59, Grosvenor Place
59, Grosvenor Place
Description & Estimates
59, Grosvenor Place, Margate is recorded publicly as a period freehold house across 871 ft2 of internal area, sitting on a 109 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 59, Grosvenor Place, Margate is £262,031 and its rental estimate is £1,385 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
59, Grosvenor Place, Margate has a single entry in the Land Registry from August 2013 and a single entry in the EPC database dated February 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 59, Grosvenor Place, Margate, we estimate a market value of £275,133 and a rental value of £1,455 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,689 and £1,288 per month respectively.
Recent Market Change
Over the last year, 59, Grosvenor Place, Margate has seen its estimated sale value decline by £9,498 (3.6%) and its estimated rental value climb by £26 per month (1.8%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 59, Grosvenor Place, Margate as measuring 109 m2.
That makes it the 28th largest plot in the postcode, where 33 of the 37 other houses have recorded plot data.
Energy Efficiency
59, Grosvenor Place, Margate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 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 59, Grosvenor Place, Margate completed on 7th August 2013 at £122,750 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 122.7% over the period since August 2013.
- Sold Aug 2013£122,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Grosvenor Place, Margate have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2025, was 65, Grosvenor Place, Margate, CT9 1UX, a freehold house which sold for £190,000.
Read more about house prices in CT9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 198 addresses on Grosvenor Place, Margate, CT9, 59, Grosvenor Place, Margate comes out as the 53rd largest and the 54th most expensive in our analysis of the public data.
It is also £5k less 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
- 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
From 59, Grosvenor Place, Margate, the nearest station is Margate, 600 metres away.
- 600mMargate
- 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.
