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According to the public record, 82, Ramsgate Road, Margate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 740 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 82, Ramsgate Road, Margate is £121,435 and the estimated rental value is £662 per month.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
82, Ramsgate Road, Margate has 41 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 82, Ramsgate Road, Margate is in very good condition we estimate a sale value of £127,507 and a rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,934 and a rental value of £616 per month.
Over the last 12 months the sale value of 82 Ramsgate Road Margate has decreased by an estimated £5,727 (4.7%) and its rental value has increased by an estimated £11 per month (1.6%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 82, Ramsgate Road, Margate was last sold on 11th April 2008 for £113,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2008, the market for similar properties has risen 76.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 82, Ramsgate Road, Margate within a radius of 500 metres over the last 2 years.
The most recent example is 2A, St. Annes Gardens, Margate, CT9 4DL, a leasehold flat which sold for £80,000 on the 18th August 2009.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsgate Road, Margate, CT9 has a total of 495 addresses. According to our analysis of all the public data, 82, Ramsgate Road, Margate is the 403rd largest and the 460th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CT9.
The closest station to 82, Ramsgate Road, Margate is Margate station which is 1.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 82, Ramsgate Road, Margate, 41.4% of property is privately rented and 24.2% 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 82, Ramsgate Road, Margate, 23.2% of residents are recorded as possessing school level qualifications and 30.9% 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 82, Ramsgate Road, Margate, the average age was 37.2 and the most common age was 32.
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 82, Ramsgate Road, Margate, 1.0% 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 82, Ramsgate Road, Margate, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.