Flat 58, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1983-1990. The property offers approximately 441 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £55,366 , which equates to approximately £125 per square foot. It was last sold on 31 Oct 2022 for £63,000. Since then, the value has decreased by £7,634, representing a 12.1% decrease, or approximately 3.9% per year.

The current estimated value of £55,366 is:

  • 41.1% lower than the average property price on Cobbs Place
  • 37.3% lower than the average in the CT9 1JF postcode area
  • and 79.7% lower than the average price for Margate as a whole

At the most recent EPC inspection on 16 October 2012, the property was recorded as owner-occupied.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£55,366
Price Per sq ft (estimate)
£125
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 58, 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 16 Oct 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
Average
Roof
Pitched, 300+ mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CT9 1JF

52 nd / 54
Price Rank
37% lower than average
17 th / 48
Size Rank
1% bigger than average
47 th / 48
Price Per Sq FT Rank
38% lower than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 52th out of 54. Based on price per square foot, it ranks 47th 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 17th out of 48 properties in its postcode area.

Sale History

Today
£55,366
streetscan.co.uk estimate
-12 %
31 Oct 2022
£63,000
Leasehold
+80.3 %
3 May 2013
£34,950
Leasehold
-10.4 %
30 Jun 2010
£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: 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: 452 sq ft
sale price: £55,000
sale date: 30 Apr 2021

Data Sources

The property at Flat 58, Homefern House Cobbs Place, Margate, CT9 1JF appears three times in the Land Registry records, with the latest transaction recorded on 31 Oct 2022. It also has a single Energy Performance Certificate (EPC) from 16 Oct 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.