CT11 (Ramsgate) area guide

CT11
Ramsgate
The CT11 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Central Harbour, Cliffsend and Pegwell, Eastcliff, Kent, Nethercourt, Newington, Northwood, Pegwell, Ramsgate, Sir Moses Montefiore, St Lawrence.
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Notes:

A Mouseprice property guide for CT11 Ramsgate is coming soon. In the meantime, please have a look at the raw data and statistics about CT11 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Canterbury propertyThe size of the property market in CT11 is 12912 homes.

Canterbury propertyThe postcode district CT11 has been experiencing annual growth of 13.4% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Canterbury propertyThe average property in this postcode district was valued at £142225 over the last 3 months.

Canterbury propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7.7.

Canterbury propertyNew transactions as a percentage of overall sales are 6%.

Housing stock:

Ramsgate propertyIf you are specifically looking to buy Terraced Houses, this would be an excellent area for you to explore, with 34.2% of properties being this type.

Ramsgate propertyDetached Houses account for the lowest percentage of the housing stock in this district, at only 11.9%.

Ramsgate propertyThe property in this area caters well for retirees and young couples who do not have large families.

Ramsgate propertySocially rented accommodation represents 10.5% of the total rented accommodation in the area.

Ramsgate propertyThe majority of property in this area is owner occupied.

Ramsgate propertyThe average price of a two bed property in this area is less that the national average of £187894 at £160800.

Who lives here:

Ramsgate propertyTotal population in this area is 26755.
Ramsgate propertyThe average age in this area is 39.
Ramsgate propertySingle people make up 29.8% of the population in this postcode district.
Ramsgate propertyAverage working hours in this area for men are 43 and for women are 31.
Ramsgate propertyThis area has 43.7 people per square kilometre.
Ramsgate propertyThe largest source of work in this area is Wholesale & Retail (17.1% of workers), followed by Construction (15.6%).