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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 53, South Parade, Grantham is a period freehold house with 1,410 ft2 of internal area.
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 53, South Parade, Grantham is £218,168 and the estimated rental value is £1,090 per month.
South Parade, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
53, South Parade, Grantham has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 53, South Parade, Grantham is in very good condition we estimate a sale value of £229,077 and a rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,897 and a rental value of £1,014 per month.
Over the last 12 months the sale value of 53 South Parade Grantham has decreased by an estimated £7,722 (3.5%) and its rental value has increased by an estimated £27 per month (2.5%), giving an expected gross yield of 6%.
53, South Parade, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2019.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 53, South Parade, Grantham was last sold on 16th December 2019 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has risen 80.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, South Parade, Grantham within a radius of 660 metres over the last 2 years.
The most recent example is 5, South Parade, Grantham, NG31 6HT, a freehold house which sold for £150,000 on the 12th May 2023.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Parade, Grantham, NG31 has a total of 44 addresses. According to our analysis of all the public data, 53, South Parade, Grantham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NG31.
The closest station to 53, South Parade, Grantham is Grantham station which is 700 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 53, South Parade, Grantham, 38.1% of property is privately rented and 34.1% 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 53, South Parade, Grantham, 19.9% of residents are recorded as possessing school level qualifications and 23.6% 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 53, South Parade, Grantham, the average age was 39.1 and the most common age was 32.
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 53, South Parade, Grantham, 2.8% 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 53, South Parade, 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.
