Melbourne Road - NG31 9RJ
Key Postcode Insights
NG31 9RJ is a residential postcode situated on Melbourne Road, Grantham, NG31 with 27 addresses.
It ranks as the 719th largest and 509th 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 27 properties: 20 houses and 7 other properties.
- Ave. Sale Price
- £190,885
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £934pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
NG31 9RJ is a residential postcode situated on Melbourne Road, Grantham, NG31 with 27 addresses.
It ranks as the 719th largest and 509th 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 27 properties: 20 houses and 7 other properties.
- Ave. Sale Price
- £190,885
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £934pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in NG31 9RJ
- 2 Melbourne Road
3 Bed Early-century House
- 4 Melbourne Road
3 Bed Mid-century House
- 6 Melbourne Road
House
- 8 Melbourne Road
House
- 10 Melbourne Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NG31 9RJ sold for £163,500 on 21st July 2025. Since then prices are down an average of 1.3%.
The current average value in the postcode is £190,885.
The NG31 9RJ Sales Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £190,885 |
| June 2025 | 2% | £194,186 |
| June 2024 | 0.6% | £190,321 |
| June 2023 | 3.6% | £189,228 |
| June 2022 | 10.1% | £182,691 |
| June 2021 | 7% | £165,873 |
| June 2020 | 2.6% | £155,016 |
| June 2019 | 1.5% | £151,043 |
| June 2018 | 3.7% | £148,815 |
| June 2017 | 6.1% | £143,468 |
| June 2016 | 4.5% | £135,214 |
| June 2015 | 4.9% | £129,421 |
| June 2014 | 6.9% | £123,377 |
| June 2013 | 3.3% | £115,417 |
| June 2012 | -0.4% | £111,723 |
| June 2011 | -1.2% | £112,190 |
| June 2010 | 3.3% | £113,583 |
| June 2009 | -16.4% | £109,969 |
| June 2008 | -3.1% | £131,611 |
| June 2007 | 0% | £135,826 |
Rental Market Trends
The current average rental value in the postcode is £934.
The NG31 9RJ Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £934pcm |
| June 2025 | 3.9% | £911pcm |
| June 2024 | 5% | £877pcm |
| June 2023 | 9.3% | £835pcm |
| June 2022 | 8.3% | £763pcm |
| June 2021 | 8.8% | £705pcm |
| June 2020 | 1.8% | £648pcm |
| June 2019 | 2.8% | £636pcm |
| June 2018 | 0.6% | £619pcm |
| June 2017 | 4.6% | £615pcm |
| June 2016 | 5.5% | £588pcm |
| June 2015 | 3.3% | £557pcm |
| June 2014 | 2% | £539pcm |
| June 2013 | 1.1% | £529pcm |
| June 2012 | 1.2% | £523pcm |
| June 2011 | 2.5% | £517pcm |
| June 2010 | 1.9% | £505pcm |
| June 2009 | -7.3% | £495pcm |
| June 2008 | 2% | £534pcm |
| June 2007 | 0% | £524pcm |
Sales History
The last recorded sale was on 21st July 2025 for £163,500 and since then the market in the area has decreased by 1.3%.
NG31 9RJ has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2025£163,500 | 3 Bed House46, Melbourne Road, Grantham, NG31 9RJ46, Melbourne Road, Grantham, NG31 9RJ
- Sold Jan 2025£210,000 | 3 Bed House36, Melbourne Road, Grantham, NG31 9RJ36, Melbourne Road, Grantham, NG31 9RJ
- Sold Nov 2024£190,000 | 3 Bed House26, Melbourne Road, Grantham, NG31 9RJ26, Melbourne Road, Grantham, NG31 9RJ
Nearby Postcodes
NG31 9RJ is the 719th largest and the 509th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 9RW, Queensway, Grantham, NG31NG31 9RW25 Addresses|42 m away
- NG31 9RH, Melbourne Road, Grantham, NG31NG31 9RH47 Addresses|77 m away
- NG31 9RL, Queensway, Grantham, NG31NG31 9RL15 Addresses|79 m away
- NG31 9QF, Hobart Road, Grantham, NG31NG31 9QF38 Addresses|130 m away
- NG31 9TE, Montrose Close, Grantham, NG31NG31 9TE22 Addresses|137 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (15)
- early-century house (5)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (5)
- F (0)
- C (7)
- G (0)
- D (7)
- No EPC (7)
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 School300 m away
- The Harrowby Church of England Primary School600 m away
- Belmont Community Primary School900 m away
- The Priory Ruskin Academy1.4 km away
- Kesteven and Grantham Girls' School1.4 km away
- The King's School, Grantham1.6 km away
More reading links
Public Transport Nearby
The closest station to NG31 9RJ 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
