Flat 75 Homefern House Cobbs Place

    FLAT 75 HOMEFERN HOUSE, COBBS PLACE, MARGATE, CT9 1JF

    This flat/maisonette leasehold property on Cobbs Place last sold in August 2023 for £64,000. Based on price growth in the CT9 district since then, its estimated current value is £70,473 — placing it in the 1st percentile nationally and the 1st percentile within CT9. The property covers 40 m² (431 sq ft), giving an estimated value of £1,762 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £64,000

    Aug 2023

    Estimated Valuation

    £70,473

    Est. £/sq ft

    £164/sq ft

    £1,762/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area431 sq ft (40 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Aug 2023

    £64,000

    10 Sept 2021

    £64,500

    11 Jul 2005

    £82,000

    19 Nov 2001

    £47,000

    Key Metrics

    Estimated valuation£70,473
    Value per sq ft / m²£164/sq ft (£1,762/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile1st percentile
    National percentile1st percentile

    District Context — CT9

    CT9 covers the Isle of Sheppey, including the towns of Sittingbourne, Faversham and the surrounding areas in north Kent. It is a mixed residential area with a blend of coastal and rural character, offering more affordable housing than many parts of the south-east.

    Average Property Price - CT9

    £298,363

    41

    National percentile

    Average Net Household Income - CT9

    £35,935

    37

    National percentile

    10-Year Annualised Price Growth - CT9

    5.7%

    95

    National percentile

    10-Year Annualised Rent Growth - CT

    4.5%

    83

    National percentile

    View full analysis for CT9

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