Housing Market Analysis for OBSERVATORY WAY, CT12 6AZ

Are you looking to understand CT12 6AZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Thanet postcode.

For the location information and nearby amenities in the CT12 6AZ area, explore the CT12 6AZ Area information page.
For comprehensive crime statistics in the CT12 6AZ area, explore the CT12 6AZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CT12 6AZ postcode area, The average prices are as follows,

Terraced
- The average price is around £176,188 median price is £159,500 Standard Deviation is £46,362 with Total Sold: 8
- The Last 5 Year average price is £243,000 with Total Sold: 2
- The most recent sale happened at this postcode is 45 OBSERVATORY WAY: £260,000 (Sold on 06 Dec 2021)
- The first recorded sale happened at this postcode is 46 OBSERVATORY WAY: £195,000 (Sold on 03 Feb 2012)
Flat
- The average price is around £130,641 median price is £127,000 Standard Deviation is £23,545 with Total Sold: 23
- The Last 5 Year average price is £162,600 with Total Sold: 5
- The most recent sale happened at this postcode is 39 OBSERVATORY WAY: £130,000 (Sold on 18 Nov 2021)
- The first recorded sale happened at this postcode is 35 OBSERVATORY WAY: £168,000 (Sold on 06 May 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average CT12 6AZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,000	£2,281	1
2019	£226,000	£1,983	1
2014	£145,700	£1,484	5
2012	£195,000	£1,711	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£165,000	£2,202	3
2019	£150,000	£2,083	1
2018	£150,000		1
2017	£145,000		1
2015	£127,500	£1,778	2
2014	£105,458	£1,586	6
2012	£120,000	£1,661	1
2011	£127,500	£1,700	2
2009	£126,800	£1,804	5
2022	£168,000	£2,270	1

All the Sales in the OBSERVATORY WAY, CT12 6AZ

See the table below for more details on the sold house prices in the CT12 6AZ, Thanet postcode.

Address	Sold Date	Price	% Change
45 OBSERVATORY WAYTerraced, FreeholdArea: 113.98 Sq.mtr	06 Dec 2021	£260,000	First Sale
39 OBSERVATORY WAYFlat, LeaseholdArea: 76.2 Sq.mtr	18 Nov 2021	£130,000	29.68%
39 OBSERVATORY WAYFlat, LeaseholdArea: 76.2 Sq.mtr	01 Apr 2014	£100,250	First Sale
1 OBSERVATORY WAYFlat, LeaseholdArea: 72.25 Sq.mtr	22 Oct 2021	£195,000	62.50%
	14 Dec 2012	£120,000	-4.00%
	27 Mar 2009	£125,000	First Sale
5 OBSERVATORY WAYFlat, LeaseholdArea: 0 Sq.mtr	11 Aug 2021	£170,000	13.33%
	19 Dec 2018	£150,000	18.11%
	17 Feb 2015	£127,000	-2.31%
	30 Jun 2009	£130,000	First Sale
4 OBSERVATORY WAYFlat, LeaseholdArea: 72 Sq.mtrAge: 2007 onwards	20 Sep 2019	£150,000	17.19%
	06 Nov 2015	£128,000	3.23%
	27 Mar 2009	£124,000	First Sale
46 OBSERVATORY WAYTerraced, FreeholdArea: 113.98 Sq.mtr	23 Aug 2019	£226,000	15.90%
46 OBSERVATORY WAYTerraced, FreeholdArea: 113.98 Sq.mtr	03 Feb 2012	£195,000	First Sale
2 OBSERVATORY WAYFlat, LeaseholdArea: 0 Sq.mtr	27 Feb 2017	£145,000	13.28%
2 OBSERVATORY WAYFlat, LeaseholdArea: 0 Sq.mtr	27 Mar 2009	£128,000	First Sale
3 OBSERVATORY WAYFlat, LeaseholdArea: 64.8 Sq.mtr	22 Dec 2014	£125,000	-1.57%
3 OBSERVATORY WAYFlat, LeaseholdArea: 64.8 Sq.mtr	26 Jun 2009	£127,000	First Sale
37 OBSERVATORY WAYFlat, LeaseholdArea: 62.14 Sq.mtr	17 Oct 2014	£98,000	First Sale
42 OBSERVATORY WAYTerraced, FreeholdArea: 100 Sq.mtrAge: 2007-2011	23 Sep 2014	£159,500	First Sale
47 OBSERVATORY WAYTerraced, FreeholdArea: 106 Sq.mtrAge: 2007-2011	04 Jul 2014	£155,000	First Sale
40 OBSERVATORY WAYFlat, LeaseholdArea: 62.14 Sq.mtr	27 Jun 2014	£98,000	First Sale
41 OBSERVATORY WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	25 Jun 2014	£98,000	First Sale
43 OBSERVATORY WAYTerraced, FreeholdArea: 113.98 Sq.mtr	03 Jun 2014	£155,000	First Sale
35 OBSERVATORY WAYFlat, LeaseholdArea: 74 Sq.mtrAge: 2007 onwards	08 May 2014	£113,500	-9.20%
	30 Jun 2011	£125,000	-25.60%
	06 May 2022	£168,000	First Sale
38 OBSERVATORY WAYTerraced, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	31 Mar 2014	£99,500	First Sale
44 OBSERVATORY WAYTerraced, FreeholdArea: 113.98 Sq.mtr	28 Mar 2014	£159,500	First Sale
36 OBSERVATORY WAYFlat, LeaseholdArea: 76 Sq.mtrAge: 2007-2011	05 Jul 2011	£130,000	First Sale

