Springfield Road - NG31 7BL
Key Postcode Insights
NG31 7BL is a residential postcode situated on Springfield Road, Grantham, NG31 with 4 addresses.
It ranks as the 81st largest and 209th 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 4 properties: 4 houses.
- Ave. Sale Price
- £128,881
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £662pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £133/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
NG31 7BL is a residential postcode situated on Springfield Road, Grantham, NG31 with 4 addresses.
It ranks as the 81st largest and 209th 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 4 properties: 4 houses.
- Ave. Sale Price
- £128,881
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £662pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £133/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin NG31 7BL
- 3 Springfield Road
3 Bed Period House
- 5 Springfield Road
3 Bed Period House
- 7 Springfield Road
2 Bed House
- 9 Springfield Road
3 Bed Period House
Sales Market Trends
The last sale in NG31 7BL sold for £112,000 on 23rd April 2021. Since then prices are up an average of 17.0%.
The current average value in the postcode is £128,881.
The NG31 7BL Sales Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £128,881 |
| June 2025 | 2% | £132,647 |
| June 2024 | 0.9% | £129,995 |
| June 2023 | 4.1% | £128,821 |
| June 2022 | 11% | £123,774 |
| June 2021 | 7.3% | £111,460 |
| June 2020 | 2.3% | £103,923 |
| June 2019 | 1.7% | £101,630 |
| June 2018 | 3.5% | £99,891 |
| June 2017 | 6.2% | £96,477 |
| June 2016 | 4.9% | £90,858 |
| June 2015 | 4.5% | £86,609 |
| June 2014 | 7.9% | £82,897 |
| June 2013 | 3.4% | £76,832 |
| June 2012 | -0.7% | £74,330 |
| June 2011 | -2% | £74,859 |
| June 2010 | 2.2% | £76,364 |
| June 2009 | -17.2% | £74,698 |
| June 2008 | -4% | £90,209 |
| June 2007 | 0% | £93,923 |
Rental Market Trends
The current average rental value in the postcode is £662.
The NG31 7BL Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £662pcm |
| June 2025 | 3.9% | £653pcm |
| June 2024 | 5.4% | £629pcm |
| June 2023 | 9.8% | £597pcm |
| June 2022 | 9.2% | £543pcm |
| June 2021 | 9.1% | £497pcm |
| June 2020 | 1.5% | £456pcm |
| June 2019 | 3% | £449pcm |
| June 2018 | 0.5% | £436pcm |
| June 2017 | 4.6% | £434pcm |
| June 2016 | 5.9% | £415pcm |
| June 2015 | 2.8% | £392pcm |
| June 2014 | 2.9% | £381pcm |
| June 2013 | 1.1% | £370pcm |
| June 2012 | 1% | £366pcm |
| June 2011 | 1.7% | £362pcm |
| June 2010 | 0.9% | £356pcm |
| June 2009 | -8.1% | £353pcm |
| June 2008 | 1.1% | £384pcm |
| June 2007 | 0% | £380pcm |
Sales History
The last sale was on 23rd April 2021 for £112,000 and since then the market in the area has increased by 17.0%. The postcode has had a total of 9 sales since 1995.
NG31 7BL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2021£112,000 | 3 Bed House5, Springfield Road, Grantham, NG31 7BL5, Springfield Road, Grantham, NG31 7BL
- Sold Dec 2013£88,000 | 3 Bed House3, Springfield Road, Grantham, NG31 7BL3, Springfield Road, Grantham, NG31 7BL
- Sold Sep 2008£84,950 | 2 Bed House7, Springfield Road, Grantham, NG31 7BL7, Springfield Road, Grantham, NG31 7BL
- Sold Jul 2007£118,500 | 3 Bed House5, Springfield Road, Grantham, NG31 7BL5, Springfield Road, Grantham, NG31 7BL
- Sold May 2006£99,000 | 3 Bed House5, Springfield Road, Grantham, NG31 7BL5, Springfield Road, Grantham, NG31 7BL
Nearby Postcodes
NG31 7BL is the 81st largest and the 209th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7WU, Garnet Mews, Grantham, NG31NG31 7WU8 Addresses|69 m away
- NG31 7BD, Springfield Road, Grantham, NG31NG31 7BD26 Addresses|95 m away
- NG31 7BT, The Lindens, Grantham, NG31NG31 7BT9 Addresses|96 m away
- NG31 7WS, Pacey Way, Grantham, NG31NG31 7WS22 Addresses|98 m away
- NG31 7WJ, Wilks Road, Grantham, NG31NG31 7WJ77 Addresses|106 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 house of an unknown age
- period house (3)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
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 School1.2 km away
- Walton Academy1.1 km away
- Kesteven and Grantham Girls' School1.3 km away
- The King's School, Grantham1.5 km away
More reading links
Public Transport Nearby
The closest station to NG31 7BL is Grantham station, which is 400 metres away.
- Grantham|400 m away
- Bottesford|11.4 km away
- Ancaster|11.8 km away
- Elton & Orston|15.3 km away
