Key Street Insights
Melbourne Road is a residential street with 74 addresses.
It ranks as the 599th largest and 257th most expensive of the 668 streets in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 74 properties: 58 houses and 16 other properties.
- Ave. Sale Price
- £179,304
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £907pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Street Insights
Melbourne Road is a residential street with 74 addresses.
It ranks as the 599th largest and 257th most expensive of the 668 streets in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 74 properties: 58 houses and 16 other properties.
- Ave. Sale Price
- £179,304
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £907pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties on Melbourne Road, Grantham, NG31
- 1 Melbourne Road
3 Bed Mid-century House
- 2 Melbourne Road
3 Bed Early-century House
- 3 Melbourne Road
3 Bed Mid-century House
- 4 Melbourne Road
3 Bed Mid-century House
- 5 Melbourne Road
3 Bed House
Sales Market Trends
The last sale on Melbourne Road sold for £163,500 on 21st July 2025. Since then prices are down an average of 1.3%.
The current average value in the street is £179,304.
The Melbourne Road Sales Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £179,304 |
| June 2025 | 2.1% | £181,831 |
| June 2024 | 0.3% | £178,115 |
| June 2023 | 3.4% | £177,578 |
| June 2022 | 9.7% | £171,799 |
| June 2021 | 7% | £156,552 |
| June 2020 | 2.8% | £146,325 |
| June 2019 | 1.3% | £142,370 |
| June 2018 | 3.9% | £140,530 |
| June 2017 | 5.9% | £135,306 |
| June 2016 | 4.2% | £127,798 |
| June 2015 | 5.1% | £122,616 |
| June 2014 | 6.3% | £116,651 |
| June 2013 | 3.2% | £109,692 |
| June 2012 | -0.3% | £106,251 |
| June 2011 | -0.7% | £106,581 |
| June 2010 | 4.1% | £107,367 |
| June 2009 | -15.6% | £103,141 |
| June 2008 | -2.6% | £122,252 |
| June 2007 | 0% | £125,471 |
Rental Market Trends
The current average rental value in the street is £907.
The Melbourne Road Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £907pcm |
| June 2025 | 3.9% | £882pcm |
| June 2024 | 4.7% | £849pcm |
| June 2023 | 9.1% | £810pcm |
| June 2022 | 7.9% | £743pcm |
| June 2021 | 8.8% | £688pcm |
| June 2020 | 2% | £633pcm |
| June 2019 | 2.6% | £620pcm |
| June 2018 | 0.8% | £604pcm |
| June 2017 | 4.4% | £600pcm |
| June 2016 | 5.3% | £575pcm |
| June 2015 | 3.5% | £546pcm |
| June 2014 | 1.5% | £528pcm |
| June 2013 | 1% | £520pcm |
| June 2012 | 1.3% | £515pcm |
| June 2011 | 3% | £508pcm |
| June 2010 | 2.7% | £493pcm |
| June 2009 | -6.4% | £480pcm |
| June 2008 | 2.5% | £513pcm |
| June 2007 | 0% | £501pcm |
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%.
Melbourne Road, Grantham, NG31 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 Mar 2025£175,000 | 3 Bed House23, Melbourne Road, Grantham, NG31 9RH23, Melbourne Road, Grantham, NG31 9RH
- Sold Jan 2025£210,000 | 3 Bed House36, Melbourne Road, Grantham, NG31 9RJ36, Melbourne Road, Grantham, NG31 9RJ
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
Nearby Streets
Melbourne Road, Grantham, NG31 is the 599th largest and the 257th most expensive street in the NG31 area.
- Queensway, Grantham, NG31214 Addresses|120 m away
- Montrose Close, Grantham, NG3122 Addresses|136 m away
- Ash Grove, Grantham, NG3129 Addresses|144 m away
- Hobart Road, Grantham, NG3138 Addresses|145 m away
- Ascot Drive, Grantham, NG3149 Addresses|152 m away
- Christchurch Road, Grantham, NG3121 Addresses|179 m away
Sections of this street
There are 2 postcodes on Melbourne Road, Grantham, NG31.
- House prices in NG31 9RJ27 Addresses
- House prices in NG31 9RH47 Addresses
Property Types
- 51 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- mid-century house (51)
- house (1)
- early-century house (6)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 57 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (5)
- F (1)
- C (23)
- G (0)
- D (24)
- No EPC (17)
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 Melbourne Road, Grantham, NG31 is Grantham station, which is 2.4 kilometres away.
- Grantham|2.4 km away
- Ancaster|9.2 km away
- Bottesford|11.9 km away