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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 72, Alexandra Road, Grantham is £67,262 and the estimated rental value is £388 per month.
The apartment is within 72, Alexandra Road, Grantham, NG31.
Alexandra Road, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
72, Alexandra Road, Grantham has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property 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 72, Alexandra Road, Grantham is in very good condition we estimate a sale value of £70,625 and a rental value of £407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,553 and a rental value of £360 per month.
Over the last 12 months the sale value of 72 Alexandra Road Grantham has decreased by an estimated £932 (1.4%) and its rental value has increased by an estimated £13 per month (3.4%), giving an expected gross yield of 6.9%.
72, Alexandra Road, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Sep 2016.
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, 72, Alexandra Road, Grantham was last sold on 20th January 2017 for £49,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2017, 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 72, Alexandra Road, Grantham within a radius of 570 metres over the last 2 years.
The most recent example is 131, Alexandra Road, Grantham, NG31 7AW, a leasehold flat which sold for £75,000 on the 23rd August 2024.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Grantham, NG31 has a total of 128 addresses. According to our analysis of all the public data, 72, Alexandra Road, Grantham is the 116th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in NG31.
The closest station to 72, Alexandra Road, Grantham is Grantham station which is 500 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 72, Alexandra Road, Grantham, 50.0% of property is privately rented and 25.4% 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 72, Alexandra Road, Grantham, 17.0% of residents are recorded as possessing school level qualifications and 18.2% 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 72, Alexandra Road, 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 72, Alexandra Road, 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 72, Alexandra Road, Grantham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.