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Company No. 11113204
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Oak Tree House, The Paddocks, Ramsgate is recorded publicly as a modern freehold house across 3,164 ft2 of internal area, sitting on a 1,302 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of Oak Tree House, The Paddocks, Ramsgate is £706,043 and its rental estimate is £2,635 per month, given the available information and assuming reasonable condition.
Collards Close, Monkton, Ramsgate, CT12 falls within the CT12 postal district, in the borough of Thanet.
Oak Tree House, The Paddocks, Ramsgate has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated January 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.
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 Oak Tree House, The Paddocks, Ramsgate, we estimate a market value of £741,345 and a rental value of £2,767 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £656,620 and £2,450 per month respectively.
Over the last year, Oak Tree House, The Paddocks, Ramsgate has seen its estimated sale value move down by £39,078 (5.5%) and its estimated rental value decrease by £0 per month (0.0%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for Oak Tree House, The Paddocks, Ramsgate as measuring 1,302 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Oak Tree House, The Paddocks, Ramsgate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Oak Tree House, The Paddocks, Ramsgate completed on 13th November 2020 at £699,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 11.7% over the period since November 2020.
Over the past 2 years 3 properties similar to Oak Tree House, The Paddocks, Ramsgate have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th June 2020, was 91, Monkton Street, Ramsgate, CT12 4JQ, a freehold house which sold for £850,000.
Read more about house prices in CT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on Collards Close, Monkton, Ramsgate, CT12, Oak Tree House, The Paddocks, Ramsgate comes out as the largest and the most expensive in our analysis of the public data.
It is also £434k more expensive than the average property across the CT12 district.
From Oak Tree House, The Paddocks, Ramsgate, the nearest station is Minster, 3.0 kilometres away.
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 Oak Tree House, The Paddocks, Ramsgate, 48.2% of property is privately owned outright and 34.3% 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 Oak Tree House, The Paddocks, Ramsgate, 18.0% 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 Oak Tree House, The Paddocks, Ramsgate, the average age was 44.8 and the most common age was 57.
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 Oak Tree House, The Paddocks, Ramsgate, 1.6% 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 Oak Tree House, The Paddocks, Ramsgate, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
