Springfield Road - NG31 7BB
Key Postcode Insights
NG31 7BB is a residential postcode situated on Springfield Road, Grantham, NG31 with 10 addresses.
It ranks as the 264th largest and 370th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £166,236
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £856pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
NG31 7BB is a residential postcode situated on Springfield Road, Grantham, NG31 with 10 addresses.
It ranks as the 264th largest and 370th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £166,236
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £856pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin NG31 7BB
- 94 Springfield Road
Unknown
- 96 Springfield Road
Unknown
- 98 Springfield Road
3 Bed Period House
- 100 Springfield Road
3 Bed Period House
- 102 Springfield Road
3 Bed Period House
Sales Market Trends
The last sale in NG31 7BB sold for £140,000 on 26th February 2025. Since then prices are down an average of 1.3%.
The current average value in the postcode is £166,236.
The NG31 7BB Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £166,236 |
| June 2025 | 2% | £168,670 |
| June 2024 | 0.5% | £165,294 |
| June 2023 | 3.4% | £164,500 |
| June 2022 | 9.9% | £159,100 |
| June 2021 | 7% | £144,736 |
| June 2020 | 2.7% | £135,302 |
| June 2019 | 1.4% | £131,714 |
| June 2018 | 3.8% | £129,859 |
| June 2017 | 6.1% | £125,108 |
| June 2016 | 4.4% | £117,966 |
| June 2015 | 5% | £113,019 |
| June 2014 | 6.6% | £107,603 |
| June 2013 | 3.3% | £100,953 |
| June 2012 | -0.3% | £97,737 |
| June 2011 | -1% | £98,076 |
| June 2010 | 3.6% | £99,090 |
| June 2009 | -16.2% | £95,647 |
| June 2008 | -2.9% | £114,077 |
| June 2007 | 0% | £117,479 |
Rental Market Trends
The current average rental value in the postcode is £856.
The NG31 7BB Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £856pcm |
| June 2025 | 3.9% | £832pcm |
| June 2024 | 4.9% | £801pcm |
| June 2023 | 9.2% | £764pcm |
| June 2022 | 8.1% | £699pcm |
| June 2021 | 8.8% | £647pcm |
| June 2020 | 1.9% | £595pcm |
| June 2019 | 2.7% | £584pcm |
| June 2018 | 0.7% | £568pcm |
| June 2017 | 4.6% | £564pcm |
| June 2016 | 5.4% | £540pcm |
| June 2015 | 3.4% | £512pcm |
| June 2014 | 1.7% | £495pcm |
| June 2013 | 1.1% | £487pcm |
| June 2012 | 1.3% | £482pcm |
| June 2011 | 2.7% | £476pcm |
| June 2010 | 2.2% | £463pcm |
| June 2009 | -7.1% | £453pcm |
| June 2008 | 2.2% | £487pcm |
| June 2007 | 0% | £477pcm |
Sales History
The last sale was on 26th February 2025 for £140,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 20 sales since 1995.
NG31 7BB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£140,000 | 3 Bed House98, Springfield Road, Grantham, NG31 7BB98, Springfield Road, Grantham, NG31 7BB
- Sold Nov 2024£152,500 | 3 Bed House112, Springfield Road, Grantham, NG31 7BB112, Springfield Road, Grantham, NG31 7BB
- Sold Mar 2022£231,000 | 3 Bed House110, Springfield Road, Grantham, NG31 7BB110, Springfield Road, Grantham, NG31 7BB
- Sold Jul 2020£150,000 | 3 Bed House110, Springfield Road, Grantham, NG31 7BB110, Springfield Road, Grantham, NG31 7BB
- Sold Feb 2020£113,000 | 3 Bed House100, Springfield Road, Grantham, NG31 7BB100, Springfield Road, Grantham, NG31 7BB
Nearby Postcodes
NG31 7BB is the 264th largest and the 370th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7EW, Tilling Close, Grantham, NG31NG31 7EW14 Addresses|39 m away
- NG31 7BG, Springfield Road, Grantham, NG31NG31 7BG40 Addresses|55 m away
- NG31 7BE, Springfield Road, Grantham, NG31NG31 7BE11 Addresses|75 m away
- NG31 7BY, Harris Way, Grantham, NG31NG31 7BY60 Addresses|108 m away
- NG31 7AX, Huntingtower Road, Grantham, NG31NG31 7AX26 Addresses|120 m away
Property Types
- 4 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (4)
- mid-century house (3)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2022£231,000 | 3 Bed House110, Springfield Road, Grantham, NG31 7BB110, Springfield Road, Grantham, NG31 7BB
- Sold Sep 2025£200,000 | 4 Bed HouseWhitsters, Springfield Road, Grantham, NG31 7SEWhitsters, Springfield Road, Grantham, NG31 7SE
- Sold Aug 2021£155,000 | 4 Bed House45, Springfield Road, Grantham, NG31 7BD45, Springfield Road, Grantham, NG31 7BD
Schools Nearby
- Huntingtower Community Primary Academy500 m away
- The Isaac Newton Primary School1.0 km away
- St Anne's Church of England Primary School, Grantham1.1 km away
- Walton Academy900 m away
- West Grantham Church of England Secondary Academy1.3 km away
- Kesteven and Grantham Girls' School1.4 km away
More reading links
Public Transport Nearby
The closest station to NG31 7BB is Grantham station, which is 500 metres away.
- Grantham|500 m away
- Bottesford|11.2 km away
- Ancaster|12.0 km away
- Elton & Orston|15.1 km away