Flat 71, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1976-1982. The property offers approximately 474 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £119,410 , which equates to approximately £252 per square foot. It was last sold on 27 Nov 1997 for £22,000. Since then, the value has increased by £97,410, representing a 442.8% increase, or approximately 15.8% per year.

The current estimated value of £119,410 is:

  • 21.6% higher than the average property price on Cobbs Place
  • 35.2% higher than the average in the CT9 1JF postcode area
  • and 57.7% lower than the average price for Margate as a whole

At the most recent EPC inspection on 30 April 2024, the property was recorded as rented.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£119,410
Price Per sq ft (estimate)
£252
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 71, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Apr 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 16 Jul 2014. The rating of D remains the same, but the energy efficiency score improved by 3.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 83% of 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
Average
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

27 th / 54
Price Rank
35% higher than average
7 th / 48
Size Rank
8% bigger than average
29 th / 48
Price Per Sq FT Rank
25% higher than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 27th out of 54. Based on price per square foot, it ranks 29th out of 48 properties. In terms of size, this home ranks 7th out of 48 properties in its postcode area.

Sale History

Today
£119,410
streetscan.co.uk estimate
+443 %
27 Nov 1997
£22,000
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 71, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF appears once in the Land Registry records, with the transaction recorded on 27 Nov 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Apr 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.