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According to the public record, 41B, George Street, Grantham is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41B, George Street, Grantham is £63,692 and the estimated rental value is £393 per month.
The apartment is within 41, George Street, Grantham, NG31.
George Street, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
41B, George Street, Grantham has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2018.
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.
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 41B, George Street, Grantham is in very good condition we estimate a sale value of £66,877 and a rental value of £412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,234 and a rental value of £365 per month.
Over the last 12 months the sale value of 41B George Street Grantham has decreased by an estimated £1,093 (1.7%) and its rental value has increased by an estimated £17 per month (4.4%), giving an expected gross yield of 7.4%.
41B, George Street, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2018.
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, 41B, George Street, Grantham was last sold on 5th March 2021 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B, George Street, Grantham within a radius of 520 metres over the last 2 years.
The most recent example is 25A, London Road, Grantham, NG31 6EX, a leasehold flat which sold for £75,000 on the 5th August 2024.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Street, Grantham, NG31 has a total of 53 addresses. According to our analysis of all the public data, 41B, George Street, Grantham is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in NG31.
The closest station to 41B, George Street, Grantham is Grantham station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 41B, George Street, 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 41B, George Street, 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 41B, George Street, 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 41B, George Street, 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.
