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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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According to the public record, Flat 2, 18, Penrhyn Way, Grantham is a modern leasehold apartment with 688 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 Flat 2, 18, Penrhyn Way, Grantham is £137,326 and the estimated rental value is £602 per month.
The apartment is within 18, Penrhyn Way, Grantham, NG31.
Penrhyn Way, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
Flat 2, 18, Penrhyn Way, Grantham has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 2, 18, Penrhyn Way, Grantham is in very good condition we estimate a sale value of £144,193 and a rental value of £633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,714 and a rental value of £560 per month.
Over the last 12 months the sale value of Flat 2 18 Penrhyn Way Grantham has decreased by an estimated £2,357 (1.7%) and its rental value has increased by an estimated £27 per month (4.4%), giving an expected gross yield of 5.3%.
Flat 2, 18, Penrhyn Way, Grantham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 18, Penrhyn Way, Grantham was last sold on 31st May 2018 for £119,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has dropped 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18, Penrhyn Way, Grantham within a radius of 810 metres over the last 2 years.
The most recent example is Flat 4, 18, Penrhyn Way, Grantham, NG31 8XD, a leasehold flat which sold for £138,500 on the 21st November 2025.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penrhyn Way, Grantham, NG31 has a total of 46 addresses. According to our analysis of all the public data, Flat 2, 18, Penrhyn Way, Grantham is the 41st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NG31.
The closest station to Flat 2, 18, Penrhyn Way, Grantham is Grantham station which is 2.2 kilometres away.
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 Flat 2, 18, Penrhyn Way, 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 Flat 2, 18, Penrhyn Way, 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 Flat 2, 18, Penrhyn Way, 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 Flat 2, 18, Penrhyn Way, 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.
