24, Grove Gardens
24, Grove Gardens
Description & Estimates
24, Grove Gardens, Margate is recorded publicly as an early-century freehold house across 1,356 ft2 of internal area, sitting on a 433 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Grove Gardens, Margate is £418,868 and its rental estimate is £1,624 per month, given the available information and assuming reasonable condition.
Grove Gardens, Margate, CT9 falls within the CT9 postal district, in the borough of Thanet.
Our Data Sources
24, Grove Gardens, Margate has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated October 2013.
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 24, Grove Gardens, Margate, we estimate a market value of £439,811 and a rental value of £1,705 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,547 and £1,510 per month respectively.
Recent Market Change
Over the last year, 24, Grove Gardens, Margate has seen its estimated sale value decline by £15,964 (3.8%) and its estimated rental value climb by £25 per month (1.5%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 24, Grove Gardens, Margate as measuring 433 m2.
That makes it the 24th largest plot in the postcode, where all 38 other houses have recorded plot data.
Energy Efficiency
24, Grove Gardens, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2013.
The property is not 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 24, Grove Gardens, Margate completed on 15th September 2021 at £450,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.0% over the period since September 2021.
- Sold Sep 2021£450,000
- Sold Feb 2014£226,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Grove Gardens, Margate have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2023, was 18, Grove Gardens, Margate, CT9 5RQ, a freehold house which sold for £460,000.
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 38 addresses on Grove Gardens, Margate, CT9, 24, Grove Gardens, Margate comes out as the 24th largest and the 22nd most expensive in our analysis of the public data.
It is also £152k more expensive than the average property across the CT9 district.
More reading links
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
From 24, Grove Gardens, Margate, the nearest station is Margate, 600 metres away.
- 600mMargate
- 1.9kmWestgate-on-Sea
- 4.5kmBirchington-on-Sea
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.
