The Downs, Royal Esplanade, Ramsgate, CT11

Street Guide For The Downs, Royal Esplanade, Ramsgate, CT11

 
 

The Downs, Royal Esplanade, Ramsgate, CT11 Map

Estimated Price: £244,284
Average Asking Price: £195,664
Price change in last one year: £18,506
Average Price Paid: £197,500
Average Rent Rates: £636

Redstones
Marlowe Innovation Centre, Marlowe Way, Ramsgate,

Free House valuation

 

Property Prices Breakdown in The Downs, Royal Esplanade, Ramsgate, CT11

Average Price for property in The Downs, Royal Esplanade, Ramsgate, CT11 is around £244,284 e.g. average price for a flat is around 244,284. Values have been changing and have risen £963 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,281 in last 6 months, £18,506 in last 1 year, £33,977 in last 2 years, £38,679 in last 3 years, £30,628 in last 4 years and £34,529 in last 5 years.

Currently average asking price of a property in The Downs, Royal Esplanade, Ramsgate, CT11 is around £195,664 based on approximately 0 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 The Downs, Royal Esplanade, Ramsgate, CT11 is £244,284. Average asking price is £195,664 while average price paid is £165,000 which is up by £38,679 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 The Downs, Royal Esplanade, Ramsgate, CT11 area. In last 3 years alone average price buyer paid is around £165,000 based on approximately 1 sales in The Downs, Royal Esplanade, Ramsgate, CT11 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £197,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £202,000 for 4 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 £196,648, £165,929 for a 2 bedroom house, £206,059 for a 3 bedroom house, £252,160 for a 4 bedroom house and £390,473 for a 5 bedroom house. For a flat similarly the prices varies from £94,078 for a single bedroom to £148,988 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £197,267 and £325,000 for a 5 bedroom flat. To sum up the asking prices for properties in The Downs, Royal Esplanade, Ramsgate, CT11 it comes to around average £98,671 for 1 bedroom property, £154,517 for 2 bedroom, £204,947 for 3 bedroom, £252,160 for 4 bedroom and £387,626 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 £394 for 1 bedroom to £618 for 2 bedrooms, £737 for 3 bedrooms, £724 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £447. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £645, £641 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £443 rent per month for single bedroom property, £640 for 2 bedroom, £701 for 3 bedroom, £1,174 for 4 bedroom and approximately £1,200 for a 5 bedroom property in The Downs, Royal Esplanade, Ramsgate, CT11 area.

Popular Houses in The Downs, Royal Esplanade, Ramsgate, CT11

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 The Downs, Royal Esplanade, Ramsgate, CT11