4 Observatory Way, Ramsgate, CT12 6AZ is a leasehold flat built in 2007 onwards. The property offers approximately 775 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 £160,807 , which equates to approximately £207 per square foot. It was last sold on 20 Sep 2019 for £150,000. Since then, the value has increased by £10,807, representing a 7.2% increase, or approximately 1.2% per year.

The current estimated value of £160,807 is:

  • 20.6% lower than the average property price on Observatory Way
  • 21.5% lower than the average in the CT12 6AZ postcode area
  • and 44.7% lower than the average price for Ramsgate as a whole

At the most recent EPC inspection on 11 June 2019, the property was recorded as owner-occupied.

View sold house prices in CT12 6AZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£160,807
Price Per sq ft (estimate)
£207
Bedroom Count (estimate)
2 bedrooms

EPC Summary

4 Observatory Way, Ramsgate, Thanet, Kent, CT12 6AZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Jun 2019.

This property uses electric underfloor heating 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 D is unchanged, though the energy efficiency score decreased by 4.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to electric underfloor heating, 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 roof construction or insulation changed from average thermal transmittance 0.13 w/m²k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • 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.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 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

13 th / 18
Price Rank
22% lower than average
12 th / 18
Size Rank
14% smaller than average
7 th / 18
Price Per Sq FT Rank
9% lower than average

Compared to other properties in CT12 6AZ , this flat's estimated value ranks 13th out of 18. Based on price per square foot, it ranks 7th out of 18 properties. In terms of size, this home ranks 12th out of 18 properties in its postcode area.

Sale History

Today
£160,807
streetscan.co.uk estimate
+7 %
20 Sep 2019
£150,000
Leasehold
+17.2 %
6 Nov 2015
£128,000
Leasehold
+3.2 %
27 Mar 2009
£124,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £168,000
sale date: 6 May 2022
rooms: 3
size: 807 sq ft
sale price: £130,000
sale date: 18 Nov 2021
rooms: 3
size: 829 sq ft
sale price: £195,000
sale date: 22 Oct 2021
rooms: 3
size: 700 sq ft
sale price: £170,000
sale date: 11 Aug 2021
rooms: 3
size: 807 sq ft
sale price: £145,000
sale date: 27 Feb 2017

Data Sources

The property at 4 Observatory Way, Ramsgate, CT12 6AZ appears three times in the Land Registry records, with the latest transaction recorded on 20 Sep 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jun 2019. 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.