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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 59A, Castlegate, Grantham is £71,410 and the estimated rental value is £396 per month.
The apartment is within 59, Castlegate, Grantham, NG31.
Castlegate, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
59A, Castlegate, Grantham has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data 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 59A, Castlegate, Grantham is in very good condition we estimate a sale value of £74,980 and a rental value of £416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,411 and a rental value of £369 per month.
Over the last 12 months the sale value of 59A Castlegate Grantham has decreased by an estimated £990 (1.4%) and its rental value has increased by an estimated £13 per month (3.4%), giving an expected gross yield of 6.7%.
59A, Castlegate, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 59A, Castlegate, Grantham was last sold on 1st February 2002 for £48,000 and was recorded as a leasehold flat.
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 59A, Castlegate, Grantham within a radius of 500 metres over the last 2 years.
The most recent example is 45A, Cambridge Street, Grantham, NG31 6EZ, a leasehold flat which sold for £65,000 on the 20th July 2022.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlegate, Grantham, NG31 has a total of 85 addresses. According to our analysis of all the public data, 59A, Castlegate, Grantham is the 57th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in NG31.
The closest station to 59A, Castlegate, Grantham is Grantham station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 59A, Castlegate, Grantham, % of property is and % is .
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 59A, Castlegate, Grantham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 59A, Castlegate, 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 59A, Castlegate, Grantham, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.