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.