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Paine Close is a residential street with 20 addresses.
It ranks as the 308th largest and 477th most expensive of the 669 streets in the NG31 area. The dominant property type is a modern house built after 1980.
The street contains a total of 20 properties: 16 houses and 4 flats.
Paine Close is a residential street with 20 addresses.
It ranks as the 308th largest and 477th most expensive of the 669 streets in the NG31 area. The dominant property type is a modern house built after 1980.
The street contains a total of 20 properties: 16 houses and 4 flats.
Sale prices range from £130,555 for 2 bedroom leasehold flats (516 ft2) to £369,730 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £603 pcm for 2 bed flats to £1,289 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 5.5%.
The average value per square foot is £312.
The last sale on Paine Close sold for £379,995 on 10th November 2022. Since then prices are down an average of 0.9%.
The current average value in the street is £258,755.
The Paine Close Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.2% | £258,755 |
| May 2025 | 2.6% | £267,243 |
| May 2024 | -0.4% | £260,528 |
| May 2023 | 4.1% | £261,657 |
| May 2022 | 8.3% | £251,301 |
| May 2021 | 5.4% | £232,061 |
| May 2020 | 2.9% | £220,234 |
| May 2019 | 0.8% | £213,939 |
| May 2018 | 3.5% | £212,249 |
| May 2017 | 4.9% | £204,996 |
| May 2016 | 3.5% | £195,370 |
| May 2015 | 5.3% | £188,764 |
| May 2014 | 5.7% | £179,303 |
| May 2013 | 2.5% | £169,654 |
| May 2012 | -0.8% | £165,483 |
| May 2011 | -0.5% | £166,893 |
| May 2010 | 3.5% | £167,699 |
| May 2009 | -16.5% | £162,087 |
| May 2008 | -1.4% | £194,190 |
| May 2007 | 0% | £196,881 |
The current average rental value in the street is £987.
The Paine Close Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £987pcm |
| May 2025 | 3.9% | £960pcm |
| May 2024 | 5.3% | £924pcm |
| May 2023 | 9.1% | £878pcm |
| May 2022 | 6.1% | £805pcm |
| May 2021 | 8% | £758pcm |
| May 2020 | 0.4% | £702pcm |
| May 2019 | 2.1% | £699pcm |
| May 2018 | 0.8% | £685pcm |
| May 2017 | 2.2% | £679pcm |
| May 2016 | 4.8% | £665pcm |
| May 2015 | 2.8% | £635pcm |
| May 2014 | 1.2% | £617pcm |
| May 2013 | 0.7% | £610pcm |
| May 2012 | 0.1% | £605pcm |
| May 2011 | 1.6% | £605pcm |
| May 2010 | 3.6% | £595pcm |
| May 2009 | -5.8% | £575pcm |
| May 2008 | 2.5% | £610pcm |
| May 2007 | 0% | £595pcm |
The last sale was on 10th November 2022 for £379,995 and since then the market in the area has decreased by 0.9%. The street has had a total of 6 sales since 1995.
Paine Close, Grantham, NG31 has seen no sales in the last three years and no sales in the last twelve months.
Paine Close, Grantham, NG31 is the 308th largest and the 477th most expensive street in the NG31 area.
There is 1 postcode on Paine Close, Grantham, NG31.
The closest station to Paine Close, Grantham, NG31 is Grantham station which is 2.5 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 Paine Close, Grantham, NG31, 54.0% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 Paine Close, Grantham, NG31, 15.5% of residents are recorded as possessing school level qualifications and 35.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Paine Close, Grantham, NG31, the average age was 48.9 and the most common age was 72.
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 Paine Close, Grantham, NG31, 0.6% 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 Paine Close, Grantham, NG31, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.