Prospect Place - NG31 8DB
Key Postcode Insights
NG31 8DB is a residential postcode situated on Prospect Place, Grantham, NG31 with 17 addresses.
It ranks as the 480th largest and 231st 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 17 properties: 17 houses.
- Ave. Sale Price
- £144,298
- 10 Year change
- up 41.9%
- Ave. Rental Price
- £764pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NG31 8DB is a residential postcode situated on Prospect Place, Grantham, NG31 with 17 addresses.
It ranks as the 480th largest and 231st 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 17 properties: 17 houses.
- Ave. Sale Price
- £144,298
- 10 Year change
- up 41.9%
- Ave. Rental Price
- £764pcm
- 10 Year change
- up 59.5%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NG31 8DB
- 1 Prospect Place
3 Bed Period House
- 2 Prospect Place
Unknown
- 3 Prospect Place
3 Bed Period House
- 4 Prospect Place
Unknown
- 5 Prospect Place
Unknown
Sales Market Trends
The last sale in NG31 8DB sold for £125,000 on 28th August 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £144,298.
The NG31 8DB Sales Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £144,298 |
| June 2025 | 2% | £148,386 |
| June 2024 | 0.9% | £145,444 |
| June 2023 | 4.1% | £144,178 |
| June 2022 | 11% | £138,485 |
| June 2021 | 7.2% | £124,795 |
| June 2020 | 2.3% | £116,372 |
| June 2019 | 1.7% | £113,808 |
| June 2018 | 3.5% | £111,870 |
| June 2017 | 6.2% | £108,040 |
| June 2016 | 4.9% | £101,717 |
| June 2015 | 4.5% | £97,007 |
| June 2014 | 7.8% | £92,836 |
| June 2013 | 3.4% | £86,089 |
| June 2012 | -0.8% | £83,240 |
| June 2011 | -1.9% | £83,895 |
| June 2010 | 2.3% | £85,488 |
| June 2009 | -17.2% | £83,588 |
| June 2008 | -3.9% | £100,956 |
| June 2007 | 0% | £105,046 |
Rental Market Trends
The current average rental value in the postcode is £764.
The NG31 8DB Rental Market has increased by 59.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £764pcm |
| June 2025 | 3.9% | £753pcm |
| June 2024 | 5.3% | £725pcm |
| June 2023 | 9.8% | £688pcm |
| June 2022 | 9.1% | £627pcm |
| June 2021 | 9% | £574pcm |
| June 2020 | 1.5% | £527pcm |
| June 2019 | 3% | £519pcm |
| June 2018 | 0.5% | £504pcm |
| June 2017 | 4.6% | £501pcm |
| June 2016 | 5.9% | £479pcm |
| June 2015 | 2.9% | £452pcm |
| June 2014 | 2.9% | £440pcm |
| June 2013 | 1.1% | £427pcm |
| June 2012 | 1% | £423pcm |
| June 2011 | 1.7% | £418pcm |
| June 2010 | 1% | £411pcm |
| June 2009 | -8.1% | £407pcm |
| June 2008 | 1.1% | £443pcm |
| June 2007 | 0% | £438pcm |
Sales History
The last sale was on 28th August 2025 for £125,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 36 sales since 1995.
NG31 8DB has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Aug 2025£125,000 | 3 Bed House3, Prospect Place, Grantham, NG31 8DB3, Prospect Place, Grantham, NG31 8DB
- Sold Aug 2025£140,000 | 2 Bed House10, Prospect Place, Grantham, NG31 8DB10, Prospect Place, Grantham, NG31 8DB
- Sold Mar 2024£135,000 | 3 Bed House9, Prospect Place, Grantham, NG31 8DB9, Prospect Place, Grantham, NG31 8DB
- Sold Apr 2022£120,000 | 2 Bed House10, Prospect Place, Grantham, NG31 8DB10, Prospect Place, Grantham, NG31 8DB
- Sold Apr 2021£90,500 | 2 Bed House8, Prospect Place, Grantham, NG31 8DB8, Prospect Place, Grantham, NG31 8DB
Nearby Postcodes
NG31 8DB is the 480th largest and the 231st most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 6RY, Brook Street, Grantham, NG31NG31 6RY3 Addresses|44 m away
- NG31 8FA, Prospect Place, Grantham, NG31NG31 8FA24 Addresses|50 m away
- NG31 8DA, Manthorpe Road, Grantham, NG31NG31 8DA39 Addresses|53 m away
- NG31 8BW, Gladstone Terrace, Grantham, NG31NG31 8BW50 Addresses|60 m away
- NG31 8BZ, Manthorpe Road, Grantham, NG31NG31 8BZ8 Addresses|66 m away
Property Types
- 12 period houses built between 1800 and 1911
- 5 other addresses of unknown type
- period house (12)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2025£140,000 | 2 Bed House10, Prospect Place, Grantham, NG31 8DB10, Prospect Place, Grantham, NG31 8DB
- Sold Mar 2024£135,000 | 3 Bed House9, Prospect Place, Grantham, NG31 8DB9, Prospect Place, Grantham, NG31 8DB
- Sold Aug 2025£125,000 | 3 Bed House3, Prospect Place, Grantham, NG31 8DB3, Prospect Place, Grantham, NG31 8DB
Schools Nearby
- St Wulfram's National Church of England Primary School300 m away
- The Little Gonerby Church of England Primary Academy, Grantham500 m away
- Cliffedale Primary School800 m away
- The King's School, Grantham100 m away
- Kesteven and Grantham Girls' School600 m away
- The Priory Ruskin Academy800 m away
More reading links
Public Transport Nearby
The closest station to NG31 8DB is Grantham station, which is 1.2 kilometres away.
- Grantham|1.2 km away
- Ancaster|10.6 km away
- Bottesford|10.8 km away
- Rauceby|14.5 km away
