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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
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Flat 6, Capitol House 1, Ramsgate is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 6, Capitol House 1, Ramsgate is £100,383 and its rental estimate is £658 per month, given the available information and assuming reasonable condition.
Capitol House, Broad Street is a residential building on Broad Street, Ramsgate, CT11 and falls within the CT11 postal district and the borough of Thanet.
Flat 6, Capitol House 1, Ramsgate has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated May 2021.
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.
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 6, Capitol House 1, Ramsgate, we estimate a market value of £105,402 and a rental value of £691 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,356 and £612 per month respectively.
Over the last year, Flat 6, Capitol House 1, Ramsgate has seen its estimated sale value decline by £3,771 (3.8%) and its estimated rental value climb by £14 per month (2.1%). This results in an estimated gross rental yield of 7.9%.
Flat 6, Capitol House 1, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 6, Capitol House 1, Ramsgate completed on 29th June 2021 at £97,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.7% over the period since June 2021.
Over the past 2 years 3 properties similar to Flat 6, Capitol House 1, Ramsgate have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2024, was Flat 7, 1, Camden Road, Ramsgate, CT11 8HW, a leasehold flat which sold for £135,000.
Read more about house prices in CT11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on Broad Street, Ramsgate, CT11, Flat 6, Capitol House 1, Ramsgate comes out as the 31st largest and the 37th most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the CT11 district.
From Flat 6, Capitol House 1, Ramsgate, the nearest station is Ramsgate, 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Capitol House 1, 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 6, Capitol House 1, 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 6, Capitol House 1, 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 6, Capitol House 1, 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 6, Capitol House 1, 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.
