Springfield Road - NG31 7BG
Key Postcode Insights
NG31 7BG is a residential postcode situated on Springfield Road, Grantham, NG31 with 40 addresses.
It ranks as the 868th largest and 167th 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 40 properties: 22 houses and 18 flats.
- Ave. Sale Price
- £118,631
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £635pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NG31 7BG is a residential postcode situated on Springfield Road, Grantham, NG31 with 40 addresses.
It ranks as the 868th largest and 167th 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 40 properties: 22 houses and 18 flats.
- Ave. Sale Price
- £118,631
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £635pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NG31 7BG
- The Old Malthouse
18 Units
- 73 Springfield Road
3 Bed Period House
- 75 Springfield Road
3 Bed Period House
- 77 Springfield Road
3 Bed Period House
Sales Market Trends
The last sale in NG31 7BG sold for £140,000 on 20th April 2026. Since then prices are up an average of 0.5%.
The current average value in the postcode is £118,631.
The NG31 7BG Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £118,631 |
| June 2025 | 1.8% | £121,116 |
| June 2024 | 1% | £119,023 |
| June 2023 | 3.6% | £117,880 |
| June 2022 | 10.1% | £113,731 |
| June 2021 | 6.3% | £103,327 |
| June 2020 | 2.3% | £97,225 |
| June 2019 | 1.4% | £95,058 |
| June 2018 | 3.2% | £93,769 |
| June 2017 | 5.6% | £90,882 |
| June 2016 | 4.2% | £86,090 |
| June 2015 | 4.7% | £82,642 |
| June 2014 | 7.1% | £78,936 |
| June 2013 | 3.1% | £73,669 |
| June 2012 | -0.9% | £71,485 |
| June 2011 | -1.6% | £72,133 |
| June 2010 | 2.1% | £73,315 |
| June 2009 | -17.3% | £71,834 |
| June 2008 | -3.7% | £86,863 |
| June 2007 | 0% | £90,210 |
Rental Market Trends
The current average rental value in the postcode is £635.
The NG31 7BG Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £635pcm |
| June 2025 | 3.6% | £621pcm |
| June 2024 | 5.4% | £600pcm |
| June 2023 | 9.4% | £569pcm |
| June 2022 | 8.2% | £520pcm |
| June 2021 | 8.1% | £480pcm |
| June 2020 | 1.5% | £444pcm |
| June 2019 | 2.7% | £438pcm |
| June 2018 | 0.1% | £426pcm |
| June 2017 | 4% | £426pcm |
| June 2016 | 5.2% | £409pcm |
| June 2015 | 3.1% | £389pcm |
| June 2014 | 2.2% | £378pcm |
| June 2013 | 0.8% | £369pcm |
| June 2012 | 0.8% | £366pcm |
| June 2011 | 2% | £364pcm |
| June 2010 | 0.7% | £356pcm |
| June 2009 | -8.3% | £354pcm |
| June 2008 | 1.3% | £386pcm |
| June 2007 | 0% | £380pcm |
Sales History
The last sale was on 20th April 2026 for £140,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 48 sales since 1995.
NG31 7BG has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£140,000 | 3 Bed House87, Springfield Road, Grantham, NG31 7BG87, Springfield Road, Grantham, NG31 7BG
- Sold Feb 2025£85,000 | 3 Bed House93, Springfield Road, Grantham, NG31 7BG93, Springfield Road, Grantham, NG31 7BG
- Sold Feb 2025£85,000 | 3 Bed House93, Springfield Road, Grantham, NG31 7BG93, Springfield Road, Grantham, NG31 7BG
- Sold Nov 2023£72,500 | 3 Bed House79, Springfield Road, Grantham, NG31 7BG79, Springfield Road, Grantham, NG31 7BG
- Sold Jul 2023£94,500 | 3 Bed House87, Springfield Road, Grantham, NG31 7BG87, Springfield Road, Grantham, NG31 7BG
Nearby Postcodes
NG31 7BG is the 868th largest and the 167th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7BB, Springfield Road, Grantham, NG31NG31 7BB10 Addresses|55 m away
- NG31 7BE, Springfield Road, Grantham, NG31NG31 7BE11 Addresses|56 m away
- NG31 7EW, Tilling Close, Grantham, NG31NG31 7EW14 Addresses|94 m away
- NG31 7BY, Harris Way, Grantham, NG31NG31 7BY60 Addresses|108 m away
- NG31 7BD, Springfield Road, Grantham, NG31NG31 7BD26 Addresses|124 m away
Property Types
- 18 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 20 other addresses of unknown type
- period house (18)
- house (2)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (1)
- D (11)
- No EPC (22)
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 Academy600 m away
- St Anne's Church of England Primary School, Grantham1.1 km away
- The Isaac Newton Primary School1.1 km away
- Walton Academy900 m away
- West Grantham Church of England Secondary Academy1.3 km away
- Kesteven and Grantham Girls' School1.5 km away
More reading links
Public Transport Nearby
The closest station to NG31 7BG is Grantham station, which is 600 metres away.
- Grantham|600 m away
- Bottesford|11.2 km away
- Ancaster|12.1 km away
- Elton & Orston|15.2 km away
