39 Observatory Way, Ramsgate, CT12 6AZ is a leasehold flat built between 2007-2011. The property offers approximately 807 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £125,212 , which equates to approximately £155 per square foot. It was last sold on 18 Nov 2021 for £130,000. Since then, the value has decreased by £4,788, representing a 3.7% decrease, or approximately 0.9% per year.

The current estimated value of £125,212 is:

  • 38.2% lower than the average property price on Observatory Way
  • 38.9% lower than the average in the CT12 6AZ postcode area
  • and 56.9% lower than the average price for Ramsgate as a whole

At the most recent EPC inspection on 25 May 2021, the property was recorded as rented.

View sold house prices in CT12 6AZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£125,212
Price Per sq ft (estimate)
£155
Bedroom Count (estimate)
2 bedrooms

EPC Summary

39 Observatory Way, Ramsgate, Thanet, Kent, CT12 6AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 May 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jun 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.8%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric underfloor heating to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m?k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT12 6AZ

15 th / 18
Price Rank
39% lower than average
9 th / 18
Size Rank
11% smaller than average
17 th / 18
Price Per Sq FT Rank
32% lower than average

Compared to other properties in CT12 6AZ , this flat's estimated value ranks 15th out of 18. Based on price per square foot, it ranks 17th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 18 properties in its postcode area.

Sale History

Today
£125,212
streetscan.co.uk estimate
-4 %
18 Nov 2021
£130,000
Leasehold
+29.7 %
1 Apr 2014
£100,250
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
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
2 Observatory Way, Ramsgate, CT12 6AZ
rooms: 3
size: 807 sq ft
sale price: £145,000
sale date: 27 Feb 2017

Data Sources

The property at 39 Observatory Way, Ramsgate, CT12 6AZ appears two times in the Land Registry records, with the latest transaction recorded on 18 Nov 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 May 2021. 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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