Flat 1, 40
Flat 1, 40
Description & Estimates
According to the public record, Flat 1, 40, Cambridge Street, Grantham is a period leasehold apartment with 484 ft2 of internal area.
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 Flat 1, 40, Cambridge Street, Grantham is £63,473 and the estimated rental value is £389 per month.
The apartment is within 40, Cambridge Street, Grantham, NG31.
Cambridge Street, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
Our Data Sources
Flat 1, 40, Cambridge Street, Grantham has 31 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated August 2021.
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.
Price Range & Condition
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 Flat 1, 40, Cambridge Street, Grantham is in very good condition we estimate a sale value of £66,647 and a rental value of £408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,030 and a rental value of £361 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 40, Cambridge Street, Grantham has dropped by £765 (1.2%), while its estimated rental value has risen by £19 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
Flat 1, 40, Cambridge Street, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 40, Cambridge Street, Grantham was last sold on 30th May 2008 for £168,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2008, the market for similar properties has risen by 12.4%.
- Sold May 2008£168,000
- Sold Aug 2007£103,000
- Sold Sep 1999£18,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 40, Cambridge Street, Grantham within a radius of 500 metres over the last 2 years.
The most recent example is 76, Norton Street, Grantham, NG31 6BX, a leasehold flat which sold for £65,000 on the 4th September 2024.
Read more about house prices in NG31.
- Sold Sep 2024£65,000 | 2 Bed Flat76, Norton Street, Grantham, NG31 6BX76, Norton Street, Grantham, NG31 6BX
- Sold Dec 2022£60,000 | 2 Bed Flat80A, Norton Street, Grantham, NG31 6BY80A, Norton Street, Grantham, NG31 6BY
- Sold Aug 2014£38,000 | 2 Bed Flat1A, Cambridge Street, Grantham, NG31 6EZ1A, Cambridge Street, Grantham, NG31 6EZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cambridge Street, Grantham, NG31 has a total of 68 addresses. According to our analysis of all the public data, Flat 1, 40, Cambridge Street, Grantham is the 59th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in NG31.
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Schools Nearby
- 500mSt Anne's Church of England Primary School, Grantham
- 600mSt Wulfram's National Church of England Primary School
- 700mHuntingtower Community Primary Academy
- 500mKesteven and Grantham Girls' School
- 800mThe King's School, Grantham
- 1.6kmThe Priory Ruskin Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, 40, Cambridge Street, Grantham is Grantham station, which is 400 metres away.
- 400mGrantham
- 11.1kmAncaster
- 11.3kmBottesford
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
