Albion Place - NG31 8BQ
Key Postcode Insights
NG31 8BQ is a residential postcode situated on Albion Place, Grantham, NG31 with 19 addresses.
It ranks as the 538th largest and 380th 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 19 properties: 13 houses and 6 flats.
- Ave. Sale Price
- £152,704
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £778pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NG31 8BQ is a residential postcode situated on Albion Place, Grantham, NG31 with 19 addresses.
It ranks as the 538th largest and 380th 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 19 properties: 13 houses and 6 flats.
- Ave. Sale Price
- £152,704
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £778pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NG31 8BQ
- 1 Albion Place
4 Bed Period House
- 2 Albion Place
3 Bed Period House
- 3 Albion Place
3 Bed Period House
- 4 Albion Place
3 Bed Period House
- 5 Albion Place
House
Sales Market Trends
The last sale in NG31 8BQ sold for £205,000 on 10th January 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £152,704.
The NG31 8BQ Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £152,704 |
| June 2025 | 1.6% | £154,187 |
| June 2024 | 1.1% | £151,742 |
| June 2023 | 3.2% | £150,032 |
| June 2022 | 8.8% | £145,384 |
| June 2021 | 5.3% | £133,660 |
| June 2020 | 2.4% | £126,925 |
| June 2019 | 0.7% | £123,894 |
| June 2018 | 2.6% | £122,998 |
| June 2017 | 5% | £119,880 |
| June 2016 | 3% | £114,177 |
| June 2015 | 5.2% | £110,805 |
| June 2014 | 6.2% | £105,356 |
| June 2013 | 2.5% | £99,225 |
| June 2012 | -1.1% | £96,809 |
| June 2011 | -1.3% | £97,908 |
| June 2010 | 1.1% | £99,232 |
| June 2009 | -17.8% | £98,109 |
| June 2008 | -2.8% | £119,357 |
| June 2007 | 0% | £122,784 |
Rental Market Trends
The current average rental value in the postcode is £778.
The NG31 8BQ Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £778pcm |
| June 2025 | 3.5% | £753pcm |
| June 2024 | 5.6% | £728pcm |
| June 2023 | 8.8% | £689pcm |
| June 2022 | 7% | £633pcm |
| June 2021 | 7.1% | £592pcm |
| June 2020 | 1.7% | £553pcm |
| June 2019 | 2% | £543pcm |
| June 2018 | -0.5% | £533pcm |
| June 2017 | 3.4% | £535pcm |
| June 2016 | 4.1% | £517pcm |
| June 2015 | 3.5% | £497pcm |
| June 2014 | 1.3% | £480pcm |
| June 2013 | 0.2% | £474pcm |
| June 2012 | 0.7% | £473pcm |
| June 2011 | 2.3% | £470pcm |
| June 2010 | -0.1% | £459pcm |
| June 2009 | -8.7% | £460pcm |
| June 2008 | 2.3% | £504pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last sale was on 10th January 2025 for £205,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 28 sales since 1995.
NG31 8BQ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£205,000 | 4 Bed House12, Albion Place, Grantham, NG31 8BQ12, Albion Place, Grantham, NG31 8BQ
- Sold Jun 2023£135,000 | 3 Bed House10, Albion Place, Grantham, NG31 8BQ10, Albion Place, Grantham, NG31 8BQ
- Sold Aug 2021£160,000 | 4 Bed House9, Albion Place, Grantham, NG31 8BQ9, Albion Place, Grantham, NG31 8BQ
- Sold Apr 2021£120,000 | 3 Bed House2, Albion Place, Grantham, NG31 8BQ2, Albion Place, Grantham, NG31 8BQ
- Sold Apr 2020£166,500 | 4 Bed House11, Albion Place, Grantham, NG31 8BQ11, Albion Place, Grantham, NG31 8BQ
Nearby Postcodes
NG31 8BQ is the 538th largest and the 380th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 6RT, Brook Street, Grantham, NG31NG31 6RT6 Addresses|37 m away
- NG31 8BG, Albion Street, Grantham, NG31NG31 8BG19 Addresses|41 m away
- NG31 8BH, Albion Place, Grantham, NG31NG31 8BH2 Addresses|43 m away
- NG31 6RX, Brook Street, Grantham, NG31NG31 6RX13 Addresses|43 m away
- NG31 8BW, Gladstone Terrace, Grantham, NG31NG31 8BW50 Addresses|63 m away
Property Types
- 9 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (9)
- period flat (6)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (0)
- G (0)
- D (10)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jul 2005£210,000 | 4 Bed House1, Albion Place, Grantham, NG31 8BQ1, Albion Place, Grantham, NG31 8BQ
- Sold Jan 2025£205,000 | 4 Bed House12, Albion Place, Grantham, NG31 8BQ12, Albion Place, Grantham, NG31 8BQ
- Sold Jun 2004£202,000 | 4 Bed House1, Albion Place, Grantham, NG31 8BQ1, Albion Place, Grantham, NG31 8BQ
Schools Nearby
- St Wulfram's National Church of England Primary School200 m away
- The Little Gonerby Church of England Primary Academy, Grantham600 m away
- Cliffedale Primary School800 m away
- The King's School, Grantham100 m away
- Kesteven and Grantham Girls' School700 m away
- The Priory Ruskin Academy800 m away
More reading links
Public Transport Nearby
The closest station to NG31 8BQ is Grantham station, which is 1.1 kilometres away.
- Grantham|1.1 km away
- Ancaster|10.7 km away
- Bottesford|10.8 km away
- Rauceby|14.6 km away
