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House Prices in NG31

The average house price in NG31 (Grantham) is £275,687 using HM Land Registry data.

The average property price increased by £28,055 (12.15%) over the last 5 years and increased by £5,609 (2.21%) over the last 12 months.

Over the last year, there were 546 residential property sales – a decrease of 146 transactions (-26.74%) relative to the previous year. The majority of house sales (149) were in the £162,000 - £214,000 range. Then came properties in the £214,000 - £266,000 range, where 104 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,925 (-2%).

In Jul 2026, there were 121 new estate agency instructions, 76 agreed home sales and 95 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) - Jul 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Hillside Drive, Grantham, NG31 7EZ	£270,000	£265,000	-£5,000	15 Sep 2025	15 May 2026	242 Days
9b, Queen Street, Grantham, NG31 6BS	£60,000	£54,000	-£6,000	10 Oct 2025	15 May 2026	217 Days
20 Scarborough Close, Grantham, NG31 8UN	£475,000	£430,000	-£45,000	08 Nov 2025	15 May 2026	188 Days
82 The Oaks, Sunningdale, Grantham, NG31 9SB	£400,000	£400,000	£0	11 Dec 2025	14 May 2026	154 Days
11 Commercial Road, Grantham, NG31 6DB	£125,000	£120,000	-£5,000	28 Oct 2025	11 May 2026	195 Days
18 St Mellion Drive, Grantham, NG31 9FB	£325,000	£320,000	-£5,000	19 Feb 2026	07 May 2026	77 Days
38 Grantham Road, Grantham, NG31 8JX	£400,000	£400,000	£0	31 Oct 2025	06 May 2026	187 Days
6 Hollywood Close, Grantham, NG31 8GR	£400,000	£380,000	-£20,000	19 Nov 2025	05 May 2026	167 Days
12 Lincoln Close, Grantham, NG31 8RQ	£325,000	£323,000	-£2,000	17 Dec 2025	01 May 2026	135 Days
204 Dysart Road, Grantham, NG31 7LW	£210,000	£208,000	-£2,000	19 Nov 2025	30 Apr 2026	162 Days
8 The Haverlands, Grantham, NG31 8HB	£300,000	£300,000	£0	28 Jul 2025	30 Apr 2026	276 Days
19 Belton Grove, Grantham, NG31 9HH	£425,000	£423,500	-£1,500	20 Nov 2025	30 Apr 2026	161 Days
5 Kedleston Road, Grantham, NG31 7FE	£350,000	£350,000	£0	02 Aug 2025	30 Apr 2026	271 Days
1 Nottingham Terrace, Grantham, NG31 6HU	£125,000	£125,000	£0	29 Dec 2025	29 Apr 2026	121 Days
62 Bridge End Road, Grantham, NG31 6JH	£125,000	£125,000	£0	02 Jul 2025	29 Apr 2026	301 Days
91 Sunningdale, Grantham, NG31 9SB	£175,000	£175,000	£0	21 Oct 2025	28 Apr 2026	189 Days
19 Brittain Drive, Grantham, NG31 9JY	£200,000	£195,000	-£5,000	12 Nov 2025	27 Apr 2026	166 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
16 Baysdale Grove, Grantham, NG31 8QZ	£280,000	£265,000	-£15,000	26 Sep 2025	24 Apr 2026	210 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 6BS	Queen Street	Grantham	£98,618	8
NG31 6BY	Norton Street	Grantham	£100,007	14