Redcross Street - NG31 8BU
Key Postcode Insights
NG31 8BU is a residential postcode situated on Redcross Street, Grantham, NG31 with 22 addresses.
It ranks as the 603rd largest and 283rd 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 22 properties: 22 houses.
- Ave. Sale Price
- £164,055
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £832pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NG31 8BU is a residential postcode situated on Redcross Street, Grantham, NG31 with 22 addresses.
It ranks as the 603rd largest and 283rd 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 22 properties: 22 houses.
- Ave. Sale Price
- £164,055
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £832pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £165/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NG31 8BU
- 39 Redcross Street
4 Bed Period House
- 40 Redcross Street
3 Bed Period House
- 41 Redcross Street
3 Bed Period House
- 42 Redcross Street
3 Bed Period House
- 43 Redcross Street
3 Bed Period House
Sales Market Trends
The last sale in NG31 8BU sold for £120,000 on 9th March 2026. Since then prices are down an average of 2.2%.
The current average value in the postcode is £164,055.
The NG31 8BU Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £164,055 |
| June 2025 | 2% | £167,021 |
| June 2024 | 0.5% | £163,710 |
| June 2023 | 3.7% | £162,842 |
| June 2022 | 10.1% | £157,071 |
| June 2021 | 7% | £142,615 |
| June 2020 | 2.6% | £133,223 |
| June 2019 | 1.5% | £129,883 |
| June 2018 | 3.7% | £127,974 |
| June 2017 | 6.1% | £123,365 |
| June 2016 | 4.4% | £116,265 |
| June 2015 | 4.9% | £111,326 |
| June 2014 | 6.9% | £106,138 |
| June 2013 | 3.4% | £99,311 |
| June 2012 | -0.6% | £96,047 |
| June 2011 | -1.1% | £96,612 |
| June 2010 | 3.3% | £97,681 |
| June 2009 | -16.4% | £94,541 |
| June 2008 | -3.1% | £113,088 |
| June 2007 | 0% | £116,692 |
Rental Market Trends
The current average rental value in the postcode is £832.
The NG31 8BU Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £832pcm |
| June 2025 | 3.9% | £812pcm |
| June 2024 | 5% | £782pcm |
| June 2023 | 9.4% | £745pcm |
| June 2022 | 8.3% | £681pcm |
| June 2021 | 8.8% | £629pcm |
| June 2020 | 1.8% | £578pcm |
| June 2019 | 2.8% | £567pcm |
| June 2018 | 0.7% | £552pcm |
| June 2017 | 4.5% | £548pcm |
| June 2016 | 5.5% | £524pcm |
| June 2015 | 3.3% | £497pcm |
| June 2014 | 2% | £481pcm |
| June 2013 | 1.1% | £472pcm |
| June 2012 | 1.2% | £467pcm |
| June 2011 | 2.5% | £462pcm |
| June 2010 | 2% | £450pcm |
| June 2009 | -7.2% | £441pcm |
| June 2008 | 2% | £476pcm |
| June 2007 | 0% | £466pcm |
Sales History
The last sale was on 9th March 2026 for £120,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 43 sales since 1995.
NG31 8BU has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£120,000 | 3 Bed House41, Redcross Street, Grantham, NG31 8BU41, Redcross Street, Grantham, NG31 8BU
- Sold Nov 2024£285,000 | 4 Bed House39, Redcross Street, Grantham, NG31 8BU39, Redcross Street, Grantham, NG31 8BU
- Sold Apr 2023£135,000 | 3 Bed House46, Redcross Street, Grantham, NG31 8BU46, Redcross Street, Grantham, NG31 8BU
- Sold Jul 2022£209,000 | 4 Bed House52, Redcross Street, Grantham, NG31 8BU52, Redcross Street, Grantham, NG31 8BU
- Sold Nov 2021£135,000 | 3 Bed House54, Redcross Street, Grantham, NG31 8BU54, Redcross Street, Grantham, NG31 8BU
Nearby Postcodes
NG31 8BU is the 603rd largest and the 283rd most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 8BT, Redcross Street, Grantham, NG31NG31 8BT39 Addresses|41 m away
- NG31 8BX, Alford Street, Grantham, NG31NG31 8BX61 Addresses|72 m away
- NG31 8BY, Park Road, Grantham, NG31NG31 8BY26 Addresses|114 m away
- NG31 6SU, Castlegate, Grantham, NG31NG31 6SU3 Addresses|134 m away
- NG31 6SS, Castlegate, Grantham, NG31NG31 6SS6 Addresses|136 m away
Property Types
- 19 period houses built between 1800 and 1911
- 3 other addresses of unknown type
- period house (19)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (0)
- C (1)
- G (0)
- D (9)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2024£285,000 | 4 Bed House39, Redcross Street, Grantham, NG31 8BU39, Redcross Street, Grantham, NG31 8BU
- Sold Apr 2026£285,000 | 4 Bed House38, Redcross Street, Grantham, NG31 8BT38, Redcross Street, Grantham, NG31 8BT
- Sold May 2019£220,000 | 4 Bed House38, Redcross Street, Grantham, NG31 8BT38, Redcross Street, Grantham, NG31 8BT
Schools Nearby
- St Wulfram's National Church of England Primary School300 m away
- The Little Gonerby Church of England Primary Academy, Grantham300 m away
- Saint Mary's Catholic Voluntary Academy600 m away
- The King's School, Grantham200 m away
- Kesteven and Grantham Girls' School500 m away
- The Priory Ruskin Academy900 m away
More reading links
Public Transport Nearby
The closest station to NG31 8BU is Grantham station, which is 1.1 kilometres away.
- Grantham|1.1 km away
- Ancaster|10.5 km away
- Bottesford|11.0 km away
- Rauceby|14.4 km away
