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Cheapest and best areas to buy in Grantham. All 3 postcode districts compared.

Typical 3-bed house£222kacross Grantham
Cheapest districtNG313-bed house £205k
Sold last year549homes in Grantham
Prices in South Kesteven+3.1%on a year ago

A typical 3-bedroom house in Grantham sold for £222,000 over the last five years, in today's money. The same home costs £205k in NG31 and £284k in NG32, so where you look matters more than almost anything else.

For the most space for your money, look at NG31: about 88 m² for a typical £205k. NG31 is the busiest market, with 388 sales last year.

Prices in South Kesteven are up 3.1% on a year ago. Renting a 3-bedroom home costs about £914 a month; a 90% mortgage on the typical 3-bed house would be around £1,012 a month at 4.5% over 30 years.

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Cheapest areas to buy in Grantham

1NG313-bed house £205kabout 88 m² · 388 sold last year2NG333-bed house £256kabout 93 m² · 78 sold last year3NG323-bed house £284kabout 94 m² · 83 sold last year

For a flat, the cheapest is NG31: a typical 2-bedroom flat sells for £107k.

Best areas in Grantham for families

Districts where the best state schools nearby beat the England average, cheapest first.

NG313-bed house £205k
Primary Belton Lane Community Primary School · 72% England 64%Secondary The Priory Ruskin Academy · 30.2% England 43.8%

Best state primary within 2 km (pupils meeting the expected standard at 11) and secondary within 5 km (grade 5+ in English and maths). DfE performance tables.

Grantham postcode districts

District3-bed houseSize2-bed flatHouses per m²Best primarySold last year
NG31£205k88 m²£107k£2,53272%388
NG32£284k94 m²—£2,919—83
NG33£256k93 m²—£2,783—78

Typical prices from sales in the last five years, in today's money. A dash means too few sales to say.

Questions about buying in Grantham

How much is a 3-bedroom house in Grantham?

About £222,000 across Grantham, from sales in the last five years in today's money. It ranges from £205k in NG31 to £284k in NG32.

What is the cheapest area of Grantham to buy a house?

For a 3-bedroom house: NG31 (£205k), NG33 (£256k), NG32 (£284k).

Are house prices going up in Grantham?

In South Kesteven, prices are up 3.1% on a year ago and up 16% over five years, according to the UK House Price Index (July 2026).

Which postcode in Grantham is best for families?

On school results and price together: NG31 (3-bed house £205k, best primary nearby 72% at the expected standard against 64% across England).

Is Grantham a good place to buy a house?

What the numbers say: a typical 3-bedroom house costs £222,000, prices are up 3.1% on a year ago, renting a 3-bedroom home costs about £914 a month against roughly £1,012 for a 90% mortgage, and 549 homes sold last year, so there is a real choice. Prices vary from £205k to £284k between districts, so the area you pick matters most.

How many homes sell in Grantham each year?

549 homes sold across its 3 postcode districts in the last year, the most in NG31.

Sources: HM Land Registry price paid data matched to the EPC register, UK House Price Index (July 2026), ONS private rents (August 2026). The mortgage figure is an illustration, not advice.