2 Grotto Road, Margate, CT9 2BT is a freehold terraced property built before 1900. The property offers approximately 1,012 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £204,397 , which equates to approximately £202 per square foot. It was last sold on 5 May 2022 for £210,000. Since then, the value has decreased by £5,603, representing a 2.7% decrease, or approximately 0.7% per year.

The current estimated value of £204,397 is:

  • 4.9% lower than the average property price on Grotto Road
  • 6.8% lower than the average in the CT9 2BT postcode area
  • and 27.6% lower than the average price for Margate as a whole

View sold house prices in CT9 2BT

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1012 sq ft
Tenure
Freehold
Price (estimate)
£204,397
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Grotto Road, Margate, Thanet, Kent, CT9 2BT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 May 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Oct 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 39%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to CT9 2BT

24 th / 31
Price Rank
7% lower than average
3 rd / 27
Size Rank
28% bigger than average
24 th / 27
Price Per Sq FT Rank
27% lower than average

Compared to other properties in CT9 2BT , this house's estimated value ranks 24th out of 31. Based on price per square foot, it ranks 24th out of 27 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 3rd out of 27 properties in its postcode area.

Sale History

Today
£204,397
streetscan.co.uk estimate
-3 %
5 May 2022
£210,000
Leasehold
+65.4 %
24 Oct 2007
£127,000
Leasehold
+72.8 %
17 Apr 2003
£73,500
Leasehold

Area Insights

Similar Properties Sold Nearby

28 Grotto Road, Margate, CT9 2BT
rooms: 4
size: 969 sq ft
sale price: £200,000
sale date: 19 Dec 2022
18 Grotto Road, Margate, CT9 2BT
rooms: 5
size: 912 sq ft
sale price: £125,000
sale date: 4 Apr 2014
14 Grotto Road, Margate, CT9 2BT
rooms: 4
size: 969 sq ft
sale price: £84,450
sale date: 21 Jul 2003

Data Sources

The property at 2 Grotto Road, Margate, CT9 2BT appears three times in the Land Registry records, with the latest transaction recorded on 5 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 May 2019. 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.
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