NG31 8BH is a residential postcode situated on Albion Place, Grantham, NG31 with 2 addresses.
It ranks as the 42nd largest and 15th most expensive of the 1,017 postcodes in the NG31 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
NG31 8BH is a residential postcode situated on Albion Place, Grantham, NG31 with 2 addresses.
It ranks as the 42nd largest and 15th most expensive of the 1,017 postcodes in the NG31 area.
The postcode contains a total of 2 properties: 1 house and 1 flat.
Sale prices range from £42,996 for 1 bedroom Leasehold flats (355 ft2) to £94,591 for 3 bedroom freehold houses with a garden (731 ft2) .
Monthly rental prices range from £242 pcm for 1 bed flats to £556 pcm for 3 bed houses.
The gross rental yield is between 6.7% and 7.0%.
The average value per square foot is £125.
The last sale in NG31 8BH sold for £62,000 on 19th January 2015. Since then prices are up an average of 42.4%.
The current average value in the postcode is £68,793.
The NG31 8BH Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £68,793 |
| April 2025 | 3.6% | £70,618 |
| April 2024 | -0.2% | £68,167 |
| April 2023 | 5.6% | £68,280 |
| April 2022 | 8.3% | £64,680 |
| April 2021 | 5.5% | £59,705 |
| April 2020 | 1.7% | £56,611 |
| April 2019 | 1.6% | £55,674 |
| April 2018 | 3.3% | £54,795 |
| April 2017 | 4.5% | £53,050 |
| April 2016 | 3.9% | £50,770 |
| April 2015 | 5% | £48,848 |
| April 2014 | 6.9% | £46,509 |
| April 2013 | 2.1% | £43,495 |
| April 2012 | -1.7% | £42,594 |
| April 2011 | -1.5% | £43,344 |
| April 2010 | -1.2% | £43,986 |
| April 2009 | -19.2% | £44,512 |
| April 2008 | 1% | £55,067 |
| April 2007 | 0% | £54,499 |
The current average rental value in the postcode is £399.
The NG31 8BH Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £399pcm |
| April 2025 | 5.7% | £390pcm |
| April 2024 | 7.2% | £369pcm |
| April 2023 | 9.2% | £345pcm |
| April 2022 | 7.9% | £316pcm |
| April 2021 | 5% | £293pcm |
| April 2020 | 1.3% | £279pcm |
| April 2019 | 1.7% | £275pcm |
| April 2018 | 0.1% | £270pcm |
| April 2017 | 2.1% | £270pcm |
| April 2016 | 4.7% | £264pcm |
| April 2015 | 1.5% | £253pcm |
| April 2014 | 2.9% | £249pcm |
| April 2013 | 0.9% | £242pcm |
| April 2012 | -0.1% | £240pcm |
| April 2011 | -0.7% | £240pcm |
| April 2010 | -1.8% | £242pcm |
| April 2009 | -5.6% | £246pcm |
| April 2008 | 2.4% | £261pcm |
| April 2007 | 0% | £254pcm |
The last sale was on 19th January 2015 for £62,000 and since then the market in the area has increased by 42.4%. The postcode has had a total of 1 sales since 1995.
NG31 8BH has seen no sales in the last three years and no sales in the last twelve months.
NG31 8BH is the 42nd largest and the 15th most expensive postcode out of the 1,017 postcodes in the NG31 area.
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The closest station to NG31 8BH is Grantham station which is 1.1 kilometres away.
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