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Westminster Way is a residential street with 19 addresses.
It ranks as the 301st largest and 520th 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 19 properties: 19 houses.
Westminster Way is a residential street with 19 addresses.
It ranks as the 301st largest and 520th 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 19 properties: 19 houses.
Sale prices range from £213,842 for 2 bedroom freehold houses with a garden (635 ft2) to £412,529 for 5 bedroom freehold houses with a garden (2,088 ft2) .
Monthly rental prices range from £825 pcm for 2 bed houses to £1,408 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.7%.
The average value per square foot is £276.
The last sale on Westminster Way sold for £340,000 on 31st May 2024. Since then prices are down an average of 1.1%.
The current average value in the street is £296,415.
The Westminster Way Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.1% | £296,415 |
| May 2025 | 2.9% | £308,949 |
| May 2024 | -0.6% | £300,348 |
| May 2023 | 4.8% | £302,075 |
| May 2022 | 9.4% | £288,161 |
| May 2021 | 6.6% | £263,333 |
| May 2020 | 2.8% | £247,088 |
| May 2019 | 1.4% | £240,304 |
| May 2018 | 4.1% | £237,087 |
| May 2017 | 5.6% | £227,854 |
| May 2016 | 4.3% | £215,696 |
| May 2015 | 5.2% | £206,817 |
| May 2014 | 6.6% | £196,509 |
| May 2013 | 3% | £184,319 |
| May 2012 | -0.9% | £179,036 |
| May 2011 | -0.6% | £180,671 |
| May 2010 | 3.8% | £181,681 |
| May 2009 | -16.8% | £175,101 |
| May 2008 | -1.1% | £210,535 |
| May 2007 | 0% | £212,840 |
The current average rental value in the street is £1,070.
The Westminster Way Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,070pcm |
| May 2025 | 4.2% | £1,049pcm |
| May 2024 | 5.2% | £1,007pcm |
| May 2023 | 9.6% | £957pcm |
| May 2022 | 7.3% | £873pcm |
| May 2021 | 9.2% | £814pcm |
| May 2020 | 0.5% | £746pcm |
| May 2019 | 2.6% | £742pcm |
| May 2018 | 1.3% | £723pcm |
| May 2017 | 2.8% | £714pcm |
| May 2016 | 5.6% | £695pcm |
| May 2015 | 2.8% | £658pcm |
| May 2014 | 2.1% | £639pcm |
| May 2013 | 0.9% | £626pcm |
| May 2012 | 0.4% | £621pcm |
| May 2011 | 1.3% | £618pcm |
| May 2010 | 4% | £610pcm |
| May 2009 | -5.9% | £587pcm |
| May 2008 | 2.8% | £623pcm |
| May 2007 | 0% | £607pcm |
The last sale was on 31st May 2024 for £340,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 30 sales since 1995.
Westminster Way, Grantham, NG31 has seen 2 sales in the last three years and no sales in the last twelve months.
Westminster Way, Grantham, NG31 is the 301st largest and the 520th most expensive street in the NG31 area.
There is 1 postcode on Westminster Way, Grantham, NG31.
The closest station to Westminster Way, Grantham, NG31 is Grantham station which is 1.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Westminster Way, Grantham, NG31, 60.6% of property is privately owned outright and 28.0% 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 Westminster Way, Grantham, NG31, 8.9% of residents are recorded as possessing school level qualifications and 24.2% 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 Westminster Way, Grantham, NG31, the average age was 42.8 and the most common age was 52.
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 Westminster Way, Grantham, NG31, 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 Westminster Way, Grantham, NG31, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.