Reeds Rains Ramsgate Local Area Guide

How is the Ramsgate property market performing?

Reeds Rains for sale

Average property price in Ramsgate

£225,000
-18.4%
Last 5 years
Based on the Land Registry data for properties sold within the postcodes that Reeds Rains Ramsgate covers.
Reeds Rains to let

Average rental price in Ramsgate

£1,140
pcm
Based on the advertised rental prices for properties to rent by Reeds Rains Ramsgate in the last 12 months from today's date.

Why move to Ramsgate?

This award-winning seaside town, has many attractive draws, one being its high-speed rail link to St Pancras, where commuters and socialites can be in the capital in just over an hour. Coupled with a well-priced housing market, Ramsgate is fast becoming popular with commuters, families and a retiring clientele.

Ramsgate, is of course, a popular holiday destination, with tourism playing a large part in the town’s booming economy. Home to a variety of holiday homes and Airbnbs, Ramsgate is also a prime location for weekend boltholes for some of London’s high flyers wanting to escape the city for a couple of nights.

Hospitality

In terms of socialising, Ramsgate Marina is a lively area of town, with a vibrant café culture, trendy wine bars and coffee shops proving the place to be seen. There is a plethora of fantastic restaurants overlooking the water, such as La Magnolia, which is a great spot for Sunday lunch. Or why not head to The Empire Room on Nelson Crescent, often referred to as ‘The Hidden Gem’, for some excellent seafood dishes and fine wine.

Schools

For those with school aged children, Newington Community Primary School on Princess Margaret Avenue was rated outstanding at the last Ofsted inspection. The school has an excellent reputation, not only for their academic prowess but also for nurturing and supporting their pupils. The town is home to excellent secondary schools too, most notably Clarendon House Grammar School where pupils often stay on and attend the Sixth Form Centre on Cavendish Street.

Local market

The team in Ramsgate have a vast experience in selling a whole variety of properties. Starter homes, such as 1 bedroom flats are currently being marketed for circa £100,000 or if you are looking for a more charming property with character, Ramsgate is home to more listed buildings than anywhere else in the county. High end period homes can fetch anything in excess of £800,000.

For investors and landlords researching the area, the rental market is very buoyant and good quality homes are highly sought after. Lets of 2 bedroom flats can be turned around in as little as 1 week and start from £650pcm. Large 5 bedroom Edwardian semis typically rent for approximately £1500pcm.