88, Grosvenor Place
88, Grosvenor Place
Description & Estimates
The public record lists 88, Grosvenor Place, Margate as a freehold house.
Comparison with its neighbours suggests a period house with 2,133 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
88, Grosvenor Place, Margate has an estimated sale value of £370,650 and an estimated rental value of £1,932 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
88, Grosvenor Place, Margate has a single entry in the Land Registry from May 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 88, Grosvenor Place, Margate would be worth £389,183, with a potential rental value of £2,028 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £344,705, with a rental value of £1,797 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 88, Grosvenor Place, Margate has decreased by £18,004 (4.9%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (1.1%). The property's estimated gross yield is currently 6.3%.
Sold Prices
88, Grosvenor Place, Margate last changed hands on 16th May 2008, selling for £300,000. 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 114.7% since May 2008.
- Sold May 2008£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 88, Grosvenor Place, Margate across the last 2 years.
Most recently, 10, Eaton Road, Margate, CT9 1XE, a freehold house, sold at £400,000 on the 6th November 2023.
Read more about house prices in CT9.
- Sold Nov 2023£400,000 | 5 Bed House10, Eaton Road, Margate, CT9 1XE10, Eaton Road, Margate, CT9 1XE
- Sold Aug 2021£255,000 | 5 Bed House150, High Street, Margate, CT9 1LA150, High Street, Margate, CT9 1LA
- Sold Oct 2019£206,000 | 5 Bed House150B, High Street, Margate, CT9 1LA150B, High Street, Margate, CT9 1LA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 88, Grosvenor Place, Margate as the 3rd largest and the 6th most expensive of the 198 addresses on Grosvenor Place, Margate, CT9.
Against the CT9 postcode district average, it is £104k more expensive than the typical property.
More reading links
Schools Nearby
- 300mMargate, Holy Trinity and St John's Church of England Primary School
- 700mSalmestone Primary School
- 900mSt Gregory's Catholic Primary School, Margate
- 1.0kmHartsdown Academy
- 3.7kmDane Court Grammar School
- 3.8kmUrsuline College
More reading links
Public Transport Nearby
Margate station is the nearest stop to 88, Grosvenor Place, Margate at 700 metres away.
- 700mMargate
- 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.
