43, Grosvenor Place
43, Grosvenor Place
Description & Estimates
Public records show 43, Grosvenor Place, Margate to be a modern freehold house with 688 ft2 of internal area, sitting on a 108 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
43, Grosvenor Place, Margate has an estimated sale value of £227,116 and an estimated rental value of £1,247 per month, assuming reasonable condition and based on the information available.
Grosvenor Place, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
43, Grosvenor Place, Margate has a single entry in the Land Registry from May 2013 and a single entry in the EPC database dated August 2019.
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 43, Grosvenor Place, Margate would be worth £238,472, with a potential rental value of £1,310 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,218, with a rental value of £1,160 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 43, Grosvenor Place, Margate has fallen by £8,232 (3.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £23 (1.8%). The property's estimated gross yield is currently 6.6%.
Plot Size
43, Grosvenor Place, Margate occupies a 108 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 29th largest.
Energy Efficiency
43, Grosvenor Place, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
43, Grosvenor Place, Margate last changed hands on 17th May 2013, selling for £88,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 127.2% since May 2013.
- Sold May 2013£88,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 43, Grosvenor Place, Margate across the last 2 years.
Most recently, 51, Grosvenor Place, Margate, CT9 1UX, a freehold house, sold at £375,000 on the 14th December 2022.
Read more about house prices in CT9.
- Sold Dec 2022£375,000 | 3 Bed House51, Grosvenor Place, Margate, CT9 1UX51, Grosvenor Place, Margate, CT9 1UX
- Sold Jun 2021£190,000 | 3 Bed House35, Grosvenor Place, Margate, CT9 1UX35, Grosvenor Place, Margate, CT9 1UX
- Sold Sep 2020£200,000 | 3 Bed House41, Grosvenor Place, Margate, CT9 1UX41, Grosvenor Place, Margate, CT9 1UX
•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 43, Grosvenor Place, Margate as the 108th largest and the 93rd most expensive of the 198 addresses on Grosvenor Place, Margate, CT9.
Against the CT9 postcode district average, it is £40k less expensive than the typical property.
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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
Margate station is the nearest stop to 43, Grosvenor Place, Margate at 600 metres away.
- 600mMargate
- 3.0kmWestgate-on-Sea
- 4.5kmBroadstairs
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.
