Flat 62, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1991-1995. 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 £113,863 , which equates to approximately £286 per square foot. It was last sold on 11 Mar 1999 for £23,000. Since then, the value has increased by £90,863, representing a 395.1% increase, or approximately 14.8% per year.

The current estimated value of £113,863 is:

  • 15.9% higher than the average property price on Cobbs Place
  • 28.9% higher than the average in the CT9 1JF postcode area
  • and 59.7% 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 17 August 2022, 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
398 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£113,863
Price Per sq ft (estimate)
£286
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 62, 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 17 Aug 2022.

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 24 Aug 2012. The rating of C is unchanged, though the energy efficiency score decreased by 5.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to CT9 1JF

32 nd / 54
Price Rank
29% higher than average
43 rd / 48
Size Rank
9% smaller than average
18 th / 48
Price Per Sq FT Rank
42% higher than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 32th out of 54. Based on price per square foot, it ranks 18th out of 48 properties. In terms of size, this home ranks 43th out of 48 properties in its postcode area.

Sale History

Today
£113,863
streetscan.co.uk estimate
+395 %
11 Mar 1999
£23,000
Leasehold
+35.3 %
14 Oct 1996
£17,000
Leasehold
+30.8 %
18 Jan 1996
£13,000
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 62, Homefern House Cobbs Place, Margate, CT9 1JF appears three times in the Land Registry records, with the latest transaction recorded on 11 Mar 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Aug 2022. 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.