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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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51B, George Street, Grantham is described in the public record as a modern apartment with 419 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 51B, George Street, Grantham is £65,140 and its rental estimate is £402 per month, given the available information and assuming reasonable condition.
51, George Street is a residential building on George Street, Grantham, NG31 and falls within the NG31 postal district and the borough of South Kesteven.
51B, George Street, Grantham has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51B, George Street, Grantham, we estimate a market value of £68,397 and a rental value of £422 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £60,580 and £374 per month respectively.
Over the last year, 51B, George Street, Grantham has seen its estimated sale value decrease by £1,118 (1.7%) and its estimated rental value grow by £18 per month (4.4%). This results in an estimated gross rental yield of 7.4%.
51B, George Street, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 51B, George Street, Grantham completed on 30th September 2004 at £48,750 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 51B, George Street, Grantham have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2024, was 25A, London Road, Grantham, NG31 6EX, a leasehold flat which sold for £75,000.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 53 addresses on George Street, Grantham, NG31, 51B, George Street, Grantham comes out as the 51st largest and the 51st most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the NG31 district.
From 51B, George Street, Grantham, the nearest station is Grantham, 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 51B, 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 51B, 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 51B, 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 51B, 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.
