Flat 1, 119
Flat 1, 119
Description & Estimates
Flat 1, 119, Southwood Road, Ramsgate is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 119, Southwood Road, Ramsgate is £145,899 and its rental estimate is £745 per month, given the available information and assuming reasonable condition.
119, Southwood Road is a residential building on Southwood Road, Ramsgate, CT11 and falls within the CT11 postal district and the borough of Thanet.
Our Data Sources
Flat 1, 119, Southwood Road, Ramsgate has 3 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 119, Southwood Road, Ramsgate, we estimate a market value of £153,194 and a rental value of £782 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,686 and £692 per month respectively.
Recent Market Change
Over the last year, Flat 1, 119, Southwood Road, Ramsgate has seen its estimated sale value move down by £4,773 (3.3%) and its estimated rental value increase by £20 per month (2.6%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 1, 119, Southwood Road, Ramsgate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 119, Southwood Road, Ramsgate completed on 23rd April 2021 at £158,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.7% over the period since April 2021.
- Sold Apr 2021£158,000
- Sold Aug 2016£125,000
- Sold May 2007£575,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 119, Southwood Road, Ramsgate have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was Flat 1, 25, St. Lawrence Chase, Ramsgate, CT11 0RD, a leasehold flat which sold for £178,000.
Read more about house prices in CT11.
- Sold Aug 2024£178,000 | 1 Bed FlatFlat 1, 25, St. Lawrence Chase, Ramsgate, CT11 0RDFlat 1, 25, St. Lawrence Chase, Ramsgate, CT11 0RD
- Sold Jun 2022£132,000 | 1 Bed Flat22 The Edge, High Street, Ramsgate, CT11 0QP22 The Edge, High Street, Ramsgate, CT11 0QP
- Sold Nov 2016£148,000 | 1 Bed FlatFlat 2, 119, Southwood Road, Ramsgate, CT11 0AZFlat 2, 119, Southwood Road, Ramsgate, CT11 0AZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 184 addresses on Southwood Road, Ramsgate, CT11, Flat 1, 119, Southwood Road, Ramsgate comes out as the 183rd largest and the 176th most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the CT11 district.
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Schools Nearby
- 300mEllington Infant School
- 500mChrist Church Church of England Junior School, Ramsgate
- 600mSt Laurence In Thanet Church of England Junior Academy
- 1.0kmChatham & Clarendon Grammar School
- 1.7kmThe Royal Harbour Academy
- 3.1kmDane Court Grammar School
More reading links
Public Transport Nearby
From Flat 1, 119, Southwood Road, Ramsgate, the nearest station is Ramsgate, 800 metres away.
- 800mRamsgate
- 2.0kmDumpton Park
- 3.1kmThanet Parkway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
