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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, 5, The Downs, Ramsgate is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 720 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Downs, Ramsgate is £261,069 and the estimated rental value is £1,100 per month.
The Downs, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
5, The Downs, Ramsgate has 21 entries in the Land Registry , most recently in April 2008 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 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 5, The Downs, Ramsgate is in very good condition we estimate a sale value of £274,122 and a rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,794 and a rental value of £1,023 per month.
Over the last 12 months the sale value of 5 The Downs Ramsgate has decreased by an estimated £12,324 (4.7%) and its rental value has increased by an estimated £17 per month (1.6%), giving an expected gross yield of 5.1%.
According to HM Land Registry, 5, The Downs, Ramsgate was last sold on 11th April 2008 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2008, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Downs, Ramsgate within a radius of 540 metres over the last 2 years.
The most recent example is 3, The Downs, Ramsgate, CT11 0EZ, a leasehold flat which sold for £245,000 on the 13th February 2018.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Downs, Ramsgate, CT11 has a total of 8 addresses. According to our analysis of all the public data, 5, The Downs, Ramsgate is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in CT11.
The closest station to 5, The Downs, Ramsgate is Ramsgate station which is 1.4 kilometres away.
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 5, The Downs, Ramsgate, 41.1% of property is privately owned outright and 31.4% is socially rented.
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 5, The Downs, Ramsgate, 15.9% of residents are recorded as possessing school level qualifications and 25.9% 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 5, The Downs, Ramsgate, the average age was 48.5 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 5, The Downs, Ramsgate, 1.1% 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 5, The Downs, Ramsgate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
