Flat 38, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1991-1995. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £80,242 , which equates to approximately £186 per square foot. It was last sold on 29 Nov 2019 for £70,000. Since then, the value has increased by £10,242, representing a 14.6% increase, or approximately 2.4% per year.

The current estimated value of £80,242 is:

  • 18.3% lower than the average property price on Cobbs Place
  • 9.2% lower than the average in the CT9 1JF postcode area
  • and 71.6% 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 24 October 2019, the property was recorded as owner-occupied.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£80,242
Price Per sq ft (estimate)
£186
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 38, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 Oct 2019.

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 25 Sep 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 low energy lighting in 20% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from poor 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
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CT9 1JF

26 th / 54
Price Rank
9% lower than average
28 th / 48
Size Rank
2% smaller than average
23 rd / 48
Price Per Sq FT Rank
8% lower than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 26th out of 54. Based on price per square foot, it ranks 23th out of 48 properties. In terms of size, this home ranks 28th out of 48 properties in its postcode area.

Sale History

Today
£80,242
streetscan.co.uk estimate
+15 %
29 Nov 2019
£70,000
Leasehold
+218.2 %
14 Nov 1997
£22,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £64,000
sale date: 19 Oct 2023
rooms: 2
size: 431 sq ft
sale price: £64,000
sale date: 2 Aug 2023
rooms: 2
size: 452 sq ft
sale price: £70,000
sale date: 10 Jul 2023
rooms: 2
size: 441 sq ft
sale price: £48,000
sale date: 28 Nov 2022
rooms: 2
size: 441 sq ft
sale price: £63,000
sale date: 31 Oct 2022

Data Sources

The property at Flat 38, Homefern House Cobbs Place, Margate, CT9 1JF appears two times in the Land Registry records, with the latest transaction recorded on 29 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2019. 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.