Grantham

House Prices in NG31

Properties in NG31 have an average house price of £219,030.00 and had 2523 Property Transactions within the last 3 years.
The most expensive property was sold for £1,175,000.00.

Property Price Paid in NG31 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £227,331.00 305 Properties
2025 £219,866.00 798 Properties
2024 £218,642.00 740 Properties
2023 £214,747.00 680 Properties
2022 £216,262.00 828 Properties
2021 £194,925.00 1,079 Properties
2020 £185,942.00 712 Properties
2019 £179,468.00 851 Properties
2018 £183,556.00 923 Properties
2017 £173,819.00 936 Properties
2016 £157,753.00 910 Properties
2015 £157,687.00 992 Properties
2014 £148,152.00 949 Properties
2013 £138,441.00 816 Properties
2012 £133,273.00 572 Properties
2011 £128,228.00 608 Properties
2010 £136,441.00 575 Properties
2009 £132,474.00 563 Properties
2008 £149,873.00 595 Properties
2007 £146,108.00 1,128 Properties
2006 £139,017.00 1,290 Properties
2005 £135,636.00 902 Properties
2004 £126,070.00 1,095 Properties
2003 £109,415.00 1,187 Properties
2002 £87,019.00 1,202 Properties
2001 £71,594.00 1,229 Properties
2000 £65,308.00 1,115 Properties
1999 £57,558.00 1,100 Properties
1998 £51,040.00 958 Properties
1997 £50,003.00 935 Properties
1996 £43,558.00 885 Properties
1995 £46,309.00 701 Properties

Property Price per Property Type in NG31

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £318,877.00 763 Detached Houses
Flat £108,482.00 193 Flats
Semi Detached House £208,224.00 755 Semi Detached Houses
Terraced House £161,530.00 812 Terraced Houses

Houses and Flats for sale in NG31, Grantham

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There are 348 results. Property prices in NG31 range from £80k to £1.07M with an average price of £251k.


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Property market in NG31

Average asking price £252k typical £220k
Most prices £80k – £888k leaving out the extremes
Homes for sale 348 51 more under offer
New to the market 116 in the last 30 days
Typical time to sell 11 weeks last 12 months
Asking prices, year on year −7.0% homes newly listed
Gross rental yield 5.4–8.1% houses 5.4%, flats 8.1%

What's for sale

499 homes · share, count and typical price
Detached houses 26.1% 130 · £375k
Semi-detached houses 24.8% 124 · £215k
Terraced houses 24.4% 122 · £170k
Flats and apartments 12.2% 61 · £107k
Bungalows 8.6% 43 · £220k
Other homes 2.0% 10 · £250k
Park and mobile homes 1.4% 7 · £105k
Land and plots 0.4% 2 · £118k

How many bedrooms

share, count and typical price
1 bedroom 5.6% 28 · £80k
2 bedrooms 25.8% 128 · £150k
3 bedrooms 39.7% 197 · £210k
4 bedrooms 23.6% 117 · £370k
5+ bedrooms 5.2% 26 · £478k

Price bands

499 homes
Under £140k 20.4% 102
£140k – £190k 18.8% 94
£190k – £250k 20.6% 103
£250k – £350k 18.8% 94
£350k and over 21.2% 106

Houses and flats compared

HousesFlats
Share of homes for sale84%12%
Typical asking price£230k£107k
Average bedrooms3.21.7
Typical time to sell11 weeks9 weeks
Gross rental yield5.4%8.1%

Asking prices over time

typical asking price of the homes first listed each quarter · −8.7% since 2024 Q4 Median asking price per quarter in NG31 2024 Q4: £230k (350 new listings) £230k 2024 Q4 2025 Q1: £220k (444 new listings) £220k 2025 Q1 2025 Q2: £200k (488 new listings) £200k 2025 Q2 2025 Q3: £220k (444 new listings) £220k 2025 Q3 2025 Q4: £190k (368 new listings) £190k 2025 Q4 2026 Q1: £185k (463 new listings) £185k 2026 Q1 2026 Q2: £200k (544 new listings) £200k 2026 Q2 2026 Q3: £210k (417 new listings) £210k 2026 Q3

Prices in and around NG31

typical asking price, cheapest first
  1. NG31 £220k
  2. NG34 £250k
  3. NG24 £250k
  4. LE13 £277k
  5. NG32 £340k
  6. NG13 £350k
  7. NG33 £400k
  8. LE14 £450k

Schools in NG31

12 primary · 5 secondary · 74% rated good or outstanding
  • The Priory Ruskin Academy secondary · Outstanding
  • Kesteven and Grantham Girls' School secondary · Outstanding
  • The King's School, Grantham secondary · Good
  • Walton Academy secondary · Good
  • Huntingtower Community Primary Academy primary · Good
  • The Gonerby Hill Foot Church of England Primary School primary · Good

Based on 499 homes for sale on Houses now, 1,705 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about NG31


What is the average house price in NG31?

The average home for sale in NG31 is priced at £252,000. A few very expensive homes pull that average up, so a more typical price is £220,000. This is based on the 499 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in NG31?

A typical 2-bedroom home in NG31 costs £150,000 and a 3-bedroom home £210,000. So the extra bedroom adds about £60,000. 1-bedroom homes start at around £80,000, and 4-bedroom homes are about £370,000.


What price range should I expect in NG31?

Most homes in NG31 are priced between £80,000 and £888,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £350,000 or more.


How many homes are for sale in NG31?

There are 348 homes for sale in NG31 on Houses right now, plus 51 already under offer. 116 new listings came onto the market in the last 30 days.


Are house prices going up in NG31?

No, they are falling. Homes put up for sale in NG31 over the last 12 months were advertised at a typical £200,000, 7% lower than the year before (£215,000). By size, 1-bedroom homes are down 16%, 2-bedroom homes are down 7% and 3-bedroom homes are down 2%.


How long does it take to sell a home in NG31?

Homes usually sell or come off the market within about 11 weeks. About 25% go within the first month, and a quarter take longer than about 5 months. Flats go faster, in about 9 weeks against about 11 weeks for houses.


What rental yield can I get in NG31?

About 8.1% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in NG31 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in NG31?

Detached houses are the most common, about a quarter of homes for sale in NG31. Semi-detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £107,000, and detached houses the most expensive, at about £375,000.


Where are the cheapest places to buy near NG31?

Of the areas around NG31, NG34 is the cheapest, with a typical asking price of £250,000, followed by NG24 (£250,000) and LE13 (£277,000). NG31 itself is £220,000.


Are homes in NG31 freehold or leasehold?

About 9 in 10 homes for sale in NG31 are freehold and the rest leasehold, which is mostly flats. There are 16 new-build homes on the market too.


What are the schools like in NG31?

There are 12 primary and 5 secondary schools in NG31. 74% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.


Which areas are included in the NG31 postcode district?

The main area within NG31 is Grantham.


What has been the average sold property price in NG31 over the last three years?

Terraced Houses in NG31 have an average sold price of £161,530, while Detached Houses have an average of £318,877. Semi Detached Houses have an average of £208,224 and Flats have an average of £108,482. The average sold property price in NG31 over the last three years is approximately £221,946.


Which train stations are available in NG31?

The train station available in NG31 is Grantham Station.