2 Grotto Gardens

    2, GROTTO GARDENS, MARGATE, CT9 2BX

    This terraced freehold property on Grotto Gardens last sold in October 2021 for £280,000. Based on price growth in the CT9 district since then, its estimated current value is £297,409 — placing it in the 49th percentile nationally and the 55th percentile within CT9. The property covers 87 m² (936 sq ft), giving an estimated value of £3,418 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £280,000

    Oct 2021

    Estimated Valuation

    £297,409

    Est. £/sq ft

    £318/sq ft

    £3,418/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateJun 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Oct 2021

    £280,000

    Key Metrics

    Estimated valuation£297,409
    Value per sq ft / m²£318/sq ft (£3,418/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CT9 district percentile55th percentile
    National percentile49th 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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