Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 2, 5, Prospect Terrace, Ramsgate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 612 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 5, Prospect Terrace, Ramsgate is £219,162 and the estimated rental value is £967 per month.
The apartment is within 5, Prospect Terrace, Ramsgate, CT11.
Prospect Terrace, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
Flat 2, 5, Prospect Terrace, Ramsgate has 21 entries in the Land Registry , most recently in September 2007 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 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 Flat 2, 5, Prospect Terrace, Ramsgate is in very good condition we estimate a sale value of £230,120 and a rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,821 and a rental value of £900 per month.
Over the last 12 months the sale value of Flat 2 5 Prospect Terrace Ramsgate has decreased by an estimated £10,346 (4.7%) and its rental value has increased by an estimated £15 per month (1.6%), giving an expected gross yield of 5.3%.
According to HM Land Registry, Flat 2, 5, Prospect Terrace, Ramsgate was last sold on 19th September 2007 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 5, Prospect Terrace, Ramsgate within a radius of 430 metres over the last 2 years.
The most recent example is 11B, Paragon, Ramsgate, CT11 9JX, a leasehold flat which sold for £155,000 on the 21st October 2022.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Terrace, Ramsgate, CT11 has a total of 23 addresses. According to our analysis of all the public data, Flat 2, 5, Prospect Terrace, Ramsgate is the 12th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in CT11.
The closest station to Flat 2, 5, Prospect Terrace, Ramsgate is Ramsgate station which is 1.4 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 Flat 2, 5, Prospect Terrace, Ramsgate, 48.8% of property is privately owned outright and 35.3% is privately rented.
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 Flat 2, 5, Prospect Terrace, Ramsgate, 8.9% of residents are recorded as possessing school level qualifications and 34.6% 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 Flat 2, 5, Prospect Terrace, 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 Flat 2, 5, Prospect Terrace, Ramsgate, 1.2% 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 Flat 2, 5, Prospect Terrace, 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.
