Flat 21, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 452 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 £75,650 , which equates to approximately £167 per square foot. It was last sold on 14 Oct 2009 for £44,500. Since then, the value has increased by £31,150, representing a 70.0% increase, or approximately 4.3% per year.

The current estimated value of £75,650 is:

  • 23.0% lower than the average property price on Cobbs Place
  • 12.5% lower than the average in the CT9 1JE postcode area
  • and 73.2% lower than the average price for Margate as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 September 2021, the property was recorded as rented.

View sold house prices in CT9 1JE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£75,650
Price Per sq ft (estimate)
£167
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 21, 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 10 Sep 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 22 Jun 2009. The rating of B remains the same, but the energy efficiency score improved by 3.7%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 29% of fixed outlets, with efficiency improving from very poor to average.
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 29% of fixed outlets
Average

Compared to CT9 1JE

2 nd / 29
Price Rank
12% lower than average
8 th / 23
Size Rank
1% smaller than average
2 nd / 23
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 2nd out of 29. Based on price per square foot, it ranks 2nd 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 8th out of 23 properties in its postcode area.

Sale History

Today
£75,650
streetscan.co.uk estimate
+70 %
14 Oct 2009
£44,500
Leasehold
+66.1 %
10 Jan 1996
£26,795
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 21, Homefern House Cobbs Place, Margate, CT9 1JE appears two times in the Land Registry records, with the latest transaction recorded on 14 Oct 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Sep 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.