103, Grosvenor Place
103, Grosvenor Place
Description & Estimates
103, Grosvenor Place, Margate is recorded publicly as a period freehold house across 1,571 ft2 of internal area, sitting on a 173 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 103, Grosvenor Place, Margate is £354,795 and its rental estimate is £1,686 per month, given the available information and assuming reasonable condition.
Grosvenor Place, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
103, Grosvenor Place, Margate has 41 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 103, Grosvenor Place, Margate, we estimate a market value of £372,534 and a rental value of £1,770 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £329,959 and £1,568 per month respectively.
Recent Market Change
Over the last year, 103, Grosvenor Place, Margate has seen its estimated sale value fall by £13,522 (3.8%) and its estimated rental value move up by £26 per month (1.5%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 103, Grosvenor Place, Margate as measuring 173 m2.
That makes it the 8th largest plot in the postcode, where 33 of the 37 other houses have recorded plot data.
Energy Efficiency
103, Grosvenor Place, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 103, Grosvenor Place, Margate completed on 6th January 2014 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 123.9% over the period since January 2014.
- Sold Jan 2014£170,000
- Sold Jul 2010£165,000
- Sold Oct 2004£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 103, Grosvenor Place, Margate have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 11, Ramsgate Road, Margate, CT9 5RT, a freehold house which sold for £395,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 198 addresses on Grosvenor Place, Margate, CT9, 103, Grosvenor Place, Margate comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the CT9 district.
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Schools Nearby
- 300mMargate, Holy Trinity and St John's Church of England Primary School
- 600mSalmestone Primary School
- 900mSt Gregory's Catholic Primary School, Margate
- 900mHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmUrsuline College
More reading links
Public Transport Nearby
From 103, Grosvenor Place, Margate, the nearest station is Margate, 600 metres away.
- 600mMargate
- 3.0kmWestgate-on-Sea
- 4.5kmBroadstairs
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
