Minster Road, Monkton, Ramsgate, CT12

Street Guide For Minster Road, Monkton, Ramsgate, CT12

 
 

Minster Road, Monkton, Ramsgate, CT12 Map

Estimated Price: £255,698
Average Asking Price: £231,196
Price change in last one year: £20,834
Average Price Paid: £199,813
Average Rent Rates: £678

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

Free House valuation

 

Property Prices Breakdown in Minster Road, Monkton, Ramsgate, CT12

Average Price for property in Minster Road, Monkton, Ramsgate, CT12 is around £255,698 which varies based on type of property you are interested in and ranges from £280,684 for detached house to around £273,091 for semi-detached. Similarly terraced house is around £270,449 and a flat is worth £154,241. Values have been changing and have risen £800 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,986 in last 6 months, £20,834 in last 1 year, £35,300 in last 2 years, £36,167 in last 3 years, £25,013 in last 4 years and £32,640 in last 5 years.

Currently average asking price of a property in Minster Road, Monkton, Ramsgate, CT12 is around £231,196 based on approximately 3 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 Minster Road, Monkton, Ramsgate, CT12 is £255,698. Average asking price is £231,196 while average price paid is £188,331 which is up by £20,834 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 Minster Road, Monkton, Ramsgate, CT12 area. In last 1 year alone average price buyer paid is around £188,331 based on approximately 3 sales in Minster Road, Monkton, Ramsgate, CT12 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £208,730. 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 £199,813 for 62 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £200,556 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 Minster Road, Monkton, 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 Minster Road, Monkton, Ramsgate, CT12 area.

Popular Houses in Minster Road, Monkton, 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 Minster Road, Monkton, Ramsgate, CT12