2 Observatory Way

    2, OBSERVATORY WAY, RAMSGATE, CT12 6AZ

    This flat/maisonette leasehold property on Observatory Way last sold in February 2017 for £145,000. Based on price growth in the CT12 district since then, its estimated current value is £164,247 — placing it in the 16th percentile nationally and the 6th percentile within CT12. The property covers 75 m² (807 sq ft), giving an estimated value of £2,190 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £145,000

    Feb 2017

    Estimated Valuation

    £164,247

    Est. £/sq ft

    £203/sq ft

    £2,190/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Feb 2017

    £145,000

    27 Mar 2009

    New build

    £128,000

    Key Metrics

    Estimated valuation£164,247
    Value per sq ft / m²£203/sq ft (£2,190/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT12 district percentile6th percentile
    National percentile16th percentile

    District Context — CT12

    CT12 covers the Isle of Sheppey in Kent, situated off the north coast of the county in the Thames estuary. It is a coastal and semi-rural area with a mix of seaside heritage, family appeal, and quiet residential neighbourhoods.

    Average Property Price - CT12

    £301,702

    42

    National percentile

    Average Net Household Income - CT12

    £36,792

    42

    National percentile

    10-Year Annualised Price Growth - CT12

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - CT

    4.5%

    83

    National percentile

    View full analysis for CT12

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