Basement Flat, 128 Grosvenor Place, Margate, CT9 1UY is a leasehold flat built between 1900-1929. The property offers approximately 570 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 £117,564 , which equates to approximately £206 per square foot. It was last sold on 1 Nov 2023 for £122,000. Since then, the value has decreased by £4,436, representing a 3.6% decrease, or approximately 1.7% per year.

The current estimated value of £117,564 is:

  • 55.8% lower than the average property price on Grosvenor Place
  • 41.3% lower than the average in the CT9 1UY postcode area
  • and 58.3% lower than the average price for Margate as a whole

At the most recent EPC inspection on 18 October 2022, the property was recorded as owner-occupied.

View sold house prices in CT9 1UY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£117,564
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 128 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Oct 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Nov 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 26.1%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1UY

50 th / 60
Price Rank
41% lower than average
24 th / 39
Size Rank
31% smaller than average
32 nd / 39
Price Per Sq FT Rank
15% lower than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 50th out of 60. Based on price per square foot, it ranks 32th out of 39 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 24th out of 39 properties in its postcode area.

Sale History

Today
£117,564
streetscan.co.uk estimate
-4 %
1 Nov 2023
£122,000
Leasehold
+177.3 %
23 Apr 2015
£44,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £173,000
sale date: 29 Nov 2023
rooms: 3
size: 495 sq ft
sale price: £130,500
sale date: 22 Aug 2019
rooms: 2
size: 517 sq ft
sale price: £113,000
sale date: 28 Jun 2019
rooms: 3
size: 637 sq ft
sale price: £110,000
sale date: 13 Apr 2017
rooms: 2
size: 560 sq ft
sale price: £65,000
sale date: 27 Oct 2015

Data Sources

The property at Basement Flat, 128 Grosvenor Place, Margate, CT9 1UY appears two times in the Land Registry records, with the latest transaction recorded on 1 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 2022. 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.