Typical 3-bedroom house£205kmost £171k–£255k
Houses per m²£2,532flats £1,890
Sold last year3882,870 in five years
Prices in South Kesteven+3.1%on a year ago
A typical 3-bedroom house in NG31 sold for £205,021 over the last five years, in today's money; most went for between £170,843 and £254,543, for about 88 m² of space. That is 8% less than the same home across Grantham (£222,000).
388 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £81k for one bedroom. Within the district, houses cost the least per m² in NG31 6 (£1,629) and the most in NG31 8 (£2,808).
Across South Kesteven, prices are up 3.1% on a year ago and up 16% over five years. Renting a similar home there costs about £914 a month; a 90% mortgage on the typical price would be around £935 a month at 4.5% over 30 years. Lenders would typically want a household income of about £41,000 for that mortgage: what £45,000 buys.
Questions about NG31
Is NG31 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 8% less than across Grantham; prices in South Kesteven are up 3.1% on a year ago; the best state primary nearby is above the England average (72% against 64%); the best secondary is below it (30.2% against 43.8%); 388 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in NG31?
A typical 3-bedroom house in NG31 sold for £205,021 over the last five years, in today's money. Most sold between £170,843 and £254,543.
Is NG31 expensive for Grantham?
A 3-bedroom house in NG31 costs 8% less than the typical 3-bedroom house across Grantham (£222,000).
How many homes sell in NG31 each year?
388 homes sold in the last year and 2,870 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near NG31?
The best-performing state primary within 2 km is Belton Lane Community Primary School, where 72% of pupils met the expected standard at age 11 (England: 64%).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.