Ramsgate Road, Margate, CT9 5RT
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Ramsgate Road, Margate, CT9 5RT

By Footprints, Powered by eXp UK

£ 495,000

Reviews

3 out of 5 stars

Footprints, Powered by eXp UK says ..

Substantial Family Home with Multi Optional Living in Margate

Property Oracle says ..

Location: Ramsgate Road is located in the Salmestone area of Margate, Thanet, Kent. The property benefits from being close to several primary schools which are all rated ‘Good’ by Ofsted. Margate railway station is also within reasonable proximity, providing convenient access to other towns and cities.

Condition: The property appears to be in good condition. The interior photos show a recently modernised kitchen and bathrooms, and the bedrooms are presented well. There is no visible evidence of significant repair or renovation needs.

Land: The property includes a garden, which appears to be of a reasonable size based on the external photos. The plot size is 2,802 square feet.

Price: The list price of £495,000 is significantly higher than the average house price in the area (£321,534). However, this property is substantially larger than the average property size (1,883 sq ft vs 736 sq ft). The average price per square foot in the area is £436, whereas this property equates to approximately £263 per square foot. Considering the size, condition, and location, the list price may be considered reasonable, although at the higher end of the market. It’s important to note that the available data on nearby properties does not provide sufficient comparable square footage data to draw a more definitive conclusion.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
7
Bedrooms
6
Bathrooms
2
Sqft (est)
1,883.42
Lot (est)
2,802.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
399,167.00 £
Increased by 39.41 %
from 286,322.00 £
Est sale value
538,658.12 £
Decreased by 1.38 %
from 546,191.80 £
Average area rental value
1,088.00 £/mo
Decreased by 5.39 %
from 1,150.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,883.42 £/mo
Est rental Yield
3.27 %
Decreased by 32.16 %
from 4.82 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Footprints, Powered by eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
Salmestone Primary SchoolAcademy Sponsor LedGood0.32 KM
Six Bells Children'S CentreChildren's Centre0.40 KM
Margate, Holy Trinity And St John'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.58 KM
St Gregory'S Catholic Primary School, MargateAcademy ConverterGood0.69 KM
Drapers Mills Primary AcademyAcademy Sponsor LedGood1.14 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Alexandra Terrace £ 000.00 KM
Church Street £ 000.00 KM
Homestead Close £ 000.00 KM
Shakespeare Road £ 000.00 KM
Addiscombe Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Margate5018MAR1.38 KM
Westgate-On-Sea5195WGA4.99 KM
Ramsgate5023RAM5.11 KM
Broadstairs5006BSR5.96 KM
Dumpton Park5034DMP6.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Two Bedrooms Ground Floor Flat, Ramsgate Road, Margate £ 160,000BUY5 / 100.00 KM
Ramsgate Road, Margate, CT9 5RT £ 495,000BUY7 / 100.00 KM
Ramsgate Road, Margate, CT9 £ 155,000BUY7 / 100.01 KM
Ramsgate Road, Margate £ 110,000BUY6 / 100.01 KM
Ramsgate Road, Margate £ 155,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
29b Ramsgate Road £ 60,0000.01 KM
47 Ramsgate Road £ 225,0000.01 KM
37 Ramsgate Road £ 220,0000.01 KM
41 Ramsgate Road £ 99,0000.02 KM
55b Ramsgate Road £ 80,0000.02 KM