Hopes Lane, Ramsgate, CT12

Street Guide For Hopes Lane, Ramsgate, CT12

 
 

Hopes Lane, Ramsgate, CT12 Map

Estimated Price: £202,375
Average Asking Price: £231,196
Price change in last one year: £16,445
Average Price Paid: £170,999
Average Rent Rates: £678

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

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Property Prices Breakdown in Hopes Lane, Ramsgate, CT12

Average Price for property in Hopes Lane, Ramsgate, CT12 is around £202,375 which varies based on type of property you are interested in and ranges from £224,221 for detached house to around £195,152 for semi-detached. Similarly terraced house is around £127,986 and a flat is worth £139,745. Values have been changing and have risen £631 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,357 in last 6 months, £16,445 in last 1 year, £27,863 in last 2 years, £28,548 in last 3 years, £19,746 in last 4 years and £25,766 in last 5 years.

Currently average asking price of a property in Hopes Lane, Ramsgate, CT12 is around £231,196 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £678 per month.

Estimated property value in Hopes Lane, Ramsgate, CT12 is £202,375. Average asking price is £231,196 while average price paid is £210,000 which is up by £16,445 and Avg. asking rent £678.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hopes Lane, Ramsgate, CT12 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Hopes Lane, Ramsgate, CT12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £184,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £170,999 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £165,713 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £75,832, £181,413 for a 2 bedroom house, £257,507 for a 3 bedroom house, £329,199 for a 4 bedroom house and £409,832 for a 5 bedroom house. For a flat similarly the prices varies from £83,789 for a single bedroom to £126,800 for a 2 bedroom Flat. To sum up the asking prices for properties in Hopes Lane, Ramsgate, CT12 it comes to around average £79,449 for 1 bedroom property, £174,366 for 2 bedroom, £257,507 for 3 bedroom, £329,199 for 4 bedroom and £409,832 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £876 for 2 bedroom to £757 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £587. You should be generally be expecting around average £474 rent per month for single bedroom property, £818 for 2 bedroom and approximately £757 for 3 bedroom property in Hopes Lane, Ramsgate, CT12 area.

Popular Houses in Hopes Lane, Ramsgate, CT12

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Hopes Lane, Ramsgate, CT12