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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Cherry Tree Gardens, Ramsgate is £534,892 and the estimated rental value is £2,117 per month.
Cherry Tree Gardens, Ramsgate, CT12 is located in the borough of Thanet within the CT12 postal district.
7, Cherry Tree Gardens, Ramsgate has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Cherry Tree Gardens, Ramsgate is in very good condition we estimate a sale value of £561,637 and a rental value of £2,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,450 and a rental value of £1,969 per month.
Over the last 12 months the sale value of 7 Cherry Tree Gardens Ramsgate has decreased by an estimated £33,687 (6.3%) and its rental value has increased by an estimated £4 per month (0.2%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 7, Cherry Tree Gardens, Ramsgate sits on a plot of 524m2.
We have plot size data on 20 out of 20 other houses in the postcode and 7, Cherry Tree Gardens, Ramsgate sits on the 6th largest plot.
7, Cherry Tree Gardens, Ramsgate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 7, Cherry Tree Gardens, Ramsgate was last sold on 30th May 2008 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 114.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Cherry Tree Gardens, Ramsgate within a radius of 780 metres over the last 2 years.
The most recent example is 1, Violet Avenue, Ramsgate, CT12 6TH, a freehold house which sold for £550,000 on the 9th September 2022.
Read more about house prices in CT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Gardens, Ramsgate, CT12 has a total of 20 addresses. According to our analysis of all the public data, 7, Cherry Tree Gardens, Ramsgate is the largest and the most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in CT12.
The closest station to 7, Cherry Tree Gardens, Ramsgate is Ramsgate station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Cherry Tree Gardens, Ramsgate, 52.5% of property is privately owned outright and 27.5% 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 7, Cherry Tree Gardens, Ramsgate, 10.4% of residents are recorded as possessing school level qualifications and 21.9% 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 7, Cherry Tree Gardens, 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 7, Cherry Tree Gardens, 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 7, Cherry Tree Gardens, 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.