Flat 19, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £54,939 , which equates to approximately £128 per square foot. It was last sold on 28 Nov 2022 for £60,000. Since then, the value has decreased by £5,061, representing a 8.4% decrease, or approximately 2.8% per year.

The current estimated value of £54,939 is:

  • 44.1% lower than the average property price on Cobbs Place
  • 36.4% lower than the average in the CT9 1JE postcode area
  • and 80.5% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 November 2021, the property was recorded as owner-occupied.

View sold house prices in CT9 1JE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£54,939
Price Per sq ft (estimate)
£128
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 19, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 23 Nov 2021.

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 28 Jan 2010, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1JE

12 th / 29
Price Rank
36% lower than average
11 th / 23
Size Rank
6% smaller than average
7 th / 23
Price Per Sq FT Rank
32% lower than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 12th out of 29. Based on price per square foot, it ranks 7th out of 23 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 23 properties in its postcode area.

Sale History

Today
£54,939
streetscan.co.uk estimate
-8 %
28 Nov 2022
£60,000
Leasehold
+4.3 %
11 Jun 2010
£57,500
Leasehold
+161.4 %
3 Aug 1995
£22,000
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: 452 sq ft
sale price: £58,000
sale date: 24 May 2022

Data Sources

The property at Flat 19, Homefern House Cobbs Place, Margate, CT9 1JE appears three times in the Land Registry records, with the latest transaction recorded on 28 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Nov 2021. 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.