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Company No. 11113204
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According to the public record, 47, Mercia Drive, Grantham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,495 ft2 of internal area and sits on a 228 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 47, Mercia Drive, Grantham is £306,502 and the estimated rental value is £1,432 per month.
Mercia Drive, Ancaster, Grantham, NG32 is located in the borough of South Kesteven within the NG32 postal district.
47, Mercia Drive, Grantham has 21 entries in the Land Registry , most recently in March 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 3 out of 5 and is considered of medium 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 47, Mercia Drive, Grantham is in very good condition we estimate a sale value of £321,827 and a rental value of £1,504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,047 and a rental value of £1,332 per month.
Over the last 12 months the sale value of 47 Mercia Drive Grantham has decreased by an estimated £8,222 (2.7%) and its rental value has increased by an estimated £38 per month (2.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 47, Mercia Drive, Grantham sits on a plot of 228m2.
We have plot size data on 55 out of 64 other houses in the postcode and 47, Mercia Drive, Grantham sits on the 51st largest plot.
According to HM Land Registry, 47, Mercia Drive, Grantham was last sold on 16th March 2007 for £192,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2007, the market for similar properties has risen 90.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Mercia Drive, Grantham within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 4, Lancaster Avenue, Grantham, NG32 3FL, a freehold house which sold for £311,995 on the 6th December 2024.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercia Drive, Ancaster, Grantham, NG32 has a total of 64 addresses. According to our analysis of all the public data, 47, Mercia Drive, Grantham is the 8th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NG32.
The closest station to 47, Mercia Drive, Grantham is Ancaster station which is 500 metres 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 47, Mercia Drive, Grantham, 40.3% of property is privately owned with a mortgage and 39.2% is privately owned outright.
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 47, Mercia Drive, Grantham, 21.1% of residents are recorded as possessing school level qualifications and 26.5% 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 47, Mercia Drive, Grantham, the average age was 47 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 47, Mercia Drive, 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 47, Mercia Drive, Grantham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
