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18 Penrhyn Way is a residential building situated on Penrhyn Way, Grantham, NG31 with 6 addresses.
It ranks as the 333rd largest and 348th most expensive of the 385 buildings in the NG31 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
18 Penrhyn Way is a residential building situated on Penrhyn Way, Grantham, NG31 with 6 addresses.
It ranks as the 333rd largest and 348th most expensive of the 385 buildings in the NG31 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £136,312 for 2 bedroom leasehold flats (678 ft2) to £141,318 for 2 bedroom leasehold flats (731 ft2) .
Monthly rental prices range from £600 pcm for 2 bed flats to £612 pcm for 2 bed flats.
The gross rental yield is between 5.2% and 5.3%.
The average value per square foot is £197.
The last sale in 18 Penrhyn Way sold for £138,500 on 21st November 2025. Since then prices are up an average of 1.1%.
The current average value in the building is £138,655.
The 18 Penrhyn Way Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.8% | £138,655 |
| May 2025 | 1.3% | £141,218 |
| May 2024 | 0.6% | £139,404 |
| May 2023 | 3.4% | £138,624 |
| May 2022 | 6.7% | £134,040 |
| May 2021 | 2.6% | £125,668 |
| May 2020 | 1.8% | £122,484 |
| May 2019 | 0.3% | £120,325 |
| May 2018 | 2% | £119,971 |
| May 2017 | 3.6% | £117,649 |
| May 2016 | 2.3% | £113,531 |
| May 2015 | 4.6% | £111,013 |
| May 2014 | 5.4% | £106,134 |
| May 2013 | 2.3% | £100,729 |
| May 2012 | -2.1% | £98,507 |
| May 2011 | -0.7% | £100,636 |
| May 2010 | 1.2% | £101,369 |
| May 2009 | -18.1% | £100,130 |
| May 2008 | -2.6% | £122,196 |
| May 2007 | 0% | £125,434 |
The current average rental value in the building is £606.
The 18 Penrhyn Way Rental Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.3% | £606pcm |
| May 2025 | 2.6% | £581pcm |
| May 2024 | 6.3% | £566pcm |
| May 2023 | 8.3% | £532pcm |
| May 2022 | 4.6% | £491pcm |
| May 2021 | 5.1% | £470pcm |
| May 2020 | -0.6% | £447pcm |
| May 2019 | 1.6% | £450pcm |
| May 2018 | -0.7% | £443pcm |
| May 2017 | 0.9% | £446pcm |
| May 2016 | 3.6% | £442pcm |
| May 2015 | 2.2% | £427pcm |
| May 2014 | 0.9% | £418pcm |
| May 2013 | 0.3% | £414pcm |
| May 2012 | -1% | £413pcm |
| May 2011 | 1.3% | £417pcm |
| May 2010 | 1.4% | £412pcm |
| May 2009 | -7.3% | £406pcm |
| May 2008 | 1.2% | £438pcm |
| May 2007 | 0% | £433pcm |
The last sale was on 21st November 2025 for £138,500 and since then the market in the area has increased by 1.1%. The building has had a total of 11 sales since 1995.
18, Penrhyn Way, Grantham, NG31 8XD has seen 3 sales in the last three years and 3 sales in the last twelve months.
The closest station to 18, Penrhyn Way, Grantham, NG31 8XD is Grantham station which is 2.2 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Penrhyn Way, Grantham, NG31 8XD, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Penrhyn Way, Grantham, NG31 8XD, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Penrhyn Way, Grantham, NG31 8XD, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Penrhyn Way, Grantham, NG31 8XD, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.