Flat 2, 126 Grosvenor Place, Margate, CT9 1UY is a leasehold flat built between 1900-1929. The property offers approximately 474 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £145,166 , which equates to approximately £306 per square foot. It was last sold on 14 Mar 2022 for £150,000. Since then, the value has decreased by £4,834, representing a 3.2% decrease, or approximately 0.9% per year.

The current estimated value of £145,166 is:

  • 45.4% lower than the average property price on Grosvenor Place
  • 27.5% lower than the average in the CT9 1UY postcode area
  • and 48.6% lower than the average price for Margate as a whole

At the most recent EPC inspection on 4 June 2021, 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
474 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£145,166
Price Per sq ft (estimate)
£306
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 126 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Jun 2021.

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 single glazed.

The previous EPC assessment was conducted on 31 Mar 2010. The rating of C is unchanged, though the energy efficiency score decreased by 4.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1UY

39 th / 60
Price Rank
28% lower than average
35 th / 39
Size Rank
43% smaller than average
6 th / 39
Price Per Sq FT Rank
26% higher than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 39th out of 60. Based on price per square foot, it ranks 6th out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 35th out of 39 properties in its postcode area.

Sale History

Today
£145,166
streetscan.co.uk estimate
-3 %
14 Mar 2022
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £150,000
sale date: 24 Jul 2024
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: 2
size: 474 sq ft
sale price: £118,000
sale date: 10 Nov 2017
rooms: 2
size: 431 sq ft
sale price: £53,500
sale date: 1 Jun 2017

Data Sources

The property at Flat 2, 126 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY appears once in the Land Registry records, with the transaction recorded on 14 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jun 2021. 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.