Area Guide For Grantham

Grantham is a business/market town inside the South Kesteven locale of Lincolnshire, England. It straddles the London to Edinburgh East Coast Main Line route and the River Witham, and is limited to the west by the A1 principle north-south street.

The occupant populace at the 2001 Statistics was 34,592 in around 18,000 family units, barring the contiguous town of Great Gonerby.

The town is best known as the origination of previous leader Margaret Thatcher, and the spot where Isaac Newton went to class, at The King's School. It is near to an old Roman street, and was the scene of Oliver Cromwell's first playing point over Royalists amid the English Civil War at Gonerby Moor


Grantham Map

Estimated Price: £187,477
Average Asking Price: £244,715
Price change in last one year: £12,328
Average Price Paid: £161,638
Average Rent Rates: £729


Property Prices Breakdown in Grantham

Average Price for property in Grantham is around £187,477 which varies based on type of property you are interested in and ranges from £262,610 for detached house to around £143,967 for semi-detached. Similarly terraced house is around £114,024 and a flat is worth £92,002. Values have been changing and have risen £1,680 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,350 in last 6 months, £12,328 in last 1 year, £16,497 in last 2 years, £17,786 in last 3 years, £14,875 in last 4 years and £18,305 in last 5 years.

Currently average asking price of a property in Grantham is around £244,715 based on approximately 962 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £729 per month.

Estimated property value in Grantham is £187,477. Average asking price is £244,715 while average price paid is £166,636 which is up by £12,328 and Avg. asking rent £729.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Grantham area. In last 1 year alone average price buyer paid is around £166,636 based on approximately 962 sales in Grantham area alone. If you compare it to last 3 years sales of 2,849 properties where buyers paid around £161,837. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £161,638 for 4,526 and average amount paid for purchase of approx. 6,107 properties sold in last 7 years comes to about £161,232 per sale.


Properties For Sale in Grantham


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £79,975, £111,820 for a 2 bedroom house, £175,768 for a 3 bedroom house, £319,354 for a 4 bedroom house and £467,135 for a 5 bedroom house. For a flat similarly the prices varies from £91,973 for a single bedroom to £103,306 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £134,975. To sum up the asking prices for properties in Grantham it comes to around average £90,561 for 1 bedroom property, £109,872 for 2 bedroom, £175,261 for 3 bedroom, £319,354 for 4 bedroom and £467,135 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £512 for 2 bedrooms, £637 for 3 bedrooms, £862 for 4 bedrooms and £1,830 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £468. You should be generally be expecting around average £399 rent per month for single bedroom property, £497 for 2 bedroom, £637 for 3 bedroom, £862 for 4 bedroom and approximately £1,830 for a 5 bedroom property in Grantham area.

Popular Houses in Grantham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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