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House Prices in NG31 House Prices in NG31 (Grantham)

The average house price in NG31 (Grantham) is £198,850 using HM Land Registry data.

The average property price increased by £43,472 (28.89%) over the last 5 years and increased by £8,688 (4.28%) over the last 12 months.

Over the last year, there were 501 residential property sales – a decrease of 102 transactions (-20.36%) relative to the previous year. The majority of house sales (134) were in the £172,000 - £224,000 range. Then came properties in the £224,000 - £276,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,001 (-2%).

In Jul 2025, there were 124 new estate agency instructions, 84 agreed home sales and 67 property price reductions.

Nearby Postcodes: LE14, LE15, LN5, NG13, NG23, NG32, NG33, NG34, PE10, PE9

5-Year Average Property Prices in NG31 (Grantham)

28.89%

Property prices in NG31 (Grantham) increased by 28.89% 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

4.28%

Property prices in NG31 (Grantham) increased by 4.28% 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.

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).

Property Market Heat Gauge for NG31 (Grantham) - Jul 2025

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Coxs Walk, Great Gonerby, Grantham, Lincolnshire, NG31 8PB£200,000£190,000-£10,00010 Oct 202414 Feb 2025127 Days
6 Palmwood Close, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8GN£205,000£205,000£029 Aug 202414 Feb 2025169 Days
27 Dalton Close, Grantham, NG31 8WS£185,000£180,000-£5,00001 Feb 202514 Feb 202513 Days
18 Belvoir Gardens, Great Gonerby, Grantham, Lincolnshire, NG31 8LG£270,000£260,000-£10,00011 Sep 202413 Feb 2025155 Days
182 Queensway, Grantham, Lincolnshire, NG31 9RA£190,000£190,000£003 Oct 202406 Feb 2025126 Days
2 Norwich Way, Grantham, Lincolnshire, NG31 8AL£325,000£325,000£017 Sep 202404 Feb 2025140 Days
28 Goodliff Road, Grantham, Lincolnshire, NG31 7PQ£220,000£200,000-£20,00023 Sep 202431 Jan 2025130 Days
5 Lindrick Close, Grantham, Lincolnshire, NG31 9SS£220,000£215,000-£5,00011 Jun 202431 Jan 2025234 Days
45 Harrowby Lane, Grantham, Lincolnshire, NG31 9HZ£375,000£361,750-£13,25009 Sep 202431 Jan 2025144 Days
35 Ormonde Close, Grantham, Lincolnshire, NG31 7BZ£200,000£195,000-£5,00013 Nov 202430 Jan 202578 Days
64 Hudson Way, Grantham, Lincolnshire, NG31 7BX£185,000£185,000£017 Apr 202428 Jan 2025286 Days
85 Stamford Street, Grantham, Lincolnshire, NG31 7BS£130,000£122,000-£8,00006 Nov 202424 Jan 202579 Days
208 Dysart Road, Grantham, Lincolnshire, NG31 7LW£375,000£360,000-£15,00005 Apr 202424 Jan 2025294 Days
11 Grantham Road, Great Gonerby, Grantham, Lincolnshire, NG31 8JZ£215,000£212,500-£2,50027 Sep 202413 Jan 2025108 Days
64 Long Street, Great Gonerby, Grantham, Lincolnshire, NG31 8LW£165,000£157,500-£7,50011 Sep 202403 Jan 2025114 Days
53 Earlesfield Lane, Grantham, Lincolnshire, NG31 7QF£194,950£192,450-£2,50018 Jul 202420 Dec 2024155 Days
131 Victoria Street, Grantham, Lincolnshire, NG31 7BN£119,950£110,000-£9,95017 Oct 202420 Dec 202464 Days
34 Castlegate, Grantham, Lincolnshire, NG31 6SR£184,950£184,950£010 Sep 202419 Dec 2024100 Days
6 Richmond Drive, Grantham, Lincolnshire, NG31 8UD£415,000£410,000-£5,00026 Jul 202419 Dec 2024146 Days
12 Ostler Close, Gonerby Hill Foot, Grantham, Lincolnshire, NG31 8QE£259,950£255,000-£4,95024 Jun 202419 Dec 2024178 Days

Most Expensive Streets in NG31 (Grantham)

PostcodeStreetAreaAverageNo. of Sales
NG31 8NABelton LaneGrantham£591,4005
NG31 9PPGreen LaneGrantham£572,8128
NG31 9HLBelton LaneGrantham£569,8333
NG31 8AFBarrowby RoadGrantham£566,6663
NG31 8GYMaplewood CloseGrantham£551,6663
NG31 8DHManthorpe RoadGrantham£550,0003
NG31 8HTGonerby CourtGrantham£543,0655
NG31 9PLBelton LaneGrantham£536,6663
NG31 8DLManthorpe RoadGrantham£508,5006
NG31 7TNCold Harbour LaneGrantham£506,7504

Least Expensive Streets in NG31 (Grantham)

PostcodeStreetAreaAverageNo. of Sales
NG31 7DDDysart RoadGrantham£75,3333
NG31 6DQElton Place, Elton Street, GranthamGrantham£79,6254
NG31 8FPKesteven Court, New Street, GranthamGrantham£89,4005
NG31 8PRSebastian Mews, High Street, GranthamGrantham£90,0004
NG31 8SASt Edmunds CourtGrantham£92,1427
NG31 7DWDysart RoadGrantham£92,6663
NG31 7APAlexandra RoadGrantham£94,8005
NG31 6BNGrantley StreetGrantham£96,3339
NG31 6HYAlbert StreetGrantham£97,64228
NG31 6BSQueen StreetGrantham£98,6427

Explore NG31 (Grantham) using map

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