Flat 10, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £68,482 , which equates to approximately £163 per square foot. It was last sold on 9 Nov 2007 for £51,500. Since then, the value has increased by £16,982, representing a 33.0% increase, or approximately 1.8% per year.

The current estimated value of £68,482 is:

  • 27.2% lower than the average property price on Cobbs Place
  • 20.8% lower than the average in the CT9 1JE postcode area
  • and 74.9% lower than the average price for Margate as a whole

View sold house prices in CT9 1JE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£68,482
Price Per sq ft (estimate)
£163
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 10, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Jul 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Sep 2008, and the property received the same rating of C with an unchanged energy efficiency score of 76.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 20% of fixed outlets to low energy lighting in 17% of fixed outlets, with no change in efficiency (poor).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to CT9 1JE

25 th / 29
Price Rank
21% lower than average
16 th / 23
Size Rank
8% smaller than average
20 th / 23
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 25th out of 29. Based on price per square foot, it ranks 20th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 23 properties in its postcode area.

Sale History

Today
£68,482
streetscan.co.uk estimate
+33 %
9 Nov 2007
£51,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £63,000
sale date: 6 Oct 2023
rooms: 2
size: 420 sq ft
sale price: £55,000
sale date: 25 Aug 2023
rooms: 2
size: 398 sq ft
sale price: £64,000
sale date: 18 Jul 2023
rooms: 2
size: 463 sq ft
sale price: £56,000
sale date: 30 Nov 2022
rooms: 2
size: 431 sq ft
sale price: £60,000
sale date: 28 Nov 2022

Data Sources

The property at Flat 10, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE appears once in the Land Registry records, with the transaction recorded on 9 Nov 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.