2 Observatory Way, Ramsgate, CT12 6AZ is a leasehold flat built in 2007 onwards. The property offers approximately 807 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £170,949 , which equates to approximately £212 per square foot. It was last sold on 27 Feb 2017 for £145,000. Since then, the value has increased by £25,949, representing a 17.9% increase, or approximately 2.0% per year.

The current estimated value of £170,949 is:

  • 15.6% lower than the average property price on Observatory Way
  • 16.6% lower than the average in the CT12 6AZ postcode area
  • and 41.2% lower than the average price for Ramsgate as a whole

View sold house prices in CT12 6AZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£170,949
Price Per sq ft (estimate)
£212
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Observatory Way, Ramsgate, Thanet, Kent, CT12 6AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 May 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Apr 2009. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to room heaters, electric, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The wall construction or insulation changed from average thermal transmittance 0.21 w/m²k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 48% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 48% of fixed outlets
Good

Compared to CT12 6AZ

10 th / 18
Price Rank
17% lower than average
10 th / 18
Size Rank
11% smaller than average
8 th / 18
Price Per Sq FT Rank
7% lower than average

Compared to other properties in CT12 6AZ , this flat's estimated value ranks 10th out of 18. Based on price per square foot, it ranks 8th out of 18 properties. In terms of size, this home ranks 10th out of 18 properties in its postcode area.

Sale History

Today
£170,949
streetscan.co.uk estimate
+18 %
27 Feb 2017
£145,000
Leasehold
+13.3 %
27 Mar 2009
£128,000
Leasehold

Area Insights

Similar Properties Sold Nearby

35 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 797 sq ft
sale price: £168,000
sale date: 6 May 2022
39 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 807 sq ft
sale price: £130,000
sale date: 18 Nov 2021
1 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 829 sq ft
sale price: £195,000
sale date: 22 Oct 2021
5 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 700 sq ft
sale price: £170,000
sale date: 11 Aug 2021
4 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 775 sq ft
sale price: £150,000
sale date: 20 Sep 2019

Data Sources

The property at 2 Observatory Way, Ramsgate, CT12 6AZ appears two times in the Land Registry records, with the latest transaction recorded on 27 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 May 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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