56 Albert Street

    56, ALBERT STREET, GRANTHAM, NG31 6HY

    This flat/maisonette leasehold property on Albert Street last sold in August 2020 for £80,000. Based on price growth in the NG31 district since then, its estimated current value is £93,755 — placing it in the 3rd percentile nationally and the 4th percentile within NG31. The property covers 48 m² (517 sq ft), giving an estimated value of £1,953 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    48 m²

    (517 sq ft)

    Last Sale Price

    £80,000

    Aug 2020

    Estimated Valuation

    £93,755

    Est. £/m²

    £1,953/m²

    £181/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area48 m² (517 sq ft)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    13 Aug 2020

    £80,000

    15 Sept 2016

    £75,000

    31 Jan 2007

    £84,950

    25 Nov 1998

    £27,250

    21 Aug 1996

    £24,750

    Key Metrics

    Estimated valuation£93,755
    Value per m² / sq ft£1,953/m² (£181/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG31 district percentile4th percentile
    National percentile3rd 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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