Flat 3, 96
Flat 3, 96
Description & Estimates
The public record lists Flat 3, 96, Grosvenor Place, Margate as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 709 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 96, Grosvenor Place, Margate has an estimated sale value of £183,459 and an estimated rental value of £930 per month, assuming reasonable condition and based on the information available.
The apartment sits within 96, Grosvenor Place, Margate, CT9.
Grosvenor Place, Margate, CT9 lies in the borough of Thanet, within the CT9 postal district.
Our Data Sources
Flat 3, 96, Grosvenor Place, Margate has a single entry in the Land Registry from June 2007 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 96, Grosvenor Place, Margate would be worth £192,632, with a potential rental value of £976 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £170,617, with a rental value of £864 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 Flat 3, 96, Grosvenor Place, Margate has declined by £7,428 (4.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £17 (1.9%). The property's estimated gross yield is currently 6.1%.
Sold Prices
Flat 3, 96, Grosvenor Place, Margate last changed hands on 15th June 2007, selling for £100,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 75.3% since June 2007.
- Sold Jun 2007£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 3, 96, Grosvenor Place, Margate across the last 2 years.
Most recently, Flat 5, 2, Union Crescent, Margate, CT9 1NR, a leasehold flat, sold at £175,000 on the 21st March 2025.
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 Flat 3, 96, Grosvenor Place, Margate as the 101st largest and the 126th most expensive of the 198 addresses on Grosvenor Place, Margate, CT9.
Against the CT9 postcode district average, it is £83k less 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 Flat 3, 96, 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.
