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According to the public record, 9, Commercial Road, Grantham is a period house with 1,054 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Commercial Road, Grantham is £123,921 and the estimated rental value is £670 per month.
Commercial Road, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
9, Commercial Road, Grantham has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 9, Commercial Road, Grantham is in very good condition we estimate a sale value of £130,117 and a rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,247 and a rental value of £623 per month.
Over the last 12 months the sale value of 9 Commercial Road Grantham has decreased by an estimated £5,138 (4.1%) and its rental value has increased by an estimated £12 per month (1.7%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 9, Commercial Road, Grantham sits on a plot of 105m2.
We have plot size data on 14 out of 35 other houses in the postcode and 9, Commercial Road, Grantham sits on the 9th largest plot.
9, Commercial Road, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9, Commercial Road, Grantham was last sold on 14th November 1997 for £35,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Commercial Road, Grantham within a radius of 480 metres over the last 2 years.
The most recent example is 5, Commercial Road, Grantham, NG31 6DB, a freehold house which sold for £117,000 on the 15th September 2023.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, Grantham, NG31 has a total of 87 addresses. According to our analysis of all the public data, 9, Commercial Road, Grantham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NG31.
The closest station to 9, Commercial Road, Grantham is Grantham station which is 200 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 9, Commercial Road, Grantham, 66.2% of property is privately rented and 18.8% is socially 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 9, Commercial Road, Grantham, 8.0% of residents are recorded as possessing school level qualifications and 22.3% 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 9, Commercial 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 9, Commercial Road, Grantham, 1.1% 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 9, Commercial Road, Grantham, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.