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House Prices in NG31

The average house price in NG31 (Grantham) is £195,108 using HM Land Registry data.

The average property price increased by £25,920 (12.15%) over the last 5 years and increased by £5,182 (2.21%) over the last 12 months.

Over the last year, there were 524 residential property sales – a decrease of 182 transactions (-34.73%) relative to the previous year. The majority of house sales (143) were in the £158,000 - £206,000 range. Then came properties in the £206,000 - £254,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,195 (-2%).

In Apr 2026, there were 125 new estate agency instructions, 84 agreed home sales and 81 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) - Apr 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
72 Edward Street, Grantham, NG31 6JG	£180,000	£177,300	-£2,700	14 Oct 2025	23 Mar 2026	160 Days
92 Kenilworth Road, Grantham, NG31 9UH	£170,000	£163,500	-£6,500	05 Sep 2025	06 Mar 2026	182 Days
40 First Avenue, Grantham, NG31 9TN	£105,000	£105,000	£0	15 Dec 2025	06 Mar 2026	81 Days
36 Oxford Street, Grantham, NG31 6HQ	£135,000	£130,000	-£5,000	26 Aug 2025	06 Mar 2026	192 Days
110 Kenilworth Road, Grantham, NG31 9UH	£270,000	£265,000	-£5,000	13 Aug 2025	02 Mar 2026	201 Days
24 Saltersford Road, Grantham, NG31 7HG	£290,000	£274,500	-£15,500	13 Sep 2025	02 Mar 2026	170 Days
1 Scotney Drive, Grantham, NG31 9UA	£210,000	£202,500	-£7,500	14 Oct 2025	27 Feb 2026	136 Days
90 Fifth Avenue, Grantham, NG31 9TJ	£170,000	£164,500	-£5,500	07 Aug 2025	27 Feb 2026	204 Days
21 Holly Close, Grantham, NG31 7GU	£175,000	£175,000	£0	05 Jun 2025	27 Feb 2026	267 Days
17 Westerdale Road, Grantham, NG31 8EJ	£290,000	£285,000	-£5,000	31 Oct 2025	27 Feb 2026	119 Days
Apartment 4, 40 The Lodge, Barrowby Road, Grantham, NG31 6PD	£150,000	£147,500	-£2,500	22 Aug 2025	26 Feb 2026	188 Days
21 Arundel Drive, Grantham, NG31 8WN	£250,000	£250,000	£0	01 Apr 2025	26 Feb 2026	331 Days
43 Chelmsford Drive, Grantham, NG31 8PF	£195,000	£192,500	-£2,500	12 Nov 2025	26 Feb 2026	106 Days
5 Ganton Way, Grantham, NG31 9FD	£285,000	£282,000	-£3,000	08 Oct 2025	25 Feb 2026	140 Days
8 Redcliffe Road, Grantham, NG31 8EB	£265,000	£260,000	-£5,000	08 Oct 2025	20 Feb 2026	135 Days
2 Wroxall Drive, Grantham, NG31 7EQ	£175,000	£172,500	-£2,500	13 Aug 2025	19 Feb 2026	190 Days
91 Bridge End Road, Grantham, NG31 7ER	£245,000	£237,000	-£8,000	06 May 2025	17 Feb 2026	287 Days
20 The Waterfront, Welham Street, Grantham, NG31 6QQ	£115,000	£115,000	£0	28 Aug 2025	17 Feb 2026	173 Days
9 Arundel Drive, Grantham, NG31 8WN	£250,000	£250,000	£0	23 Jul 2025	17 Feb 2026	209 Days
134 Manthorpe Road, Grantham, NG31 8DL	£500,000	£497,000	-£3,000	19 Jun 2025	16 Feb 2026	242 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 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 8HT	Gonerby Court	Grantham	£514,865	5
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	£94,375	8
NG31 6HY	Albert Street	Grantham	£99,785	21
NG31 6BY	Norton Street	Grantham	£100,007	14
NG31 6BW	Grantley Street	Grantham	£101,375	4