Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 45, Melbourne Road, Grantham is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Melbourne Road, Grantham is £217,395 and the estimated rental value is £1,079 per month.
Melbourne Road, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
45, Melbourne Road, Grantham has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2021.
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.
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 45, Melbourne Road, Grantham is in very good condition we estimate a sale value of £228,265 and a rental value of £1,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,178 and a rental value of £1,003 per month.
Over the last 12 months the sale value of 45 Melbourne Road Grantham has decreased by an estimated £4,708 (2.2%) and its rental value has increased by an estimated £27 per month (2.5%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 45, Melbourne Road, Grantham sits on a plot of 245m2.
We have plot size data on 30 out of 47 other houses in the postcode and 45, Melbourne Road, Grantham sits on the 27th largest plot.
45, Melbourne Road, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 45, Melbourne Road, Grantham was last sold on 16th September 2021 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Melbourne Road, Grantham within a radius of 610 metres over the last 2 years.
The most recent example is 91, Queensway, Grantham, NG31 9RW, a freehold house which sold for £170,000 on the 21st June 2019.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Grantham, NG31 has a total of 74 addresses. According to our analysis of all the public data, 45, Melbourne Road, Grantham is the largest and the most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in NG31.
The closest station to 45, Melbourne Road, Grantham is Grantham station which is 2.4 kilometres away.
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 45, Melbourne Road, Grantham, 40.6% of property is privately owned outright and 25.0% 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 45, Melbourne Road, Grantham, 18.6% of residents are recorded as possessing school level qualifications and 15.2% 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 45, Melbourne Road, Grantham, the average age was 43.7 and the most common age was 12.
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 45, Melbourne Road, Grantham, 1.4% 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 45, Melbourne Road, Grantham, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
