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According to the public record, 1, First Avenue, Grantham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,134 ft2 of internal area and sits on a 285 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, First Avenue, Grantham is £242,914 and the estimated rental value is £1,118 per month.
First Avenue, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
1, First Avenue, Grantham has 41 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, First Avenue, Grantham is in very good condition we estimate a sale value of £255,060 and a rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,910 and a rental value of £1,040 per month.
Over the last 12 months the sale value of 1 First Avenue Grantham has decreased by an estimated £5,260 (2.2%) and its rental value has increased by an estimated £28 per month (2.5%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 1, First Avenue, Grantham sits on a plot of 285m2.
We have plot size data on 44 out of 47 other houses in the postcode and 1, First Avenue, Grantham sits on the 19th largest plot.
According to HM Land Registry, 1, First Avenue, Grantham was last sold on 24th September 2007 for £157,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2007, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, First Avenue, Grantham within a radius of 620 metres over the last 2 years.
The most recent example is 12, Windsor Drive, Grantham, NG31 9UB, a freehold house which sold for £200,000 on the 20th August 2021.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
First Avenue, Grantham, NG31 has a total of 78 addresses. According to our analysis of all the public data, 1, First Avenue, Grantham is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in NG31.
The closest station to 1, First Avenue, Grantham is Grantham station which is 2.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 1, First Avenue, Grantham, 43.2% of property is privately owned outright and 28.8% is privately rented.
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 1, First Avenue, Grantham, 11.8% of residents are recorded as possessing school level qualifications and 19.2% 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 1, First Avenue, Grantham, the average age was 45.7 and the most common age was 57.
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 1, First Avenue, Grantham, 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 1, First Avenue, Grantham, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.