40 Commercial Road

    40, COMMERCIAL ROAD, GRANTHAM, NG31 6DE

    This flat/maisonette leasehold property on Commercial Road last sold in March 2022 for £83,000. Based on price growth in the NG31 district since then, its estimated current value is £86,882 — placing it in the 2nd percentile nationally and the 3rd percentile within NG31. The property covers 72 m² (775 sq ft), giving an estimated value of £1,207 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £83,000

    Mar 2022

    Estimated Valuation

    £86,882

    Est. £/m²

    £1,207/m²

    £112/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area72 m² (775 sq ft)
    EPC dateApr 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2022

    £83,000

    Key Metrics

    Estimated valuation£86,882
    Value per m² / sq ft£1,207/m² (£112/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG31 district percentile3rd percentile
    National percentile2nd percentile

    District Context — NG31

    NG31 covers Grantham and surrounding villages in South Lincolnshire, positioned between the East Midlands and East Anglia. It is a market town area with a blend of established residential neighbourhoods and suburban character, offering practical family living with good transport links.

    Average Property Price - NG31

    £229,218

    21

    National percentile

    Average Net Household Income - NG31

    £38,659

    52

    National percentile

    10-Year Annualised Price Growth - NG31

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG31

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