87, Grosvenor Place
87, Grosvenor Place
Description & Estimates
The public record lists 87, Grosvenor Place, Margate as a freehold house sitting on a 157 m2 plot.
Comparison with its neighbours suggests a period house with 779 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
87, Grosvenor Place, Margate has an estimated sale value of £243,036 and an estimated rental value of £1,310 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
87, Grosvenor Place, Margate has a single entry in the Land Registry from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 87, Grosvenor Place, Margate would be worth £255,187, with a potential rental value of £1,376 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,023, with a rental value of £1,218 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 87, Grosvenor Place, Margate has dropped by £8,809 (3.6%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (1.8%). The property's estimated gross yield is currently 6.5%.
Plot Size
87, Grosvenor Place, Margate occupies a 157 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 16th largest.
Sold Prices
87, Grosvenor Place, Margate last changed hands on 18th August 2008, selling for £110,000. 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 106.9% since August 2008.
- Sold Aug 2008£110,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 87, Grosvenor Place, Margate across the last 2 years.
Most recently, 82, Eaton Road, Margate, CT9 1XA, a freehold house, sold at £210,000 on the 12th 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 87, Grosvenor Place, Margate as the 72nd largest and the 71st most expensive of the 198 addresses on Grosvenor Place, Margate, CT9.
Against the CT9 postcode district average, it is £24k 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 87, 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.
