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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, 5A, Spencer Street, Ramsgate is a period house with 505 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5A, Spencer Street, Ramsgate is £193,500 and the estimated rental value is £917 per month.
Spencer Street, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
5A, Spencer Street, Ramsgate has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data 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 5A, Spencer Street, Ramsgate is in very good condition we estimate a sale value of £203,175 and a rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,955 and a rental value of £853 per month.
Over the last 12 months the sale value of 5A Spencer Street Ramsgate has decreased by an estimated £9,099 (4.7%) and its rental value has increased by an estimated £16 per month (1.7%), giving an expected gross yield of 5.7%.
5A, Spencer Street, Ramsgate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2022.
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, 5A, Spencer Street, Ramsgate was last sold on 10th August 2000 for £45,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Spencer Street, Ramsgate within a radius of 400 metres over the last 2 years.
The most recent example is 39, Albert Street, Ramsgate, CT11 9EX, a freehold house which sold for £185,000 on the 25th June 2021.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Street, Ramsgate, CT11 has a total of 8 addresses. According to our analysis of all the public data, 5A, Spencer Street, Ramsgate is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in CT11.
The closest station to 5A, Spencer Street, Ramsgate is Ramsgate station which is 1.3 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 5A, Spencer Street, Ramsgate, 54.3% of property is privately rented and 20.3% 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 5A, Spencer Street, Ramsgate, 16.8% of residents are recorded as possessing school level qualifications and 36.4% 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 5A, Spencer Street, 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 5A, Spencer Street, Ramsgate, 0.0% 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 5A, Spencer Street, 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.
