Flat 69, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 2003-2006. The property offers approximately 452 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 £127,315 , which equates to approximately £282 per square foot. It was last sold on 23 Jun 2000 for £32,500. Since then, the value has increased by £94,815, representing a 291.7% increase, or approximately 11.4% per year.

The current estimated value of £127,315 is:

  • 29.6% higher than the average property price on Cobbs Place
  • 44.1% higher than the average in the CT9 1JF postcode area
  • and 54.9% 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 14 March 2022, the property was recorded as owner-occupied.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£127,315
Price Per sq ft (estimate)
£282
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 69, 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 14 Mar 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 14 Sep 2018, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.6%.

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 wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
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
Good
Lighting
No low energy lighting
Very Poor

Compared to CT9 1JF

16 th / 54
Price Rank
44% higher than average
11 th / 48
Size Rank
3% bigger than average
21 st / 48
Price Per Sq FT Rank
40% higher than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 16th out of 54. Based on price per square foot, it ranks 21th out of 48 properties. In terms of size, this home ranks 11th out of 48 properties in its postcode area.

Sale History

Today
£127,315
streetscan.co.uk estimate
+292 %
23 Jun 2000
£32,500
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 69, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF appears once in the Land Registry records, with the transaction recorded on 23 Jun 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 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.