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The public record describes 40, Union Street, Grantham as a modern house with 433 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
40, Union Street, Grantham has an estimated sale value of £111,258 and an estimated rental value of £637 per month, assuming reasonable condition and based on the information available.
Union Street, Grantham, NG31 lies in the borough of South Kesteven, within the NG31 postal district.
40, Union Street, Grantham has no records in the the Land Registry and a single entry in the EPC database dated February 2009.
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.
In very good condition, we estimate 40, Union Street, Grantham would be worth £116,821, with a potential rental value of £669 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,470, with a rental value of £593 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Union Street, Grantham has dropped by £5,161 (4.6%) over the last year. During the same period, its estimated monthly rental value has risen by £8 (1.3%). The property's estimated gross yield is currently 6.9%.
40, Union Street, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 520 metres of 40, Union Street, Grantham across the last 2 years.
Most recently, 7, Tyndal Road, Grantham, NG31 8AH, a freehold house, sold at £99,000 on the 14th September 2012.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Union Street, Grantham as the 24th largest and the 7th most expensive of the 27 addresses on Union Street, Grantham, NG31.
Against the NG31 postcode district average, it is £99k less expensive than the typical property.
Grantham station is the nearest stop to 40, Union Street, Grantham at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Union Street, Grantham, 57.1% of property is socially rented and 40.0% 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 40, Union Street, Grantham, 8.3% of residents are recorded as possessing school level qualifications and 17.4% 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 40, Union Street, Grantham, 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 40, Union Street, 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 40, Union Street, Grantham, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.