40 Grotto Road

    40, GROTTO ROAD, MARGATE, CT9 2BT

    This terraced freehold property on Grotto Road last sold in June 2023 for £157,000. Based on price growth in the CT9 district since then, its estimated current value is £153,947 — placing it in the 13th percentile nationally and the 14th percentile within CT9. The property covers 27 m² (291 sq ft), giving an estimated value of £5,702 per m². The EPC rating is F, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    291 sq ft

    27 m²

    Last Sale Price

    £157,000

    Jun 2023

    Estimated Valuation

    £153,947

    Est. £/sq ft

    £530/sq ft

    £5,702/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentF
    EPC potentialA
    Floor area291 sq ft (27 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    5 Jun 2023

    £157,000

    Key Metrics

    Estimated valuation£153,947
    Value per sq ft / m²£530/sq ft (£5,702/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile14th percentile
    National percentile13th percentile

    District Context — CT9

    CT9 covers the Isle of Sheppey, including the towns of Sittingbourne, Faversham and the surrounding areas in north Kent. It is a mixed residential area with a blend of coastal and rural character, offering more affordable housing than many parts of the south-east.

    Average Property Price - CT9

    £298,363

    41

    National percentile

    Average Net Household Income - CT9

    £35,935

    37

    National percentile

    10-Year Annualised Price Growth - CT9

    5.7%

    95

    National percentile

    10-Year Annualised Rent Growth - CT

    4.5%

    83

    National percentile

    View full analysis for CT9

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