House Prices in NG33 House Prices in NG33 (Grantham)

The average house price in NG33 (Grantham) is £427,332 using HM Land Registry data.

The average property price increased by £62,286 (31.96%) over the last 5 years and increased by £12,480 (4.64%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 43 transactions (-48.31%) relative to the previous year. The majority of house sales (25) were in the £140,000 - £238,000 range. Then came properties in the £238,000 - £336,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,983 (-2%).

In Dec 24, there were 31 new estate agency instructions, 13 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in NG33 (Grantham)

31.96%

Property prices in Grantham increased by 31.96% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG33 (Grantham) Over the Last Year

4.64%

Property prices in Grantham increased by 4.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NG33 (Grantham) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG33 (Grantham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG33 (Grantham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG33 (Grantham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG33 (Grantham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG33 postcode area since 1995.

Recent Sales in NG33 (Grantham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Station Road, Corby Glen, Grantham, Lincolnshire, NG33 4NW£180,000£150,000-£30,00005 Apr 202418 Nov 2024227 Days
3 Mussons Close, Corby Glen, Grantham, Lincolnshire, NG33 4NY£450,000£430,000-£20,00020 Sep 202411 Nov 202452 Days
8 Ingoldsby Road, Lenton, Grantham, Lincolnshire, NG33 4HB£190,000£190,000£0016 Aug 202405 Nov 202481 Days
11 Crown Hill, Ropsley, Grantham, Lincolnshire, NG33 4BH£385,000£350,000-£35,00003 Sep 202031 Oct 20241519 Days
28 Colster Way, Colsterworth, Grantham, Lincolnshire, NG33 5JT£245,000£245,000£0028 May 202430 Oct 2024155 Days
5 Hillview Road, South Witham, Grantham, Lincolnshire, NG33 5QW£375,000£375,000£0019 Dec 202318 Oct 2024304 Days
43 High Street, South Witham, Grantham, Lincolnshire, NG33 5QB£240,000£240,000£0019 Jun 202418 Oct 2024121 Days
9 Paddock Close, Ropsley, Grantham, Lincolnshire, NG33 4BJ£235,000£228,000-£7,00031 Jan 202423 Sep 2024236 Days
46 High Street, Swinstead, Grantham, Lincolnshire, NG33 4PA£180,000£178,000-£2,00006 Jul 202420 Sep 202476 Days
6 Cringleway, Great Ponton, Grantham, Lincolnshire, NG33 5DL£165,000£145,000-£20,00015 Apr 202206 Sep 2024875 Days
Ingle House, Back Lane, Colsterworth, Grantham, Lincolnshire, NG33 5NJ£535,000£520,000-£15,00011 Jul 202428 Aug 202448 Days
47 Newton Way, Woolsthorpe By Colsterworth, Grantham, Lincolnshire, NG33 5NP£630,000£630,000£0025 Apr 202427 Aug 2024124 Days
68 Great Close, South Witham, Grantham, Lincolnshire, NG33 5QJ£185,000£175,000-£10,00008 Feb 202402 Aug 2024176 Days
Tudor House, Church Street, Skillington, Grantham, Lincolnshire, NG33 5HQ£575,000£560,000-£15,00018 Aug 202330 Jul 2024347 Days
24 Church Lane, Little Bytham, Grantham, Lincolnshire, NG33 4QP£350,000£350,000£0009 Feb 202426 Jul 2024168 Days
Amberlea, School Lane, Old Somerby, Grantham, Lincolnshire, NG33 4AQ£435,000£425,000-£10,00005 Jul 202324 Jun 2024355 Days
7 Pridmore Road, Corby Glen, Grantham, Lincolnshire, NG33 4JN£240,000£235,500-£4,50011 Oct 202317 Jun 2024250 Days
14 High Street, Swayfield, Grantham, Lincolnshire, NG33 4LL£495,000£495,000£0022 Feb 202431 May 202499 Days
32 Cumberland Gardens, Castle Bytham, Grantham, Lincolnshire, NG33 4SQ£499,999£490,000-£9,99902 Aug 202308 May 2024280 Days
64 Great Close, South Witham, Grantham, Lincolnshire, NG33 5QJ£135,000£131,500-£3,50020 Feb 202423 Apr 202463 Days

Most Expensive Streets in NG33 (Grantham)

PostcodeStreetAreaAverageNo. of Sales
NG33 4SLHolywell Road, Castle BythamGrantham£771,1238
NG33 4JLIrnham Park, IrnhamGrantham£753,2004
NG33 5HQChurch Street, SkillingtonGrantham£631,6663
NG33 4SJStation Road, Castle BythamGrantham£626,6663
NG33 4EJMain Street, IngoldsbyGrantham£511,6663
NG33 4RTWater Lane, Castle BythamGrantham£509,0004
NG33 4SQCumberland Gardens, Castle BythamGrantham£504,4005
NG33 5RFMain Street, SewsternGrantham£498,0004
NG33 4RZHigh Street, Castle BythamGrantham£492,0005
NG33 4LXHigh Street, Corby GlenGrantham£480,0003

Least Expensive Streets in NG33 (Grantham)

PostcodeStreetAreaAverageNo. of Sales
NG33 4NQWilloughby Close, Corby GlenGrantham£110,3339
NG33 4BYWood End, RopsleyGrantham£117,1427
NG33 5PYUnwin Green, South WithamGrantham£124,80010
NG33 5DLCringleway, Great PontonGrantham£130,0003
NG33 5PPMoor Lane, South WithamGrantham£131,3754
NG33 5PXLaunds Green, South WithamGrantham£131,5005
NG33 5RAThe Parkside, South WithamGrantham£132,3333
NG33 5PUWimberley Way, South WithamGrantham£134,57913
NG33 5RRTollemache Fields, South WithamGrantham£141,7504
NG33 5JQBourne Road Estate, ColsterworthGrantham£145,0003

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