Check out the sold house prices near the CT12 6AZ postcode. Properties currently for saleProperties currently for rent

OBSERVATORY WAY, CT12 6AZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CT12 6AZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CT12 6AZ postcode.

Semi-Detached
- The average price is around £145,181 median price is £138,000 Standard Deviation is £78,712 with Total Sold: 500
- The Last 5 Year average price is £261,716 with Total Sold: 81
- The most recent sale happened at this postcode is , 37 THIRLMERE AVENUE: £345,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 1 BURSILL CRESCENT: £28,500 (Sold on 04 Jan 1995)
Flat
- The average price is around £110,632 median price is £116,000 Standard Deviation is £36,124 with Total Sold: 172
- The Last 5 Year average price is £135,182 with Total Sold: 33
- The most recent sale happened at this postcode is FLAT 2, 1 SADDLERS MEWS: £125,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is 74, STANER COURT MANSTON ROAD: £14,950 (Sold on 27 Feb 1998)
Terraced
- The average price is around £164,585 median price is £165,000 Standard Deviation is £65,922 with Total Sold: 227
- The Last 5 Year average price is £248,455 with Total Sold: 42
- The most recent sale happened at this postcode is , 160 WINDERMERE AVENUE: £205,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 90 ST JOHNS AVENUE: £10,000 (Sold on 18 Oct 1995)
Detached
- The average price is around £190,165 median price is £172,000 Standard Deviation is £98,351 with Total Sold: 36
- The Last 5 Year average price is £331,600 with Total Sold: 5
- The most recent sale happened at this postcode is , 3 WINDERMERE AVENUE: £510,000 (Sold on 28 Mar 2023)
- The first recorded sale happened at this postcode is , 38 THIRLMERE AVENUE: £48,000 (Sold on 12 May 1995)
Other
- The average price is around £1,531,125 median price is £607,500 Standard Deviation is £1,980,836 with Total Sold: 4
- The Last 5 Year average price is £2,552,500 with Total Sold: 2
- The most recent sale happened at this postcode is , UNIT 5 OLD TIMBER YARD INDUSTRIAL ESTATE: £4,900,000 (Sold on 23 Dec 2021)
- The first recorded sale happened at this postcode is , UNIT 27 LEIGH ROAD: £1,010,000 (Sold on 23 Jun 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		2
2023	£276,727	£3,878	11
2022	£341,562	£3,191	16
2021	£243,059	£3,019	17
2020	£226,079	£2,916	19
2019	£230,780	£2,856	16
2018	£225,391	£2,748	23
2017	£203,116	£2,668	19
2016	£178,539	£2,125	14
2015	£170,252	£2,028	22
2014	£133,395	£1,694	10
2013	£141,233	£1,753	15
2012	£139,167	£1,705	9
2011	£138,226	£1,617	11
2010	£163,033	£2,246	15
2009	£118,019	£1,799	13
2008	£155,125	£1,703	12
2007	£149,370	£1,644	27
2006	£142,335	£1,547	22
2005	£134,600	£1,524	15
2004	£126,931	£1,647	32
2003	£105,098	£1,223	27
2002	£88,725	£1,040	24
2001	£69,235	£830	23
2000	£58,815	£557	14
