NG31 6LYHouse Prices / East Midlands, South Kesteven, Westgate
Key Postcode Insights
NG31 6LY is a residential postcode situated on Westgate, Grantham, NG31 with 11 addresses.
It ranks as the 305th largest and 29th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 flats.
- Flats
Key Postcode Insights
NG31 6LY is a residential postcode situated on Westgate, Grantham, NG31 with 11 addresses.
It ranks as the 305th largest and 29th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 flats.
- Flats
House Pricesin NG31 6LY
Sale prices range from £58,602 for 1 bedroom leasehold flats with a garden (355 ft2) to £111,182 for 3 bedroom leasehold flats (968 ft2) .
Monthly rental prices range from £351 pcm for 1 bed flats to £602 pcm for 3 bed flats.
The gross rental yield is between 6.5% and 7.2%.
The average value per square foot is £154.
Sales Market Trendsin NG31 6LY
The last sale in NG31 6LY sold for £100,000 on 2nd October 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £82,227.
The NG31 6LY Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £82,227 |
| May 2025 | 2% | £83,556 |
| May 2024 | 0.9% | £81,913 |
| May 2023 | 3.6% | £81,213 |
| May 2022 | 7.4% | £78,419 |
| May 2021 | 3.5% | £72,993 |
| May 2020 | 2% | £70,502 |
| May 2019 | 0.1% | £69,116 |
| May 2018 | 2.3% | £69,035 |
| May 2017 | 3.7% | £67,514 |
| May 2016 | 2.5% | £65,077 |
| May 2015 | 5.2% | £63,520 |
| May 2014 | 5.1% | £60,404 |
| May 2013 | 1.6% | £57,491 |
| May 2012 | -1.5% | £56,596 |
| May 2011 | -1.4% | £57,473 |
| May 2010 | -0.8% | £58,292 |
| May 2009 | -19.1% | £58,787 |
| May 2008 | -0.8% | £72,689 |
| May 2007 | 0% | £73,266 |
Rental Market Trendsin NG31 6LY
The current average rental value in the postcode is £466.
The NG31 6LY Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.6% | £466pcm |
| May 2025 | 3.3% | £445pcm |
| May 2024 | 6.7% | £431pcm |
| May 2023 | 8.3% | £404pcm |
| May 2022 | 5.3% | £373pcm |
| May 2021 | 6% | £354pcm |
| May 2020 | -0.3% | £334pcm |
| May 2019 | 1.4% | £335pcm |
| May 2018 | -0.5% | £330pcm |
| May 2017 | 0.9% | £332pcm |
| May 2016 | 3.8% | £329pcm |
| May 2015 | 2.8% | £317pcm |
| May 2014 | 0.6% | £308pcm |
| May 2013 | -0.4% | £307pcm |
| May 2012 | -0.3% | £308pcm |
| May 2011 | 0.5% | £309pcm |
| May 2010 | -0.7% | £307pcm |
| May 2009 | -8.5% | £309pcm |
| May 2008 | 3.1% | £338pcm |
| May 2007 | 0% | £328pcm |
Properties and Buildingsin NG31 6LY, Westgate, Grantham, NG31
- Newton House 40, Westgate, Grantham, NG31 6LY
- 32A, Westgate, Grantham, NG31 6LY2 bed period flat
- 34, Westgate, Grantham, NG31 6LY1 bed period flat
- 35, Westgate, Grantham, NG31 Period building2 units
- 36, Westgate, Grantham, NG31Building2 units
- 39, Westgate, Grantham, NG31Building2 units
- 40, Westgate, Grantham, NG31Building2 units
Sales Historyin NG31 6LY
The last sale was on 2nd October 2020 for £100,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
NG31 6LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NG31 6LY
NG31 6LY is the 305th largest and the 29th most expensive postcode out of the 1,017 postcodes in the NG31 area.
- 14 mNG31 6AF, Stanton Street, Grantham, NG31NG31 6AF3 Addresses
- 32 mNG31 6JZ, Westgate, Grantham, NG31NG31 6JZ8 Addresses
- 50 mNG31 6LN, Great Northern Court, Grantham, NG31NG31 6LN30 Addresses
- 55 mNG31 6TE, Dysart Road, Grantham, NG31NG31 6TE11 Addresses
- 73 mNG31 6LX, Westgate, Grantham, NG31NG31 6LX16 Addresses
- 97 mNG31 6EA, Welby Street, Grantham, NG31NG31 6EA11 Addresses
Property Typesin NG31 6LY
- 10 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (10)
- Unknown (1)
Energy Efficiencyof properties in NG31 6LY
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (1)
- D (1)
- No EPC (6)
Schools Nearby
- 400mHuntingtower Community Primary Academy
- 600mSt Wulfram's National Church of England Primary School
- 700mThe Isaac Newton Primary School
- 700mThe King's School, Grantham
- 800mKesteven and Grantham Girls' School
- 1.2kmWest Grantham Church of England Secondary Academy
More reading links
Public Transport Nearby
The closest station to NG31 6LY is Grantham station, which is 400 metres away.
- 400mGrantham
- 10.8kmBottesford
- 11.4kmAncaster
- 14.8kmElton & Orston
