Flat 91, Homefern House Cobbs Place, Margate, CT9 1JF is a leasehold flat built between 1983-1990. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £65,376 , which equates to approximately £152 per square foot. It was last sold on 14 Jul 2017 for £55,000. Since then, the value has increased by £10,376, representing a 18.9% increase, or approximately 2.2% per year.

The current estimated value of £65,376 is:

  • 33.4% lower than the average property price on Cobbs Place
  • 26.0% lower than the average in the CT9 1JF postcode area
  • and 76.8% lower than the average price for Margate as a whole

At the most recent EPC inspection on 9 February 2017, the property was recorded as owner-occupied.

View sold house prices in CT9 1JF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£65,376
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 91, 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 9 Feb 2017.

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
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to CT9 1JF

53 rd / 54
Price Rank
26% lower than average
32 nd / 48
Size Rank
2% smaller than average
45 th / 48
Price Per Sq FT Rank
25% lower than average

Compared to other properties in CT9 1JF , this flat's estimated value ranks 53th out of 54. Based on price per square foot, it ranks 45th out of 48 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 32th out of 48 properties in its postcode area.

Sale History

Today
£65,376
streetscan.co.uk estimate
+19 %
14 Jul 2017
£55,000
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 91, Homefern House Cobbs Place, Margate, Thanet, Kent, CT9 1JF appears once in the Land Registry records, with the transaction recorded on 14 Jul 2017. It also has a single Energy Performance Certificate (EPC) from 9 Feb 2017. 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.