammar School
- 2.0kmThe Royal Harbour Academy
- 3.3kmDane Court Grammar School
More reading links
Public Transport Nearby
From 5 Prospect Court, Ramsgate, the nearest station is Ramsgate, 1.4 kilometres away.
- 1.4kmRamsgate
- 1.7kmDumpton Park
- 3.5kmBroadstairs
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
