Springfield Road - NG31 7BD
Key Postcode Insights
NG31 7BD is a residential postcode situated on Springfield Road, Grantham, NG31 with 26 addresses.
It ranks as the 679th largest and 205th 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 26 properties: 26 houses.
- Ave. Sale Price
- £140,598
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £715pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NG31 7BD is a residential postcode situated on Springfield Road, Grantham, NG31 with 26 addresses.
It ranks as the 679th largest and 205th 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 26 properties: 26 houses.
- Ave. Sale Price
- £140,598
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £715pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NG31 7BD
- 17 Springfield Road
3 Bed Period House
- 19 Springfield Road
4 Bed Period House
- 21 Springfield Road
4 Bed Period House
- 23 Springfield Road
3 Bed House
- 25 Springfield Road
3 Bed Period House
Sales Market Trends
The last sale in NG31 7BD sold for £107,500 on 18th August 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £140,598.
The NG31 7BD Sales Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £140,598 |
| June 2025 | 2% | £143,977 |
| June 2024 | 0.8% | £141,112 |
| June 2023 | 3.9% | £140,036 |
| June 2022 | 10.7% | £134,816 |
| June 2021 | 7.1% | £121,836 |
| June 2020 | 2.4% | £113,706 |
| June 2019 | 1.6% | £111,034 |
| June 2018 | 3.6% | £109,241 |
| June 2017 | 6.2% | £105,424 |
| June 2016 | 4.7% | £99,300 |
| June 2015 | 4.7% | £94,826 |
| June 2014 | 7.5% | £90,604 |
| June 2013 | 3.4% | £84,316 |
| June 2012 | -0.6% | £81,571 |
| June 2011 | -1.6% | £82,077 |
| June 2010 | 2.7% | £83,440 |
| June 2009 | -16.9% | £81,274 |
| June 2008 | -3.6% | £97,799 |
| June 2007 | 0% | £101,452 |
Rental Market Trends
The current average rental value in the postcode is £715.
The NG31 7BD Rental Market has increased by 59.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £715pcm |
| June 2025 | 3.9% | £702pcm |
| June 2024 | 5.2% | £676pcm |
| June 2023 | 9.6% | £642pcm |
| June 2022 | 8.8% | £586pcm |
| June 2021 | 9% | £538pcm |
| June 2020 | 1.7% | £494pcm |
| June 2019 | 2.9% | £486pcm |
| June 2018 | 0.5% | £472pcm |
| June 2017 | 4.6% | £470pcm |
| June 2016 | 5.8% | £449pcm |
| June 2015 | 3% | £424pcm |
| June 2014 | 2.5% | £412pcm |
| June 2013 | 1.1% | £402pcm |
| June 2012 | 1.1% | £397pcm |
| June 2011 | 2% | £393pcm |
| June 2010 | 1.3% | £386pcm |
| June 2009 | -7.8% | £380pcm |
| June 2008 | 1.4% | £413pcm |
| June 2007 | 0% | £407pcm |
Sales History
The last sale was on 18th August 2025 for £107,500 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 48 sales since 1995.
NG31 7BD has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£107,500 | 4 Bed House19, Springfield Road, Grantham, NG31 7BD19, Springfield Road, Grantham, NG31 7BD
- Sold May 2025£145,000 | 3 Bed House41, Springfield Road, Grantham, NG31 7BD41, Springfield Road, Grantham, NG31 7BD
- Sold May 2025£130,000 | 3 Bed House63, Springfield Road, Grantham, NG31 7BD63, Springfield Road, Grantham, NG31 7BD
- Sold Oct 2024£147,000 | 4 Bed House39, Springfield Road, Grantham, NG31 7BD39, Springfield Road, Grantham, NG31 7BD
- Sold Feb 2024£133,000 | 3 Bed House17, Springfield Road, Grantham, NG31 7BD17, Springfield Road, Grantham, NG31 7BD
Nearby Postcodes
NG31 7BD is the 679th largest and the 205th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7BE, Springfield Road, Grantham, NG31NG31 7BE11 Addresses|88 m away
- NG31 7BL, Springfield Road, Grantham, NG31NG31 7BL4 Addresses|95 m away
- NG31 7BG, Springfield Road, Grantham, NG31NG31 7BG40 Addresses|124 m away
- NG31 7WU, Garnet Mews, Grantham, NG31NG31 7WU8 Addresses|145 m away
- NG31 7WS, Pacey Way, Grantham, NG31NG31 7WS22 Addresses|150 m away
Property Types
- 20 period houses built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (20)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (15)
- No EPC (6)
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
- St Anne's Church of England Primary School, Grantham900 m away
- The Isaac Newton Primary School1.1 km away
- Walton Academy1.1 km away
- Kesteven and Grantham Girls' School1.3 km away
- West Grantham Church of England Secondary Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to NG31 7BD is Grantham station, which is 400 metres away.
- Grantham|400 m away
- Bottesford|11.3 km away
- Ancaster|11.9 km away
- Elton & Orston|15.3 km away
