Flat 2, 102
Flat 2, 102
Description & Estimates
According to the public record, Flat 2, 102, Grosvenor Place, Margate is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 102, Grosvenor Place, Margate is £176,942 and the estimated rental value is £918 per month.
The apartment is within 102, Grosvenor Place, Margate, CT9.
Grosvenor Place, Margate, CT9 is located in the borough of Thanet within the CT9 postal district.
Our Data Sources
Flat 2, 102, Grosvenor Place, Margate has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated March 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 102, Grosvenor Place, Margate is in very good condition we estimate a sale value of £185,789 and a rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,556 and a rental value of £854 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 102, Grosvenor Place, Margate has decreased by £7,164 (4.0%), while its estimated rental value has grown by £17 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 2, 102, Grosvenor Place, Margate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 102, Grosvenor Place, Margate was last sold on 1st October 2015 for £97,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen by 82.8%.
- Sold Oct 2015£97,000
- Sold Jul 2014£106,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 102, Grosvenor Place, Margate within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, 176A, High Street, Margate, CT9 1LA, a leasehold flat which sold for £150,000 on the 7th December 2023.
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
Grosvenor Place, Margate, CT9 has a total of 198 addresses. According to our analysis of all the public data, Flat 2, 102, Grosvenor Place, Margate is the 122nd largest and the 138th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in CT9.
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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
The closest station to Flat 2, 102, Grosvenor Place, Margate is Margate station, which is 700 metres away.
- 700mMargate
- 3.0kmWestgate-on-Sea
- 4.5kmBroadstairs
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