1999	£53,217	£679	19
1998	£45,540	£455	10
1997	£46,000	£552	16
1996	£45,869	£576	16
1995	£42,927	£478	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,750	£2,294	2
2023	£141,667	£3,050	3
2022	£143,167	£2,227	6
2021	£135,399	£2,206	15
2020	£136,500	£2,308	2
2019	£105,100	£1,816	5
2018	£135,857	£7,374	7
2017	£138,667	£7,195	9
2016	£119,000	£2,168	8
2015	£111,825	£4,432	12
2014	£103,497	£1,702	18
2013	£113,750	£1,918	2
2012	£89,800	£1,648	5
2011	£107,857	£1,718	7
2010	£114,999	£5,426	17
2009	£115,519	£1,827	13
2008	£100,913	£1,620	4
2007	£88,000	£1,564	4
2006	£116,571	£1,655	14
2005	£63,500	£1,046	4
2004	£68,000	£1,015	1
2003	£68,498	£1,076	2
2002	£47,667	£810	3
2001	£39,000	£576	4
2000	£40,667	£419	3
1999	£41,000		1
1998	£14,950	£340	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£244,000	£3,214	3
2023	£288,000	£3,395	5
2022	£273,571	£3,898	7
2021	£245,250	£2,763	8
2020	£228,510	£2,373	10
2019	£233,444	£2,679	9
2018	£210,800	£2,180	10
2017	£213,833	£2,176	9
2016	£180,824	£2,121	17
2015	£181,457	£1,935	12
2014	£143,837	£1,573	19
2013	£131,699	£1,560	5
2012	£148,928	£1,661	7
2011	£150,083	£1,994	12
2010	£160,748	£1,948	16
2009	£174,500	£2,925	8
2008	£147,500	£1,618	3
2007	£159,599	£1,681	10
2006	£179,278	£1,739	9
2005	£129,582	£1,638	6
2004	£129,799	£1,508	5
2003	£92,250	£985	4
2002	£90,625	£1,492	4
2001	£64,332	£618	6
2000	£71,136	£804	7
1999	£55,658	£619	6
1998	£45,833	£487	6
1997	£36,000	£414	2
1995	£32,000	£709	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£510,000	£3,333	1
2022	£215,000	£2,337	1
2021	£316,500	£3,202	2
2019	£300,000	£3,903	1
2018	£336,665	£4,435	3
2017	£240,000	£3,871	1
2016	£217,500	£3,021	1
2015	£188,667	£2,347	3
2014	£235,000	£3,561	1
2012	£137,875	£1,913	4
2011	£200,000		1
2010	£175,000	£2,663	1
2008	£150,000	£2,113	1
2007	£187,500	£2,214	2
2004	£162,650	£1,111	3
2003	£98,000	£1,178	4
2000	£97,333	£940	3
1999	£78,000	£1,013	1
1998	£170,000		1
1995	£48,000	£727	1

House Type: Other

Year	Avg. Price	Sold
2021	£4,900,000	1
2019	£205,000	1
2018	£9,500	1
2017	£1,010,000	1

House Type in CT12 6AZ area

The most common house types in the CT12 6AZ postcode area are Terraced (54), Flat (38), and Semi-detached (28).

Total	124
Terraced	54
Flat	38
Semi-detached	28
Detached	4
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (46), and Private rented: Private landlord or letting agency (32).

Social rented: Other social rented	46
Private rented: Private landlord or letting agency	32
Owned: Owns with a mortgage or loan	25
Owned: Owns outright	9
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the CT12 6AZ have 3 people in household (32), and 4 people in household (32).

3 people in household	32
4 people in household	32
1 person in household	26
2 people in household	25
5 people in household	9
6 people in household	2
8 or more people in household	2
0 people in household	0
7 people in household	0