Flat 1, New Lodge
Flat 1, New Lodge
Description & Estimates
The public record describes Flat 1, New Lodge, Grantham as a modern apartment with 290 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, New Lodge, Grantham has an estimated sale value of £86,547 and an estimated rental value of £395 per month, assuming reasonable condition and based on the information available.
The apartment sits within New Lodge, Riverside Walk, Grantham, NG31.
Riverside Walk, Grantham, NG31 lies in the borough of South Kesteven, within the NG31 postal district.
Our Data Sources
Flat 1, New Lodge, Grantham has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, New Lodge, Grantham would be worth £90,875, with a potential rental value of £414 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £80,489, with a rental value of £367 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, New Lodge, Grantham has dropped by £1,445 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £18 (4.5%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 1, New Lodge, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 560 metres of Flat 1, New Lodge, Grantham across the last 2 years.
Most recently, 21 The Waterfront, Welham Street, Grantham, NG31 6QQ, a leasehold flat, sold at £60,000 on the 30th March 2015.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, New Lodge, Grantham as the 5th largest and the 5th most expensive of the 8 addresses on Riverside Walk, Grantham, NG31.
Against the NG31 postcode district average, it is £123k less expensive than the typical property.
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Schools Nearby
- 300mSt Wulfram's National Church of England Primary School
- 500mSaint Mary's Catholic Voluntary Academy
- 500mThe Little Gonerby Church of England Primary Academy, Grantham
- 200mKesteven and Grantham Girls' School
- 500mThe King's School, Grantham
- 1.3kmThe Priory Ruskin Academy
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Public Transport Nearby
Grantham station is the nearest stop to Flat 1, New Lodge, Grantham at 800 metres away.
- 800mGrantham
- 10.7kmAncaster
- 11.2kmBottesford
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
