2A, Grosvenor Place
2A, Grosvenor Place
Description & Estimates
The public record describes 2A, Grosvenor Place, Margate as a period apartment with 520 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
2A, Grosvenor Place, Margate has an estimated sale value of £278,324 and an estimated rental value of £1,266 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Grosvenor Place, Margate, CT9.
Grosvenor Place, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
2A, Grosvenor Place, Margate has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data of neighbouring properties to estimate the property 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 2A, Grosvenor Place, Margate would be worth £292,240, with a potential rental value of £1,329 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £258,841, with a rental value of £1,177 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 2A, Grosvenor Place, Margate has fallen by £11,207 (4.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (1.5%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
2A, Grosvenor Place, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 420 metres of 2A, Grosvenor Place, Margate across the last 2 years.
Most recently, Flat 1, 16, Grosvenor Place, Margate, CT9 1UW, a leasehold flat, sold at £330,000 on the 19th May 2017.
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 2A, Grosvenor Place, Margate as the 150th largest and the 41st most expensive of the 198 addresses on Grosvenor Place, Margate, CT9.
Against the CT9 postcode district average, it is £12k more expensive than the typical property.
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Schools Nearby
- 300mMargate, Holy Trinity and St John's Church of England Primary School
- 900mSalmestone Primary School
- 1.2kmSt Gregory's Catholic Primary School, Margate
- 1.1kmHartsdown Academy
- 3.8kmUrsuline College
- 3.9kmDane Court Grammar School
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Public Transport Nearby
Margate station is the nearest stop to 2A, Grosvenor Place, Margate at 600 metres away.
- 600mMargate
- 3.0kmWestgate-on-Sea
- 4.6kmBroadstairs
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.
