Flat 3, 128 Grosvenor Place, Margate, CT9 1UY is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £101,324 , which equates to approximately £209 per square foot. It was last sold on 31 May 2006 for £65,000. Since then, the value has increased by £36,324, representing a 55.9% increase, or approximately 2.9% per year.

The current estimated value of £101,324 is:

  • 61.9% lower than the average property price on Grosvenor Place
  • 49.4% lower than the average in the CT9 1UY postcode area
  • and 64.1% lower than the average price for Margate as a whole

View sold house prices in CT9 1UY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£101,324
Price Per sq ft (estimate)
£209
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 128 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 9 Dec 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 25 May 2018, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 119%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from some double glazing to single glazed.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to CT9 1UY

52 nd / 60
Price Rank
49% lower than average
31 st / 39
Size Rank
41% smaller than average
30 th / 39
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 52th out of 60. Based on price per square foot, it ranks 30th 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 31th out of 39 properties in its postcode area.

Sale History

Today
£101,324
streetscan.co.uk estimate
+56 %
31 May 2006
£65,000
Leasehold
+261.1 %
21 Jun 1999
£18,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Basement Flat, 118 Grosvenor Place, Margate, CT9 1UY
rooms: 2
size: 420 sq ft
sale price: £150,000
sale date: 24 Jul 2024
Flat 2, 126 Grosvenor Place, Margate, CT9 1UY
rooms: 2
size: 474 sq ft
sale price: £150,000
sale date: 14 Mar 2022
124 Grosvenor Place, Margate, CT9 1UY
rooms: 4
size: 495 sq ft
sale price: £156,000
sale date: 19 Mar 2021
Flat 3, 126 Grosvenor Place, Margate, CT9 1UY
rooms: 3
size: 495 sq ft
sale price: £130,500
sale date: 22 Aug 2019
Flat 2, 128 Grosvenor Place, Margate, CT9 1UY
rooms: 2
size: 517 sq ft
sale price: £113,000
sale date: 28 Jun 2019

Data Sources

The property at Flat 3, 128 Grosvenor Place, Margate, CT9 1UY appears two times in the Land Registry records, with the latest transaction recorded on 31 May 2006. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Dec 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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