112, Grosvenor Place
112, Grosvenor Place
Description & Estimates
112, Grosvenor Place, Margate appears in the public record as a freehold house sitting on a 149 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,726 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 112, Grosvenor Place, Margate is £333,085 and its rental estimate is £1,736 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
112, Grosvenor Place, Margate has a single entry in the Land Registry from August 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 112, Grosvenor Place, Margate, we estimate a market value of £349,740 and a rental value of £1,823 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £309,769 and £1,614 per month respectively.
Recent Market Change
Over the last year, 112, Grosvenor Place, Margate has seen its estimated sale value drop by £16,179 (4.9%) and its estimated rental value rise by £19 per month (1.1%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 112, Grosvenor Place, Margate as measuring 149 m2.
That makes it the 15th largest plot in the postcode, where 19 of the 21 other houses have recorded plot data.
Sold Prices
The most recent sale of 112, Grosvenor Place, Margate completed on 3rd August 2017 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.7% over the period since August 2017.
- Sold Aug 2017£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 112, Grosvenor Place, Margate have sold within a radius of 410 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, 112, Grosvenor Place, Margate comes out as the 6th largest and the 19th most expensive in our analysis of the public data.
It is also £66k more expensive than the average property across the CT9 district.
More reading links
Schools Nearby
- 300mMargate, Holy Trinity and St John's Church of England Primary School
- 700mSalmestone Primary School
- 900mSt Gregory's Catholic Primary School, Margate
- 1.0kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmUrsuline College
More reading links
Public Transport Nearby
From 112, Grosvenor Place, Margate, the nearest station is Margate, 700 metres away.
- 700mMargate
- 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.
