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According to the public record, Flat 3, 16, Wellington Crescent, Ramsgate is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 16, Wellington Crescent, Ramsgate is £203,217 and the estimated rental value is £910 per month.
The apartment is within 16, Wellington Crescent, Ramsgate, CT11.
Wellington Crescent, Ramsgate, CT11 is located in the borough of Thanet within the CT11 postal district.
Flat 3, 16, Wellington Crescent, Ramsgate has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2022.
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 3, 16, Wellington Crescent, Ramsgate is in very good condition we estimate a sale value of £213,378 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,992 and a rental value of £847 per month.
Over the last 12 months the sale value of Flat 3 16 Wellington Crescent Ramsgate has decreased by an estimated £7,679 (3.8%) and its rental value has increased by an estimated £25 per month (2.7%), giving an expected gross yield of 5.4%.
Flat 3, 16, Wellington Crescent, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 16, Wellington Crescent, Ramsgate was last sold on 14th October 2022 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 16, Wellington Crescent, Ramsgate within a radius of 350 metres over the last 2 years.
The most recent example is Flat 1, 68, Harbour Parade, Ramsgate, CT11 8LN, a leasehold flat which sold for £200,000 on the 28th September 2023.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Crescent, Ramsgate, CT11 has a total of 215 addresses. According to our analysis of all the public data, Flat 3, 16, Wellington Crescent, Ramsgate is the 117th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in CT11.
The closest station to Flat 3, 16, Wellington Crescent, Ramsgate is Dumpton Park 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 3, 16, Wellington Crescent, Ramsgate, 53.1% of property is privately rented and 23.1% is privately owned with a mortgage.
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 3, 16, Wellington Crescent, Ramsgate, 15.6% of residents are recorded as possessing school level qualifications and 38.4% 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 Flat 3, 16, Wellington Crescent, 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 3, 16, Wellington Crescent, Ramsgate, 1.3% 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 3, 16, Wellington Crescent, Ramsgate, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.