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Grantham market report NG31 7
The standing NG31 7 (Grantham) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 7,371 completed sales registered with HM Land Registry in NG31 7 (Grantham) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in NG31 7 (Grantham) came in at £180,000, out of 63 registered, up 16% on five years earlier, and the mean stands at £192,800, and by floor area homes here have averaged about £2,140 per square metre over the last five years. The record behind it is 7,371 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NG31 7 is a postcode sector: one group of streets inside NG31 (Grantham). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NG31 7 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NG31 7 sold prices: where the market stands
63 sales were registered in NG31 7 in 2026, and the middle one of them, the median, went for £180,000. The mean works out at £192,800, a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in NG31 7
A square metre of NG31 7 home has cost about £2,140 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
For scale: the England and Wales median is £285,000, so NG31 7 trades 37% below the country as a whole.
A typical NG31 7 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £180,000 | £180,000 | 63 |
| 2025 | £183,500 | £187,888 | 187 |
| 2024 | £175,000 | £186,061 | 179 |
| 2023 | £177,800 | £195,359 | 160 |
| 2022 | £168,000 | £196,999 | 225 |
| 2021 | £155,000 | £196,250 | 301 |
| 2020 | £150,000 | £194,628 | 189 |
| 2019 | £142,000 | £186,128 | 229 |
| 2018 | £142,000 | £189,289 | 196 |
| 2017 | £137,000 | £186,854 | 256 |
| 2016 | £129,000 | £180,472 | 243 |
| 2015 | £116,000 | £163,908 | 249 |
| 2014 | £113,500 | £161,020 | 268 |
| 2013 | £120,000 | £172,668 | 261 |
| 2012 | £113,500 | £167,058 | 206 |
| 2011 | £115,000 | £173,606 | 198 |
| 2010 | £115,500 | £181,134 | 184 |
| 2009 | £117,000 | £188,078 | 147 |
| 2008 | £132,200 | £216,704 | 192 |
| 2007 | £124,000 | £210,339 | 395 |
| 2006 | £115,000 | £199,625 | 459 |
| 2005 | £106,000 | £188,637 | 219 |
| 2004 | £98,200 | £178,350 | 280 |
| 2003 | £78,500 | £144,616 | 299 |
| 2002 | £62,500 | £117,593 | 281 |
| 2001 | £48,000 | £92,278 | 268 |
| 2000 | £40,500 | £79,481 | 221 |
| 1999 | £38,000 | £75,732 | 228 |
| 1998 | £34,000 | £68,631 | 229 |
| 1997 | £34,800 | £71,368 | 176 |
| 1996 | £29,000 | £61,160 | 212 |
| 1995 | £35,200 | £76,519 | 171 |
In cash terms the typical NG31 7 home went from £35,200 in 1995 to £180,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 135%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2008; the current median sits about 17% below that. Someone who bought at the 2008 peak has not yet seen that price back in real terms.
Year-on-year change in the NG31 7 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+30.2% on the year before); the weakest, 1996 (−17.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.9% | −4.2% |
| 5 years (since 2021) | +3.0% | −1.7% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +2.3% | −0.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in NG31 7
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
NG31 7 recorded 63 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 303 sales a year before the financial crisis and 163 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market NG31 7 is
Against the NG31 district median, NG31 7 sits 18% lower, marking it as a cheaper pocket of the district.
Rents around NG31 7
NG31 7 falls under South Kesteven, where the ONS puts the average private rent at £838 a month (May 2026 figures). A one-bed averages £580 a month here and a four-or-more-bed £1,312, so size does most of the work in setting the rent.
Average monthly rent by size, South Kesteven
ONS Price Index of Private Rents, May 2026.
Set against the £180,000 median sold price, £838 a month is £10,056 a year, a gross yield of 5.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about NG31 7 (Grantham)
How much did a house sell for in NG31 7 (Grantham)?
Are property prices falling in NG31 7 (Grantham)?
Is NG31 7 (Grantham) a good place to buy a house?
Are NG31 7 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is up 16% over five years in cash but down 8% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
NG31's current homes for sale
This is what you could actually buy today: 187 homes currently on the market from 8 agents publishing to HomesIndex.
These cover the whole NG31 district, not just NG31 7: live asking prices are collected per district.
30% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Redcross Street, Grantham, Lincolnshire, Grantham
- Grantham, Lincolnshire, NG31 8BT, Lincolnshire
- Hill View Close, Grantham
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NG31 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in NG
What homes of each size actually sold for across the NG area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £242,000 | £340,000 (+40%) | £500,000 (+47%) | £685,000 (+37%) |
| Semi-detached | £170,000 | £195,000 (+15%) | £235,000 (+21%) | £330,000 (+40%) | £462,500 (+40%) |
| Terraced | £154,000 | £165,000 (+7%) | £185,000 (+12%) | £250,000 (+35%) | £328,500 (+31%) |
| Flat | £118,800 | £151,000 (+27%) | £220,000 (+46%) | £397,500 (+81%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NG area is the point: the same five years treated these districts very differently.
NG area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NG31
Sector boundaries hide real price steps. The rest of NG31, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG31 6 | £130,000 | 25 |
| NG31 8 | £265,000 | 114 |
| NG31 9 | £215,000 | 61 |
Zoom out to the full NG31 district report for the type split, monthly volumes and how NG31 compares with its neighbours.
Before you sell in NG31 7: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NG31 7, use the average prices map for a rough value: zoom from NG31 7's shading down to the sold homes on your own street. The figures above are every recorded NG31 7 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NG31 7.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to NG31 7. Free after a one click sign in.
Two maps carry on from here: every NG31 7 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.