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House Prices in NG31

The average house price in NG31 (Grantham) is £208,384 using HM Land Registry data.

The average property price increased by £29,670 (12.15%) over the last 5 years and increased by £5,932 (2.21%) over the last 12 months.

Over the last year, there were 543 residential property sales – a decrease of 152 transactions (-27.99%) relative to the previous year. The majority of house sales (153) were in the £160,000 - £210,000 range. Then came properties in the £210,000 - £260,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,852 (-2%).

In Jun 2026, there were 164 new estate agency instructions, 83 agreed home sales and 119 property price reductions.

5-Year Average Property Prices in NG31 (Grantham)

12.15%

Property prices in NG31 (Grantham) increased by 12.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG31 (Grantham) Over the Last Year

2.21%

Property prices in NG31 (Grantham) increased by 2.21% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NG31 (Grantham) - Jun 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG31 (Grantham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG31 (Grantham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG31 (Grantham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG31 (Grantham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG31 postcode area since 1995.

Recent Sales in NG31 (Grantham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Nottingham Terrace, Grantham, NG31 6HU	£125,000	£125,000	£0	29 Dec 2025	29 Apr 2026	121 Days
71 Albert Street, Grantham, NG31 6HY	£105,000	£102,500	-£2,500	27 Nov 2025	24 Apr 2026	148 Days
9 Tyndal Road, Grantham, NG31 8AH	£160,000	£157,500	-£2,500	26 Dec 2025	24 Apr 2026	119 Days
52 Cambridge Street, Grantham, NG31 6EZ	£255,000	£253,500	-£1,500	05 Nov 2025	16 Apr 2026	162 Days
19 Cowes Road, Grantham, NG31 7DP	£160,000	£156,500	-£3,500	21 Jan 2026	10 Apr 2026	79 Days
13 Heathfield Road, Grantham, NG31 7NJ	£190,000	£190,000	£0	09 Apr 2025	02 Apr 2026	358 Days
106 Princess Drive, Grantham, NG31 9PY	£230,000	£230,000	£0	12 Dec 2025	31 Mar 2026	109 Days
90 Hudson Way, Grantham, NG31 7BX	£147,000	£147,000	£0	12 May 2025	30 Mar 2026	322 Days
5 Manchester Way, Grantham, NG31 8RR	£213,000	£205,000	-£8,000	23 Oct 2025	30 Mar 2026	158 Days
23 Buckminster Gardens, Grantham, NG31 7SJ	£240,000	£240,000	£0	25 Dec 2025	27 Mar 2026	92 Days
55 Langford Gardens, Grantham, NG31 8DW	£390,000	£381,000	-£9,000	11 Sep 2025	27 Mar 2026	197 Days
29 Regency Gardens, Grantham, NG31 9JW	£220,000	£220,000	£0	27 Oct 2025	27 Mar 2026	151 Days
68 Wroxall Drive, Grantham, NG31 7EH	£155,000	£150,000	-£5,000	28 May 2025	27 Mar 2026	303 Days
5c, Fletcher Street, Grantham, NG31 6BP	£77,500	£77,500	£0	23 May 2025	27 Mar 2026	308 Days
9 Wells Close, Grantham, NG31 8NJ	£370,000	£365,000	-£5,000	05 Jan 2026	27 Mar 2026	81 Days
41 Penrhyn Way, Grantham, NG31 8XB	£320,000	£312,500	-£7,500	18 Jul 2025	26 Mar 2026	251 Days
42 Covill Close, Grantham, NG31 8PP	£450,000	£440,000	-£10,000	02 Jan 2026	25 Mar 2026	82 Days
72 Edward Street, Grantham, NG31 6JG	£180,000	£177,300	-£2,700	14 Oct 2025	23 Mar 2026	160 Days
46 Albert Street, Grantham, NG31 6HY	£160,000	£147,500	-£12,500	31 Oct 2025	23 Mar 2026	143 Days
15 Bamburgh Close, Grantham, NG31 8UL	£220,000	£218,000	-£2,000	22 Sep 2025	20 Mar 2026	179 Days

Most Expensive Streets in NG31 (Grantham)

Postcode	Street	Area	Average	No. of Sales
NG31 8NA	Belton Lane	Grantham	£678,375	4
NG31 9PP	Green Lane	Grantham	£572,812	8
NG31 8HT	Gonerby Court	Grantham	£556,865	5
NG31 8GY	Maplewood Close	Grantham	£551,666	3
NG31 8DH	Manthorpe Road	Grantham	£550,000	3
NG31 8BN	Welby Gardens	Grantham	£543,700	5
NG31 8DL	Manthorpe Road	Grantham	£535,500	6
NG31 8PX	Goodman Close	Grantham	£530,833	3
NG31 8DQ	Manthorpe Road	Grantham	£498,333	3
NG31 9RU	High Road	Grantham	£492,600	5

Least Expensive Streets in NG31 (Grantham)

Postcode	Street	Area	Average	No. of Sales
NG31 7GQ	Arlington Gardens	Grantham	£77,375	4
NG31 9LJ	New Beacon Road	Grantham	£78,333	3
NG31 6DQ	Elton Place, Elton Street, Grantham	Grantham	£82,200	5
NG31 6HL	University Court	Grantham	£87,316	3
NG31 8PR	Sebastian Mews, High Street, Grantham	Grantham	£90,000	4
NG31 8FP	Kesteven Court, New Street, Grantham	Grantham	£92,400	5
NG31 8SA	St Edmunds Court	Grantham	£95,666	6
NG31 6BP	Fletcher Street	Grantham	£98,500	3
NG31 6BY	Norton Street	Grantham	£100,007	14
NG31 6BW	Grantley Street	Grantham	£101,375	4