Flat 59, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1976-1982. The property offers approximately 398 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 £73,515 , which equates to approximately £185 per square foot. It was last sold on 9 May 2019 for £62,500. Since then, the value has increased by £11,015, representing a 17.6% increase, or approximately 2.7% per year.

The current estimated value of £73,515 is:

  • 25.1% lower than the average property price on Cobbs Place
  • 16.8% lower than the average in the CT9 1JF postcode area
  • and 73.9% lower than the average price for Margate as a whole

At the most recent EPC inspection on 6 November 2018, the property was recorded as owner-occupied.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£73,515
Price Per sq ft (estimate)
£185
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 59, 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 6 Nov 2018.

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
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to CT9 1JF

36 th / 54
Price Rank
17% lower than average
41 st / 48
Size Rank
9% smaller than average
26 th / 48
Price Per Sq FT Rank
8% lower than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 36th out of 54. Based on price per square foot, it ranks 26th out of 48 properties. In terms of size, this home ranks 41th out of 48 properties in its postcode area.

Sale History

Today
£73,515
streetscan.co.uk estimate
+18 %
9 May 2019
£62,500
Leasehold
+64.7 %
19 Aug 2005
£37,950
Leasehold
-34.6 %
2 Mar 2004
£58,000
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 59, Homefern House Cobbs Place, Margate, CT9 1JF appears three times in the Land Registry records, with the latest transaction recorded on 9 May 2019. It also has a single Energy Performance Certificate (EPC) from 6 Nov 2018. 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.