According to the public record, Flat 22, Grayrigge Court, Grange-Over-Sands is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Grayrigge Court, Kents Bank Road, Grange-Over-Sands, LA11.
Kents Bank Road, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
Flat 22, Grayrigge Court, Grange-Over-Sands has 2 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated December 2022.
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 Flat 22 Grayrigge Court Grange-Over-Sands as £86,253 and the rental value as £608 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 22 Grayrigge Court Grange-Over-Sands has increased by £92 (0.1%) and its rental value has increased by £27 per month (4.4%).
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 22, Grayrigge Court, Grange-Over-Sands is in very good condition we estimate a sale value of £90,565 and rental value of £638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,215 and a rental value of £565 per month.
If you were able to purchase this property for the estimated value of £86,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £424 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, Flat 22, Grayrigge Court, Grange-Over-Sands was last sold on 24 Jan 2024 for £90,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Grayrigge Court, Grange-Over-Sands within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Flat 14, Grayrigge Court, Kents Bank Road, Grange-Over-Sands, LA11 7HD, a Leasehold flat which sold for £52,500 in Mar 2024.
Read more about house prices in LA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kents Bank Road, Grange-Over-Sands, LA11 has a total of 131 addresses. According to our analysis of all the public data, Flat 22, Grayrigge Court, Grange-Over-Sands is the 124th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in LA11.
Flat 22, Grayrigge Court, Grange-Over-Sands has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 22, Grayrigge Court, Grange-Over-Sands is Grange-over-Sands station which is 1.0 kilometres 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 Flat 22, Grayrigge Court, Grange-Over-Sands, 49.4% of property is privately owned outright and 22.2% is privately rented.
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 Flat 22, Grayrigge Court, Grange-Over-Sands, 9.2% of residents are recorded as possessing school level qualifications and 39.6% 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 Flat 22, Grayrigge Court, Grange-Over-Sands, the average age was 53.1 and the most common age was 72.
The graph below shows how this compares to North West 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 22, Grayrigge Court, Grange-Over-Sands, 0.0% of property was a second home.
Comparison figures for North West 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 22, Grayrigge Court, Grange-Over-Sands, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.