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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 7, Prospect Terrace, Ramsgate is a period freehold house with 2,734 ft2 of internal area and sits on a 134 m2 plot.
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, Prospect Terrace, Ramsgate is £807,162 and the estimated rental value is £2,884 per month.
Prospect Terrace, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
7, Prospect Terrace, Ramsgate has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property 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 7, Prospect Terrace, Ramsgate is in very good condition we estimate a sale value of £847,520 and a rental value of £3,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £750,661 and a rental value of £2,682 per month.
Over the last 12 months the sale value of 7 Prospect Terrace Ramsgate has decreased by an estimated £51,311 (6.4%) and its rental value has decreased by an estimated £1 per month (0.0%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Prospect Terrace, Ramsgate sits on a plot of 134m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Prospect Terrace, Ramsgate sits on the 5th largest plot.
7, Prospect Terrace, Ramsgate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Prospect Terrace, Ramsgate was last sold on 30th October 2023 for £815,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Prospect Terrace, Ramsgate within a radius of 430 metres over the last 2 years.
The most recent example is 9, Nelson Crescent, Ramsgate, CT11 9JF, a freehold house which sold for £900,000 on the 23rd June 2022.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Terrace, Ramsgate, CT11 has a total of 23 addresses. According to our analysis of all the public data, 7, Prospect Terrace, Ramsgate is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £550k more expensive than the average property in CT11.
The closest station to 7, Prospect Terrace, Ramsgate is Ramsgate station which is 1.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Prospect Terrace, Ramsgate, 48.8% of property is privately owned outright and 35.3% is privately 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 7, Prospect Terrace, Ramsgate, 8.9% of residents are recorded as possessing school level qualifications and 34.6% 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, Prospect Terrace, Ramsgate, the average age was 42.4 and the most common age was 52.
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, Prospect Terrace, Ramsgate, 1.2% 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, Prospect Terrace, Ramsgate, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
