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According to the public record, 9, Westminster Way, Grantham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 846 ft2 of internal area and sits on a 332 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Westminster Way, Grantham is £253,865 and the estimated rental value is £961 per month.
Westminster Way, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
9, Westminster Way, Grantham has a single entry in the Land Registry from November 2007 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 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, Westminster Way, Grantham is in very good condition we estimate a sale value of £266,558 and a rental value of £1,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,094 and a rental value of £894 per month.
Over the last 12 months the sale value of 9 Westminster Way Grantham has decreased by an estimated £10,526 (4.1%) and its rental value has increased by an estimated £17 per month (1.7%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 9, Westminster Way, Grantham sits on a plot of 332m2.
We have plot size data on 16 out of 19 other houses in the postcode and 9, Westminster Way, Grantham sits on the 10th largest plot.
According to HM Land Registry, 9, Westminster Way, Grantham was last sold on 15th November 2007 for £159,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Westminster Way, Grantham within a radius of 620 metres over the last 2 years.
The most recent example is 8, Westminster Way, Grantham, NG31 8PQ, a freehold house which sold for £246,100 on the 30th September 2022.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westminster Way, Grantham, NG31 has a total of 19 addresses. According to our analysis of all the public data, 9, Westminster Way, Grantham is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in NG31.
The closest station to 9, Westminster Way, Grantham is Grantham station which is 1.2 kilometres 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, Westminster Way, Grantham, 60.6% of property is privately owned outright and 28.0% 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 9, Westminster Way, Grantham, 8.9% of residents are recorded as possessing school level qualifications and 24.2% 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 9, Westminster Way, 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 9, Westminster Way, 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 9, Westminster Way, Grantham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.