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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NG31 8ALHouse Prices / East Midlands, South Kesteven, Norwich Way
Last updated May 2026
Key Postcode Insights
NG31 8AL is a residential postcode situated on Norwich Way, Grantham, NG31 with 7 addresses.
It ranks as the 181st largest and 934th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
NG31 8AL is a residential postcode situated on Norwich Way, Grantham, NG31 with 7 addresses.
It ranks as the 181st largest and 934th most expensive of the 1,017 postcodes in the NG31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin NG31 8AL
Sale prices range from £283,222 for 3 bedroom freehold houses with a garden (699 ft2) to £528,564 for 5 bedroom freehold houses with a garden (2,109 ft2) .
Monthly rental prices range from £1,011 pcm for 3 bed houses to £1,616 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 4.3%.
The average value per square foot is £313.
Average Sale Value
£382,161
Average Rental Value
£1,238 pcm
Average Rental Yield
3.9% /year
Average Value Per Sqft
£313 /ft2
Sales Market Trendsin NG31 8AL
The last sale in NG31 8AL sold for £325,000 on 4th February 2025. Since then prices are down an average of 1.7%.
The current average value in the postcode is £382,161.
The NG31 8AL Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £382,161 |
| April 2025 | 3.9% | £391,162 |
| April 2024 | -1% | £376,307 |
| April 2023 | 5.7% | £380,093 |
| April 2022 | 8% | £359,485 |
| April 2021 | 6.6% | £332,868 |
| April 2020 | 2.5% | £312,329 |
| April 2019 | 1.8% | £304,847 |
| April 2018 | 5% | £299,401 |
| April 2017 | 5% | £285,229 |
| April 2016 | 4.6% | £271,696 |
| April 2015 | 5.1% | £259,798 |
| April 2014 | 6.4% | £247,118 |
| April 2013 | 4.5% | £232,165 |
| April 2012 | -1.3% | £222,089 |
| April 2011 | -0.9% | £225,004 |
| April 2010 | 3.1% | £227,146 |
| April 2009 | -17.4% | £220,418 |
| April 2008 | 1.2% | £266,701 |
| April 2007 | 0% | £263,536 |
Rental Market Trendsin NG31 8AL
The current average rental value in the postcode is £1,238.
The NG31 8AL Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,238pcm |
| April 2025 | 6.1% | £1,209pcm |
| April 2024 | 6.3% | £1,140pcm |
| April 2023 | 9.4% | £1,073pcm |
| April 2022 | 7.5% | £980pcm |
| April 2021 | 6.1% | £911pcm |
| April 2020 | 2.1% | £859pcm |
| April 2019 | 1.9% | £841pcm |
| April 2018 | 1.7% | £825pcm |
| April 2017 | 2.6% | £811pcm |
| April 2016 | 5.3% | £791pcm |
| April 2015 | 1.6% | £751pcm |
| April 2014 | 2.4% | £739pcm |
| April 2013 | 3.3% | £722pcm |
| April 2012 | 0.3% | £699pcm |
| April 2011 | -0.2% | £696pcm |
| April 2010 | 2.4% | £698pcm |
| April 2009 | -3.4% | £681pcm |
| April 2008 | 2.6% | £706pcm |
| April 2007 | 0% | £688pcm |
Explore Propertiesin NG31 8AL, Norwich Way, Grantham, NG31
- 1, Norwich Way, Grantham, NG31 8AL
- 2, Norwich Way, Grantham, NG31 8AL4 bed mid-century house
- 3, Norwich Way, Grantham, NG31 8AL4 bed mid-century house
- 4, Norwich Way, Grantham, NG31 8AL
- 5, Norwich Way, Grantham, NG31 8AL4 bed house
- 6, Norwich Way, Grantham, NG31 8AL
- 7, Norwich Way, Grantham, NG31 8AL3 bed mid-century house
Sales Historyin NG31 8AL
The last sale was on 4th February 2025 for £325,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 13 sales since 1995.
NG31 8AL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Feb 2025£325,000 | 4 Bed HouseNorwich Way2, Norwich Way, Grantham, NG31 8AL
Sold Oct 2015£300,000 | 4 Bed HouseNorwich Way3, Norwich Way, Grantham, NG31 8AL
Sold Jan 2015£180,000 | 4 Bed HouseNorwich Way3, Norwich Way, Grantham, NG31 8AL
Sold Mar 2012£162,500 | 4 Bed HouseNorwich Way5, Norwich Way, Grantham, NG31 8AL
Sold May 2007£194,950 | 3 Bed HouseNorwich Way7, Norwich Way, Grantham, NG31 8AL
Sold Feb 2006£227,500 | 4 Bed HouseNorwich Way2, Norwich Way, Grantham, NG31 8AL
Sold Jun 2005£140,000 | 3 Bed HouseNorwich Way6, Norwich Way, Grantham, NG31 8AL
Sold Mar 2005£228,500 | 4 Bed HouseNorwich Way2, Norwich Way, Grantham, NG31 8AL
Sold Apr 2002£96,100 | 4 Bed HouseNorwich Way5, Norwich Way, Grantham, NG31 8AL
Sold Sep 1999£128,000 | 5 Bed HouseNorwich Way4, Norwich Way, Grantham, NG31 8AL
Sold Oct 1998£180,000 | 4 Bed HouseNorwich Way2, Norwich Way, Grantham, NG31 8AL
Sold Oct 1997£83,950 | 4 Bed HouseNorwich Way2, Norwich Way, Grantham, NG31 8AL
Sold Dec 1995£78,000 | 4 Bed HouseNorwich Way1, Norwich Way, Grantham, NG31 8AL
Nearby Postcodesto NG31 8AL
NG31 8AL is the 181st largest and the 934th most expensive postcode out of the 1,017 postcodes in the NG31 area.
- 107 mNG31 8AX, Hereford Way, Grantham, NG31NG31 8AX15 Addresses
- 108 mNG31 8AD, Winchester Road, Grantham, NG31NG31 8AD60 Addresses
- 150 mNG31 8AE, Barrowby Road, Grantham, NG31NG31 8AE25 Addresses
- 154 mNG31 8AF, Barrowby Road, Grantham, NG31NG31 8AF43 Addresses
- 156 mNG31 8BP, Portsmouth Close, Grantham, NG31NG31 8BP18 Addresses
- 166 mNG31 8AS, Chichester Close, Grantham, NG31NG31 8AS35 Addresses
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Property Typesin NG31 8AL
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- mid-century house (3)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in NG31 8AL
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Schools Nearbyto NG31 8AL
The nearest primary school to NG31 8AL is The Isaac Newton Primary School which is 768 metres away.
- 768mThe Isaac Newton Primary School
- 822mPoplar Farm School
- 1.0kmThe Gonerby Hill Foot Church of England Primary School
The nearest secondary school is West Grantham Church of England Secondary Academy which is 992 metres away.
- 992mWest Grantham Church of England Secondary Academy
- 1.0kmThe King's School, Grantham
- 1.3kmThe Priory Ruskin Academy
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Public Transport Nearbyto NG31 8AL
The closest station to NG31 8AL is Grantham station which is 1.5 kilometres away.
- 1.5kmGrantham
- 9.8kmBottesford
- 11.4kmAncaster
- 13.9kmElton & Orston
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