5, Observatory Way, CT12 6AZ
5 Observatory Way is a 65 m² / 700 sq ft flat in Ramsgate. It sold for £170,000 in August 2021. Indexed forward to today's value, that sale is roughly £162k. Recent local prices imply a broad valuation context of £162k to £226k based on its internal area. The Land Registry and EPC data was last updated 8 October 2026.
- Sale history
-
Date Paid price Annual growth After inflation Aug 2021 £170,000 4.8% 3.1% Dec 2018 £150,000 4.4% 2.4% Feb 2015 £127,000 -0.4% -2.5% Jun 2009 New build New £130,000 na na - Internal area
- 65 square metres (700 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,615 per square metre (£243 per square foot) in Aug 2021. Indexed forward to today's value, this is roughly £2,487 per square metre (£231 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Aug 2021 £170,000 £2,615 £161,684 £2,487 Dec 2018 £150,000 £2,308 £158,169 £2,433 Feb 2015 £127,000 £1,954 £172,278 £2,650 Jun 2009 £130,000 £2,000 £151,179 £2,326 Calculated using the latest EPC internal area of 65 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £161,684. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Ramsgate are now selling for between £2,500 and £3,470 per square metre (£232 and £322 per square foot). Based on an internal area of 65 m², this implies a valuation between £162,000 and £226,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- B
- Summary:
- 24 March 2021 - energy performance certificate grade D
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 3rd floor flat on the top floor in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2007 to 2011
- Area:
- 65 sqm (700 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, insulated (assumed). Heating: Electric underfloor.
- Summary:
- 22 April 2009 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Unknown
- Property type:
- None Estimated year built None to None
- Area:
- 0 sqm (0 square foot) total internal area
- Comments:
5 Observatory Way is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £161,684.
- Based on an internal area of 65 m² and recent prices in Ramsgate, this implies a lower and upper quartile range from £162,000 to £226,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.