Flat 8, Homefern House Cobbs Place, Margate, CT9 1JE is a leasehold flat built between 1983-1990. The property offers approximately 377 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 £41,090 , which equates to approximately £109 per square foot. It was last sold on 22 Jan 1999 for £8,300. Since then, the value has increased by £32,790, representing a 395.1% increase, or approximately 14.7% per year.

The current estimated value of £41,090 is:

  • 58.2% lower than the average property price on Cobbs Place
  • 52.5% lower than the average in the CT9 1JE postcode area
  • and 85.4% lower than the average price for Margate as a whole

At the most recent EPC inspection on 30 September 2009, the property was recorded as owner-occupied.

View sold house prices in CT9 1JE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
377 sq ft
Tenure
Leasehold
Price (estimate)
£41,090
Price Per sq ft (estimate)
£109
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Mar 2020.

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 30 Sep 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13%.

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.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
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 1JE

29 th / 29
Price Rank
52% lower than average
23 rd / 23
Size Rank
18% smaller than average
23 rd / 23
Price Per Sq FT Rank
42% lower than average

Compared to other properties in CT9 1JE , this flat's estimated value ranks 29th out of 29. Based on price per square foot, it ranks 23th out of 23 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 23th out of 23 properties in its postcode area.

Sale History

Today
£41,090
streetscan.co.uk estimate
+395 %
22 Jan 1999
£8,300
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £63,000
sale date: 6 Oct 2023
rooms: 2
size: 420 sq ft
sale price: £55,000
sale date: 25 Aug 2023
rooms: 2
size: 398 sq ft
sale price: £64,000
sale date: 18 Jul 2023
rooms: 2
size: 431 sq ft
sale price: £60,000
sale date: 28 Nov 2022
rooms: 2
size: 409 sq ft
sale price: £45,000
sale date: 17 Apr 2015

Data Sources

The property at Flat 8, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JE appears once in the Land Registry records, with the transaction recorded on 22 Jan 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Mar 2020. 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.