Ground Floor Flat, 118 Grosvenor Place, Margate, CT9 1UY is a leasehold flat built between 1900-1929. The property offers approximately 474 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 £82,444 , which equates to approximately £174 per square foot. It was last sold on 27 Jan 1997 for £14,000. Since then, the value has increased by £68,444, representing a 488.9% increase, or approximately 16.9% per year.

The current estimated value of £82,444 is:

  • 69.0% lower than the average property price on Grosvenor Place
  • 58.8% lower than the average in the CT9 1UY postcode area
  • and 70.8% lower than the average price for Margate as a whole

At the most recent EPC inspection on 13 May 2023, the property was recorded as rented.

View sold house prices in CT9 1UY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£82,444
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
1 bedroom

EPC Summary

Ground Floor Flat, 118 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 May 2023.

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 have partial double glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, with internal insulation
Good
Windows
Partial double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CT9 1UY

56 th / 60
Price Rank
59% lower than average
33 rd / 39
Size Rank
43% smaller than average
36 th / 39
Price Per Sq FT Rank
28% lower than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 56th out of 60. Based on price per square foot, it ranks 36th 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 33th out of 39 properties in its postcode area.

Sale History

Today
£82,444
streetscan.co.uk estimate
+489 %
27 Jan 1997
£14,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £150,000
sale date: 24 Jul 2024
rooms: 2
size: 474 sq ft
sale price: £150,000
sale date: 14 Mar 2022
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

Data Sources

The property at Ground Floor Flat, 118 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY appears once in the Land Registry records, with the transaction recorded on 27 Jan 1997. It also has a single Energy Performance Certificate (EPC) from 13 May 2023. 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.