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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, 65, Alexandra Road, Grantham is £69,230 and the estimated rental value is £400 per month.
The apartment is within 65, Alexandra Road, Grantham, NG31.
Alexandra Road, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
Flat 2, 65, Alexandra Road, Grantham has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 2, 65, Alexandra Road, Grantham is in very good condition we estimate a sale value of £72,691 and a rental value of £420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,384 and a rental value of £372 per month.
Over the last 12 months the sale value of Flat 2 65 Alexandra Road Grantham has decreased by an estimated £1,341 (1.9%) and its rental value has increased by an estimated £11 per month (2.8%), giving an expected gross yield of 6.9%.
Flat 2, 65, Alexandra Road, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 65, Alexandra Road, Grantham within a radius of 570 metres over the last 2 years.
The most recent example is 93, Alexandra Road, Grantham, NG31 7AW, a leasehold flat which sold for £64,500 on the 30th September 2022.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Grantham, NG31 has a total of 128 addresses. According to our analysis of all the public data, Flat 2, 65, Alexandra Road, Grantham is the 118th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in NG31.
The closest station to Flat 2, 65, Alexandra Road, Grantham is Grantham station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 65, Alexandra Road, Grantham, 50.0% of property is privately rented and 25.4% is privately owned with a mortgage.
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, 65, Alexandra Road, Grantham, 17.0% of residents are recorded as possessing school level qualifications and 18.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 65, Alexandra Road, Grantham, the average age was 39.1 and the most common age was 32.
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, 65, Alexandra Road, 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, 65, Alexandra Road, Grantham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.