Average Price for property in Lorne Road, Ramsgate, CT11 is around £157,057 which varies based on type of property you are interested in and ranges from £294,254 for detached house to around £168,580 for semi-detached. Similarly terraced house is around £149,974. Values have been changing and have risen £637 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,831 in last 6 months, £12,235 in last 1 year, £22,462 in last 2 years, £25,571 in last 3 years, £20,250 in last 4 years and £22,830 in last 5 years.
Currently average asking price of a property in Lorne Road, Ramsgate, CT11 is around £195,664 based on approximately 1 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £636 per month.
Estimated property value in Lorne Road, Ramsgate, CT11 is £157,057. Average asking price is £195,664 while average price paid is £124,500 which is up by £12,235 and Avg. asking rent £636.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 Lorne Road, Ramsgate, CT11 area. In last 1 year alone average price buyer paid is around £124,500 based on approximately 1 sales in Lorne Road, Ramsgate, CT11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £107,750. 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 £106,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £107,200 per sale.