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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 2A, Railway Terrace, Grantham to be a period freehold house with 409 ft2 of internal area, sitting on a 15 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
2A, Railway Terrace, Grantham has an estimated sale value of £84,629 and an estimated rental value of £485 per month, assuming reasonable condition and based on the information available.
Railway Terrace, Grantham, NG31 lies in the borough of South Kesteven, within the NG31 postal district.
2A, Railway Terrace, Grantham has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 2A, Railway Terrace, Grantham would be worth £88,861, with a potential rental value of £509 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,705, with a rental value of £451 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2A, Railway Terrace, Grantham has dropped by £3,925 (4.6%) over the last year. During the same period, its estimated monthly rental value has risen by £6 (1.3%). The property's estimated gross yield is currently 6.9%.
2A, Railway Terrace, Grantham occupies a 15 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 5th largest.
2A, Railway Terrace, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
2A, Railway Terrace, Grantham last changed hands on 22nd August 2012, selling for £21,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 118.5% since August 2012.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 2A, Railway Terrace, Grantham across the last 2 years.
Most recently, 5A, Fletcher Street, Grantham, NG31 6BP, a freehold house, sold at £90,000 on the 28th July 2023.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2A, Railway Terrace, Grantham as the 9th largest and the 9th most expensive of the 14 addresses on Railway Terrace, Grantham, NG31.
Against the NG31 postcode district average, it is £125k less expensive than the typical property.
Grantham station is the nearest stop to 2A, Railway Terrace, Grantham at 200 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Railway Terrace, Grantham, 61.2% of property is privately rented and 18.5% 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 2A, Railway Terrace, Grantham, 10.5% of residents are recorded as possessing school level qualifications and 19.5% 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 2A, Railway Terrace, 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 2A, Railway Terrace, Grantham, 0.4% 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 2A, Railway Terrace, Grantham, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
