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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3, Grove Gardens, Margate is described in the public record as an early-century house with 1,377 ft2 of internal area, sitting on a 440 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Grove Gardens, Margate is £422,304 and its rental estimate is £1,629 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.
3, Grove Gardens, Margate has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2014.
We combine this information with public data 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.
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 3, Grove Gardens, Margate, we estimate a market value of £443,419 and a rental value of £1,710 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £392,743 and £1,515 per month respectively.
Over the last year, 3, Grove Gardens, Margate has seen its estimated sale value decrease by £16,095 (3.8%) and its estimated rental value grow by £25 per month (1.5%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 3, Grove Gardens, Margate as measuring 440 m2.
That makes it the 20th largest plot in the postcode, where all 38 other houses have recorded plot data.
3, Grove Gardens, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Grove Gardens, Margate completed on 10th March 2006 at £248,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 3, Grove Gardens, Margate have sold within a radius of 560 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.
Of the 38 addresses on Grove Gardens, Margate, CT9, 3, Grove Gardens, Margate comes out as the 23rd largest and the 21st most expensive in our analysis of the public data.
It is also £156k more expensive than the average property across the CT9 district.
From 3, Grove Gardens, Margate, the nearest station is Margate, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Grove Gardens, Margate, 50.0% of property is privately owned with a mortgage and 42.2% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Grove Gardens, Margate, 19.6% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Grove Gardens, Margate, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Grove Gardens, Margate, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Grove Gardens, Margate, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
