Flat 2, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 388 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 £174,471 , which equates to approximately £450 per square foot. It was last sold on 5 Jun 1998 for £33,500. Since then, the value has increased by £140,971, representing a 420.8% increase, or approximately 15.3% per year.

The current estimated value of £174,471 is:

  • 77.7% higher than the average property price on Cobbs Place
  • 101.9% higher than the average in the CT9 1JE postcode area
  • and 38.2% lower than the average price for Margate as a whole

At the most recent EPC inspection on 14 June 2012, 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
388 sq ft
Tenure
Leasehold
Price (estimate)
£174,471
Price Per sq ft (estimate)
£450
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 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 14 Jun 2012.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CT9 1JE

1 st / 29
Price Rank
102% higher than average
22 nd / 23
Size Rank
15% smaller than average
1 st / 23
Price Per Sq FT Rank
139% higher than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 1st out of 29. Based on price per square foot, it ranks 1st 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 22th out of 23 properties in its postcode area.

Sale History

Today
£174,471
streetscan.co.uk estimate
+421 %
5 Jun 1998
£33,500
Leasehold
+65.8 %
27 Sep 1996
£20,200
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: 431 sq ft
sale price: £60,000
sale date: 28 Nov 2022
rooms: 2
size: 441 sq ft
sale price: £55,000
sale date: 22 Feb 2021

Data Sources

The property at Flat 2, Homefern House Cobbs Place, Margate, CT9 1JE appears two times in the Land Registry records, with the latest transaction recorded on 5 Jun 1998. It also has a single Energy Performance Certificate (EPC) from 14 Jun 2012. 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.