66, Mercia Drive
66, Mercia Drive
Description & Estimates
66, Mercia Drive, Grantham is recorded publicly as a modern freehold house across 645 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 66, Mercia Drive, Grantham is £186,602 and its rental estimate is £996 per month, given the available information and assuming reasonable condition.
Mercia Drive, Ancaster, Grantham, NG32 falls within the NG32 postal district, in the borough of South Kesteven.
Our Data Sources
66, Mercia Drive, Grantham has 31 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated January 2018.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 66, Mercia Drive, Grantham, we estimate a market value of £195,932 and a rental value of £1,046 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,540 and £926 per month respectively.
Recent Market Change
Over the last year, 66, Mercia Drive, Grantham has seen its estimated sale value move down by £5,852 (3.1%) and its estimated rental value increase by £25 per month (2.5%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
66, Mercia Drive, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 66, Mercia Drive, Grantham completed on 27th April 2018 at £151,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 17.8% over the period since April 2018.
- Sold Apr 2018£151,000
- Sold Nov 2011£106,500
- Sold Apr 2001£57,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 66, Mercia Drive, Grantham have sold within a radius of 5.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was 3, Sterling Way, Grantham, NG32 3FP, a freehold house which sold for £74,718.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 64 addresses on Mercia Drive, Ancaster, Grantham, NG32, 66, Mercia Drive, Grantham comes out as the 62nd largest and the 63rd most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the NG32 district.
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Schools Nearby
- 200mAncaster CofE Primary School
- 4.2kmRauceby Church of England Primary School
- 6.1kmBarkston and Syston CofE Primary School
- 8.0kmSt George's Academy
- 8.1kmKesteven and Sleaford High School Selective Academy
- 8.3kmCarre's Grammar School
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Public Transport Nearby
From 66, Mercia Drive, Grantham, the nearest station is Ancaster, 500 metres away.
- 500mAncaster
- 5.0kmRauceby
- 8.2kmSleaford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
