18, Grove Gardens
18, Grove Gardens
Description & Estimates
Public records show 18, Grove Gardens, Margate to be an early-century freehold house with 1,377 ft2 of internal area, sitting on a 490 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
18, Grove Gardens, Margate has an estimated sale value of £422,304 and an estimated rental value of £1,629 per month, assuming reasonable condition and based on the information available.
Grove Gardens, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
18, Grove Gardens, Margate has 21 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated November 2016.
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
In very good condition, we estimate 18, Grove Gardens, Margate would be worth £443,419, with a potential rental value of £1,710 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £392,743, with a rental value of £1,515 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Grove Gardens, Margate has decreased by £16,095 (3.8%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (1.5%). The property's estimated gross yield is currently 4.6%.
Plot Size
18, Grove Gardens, Margate occupies a 490 m2 plot as recorded by HM Land Registry.
All 38 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
18, Grove Gardens, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
18, Grove Gardens, Margate last changed hands on 22nd November 2023, selling for £460,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 12.7% since November 2023.
- Sold Nov 2023£460,000
- Sold Jul 2006£244,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 18, Grove Gardens, Margate across the last 2 years.
Most recently, 23, Grove Gardens, Margate, CT9 5RQ, a freehold house, sold at £540,000 on the 5th December 2024.
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
Our analysis of the public data ranks 18, Grove Gardens, Margate as the 22nd largest and the 20th most expensive of the 38 addresses on Grove Gardens, Margate, CT9.
Against the CT9 postcode district average, it is £156k more expensive than the typical property.
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Schools Nearby
- 500mGarlinge Primary School and Nursery
- 1.1kmSt Gregory's Catholic Primary School, Margate
- 1.1kmSalmestone Primary School
- 300mHartsdown Academy
- 2.7kmUrsuline College
- 3.1kmKing Ethelbert School
More reading links
Public Transport Nearby
Margate station is the nearest stop to 18, Grove Gardens, Margate at 600 metres away.
- 600mMargate
- 1.9kmWestgate-on-Sea
- 4.5kmBirchington-on-Sea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
