Second Floor Flat, 118 Grosvenor Place, Margate, CT9 1UY is a leasehold flat built before 1900. The property offers approximately 446 square feet of living space and is situated on the 3rd floor of a 4-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £81,600 , which equates to approximately £185 per square foot. It was last sold on 9 Dec 2009 for £48,000. Since then, the value has increased by £33,600, representing a 70.0% increase, or approximately 4.4% per year.

The current estimated value of £81,600 is:

  • 69.3% lower than the average property price on Grosvenor Place
  • 59.3% lower than the average in the CT9 1UY postcode area
  • and 71.1% lower than the average price for Margate as a whole

At the most recent EPC inspection on 25 October 2008, the property was recorded as owner-occupied.

View sold house prices in CT9 1UY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
446 sq ft
Tenure
Leasehold
Floor level
3rd floor of 4
Price (estimate)
£81,600
Price Per sq ft (estimate)
£185
Bedroom Count (estimate)
1 bedroom

EPC Summary

Second Floor Flat, 118 Grosvenor Place, Margate, Thanet, Kent, CT9 1UY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Oct 2008.

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.

Heating Type
Boiler and radiators, mains gas
Average
Hot Water
From main system
Average
Roof
Pitched, 75mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to CT9 1UY

54 th / 60
Price Rank
59% lower than average
36 th / 39
Size Rank
47% smaller than average
31 st / 39
Price Per Sq FT Rank
24% lower than average

Compared to other properties in CT9 1UY , this flat's estimated value ranks 54th out of 60. Based on price per square foot, it ranks 31th 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 36th out of 39 properties in its postcode area.

Sale History

Today
£81,600
streetscan.co.uk estimate
+70 %
9 Dec 2009
£48,000
Leasehold
-15 %
25 Aug 2006
£56,500
Leasehold
-2.6 %
21 Dec 2005
£58,000
Leasehold
+16 %
25 Aug 2005
£50,000
Leasehold
+23.5 %
29 Nov 2004
£40,500
Leasehold
0 %
5 Jan 2004
£40,500
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: 398 sq ft
sale price: £170,000
sale date: 18 Aug 2023
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: 474 sq ft
sale price: £118,000
sale date: 10 Nov 2017

Data Sources

The property at Second Floor Flat, 118 Grosvenor Place, Margate, CT9 1UY appears six times in the Land Registry records, with the latest transaction recorded on 9 Dec 2009. It also has a single Energy Performance Certificate (EPC) from 25 Oct 2008. 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.