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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, 58, Harbour Parade, Ramsgate is £230,379 and the estimated rental value is £1,016 per month.
The apartment is within 58, Harbour Parade, Ramsgate, CT11.
Harbour Parade, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
Flat 2, 58, Harbour Parade, Ramsgate has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 2, 58, Harbour Parade, Ramsgate is in very good condition we estimate a sale value of £241,897 and a rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,252 and a rental value of £945 per month.
Over the last 12 months the sale value of Flat 2 58 Harbour Parade Ramsgate has decreased by an estimated £10,876 (4.7%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 5.3%.
Flat 2, 58, Harbour Parade, Ramsgate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2023.
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, Flat 2, 58, Harbour Parade, Ramsgate was last sold on 19th August 2016 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 58, Harbour Parade, Ramsgate within a radius of 400 metres over the last 2 years.
The most recent example is Flat 3, 58, Harbour Parade, Ramsgate, CT11 8LN, a leasehold flat which sold for £150,000 on the 2nd March 2022.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harbour Parade, Ramsgate, CT11 has a total of 59 addresses. According to our analysis of all the public data, Flat 2, 58, Harbour Parade, Ramsgate is the 39th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in CT11.
The closest station to Flat 2, 58, Harbour Parade, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 58, Harbour Parade, Ramsgate, 66.9% of property is privately rented and 15.6% 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 Flat 2, 58, Harbour Parade, Ramsgate, 17.5% of residents are recorded as possessing school level qualifications and 31.2% 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, 58, Harbour Parade, 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, 58, Harbour Parade, 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 Flat 2, 58, Harbour Parade, 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.