Flat 48, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1983-1990. The property offers approximately 388 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 £69,859 , which equates to approximately £180 per square foot. It was last sold on 6 Dec 2012 for £39,000. Since then, the value has increased by £30,859, representing a 79.1% increase, or approximately 6.1% per year.

The current estimated value of £69,859 is:

  • 28.9% lower than the average property price on Cobbs Place
  • 20.9% lower than the average in the CT9 1JF postcode area
  • and 75.2% 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 13 March 2024, the property was recorded as rented.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£69,859
Price Per sq ft (estimate)
£180
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 48, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Mar 2024.

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 2 Mar 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 40% of fixed outlets to low energy lighting in 33% of fixed outlets, with no change in efficiency (average).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to CT9 1JF

50 th / 54
Price Rank
21% lower than average
45 th / 48
Size Rank
12% smaller than average
41 st / 48
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 50th out of 54. Based on price per square foot, it ranks 41th out of 48 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 45th out of 48 properties in its postcode area.

Sale History

Today
£69,859
streetscan.co.uk estimate
+79 %
6 Dec 2012
£39,000
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: 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
rooms: 2
size: 431 sq ft
sale price: £70,000
sale date: 29 Nov 2019

Data Sources

The property at Flat 48, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF appears once in the Land Registry records, with the transaction recorded on 6 Dec 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Mar 2024. 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.