According to the public record, 54, Grange Lane South, Scunthorpe is a mid-century leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Grange Lane South, Scunthorpe, DN16 is located within the DN16 postal district.
54, Grange Lane South, Scunthorpe has 31 entries in the Land Registry database, most recently in June 2024 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 54 Grange Lane South Scunthorpe as £58,939 and the rental value as £310 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 54 Grange Lane South Scunthorpe has increased by £591 (1.0%) and its rental value has increased by £8 per month (2.7%).
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 54, Grange Lane South, Scunthorpe is in very good condition we estimate a sale value of £61,886 and rental value of £326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,813 and a rental value of £288 per month.
If you were able to purchase this property for the estimated value of £58,939, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £290 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 54, Grange Lane South, Scunthorpe was last sold on 14 Jun 2024 for £60,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Grange Lane South, Scunthorpe within a radius of 453m over the last 2 years.
The most recent example is 184, Queensway, Scunthorpe, DN16 2JH, a Leasehold flat which sold for £55,000 in Feb 2024.
Read more about house prices in DN16.
Grange Lane South, Scunthorpe, DN16 has a total of 278 addresses. According to our analysis of all the public data, 54, Grange Lane South, Scunthorpe is the 246th largest and the 267th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in DN16.
54, Grange Lane South, Scunthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 54, Grange Lane South, Scunthorpe is Scunthorpe station which is 2.7 km 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 54, Grange Lane South, Scunthorpe, 62.2% of property is socially rented and 13.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 54, Grange Lane South, Scunthorpe, 25.3% of residents are recorded as possessing school level qualifications and 13.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 54, Grange Lane South, Scunthorpe, the average age was 36.8 and the most common age was 32.
The graph below shows how this compares to Yorkshire and The Humber 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 54, Grange Lane South, Scunthorpe, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 54, Grange Lane South, Scunthorpe, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.