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According to the public record, 55, Grey Friars, Grantham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 544 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Grey Friars, Grantham is £81,168 and the estimated rental value is £458 per month.
Grey Friars, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
55, Grey Friars, Grantham has a single entry in the Land Registry from April 2013 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 1 out of 5 and is considered of low 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 55, Grey Friars, Grantham is in very good condition we estimate a sale value of £85,226 and a rental value of £481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,486 and a rental value of £426 per month.
Over the last 12 months the sale value of 55 Grey Friars Grantham has decreased by an estimated £1,572 (1.9%) and its rental value has increased by an estimated £13 per month (2.8%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 55, Grey Friars, Grantham was last sold on 9th April 2013 for £58,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2013, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Grey Friars, Grantham within a radius of 580 metres over the last 2 years.
The most recent example is 1, Watergate, Grantham, NG31 6NS, a leasehold flat which sold for £110,000 on the 27th January 2025.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grey Friars, Grantham, NG31 has a total of 62 addresses. According to our analysis of all the public data, 55, Grey Friars, Grantham is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in NG31.
The closest station to 55, Grey Friars, Grantham is Grantham station which is 700 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 55, Grey Friars, 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 55, Grey Friars, 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 55, Grey Friars, 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 55, Grey Friars, 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 55, Grey Friars, 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.