Westgate - NG31 6LU
Key Postcode Insights
NG31 6LU is a residential postcode situated on Westgate, Grantham, NG31 with 9 addresses.
It ranks as the 228th largest and 63rd 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 9 properties: 9 flats.
- Ave. Sale Price
- £88,429
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £498pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
NG31 6LU is a residential postcode situated on Westgate, Grantham, NG31 with 9 addresses.
It ranks as the 228th largest and 63rd 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 9 properties: 9 flats.
- Ave. Sale Price
- £88,429
- 10 Year change
- up 29.2%
- Ave. Rental Price
- £498pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin NG31 6LU
Sales Market Trends
The current average value in the postcode is £88,429.
The NG31 6LU Sales Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £88,429 |
| June 2025 | 1.4% | £88,715 |
| June 2024 | 1.7% | £87,492 |
| June 2023 | 2.9% | £86,060 |
| June 2022 | 7.7% | £83,627 |
| June 2021 | 4.1% | £77,621 |
| June 2020 | 2.4% | £74,535 |
| June 2019 | 0.1% | £72,769 |
| June 2018 | 1.8% | £72,690 |
| June 2017 | 4.3% | £71,411 |
| June 2016 | 1.9% | £68,446 |
| June 2015 | 5.4% | £67,169 |
| June 2014 | 5.7% | £63,706 |
| June 2013 | 1.8% | £60,281 |
| June 2012 | -1.5% | £59,206 |
| June 2011 | -1.6% | £60,085 |
| June 2010 | -0.5% | £61,059 |
| June 2009 | -18.8% | £61,377 |
| June 2008 | -2.4% | £75,576 |
| June 2007 | 0% | £77,428 |
Rental Market Trends
The current average rental value in the postcode is £498.
The NG31 6LU Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £498pcm |
| June 2025 | 3.3% | £479pcm |
| June 2024 | 6.2% | £464pcm |
| June 2023 | 8.6% | £437pcm |
| June 2022 | 6% | £402pcm |
| June 2021 | 5.9% | £380pcm |
| June 2020 | 1.7% | £359pcm |
| June 2019 | 1.4% | £353pcm |
| June 2018 | -1.2% | £348pcm |
| June 2017 | 2.8% | £352pcm |
| June 2016 | 2.9% | £343pcm |
| June 2015 | 3.8% | £333pcm |
| June 2014 | 0.8% | £321pcm |
| June 2013 | -0.5% | £318pcm |
| June 2012 | 0.3% | £319pcm |
| June 2011 | 2% | £319pcm |
| June 2010 | -1.8% | £312pcm |
| June 2009 | -9.8% | £318pcm |
| June 2008 | 2.7% | £353pcm |
| June 2007 | 0% | £343pcm |
Nearby Postcodes
NG31 6LU is the 228th largest and the 63rd most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 6EA, Welby Street, Grantham, NG31NG31 6EA11 Addresses|52 m away
- NG31 6LX, Westgate, Grantham, NG31NG31 6LX16 Addresses|53 m away
- NG31 6DY, Welby Street, Grantham, NG31NG31 6DY14 Addresses|58 m away
- NG31 6LA, Westgate, Grantham, NG31NG31 6LA11 Addresses|61 m away
- NG31 6NJ, Guildhall Street, Grantham, NG31NG31 6NJ10 Addresses|79 m away
Property Types
- 8 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2017£5,400,000 | 5 Bed House90, Westgate, Grantham, NG31 6LE90, Westgate, Grantham, NG31 6LE
- Sold Dec 2015£445,000 | 5 Bed House96-97, Westgate, Grantham, NG31 6LE96-97, Westgate, Grantham, NG31 6LE
- Sold Jun 2007£420,000 | 5 Bed House96-97, Westgate, Grantham, NG31 6LE96-97, Westgate, Grantham, NG31 6LE
Schools Nearby
- St Wulfram's National Church of England Primary School400 m away
- Huntingtower Community Primary Academy500 m away
- The Isaac Newton Primary School800 m away
- The King's School, Grantham600 m away
- Kesteven and Grantham Girls' School700 m away
- West Grantham Church of England Secondary Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to NG31 6LU is Grantham station, which is 500 metres away.
- Grantham|500 m away
- Bottesford|10.9 km away
- Ancaster|11.2 km away
- Elton & Orston|14.9 km away
