Flat 1, Belmont House 2B
Flat 1, Belmont House 2B
Description & Estimates
Flat 1, Belmont House 2B, Ramsgate is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Belmont House 2B, Ramsgate is £261,183 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Belmont House, Pegwell Road is a residential building on Pegwell Road, Ramsgate, CT11 and falls within the CT11 postal district and the borough of Thanet.
Our Data Sources
Flat 1, Belmont House 2B, Ramsgate has 21 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated May 2019.
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, Belmont House 2B, Ramsgate, we estimate a market value of £274,242 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £242,900 and £1,046 per month respectively.
Recent Market Change
Over the last year, Flat 1, Belmont House 2B, Ramsgate has seen its estimated sale value fall by £9,812 (3.8%) and its estimated rental value move up by £23 per month (2.1%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 1, Belmont House 2B, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Belmont House 2B, Ramsgate completed on 11th July 2019 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 38.4% over the period since July 2019.
- Sold Jul 2019£250,000
- Sold Jan 2006£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Belmont House 2B, Ramsgate have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2024, was Flat 3, Belmont House 2B, Pegwell Road, Ramsgate, CT11 0GD, a leasehold flat which sold for £265,000.
Read more about house prices in CT11.
- Sold Nov 2024£265,000 | 2 Bed FlatBelmont House 2B, Pegwell RoadFlat 3, Belmont House 2B, Pegwell Road, Ramsgate, CT11 0GD
- Sold Nov 2019£212,500 | 2 Bed FlatBelmont House 2B, Pegwell RoadFlat 15, Belmont House 2B, Pegwell Road, Ramsgate, CT11 0GD
- Sold Aug 2019£342,000 | 2 Bed FlatBelmont House 2B, Pegwell RoadFlat 17, Belmont House 2B, Pegwell Road, Ramsgate, CT11 0GD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 140 addresses on Pegwell Road, Ramsgate, CT11, Flat 1, Belmont House 2B, Ramsgate comes out as the 99th largest and the 101st most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the CT11 district.
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Schools Nearby
- 300mChrist Church Church of England Junior School, Ramsgate
- 800mChilton Primary School
- 1.0kmEllington Infant School
- 1.3kmChatham & Clarendon Grammar School
- 2.3kmThe Royal Harbour Academy
- 3.8kmDane Court Grammar School
More reading links
Public Transport Nearby
From Flat 1, Belmont House 2B, Ramsgate, the nearest station is Ramsgate, 1.4 kilometres away.
- 1.4kmRamsgate
- 2.5kmDumpton 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.
