NG31 7NT is a residential postcode situated on Earlesfield Lane, Grantham, NG31 with 6 addresses.
It ranks as the 145th largest and 96th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 2 houses and 4 flats.
NG31 7NT is a residential postcode situated on Earlesfield Lane, Grantham, NG31 with 6 addresses.
It ranks as the 145th largest and 96th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 2 houses and 4 flats.
Sale prices range from £96,124 for 2 bedroom leasehold flats (538 ft2) to £298,956 for 4 bedroom freehold houses with a garden (1,377 ft2) .
Monthly rental prices range from £503 pcm for 2 bed flats to £1,198 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 6.3%.
The average value per square foot is £177.
The last sale in NG31 7NT sold for £240,000 on 15th November 2016. Since then prices are down an average of 0.0%.
The current average value in the postcode is £156,869.
The NG31 7NT Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £156,869 |
| April 2025 | 3.5% | £160,425 |
| April 2024 | -0.3% | £154,979 |
| April 2023 | 5.2% | £155,408 |
| April 2022 | 7.3% | £147,738 |
| April 2021 | 5.3% | £137,659 |
| April 2020 | 1.9% | £130,789 |
| April 2019 | 1.5% | £128,328 |
| April 2018 | 3.6% | £126,426 |
| April 2017 | 4.3% | £122,008 |
| April 2016 | 3.9% | £116,994 |
| April 2015 | 5% | £112,625 |
| April 2014 | 6.1% | £107,298 |
| April 2013 | 2.5% | £101,095 |
| April 2012 | -1.5% | £98,649 |
| April 2011 | -1.3% | £100,136 |
| April 2010 | 0% | £101,484 |
| April 2009 | -18.3% | £101,442 |
| April 2008 | 1.3% | £124,205 |
| April 2007 | 0% | £122,617 |
The current average rental value in the postcode is £722.
The NG31 7NT Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £722pcm |
| April 2025 | 5.6% | £705pcm |
| April 2024 | 7% | £667pcm |
| April 2023 | 8.9% | £623pcm |
| April 2022 | 6.9% | £573pcm |
| April 2021 | 4.8% | £536pcm |
| April 2020 | 1.6% | £511pcm |
| April 2019 | 1.6% | £503pcm |
| April 2018 | 0.4% | £495pcm |
| April 2017 | 1.9% | £493pcm |
| April 2016 | 4.6% | £484pcm |
| April 2015 | 1.4% | £463pcm |
| April 2014 | 2.1% | £456pcm |
| April 2013 | 1.3% | £447pcm |
| April 2012 | 0.1% | £441pcm |
| April 2011 | -0.6% | £440pcm |
| April 2010 | -0.6% | £443pcm |
| April 2009 | -4.6% | £446pcm |
| April 2008 | 2.7% | £467pcm |
| April 2007 | 0% | £455pcm |
The last sale was on 15th November 2016 for £240,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NG31 7NT has seen no sales in the last three years and no sales in the last twelve months.
NG31 7NT is the 145th largest and the 96th most expensive postcode out of the 1,017 postcodes in the NG31 area.
Be the first Estate
Agent here!
The closest station to NG31 7NT is Grantham station which is 700 metres away.
Be the first Estate
Agent here!
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NG31 7NT, 29.6% of property is privately owned outright and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NG31 7NT, 20.9% of residents are recorded as possessing school level qualifications and 24.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG31 7NT, the average age was 39.1 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NG31 7NT, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NG31 7NT, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.