Melbourne Road - NG31 9RH
Key Postcode Insights
NG31 9RH is a residential postcode situated on Melbourne Road, Grantham, NG31 with 47 addresses.
It ranks as the 923rd largest and 392nd most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 47 houses.
- Ave. Sale Price
- £172,639
- 10 Year change
- up 40.4%
- Ave. Rental Price
- £892pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £202/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
NG31 9RH is a residential postcode situated on Melbourne Road, Grantham, NG31 with 47 addresses.
It ranks as the 923rd largest and 392nd most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 47 houses.
- Ave. Sale Price
- £172,639
- 10 Year change
- up 40.4%
- Ave. Rental Price
- £892pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £202/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin NG31 9RH
- 1 Melbourne Road
3 Bed Mid-century House
- 3 Melbourne Road
3 Bed Mid-century House
- 5 Melbourne Road
3 Bed House
- 7 Melbourne Road
Unknown
- 9 Melbourne Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NG31 9RH sold for £175,000 on 28th March 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £172,639.
The NG31 9RH Sales Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £172,639 |
| June 2025 | 2.1% | £175,119 |
| June 2024 | 0.3% | £171,548 |
| June 2023 | 3.4% | £170,992 |
| June 2022 | 9.8% | £165,398 |
| June 2021 | 7% | £150,675 |
| June 2020 | 2.8% | £140,830 |
| June 2019 | 1.3% | £137,040 |
| June 2018 | 3.9% | £135,249 |
| June 2017 | 5.9% | £130,234 |
| June 2016 | 4.2% | £122,986 |
| June 2015 | 5.1% | £117,977 |
| June 2014 | 6.4% | £112,256 |
| June 2013 | 3.2% | £105,515 |
| June 2012 | -0.3% | £102,200 |
| June 2011 | -0.8% | £102,526 |
| June 2010 | 4% | £103,323 |
| June 2009 | -15.7% | £99,320 |
| June 2008 | -2.6% | £117,816 |
| June 2007 | 0% | £120,974 |
Rental Market Trends
The current average rental value in the postcode is £892.
The NG31 9RH Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £892pcm |
| June 2025 | 3.9% | £868pcm |
| June 2024 | 4.7% | £835pcm |
| June 2023 | 9.1% | £797pcm |
| June 2022 | 8% | £731pcm |
| June 2021 | 8.8% | £677pcm |
| June 2020 | 2% | £622pcm |
| June 2019 | 2.6% | £610pcm |
| June 2018 | 0.8% | £594pcm |
| June 2017 | 4.4% | £590pcm |
| June 2016 | 5.3% | £565pcm |
| June 2015 | 3.5% | £537pcm |
| June 2014 | 1.5% | £519pcm |
| June 2013 | 1% | £511pcm |
| June 2012 | 1.3% | £506pcm |
| June 2011 | 2.9% | £499pcm |
| June 2010 | 2.7% | £485pcm |
| June 2009 | -6.5% | £473pcm |
| June 2008 | 2.5% | £505pcm |
| June 2007 | 0% | £493pcm |
Sales History
The last sale was on 28th March 2025 for £175,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 23 sales since 1995.
NG31 9RH has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£175,000 | 3 Bed House23, Melbourne Road, Grantham, NG31 9RH23, Melbourne Road, Grantham, NG31 9RH
- Sold Jun 2024£179,950 | 3 Bed House43, Melbourne Road, Grantham, NG31 9RH43, Melbourne Road, Grantham, NG31 9RH
- Sold Oct 2023£181,000 | 3 Bed House27, Melbourne Road, Grantham, NG31 9RH27, Melbourne Road, Grantham, NG31 9RH
- Sold Jan 2022£150,000 | 3 Bed House35, Melbourne Road, Grantham, NG31 9RH35, Melbourne Road, Grantham, NG31 9RH
- Sold Oct 2021£178,000 | 3 Bed House41, Melbourne Road, Grantham, NG31 9RH41, Melbourne Road, Grantham, NG31 9RH
Nearby Postcodes
NG31 9RH is the 923rd largest and the 392nd most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 9RJ, Melbourne Road, Grantham, NG31NG31 9RJ27 Addresses|77 m away
- NG31 9QE, Ash Grove, Grantham, NG31NG31 9QE29 Addresses|109 m away
- NG31 9RW, Queensway, Grantham, NG31NG31 9RW25 Addresses|114 m away
- NG31 9TB, Ascot Drive, Grantham, NG31NG31 9TB49 Addresses|133 m away
- NG31 9RL, Queensway, Grantham, NG31NG31 9RL15 Addresses|136 m away
Property Types
- 36 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (36)
- house (1)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (16)
- G (0)
- D (17)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jan 2025£210,000 | 3 Bed House36, Melbourne Road, Grantham, NG31 9RJ36, Melbourne Road, Grantham, NG31 9RJ
- Sold Sep 2021£200,000 | 4 Bed House45, Melbourne Road, Grantham, NG31 9RH45, Melbourne Road, Grantham, NG31 9RH
- Sold Nov 2024£190,000 | 3 Bed House26, Melbourne Road, Grantham, NG31 9RJ26, Melbourne Road, Grantham, NG31 9RJ
Schools Nearby
- Belton Lane Community Primary School200 m away
- The Harrowby Church of England Primary School700 m away
- Belmont Community Primary School1.0 km away
- The Priory Ruskin Academy1.4 km away
- Kesteven and Grantham Girls' School1.5 km away
- The King's School, Grantham1.6 km away
More reading links
Public Transport Nearby
The closest station to NG31 9RH is Grantham station, which is 2.4 kilometres away.
- Grantham|2.4 km away
- Ancaster|9.2 km away
- Bottesford|11.9 km away
- Rauceby|13.0 km away
