Flat 3, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 441 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 £55,841 , which equates to approximately £127 per square foot. It was last sold on 22 Feb 2021 for £55,000. Since then, the value has increased by £841, representing a 1.5% increase, or approximately 0.3% per year.

The current estimated value of £55,841 is:

  • 40.6% lower than the average property price on Cobbs Place
  • 35.4% lower than the average in the CT9 1JE postcode area
  • and 79.5% lower than the average price for Margate as a whole

At the most recent EPC inspection on 30 June 2017, 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
441 sq ft
Tenure
Leasehold
Price (estimate)
£55,841
Price Per sq ft (estimate)
£127
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Jun 2017.

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

Heating Type
Room heaters, electric
Very Poor
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 75% of fixed outlets
Very Good

Compared to CT9 1JE

24 th / 29
Price Rank
35% lower than average
9 th / 23
Size Rank
4% smaller than average
18 th / 23
Price Per Sq FT Rank
33% lower than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 24th out of 29. Based on price per square foot, it ranks 18th 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 9th out of 23 properties in its postcode area.

Sale History

Today
£55,841
streetscan.co.uk estimate
+2 %
22 Feb 2021
£55,000
Leasehold
-16.7 %
27 Oct 2017
£66,000
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: 431 sq ft
sale price: £60,000
sale date: 28 Nov 2022

Data Sources

The property at Flat 3, Homefern House Cobbs Place, Margate, CT9 1JE appears two times in the Land Registry records, with the latest transaction recorded on 22 Feb 2021. It also has a single Energy Performance Certificate (EPC) from 30 Jun 2017. 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.