Market Place - NG31 6LP
Key Postcode Insights
NG31 6LP is a residential postcode situated on Market Place, Grantham, NG31 with 12 addresses.
It ranks as the 327th largest and 62nd most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 12 properties: 3 houses and 9 flats.
- Ave. Sale Price
- £110,805
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NG31 6LP is a residential postcode situated on Market Place, Grantham, NG31 with 12 addresses.
It ranks as the 327th largest and 62nd most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 12 properties: 3 houses and 9 flats.
- Ave. Sale Price
- £110,805
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NG31 6LP
- 17 Market Place
Building | 2 Flats
- 20 Market Place
Period Building | 6 Units
- 21 Market Place
Building | 2 Flats
- 22-23 Market Place
House
- 24 Market Place
House
Sales Market Trends
The last sale in NG31 6LP sold for £96,000 on 9th May 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £110,805.
The NG31 6LP Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £110,805 |
| June 2025 | 1.4% | £111,929 |
| June 2024 | 1.4% | £110,349 |
| June 2023 | 3.2% | £108,822 |
| June 2022 | 8.6% | £105,475 |
| June 2021 | 4.8% | £97,151 |
| June 2020 | 2.3% | £92,735 |
| June 2019 | 0.6% | £90,663 |
| June 2018 | 2.3% | £90,115 |
| June 2017 | 4.7% | £88,122 |
| June 2016 | 2.7% | £84,206 |
| June 2015 | 5.1% | £81,959 |
| June 2014 | 6.2% | £77,987 |
| June 2013 | 2.3% | £73,415 |
| June 2012 | -1.3% | £71,788 |
| June 2011 | -1.5% | £72,757 |
| June 2010 | 0.5% | £73,890 |
| June 2009 | -18.3% | £73,549 |
| June 2008 | -3.1% | £90,025 |
| June 2007 | 0% | £92,888 |
Rental Market Trends
The current average rental value in the postcode is £593.
The NG31 6LP Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £593pcm |
| June 2025 | 3.3% | £574pcm |
| June 2024 | 5.9% | £556pcm |
| June 2023 | 8.8% | £525pcm |
| June 2022 | 6.8% | £482pcm |
| June 2021 | 6.5% | £452pcm |
| June 2020 | 1.6% | £424pcm |
| June 2019 | 1.9% | £418pcm |
| June 2018 | -0.8% | £410pcm |
| June 2017 | 3.1% | £413pcm |
| June 2016 | 3.8% | £401pcm |
| June 2015 | 3.5% | £386pcm |
| June 2014 | 1.3% | £373pcm |
| June 2013 | 0% | £368pcm |
| June 2012 | 0.4% | £368pcm |
| June 2011 | 2.1% | £367pcm |
| June 2010 | -0.8% | £359pcm |
| June 2009 | -9.3% | £362pcm |
| June 2008 | 2% | £399pcm |
| June 2007 | 0% | £392pcm |
Sales History
The last sale was on 9th May 2025 for £96,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NG31 6LP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£96,000 | 2 Bed House21, Market Place, Grantham, NG31 6LP21, Market Place, Grantham, NG31 6LP
- Sold Feb 2022£625,000 | 2 Bed Flat17A, Market Place, Grantham, NG31 6LP17A, Market Place, Grantham, NG31 6LP
- Sold Mar 2002£50,000 | 2 Bed House21, Market Place, Grantham, NG31 6LP21, Market Place, Grantham, NG31 6LP
Nearby Postcodes
NG31 6LP is the 327th largest and the 62nd most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 6NR, High Street, Great Gonerby, Grantham, NG31NG31 6NR2 Addresses|26 m away
- NG31 6NN, High Street, Great Gonerby, Grantham, NG31NG31 6NN4 Addresses|48 m away
- NG31 6LJ, Market Place, Grantham, NG31NG31 6LJ6 Addresses|52 m away
- NG31 6PN, High Street, Great Gonerby, Grantham, NG31NG31 6PN9 Addresses|56 m away
- NG31 6LQ, Market Place, Grantham, NG31NG31 6LQ1 Addresses|66 m away
Property Types
- 10 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period flat (10)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Feb 2022£625,000 | 2 Bed Flat17A, Market Place, Grantham, NG31 6LP17A, Market Place, Grantham, NG31 6LP
- Sold May 2025£96,000 | 2 Bed House21, Market Place, Grantham, NG31 6LP21, Market Place, Grantham, NG31 6LP
- Sold Jul 2022£65,000 | 2 Bed FlatFlat 2, 16, Market Place, Grantham, NG31 6LJFlat 2, 16, Market Place, Grantham, NG31 6LJ
Schools Nearby
- St Wulfram's National Church of England Primary School200 m away
- Huntingtower Community Primary Academy800 m away
- The Little Gonerby Church of England Primary Academy, Grantham800 m away
- The King's School, Grantham300 m away
- Kesteven and Grantham Girls' School600 m away
- The Priory Ruskin Academy1.2 km away
More reading links
Public Transport Nearby
The closest station to NG31 6LP is Grantham station, which is 700 metres away.
- Grantham|700 m away
- Bottesford|10.8 km away
- Ancaster|11.0 km away
- Elton & Orston|14.9 km away
