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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 4, 49, Ramsgate Road, Margate is a period apartment with 548 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 4, 49, Ramsgate Road, Margate is £126,106 and the estimated rental value is £860 per month.
The apartment is within 49, Ramsgate Road, Margate, CT9.
Ramsgate Road, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Flat 4, 49, Ramsgate Road, Margate has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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.
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 4, 49, Ramsgate Road, Margate is in very good condition we estimate a sale value of £132,412 and a rental value of £904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,279 and a rental value of £800 per month.
Over the last 12 months the sale value of Flat 4 49 Ramsgate Road Margate has decreased by an estimated £5,752 (4.6%) and its rental value has increased by an estimated £15 per month (1.8%), giving an expected gross yield of 8.2%.
Flat 4, 49, Ramsgate Road, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 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 4, 49, Ramsgate Road, Margate was last sold on 8th August 2006 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 49, Ramsgate Road, Margate within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 51, Ramsgate Road, Margate, CT9 5RT, a leasehold flat which sold for £85,000 on the 31st March 2022.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ramsgate Road, Margate, CT9 has a total of 495 addresses. According to our analysis of all the public data, Flat 4, 49, Ramsgate Road, Margate is the 451st largest and the 456th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in CT9.
The closest station to Flat 4, 49, Ramsgate Road, Margate is Margate station which is 1.0 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 4, 49, Ramsgate Road, Margate, 41.4% of property is privately rented and 24.2% 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 4, 49, Ramsgate Road, Margate, 23.2% of residents are recorded as possessing school level qualifications and 30.9% 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 4, 49, Ramsgate Road, Margate, the average age was 37.2 and the most common age was 32.
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 4, 49, Ramsgate Road, Margate, 1.0% 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 4, 49, Ramsgate Road, Margate, 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.
