Springfield Road - NG31 7BE
Key Postcode Insights
NG31 7BE is a residential postcode situated on Springfield Road, Grantham, NG31 with 11 addresses.
It ranks as the 306th largest and 180th 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 11 properties: 8 houses and 3 flats.
- Ave. Sale Price
- £116,921
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £625pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NG31 7BE is a residential postcode situated on Springfield Road, Grantham, NG31 with 11 addresses.
It ranks as the 306th largest and 180th 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 11 properties: 8 houses and 3 flats.
- Ave. Sale Price
- £116,921
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £625pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NG31 7BE
- 68 Springfield Road
3 Bed Period House
- 70 Springfield Road
3 Bed Period House
- 72 Springfield Road
Unknown
- 74 Springfield Road
3 Bed Mid-century House
- 76 Springfield Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NG31 7BE sold for £56,000 on 15th September 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £116,921.
The NG31 7BE Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £116,921 |
| June 2025 | 1.5% | £118,372 |
| June 2024 | 1.3% | £116,594 |
| June 2023 | 3.3% | £115,073 |
| June 2022 | 8.9% | £111,401 |
| June 2021 | 5.1% | £102,317 |
| June 2020 | 2.3% | £97,364 |
| June 2019 | 0.8% | £95,156 |
| June 2018 | 2.5% | £94,448 |
| June 2017 | 4.9% | £92,147 |
| June 2016 | 2.9% | £87,866 |
| June 2015 | 5% | £85,401 |
| June 2014 | 6.4% | £81,319 |
| June 2013 | 2.4% | £76,437 |
| June 2012 | -1.2% | £74,644 |
| June 2011 | -1.6% | £75,565 |
| June 2010 | 0.8% | £76,798 |
| June 2009 | -18% | £76,219 |
| June 2008 | -3.2% | £93,004 |
| June 2007 | 0% | £96,052 |
Rental Market Trends
The current average rental value in the postcode is £625.
The NG31 7BE Rental Market has increased by 49.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £625pcm |
| June 2025 | 3.4% | £606pcm |
| June 2024 | 5.8% | £586pcm |
| June 2023 | 9% | £554pcm |
| June 2022 | 7.1% | £508pcm |
| June 2021 | 6.9% | £475pcm |
| June 2020 | 1.6% | £444pcm |
| June 2019 | 2% | £438pcm |
| June 2018 | -0.6% | £429pcm |
| June 2017 | 3.4% | £431pcm |
| June 2016 | 3.9% | £417pcm |
| June 2015 | 3.4% | £402pcm |
| June 2014 | 1.5% | £388pcm |
| June 2013 | 0.2% | £383pcm |
| June 2012 | 0.5% | £382pcm |
| June 2011 | 2% | £380pcm |
| June 2010 | -0.5% | £373pcm |
| June 2009 | -9.1% | £375pcm |
| June 2008 | 1.9% | £412pcm |
| June 2007 | 0% | £404pcm |
Sales History
The last sale was on 15th September 2025 for £56,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 20 sales since 1995.
NG31 7BE has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£56,000 | 2 Bed Flat86, Springfield Road, Grantham, NG31 7BE86, Springfield Road, Grantham, NG31 7BE
- Sold Apr 2024£139,000 | 3 Bed House74, Springfield Road, Grantham, NG31 7BE74, Springfield Road, Grantham, NG31 7BE
- Sold Nov 2022£145,000 | 3 Bed House70, Springfield Road, Grantham, NG31 7BE70, Springfield Road, Grantham, NG31 7BE
- Sold Aug 2022£95,000 | 3 Bed House74, Springfield Road, Grantham, NG31 7BE74, Springfield Road, Grantham, NG31 7BE
- Sold Apr 2021£115,000 | 3 Bed House76, Springfield Road, Grantham, NG31 7BE76, Springfield Road, Grantham, NG31 7BE
Nearby Postcodes
NG31 7BE is the 306th largest and the 180th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7BG, Springfield Road, Grantham, NG31NG31 7BG40 Addresses|56 m away
- NG31 7BB, Springfield Road, Grantham, NG31NG31 7BB10 Addresses|75 m away
- NG31 7BD, Springfield Road, Grantham, NG31NG31 7BD26 Addresses|88 m away
- NG31 7EW, Tilling Close, Grantham, NG31NG31 7EW14 Addresses|100 m away
- NG31 7AX, Huntingtower Road, Grantham, NG31NG31 7AX26 Addresses|111 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- period house (3)
- period flat (4)
- mid-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- 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
- St Anne's Church of England Primary School, Grantham1.0 km away
- The Isaac Newton Primary School1.1 km away
- Walton Academy1.0 km 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 7BE is Grantham station, which is 500 metres away.
- Grantham|500 m away
- Bottesford|11.2 km away
- Ancaster|12.0 km away
- Elton & Orston|15.2 km away
