Observatory Way - CT12 6AZ
Key Street Insights
Observatory Way is a residential street with 47 addresses.
It ranks as the 274th largest and 16th most expensive of the 327 streets in the CT12 area. The most common property type is a modern flat built after 1980.
The street contains a total of 47 properties: 13 houses and 34 flats.
- Ave. Sale Price
- £162,514
- 10 Year change
- up 22.3%
- Ave. Rental Price
- £920pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Street Insights
Observatory Way is a residential street with 47 addresses.
It ranks as the 274th largest and 16th most expensive of the 327 streets in the CT12 area. The most common property type is a modern flat built after 1980.
The street contains a total of 47 properties: 13 houses and 34 flats.
- Ave. Sale Price
- £162,514
- 10 Year change
- up 22.3%
- Ave. Rental Price
- £920pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertieson Observatory Way, Ramsgate, CT12
- 1 Observatory Way
3 Bed Modern Flat
- 2 Observatory Way
3 Bed Modern Flat
- 3 Observatory Way
2 Bed Modern Flat
- 4 Observatory Way
2 Bed Modern Flat
- 5 Observatory Way
2 Bed Modern Flat
Sales Market Trends
The last sale on Observatory Way sold for £120,000 on 3rd October 2025. Since then prices are down an average of 1.2%.
The current average value in the street is £162,514.
The Observatory Way Sales Market has increased by 22.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £162,514 |
| June 2025 | -4.5% | £168,518 |
| June 2024 | -5.7% | £176,461 |
| June 2023 | -0.4% | £187,164 |
| June 2022 | 15.7% | £187,971 |
| June 2021 | 5.1% | £162,434 |
| June 2020 | 2.5% | £154,618 |
| June 2019 | 1% | £150,857 |
| June 2018 | 3.1% | £149,319 |
| June 2017 | 9% | £144,876 |
| June 2016 | 13.4% | £132,904 |
| June 2015 | 3.3% | £117,162 |
| June 2014 | 14.7% | £113,384 |
| June 2013 | 1.5% | £98,854 |
| June 2012 | -5.3% | £97,357 |
| June 2011 | -2.5% | £102,766 |
| June 2010 | 2.8% | £105,372 |
| June 2009 | -11.7% | £102,459 |
| June 2008 | -2.1% | £116,063 |
| June 2007 | 0% | £118,528 |
Rental Market Trends
The current average rental value in the street is £920.
The Observatory Way Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £920pcm |
| June 2025 | 1.1% | £911pcm |
| June 2024 | 4.3% | £901pcm |
| June 2023 | 7.2% | £864pcm |
| June 2022 | 14.1% | £806pcm |
| June 2021 | 6.1% | £707pcm |
| June 2020 | 2.7% | £666pcm |
| June 2019 | 4.3% | £649pcm |
| June 2018 | 3.4% | £622pcm |
| June 2017 | 3.1% | £602pcm |
| June 2016 | 5.6% | £584pcm |
| June 2015 | 6.2% | £553pcm |
| June 2014 | 3.4% | £520pcm |
| June 2013 | -0.8% | £504pcm |
| June 2012 | 1.4% | £508pcm |
| June 2011 | 1.6% | £501pcm |
| June 2010 | 4.1% | £493pcm |
| June 2009 | -8.2% | £473pcm |
| June 2008 | 2.9% | £516pcm |
| June 2007 | 0% | £501pcm |
Sales History
The last sale was on 3rd October 2025 for £120,000 and since then the market in the area has decreased by 1.2%. The street has had a total of 33 sales since 1995.
Observatory Way, Ramsgate, CT12 has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£120,000 | 2 Bed Flat38, Observatory Way, Ramsgate, CT12 6AZ38, Observatory Way, Ramsgate, CT12 6AZ
- Sold Mar 2025£255,000 | 3 Bed House47, Observatory Way, Ramsgate, CT12 6AZ47, Observatory Way, Ramsgate, CT12 6AZ
- Sold May 2022£168,000 | 3 Bed Flat35, Observatory Way, Ramsgate, CT12 6AZ35, Observatory Way, Ramsgate, CT12 6AZ
- Sold Dec 2021£260,000 | 4 Bed House45, Observatory Way, Ramsgate, CT12 6AZ45, Observatory Way, Ramsgate, CT12 6AZ
- Sold Nov 2021£130,000 | 3 Bed Flat39, Observatory Way, Ramsgate, CT12 6AZ39, Observatory Way, Ramsgate, CT12 6AZ
Top 3 Most Expensive Sales
- Sold Dec 2021£260,000 | 4 Bed House45, Observatory Way, Ramsgate, CT12 6AZ45, Observatory Way, Ramsgate, CT12 6AZ
- Sold Mar 2025£255,000 | 3 Bed House47, Observatory Way, Ramsgate, CT12 6AZ47, Observatory Way, Ramsgate, CT12 6AZ
- Sold Aug 2019£226,000 | 4 Bed House46, Observatory Way, Ramsgate, CT12 6AZ46, Observatory Way, Ramsgate, CT12 6AZ
Nearby Streets
Observatory Way, Ramsgate, CT12 is the 274th largest and the 16th most expensive street in the CT12 area.
- Manston Drive, Ramsgate, CT1223 Addresses|68 m away
- Garden Drive, Ramsgate, CT127 Addresses|98 m away
- Meridian Close, Ramsgate, CT1277 Addresses|99 m away
- King Charles Avenue, Ramsgate, CT1234 Addresses|137 m away
- Manston Road, Manston, Ramsgate, CT12251 Addresses|147 m away
- Gloster Drive, Ramsgate, CT1239 Addresses|174 m away
Property Types
- 13 modern houses built after 1980
- 34 modern flats built after 1980
- modern house (13)
- modern flat (34)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (26)
- F (0)
- C (14)
- G (0)
- D (5)
- No EPC (2)
Schools Nearby
- Newington Community Primary School200 m away
- Ramsgate Arts Primary School700 m away
- St Laurence In Thanet Church of England Junior Academy900 m away
- The Royal Harbour Academy900 m away
- Chatham & Clarendon Grammar School2.0 km away
- Dane Court Grammar School2.9 km away
More reading links
Public Transport Nearby
The closest station to Observatory Way, Ramsgate, CT12 - CT12 6AZ is Ramsgate station, which is 1.2 kilometres away.
- Ramsgate|1.2 km away
- Thanet Parkway|2.4 km away
- Dumpton Park|2.6 km away
