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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Watchester Lane, Ramsgate is a mid-century freehold house with 1,700 ft2 of internal area and sits on a 264 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Watchester Lane, Ramsgate is £400,401 and the estimated rental value is £1,668 per month.
Watchester Lane, Minster, Ramsgate, CT12 is located in the borough of Thanet within the CT12 postal district.
8, Watchester Lane, Ramsgate has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated December 2017.
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 8, Watchester Lane, Ramsgate is in very good condition we estimate a sale value of £420,422 and a rental value of £1,751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,373 and a rental value of £1,551 per month.
Over the last 12 months the sale value of 8 Watchester Lane Ramsgate has decreased by an estimated £21,734 (5.4%) and its rental value has increased by an estimated £14 per month (0.9%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 8, Watchester Lane, Ramsgate sits on a plot of 264m2.
We have plot size data on 28 out of 34 other houses in the postcode and 8, Watchester Lane, Ramsgate sits on the 23rd largest plot.
8, Watchester Lane, Ramsgate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Watchester Lane, Ramsgate was last sold on 31st March 2014 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Watchester Lane, Ramsgate within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 11, Watchester Lane, Ramsgate, CT12 4DA, a freehold house which sold for £465,000 on the 22nd January 2021.
Read more about house prices in CT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watchester Lane, Minster, Ramsgate, CT12 has a total of 34 addresses. According to our analysis of all the public data, 8, Watchester Lane, Ramsgate is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in CT12.
The closest station to 8, Watchester Lane, Ramsgate is Minster station which is 300 metres 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 8, Watchester Lane, Ramsgate, 36.7% of property is privately owned with a mortgage and 35.6% is privately owned outright.
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 8, Watchester Lane, Ramsgate, 17.9% of residents are recorded as possessing school level qualifications and 24.5% 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 8, Watchester Lane, Ramsgate, the average age was 44.8 and the most common age was 57.
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 8, Watchester Lane, Ramsgate, 0.2% 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 8, Watchester Lane, Ramsgate, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
