1, Faraday Walk
1, Faraday Walk
Description & Estimates
Public records show 1, Faraday Walk, Grantham to be a modern freehold house with 1,001 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Faraday Walk, Grantham has an estimated sale value of £293,388 and an estimated rental value of £1,275 per month, assuming reasonable condition and based on the information available.
Faraday Walk, Colsterworth, Grantham, NG33 lies in the borough of South Kesteven, within the NG33 postal district.
Our Data Sources
1, Faraday Walk, Grantham has 2 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Faraday Walk, Grantham would be worth £308,058, with a potential rental value of £1,339 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £272,851, with a rental value of £1,186 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Faraday Walk, Grantham has dropped by £10,298 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (1.7%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
1, Faraday Walk, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Faraday Walk, Grantham last changed hands on 28th February 2017, selling for £249,995. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 29.2% since February 2017.
- Sold Feb 2017£249,995
- Sold Jun 2013£189,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of 1, Faraday Walk, Grantham across the last 2 years.
Most recently, 19, Watt Avenue, Grantham, NG33 5GL, a freehold house, sold at £286,000 on the 2nd May 2024.
Read more about house prices in NG33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Faraday Walk, Grantham as the 5th largest and the 5th most expensive of the 5 addresses on Faraday Walk, Colsterworth, Grantham, NG33.
Against the NG33 postcode district average, it is £24k less expensive than the typical property.
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Schools Nearby
- 600mColsterworth Church of England Primary School
- 4.6kmBuckminster Primary School
- 5.1kmSouth Witham Academy
- 7.5kmCharles Read Academy
- 10.1kmWalton Academy
- 11.2kmWest Grantham Church of England Secondary Academy
More reading links
Public Transport Nearby
Grantham station is the nearest stop to 1, Faraday Walk, Grantham at 10.9 kilometres away.
- 10.9kmGrantham
- 16.8kmOakham
- 18.2kmMelton Mowbray
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
