16, Union Street
16, Union Street
Description & Estimates
16, Union Street, Grantham is described in the public record as a modern apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Union Street, Grantham is £94,023 and its rental estimate is £496 per month, given the available information and assuming reasonable condition.
Union Street, Grantham, NG31 falls within the NG31 postal district, in the borough of South Kesteven.
Our Data Sources
16, Union Street, Grantham has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Union Street, Grantham, we estimate a market value of £98,724 and a rental value of £521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,441 and £462 per month respectively.
Recent Market Change
Over the last year, 16, Union Street, Grantham has seen its estimated sale value move down by £1,614 (1.7%) and its estimated rental value increase by £22 per month (4.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
16, Union Street, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Union Street, Grantham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th March 2023, was Flat 12, Kesteven Court, New Street, Grantham, NG31 8FP, a leasehold flat which sold for £95,000.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Union Street, Grantham, NG31, 16, Union Street, Grantham comes out as the 21st largest and the 23rd most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the NG31 district.
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Schools Nearby
- 300mSt Wulfram's National Church of England Primary School
- 800mHuntingtower Community Primary Academy
- 900mThe Little Gonerby Church of England Primary Academy, Grantham
- 300mThe King's School, Grantham
- 700mKesteven and Grantham Girls' School
- 1.1kmThe Priory Ruskin Academy
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Public Transport Nearby
From 16, Union Street, Grantham, the nearest station is Grantham, 800 metres away.
- 800mGrantham
- 10.7kmBottesford
- 11.0kmAncaster
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
