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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 45, Observatory Way, Ramsgate is a modern freehold house with 1,829 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Observatory Way, Ramsgate is £301,387 and the estimated rental value is £1,538 per month.
Observatory Way, Ramsgate, CT12 is located in the borough of Thanet within the CT12 postal district.
45, Observatory Way, Ramsgate has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 45, Observatory Way, Ramsgate is in very good condition we estimate a sale value of £316,456 and a rental value of £1,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,290 and a rental value of £1,430 per month.
Over the last 12 months the sale value of 45 Observatory Way Ramsgate has decreased by an estimated £16,359 (5.4%) and its rental value has increased by an estimated £13 per month (0.9%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 45, Observatory Way, Ramsgate sits on a plot of 105m2.
We have plot size data on 6 out of 12 other houses in the postcode and 45, Observatory Way, Ramsgate sits on the 5th largest plot.
45, Observatory Way, Ramsgate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 45, Observatory Way, Ramsgate was last sold on 6th December 2021 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Observatory Way, Ramsgate within a radius of 610 metres over the last 2 years.
The most recent example is 27, Meridian Close, Ramsgate, CT12 6AY, a freehold house which sold for £340,000 on the 19th September 2023.
Read more about house prices in CT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Observatory Way, Ramsgate, CT12 has a total of 47 addresses. According to our analysis of all the public data, 45, Observatory Way, Ramsgate is the largest and the most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in CT12.
The closest station to 45, Observatory Way, Ramsgate is Ramsgate station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Observatory Way, Ramsgate, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 45, Observatory Way, Ramsgate, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 45, Observatory Way, Ramsgate, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 45, Observatory Way, Ramsgate, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
