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House Prices in NG33

The average house price in NG33 (Grantham) is £426,333 using HM Land Registry data.

The average property price increased by £71,955 (31.96%) over the last 5 years and increased by £14,385 (4.64%) over the last 12 months.

Over the last year, there were 87 residential property sales – a decrease of 55 transactions (-63.22%) relative to the previous year. The majority of house sales (23) were in the £140,000 - £232,000 range. Then came properties in the £232,000 - £324,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,352 (-2%).

In June 2024, there were 47 new estate agency instructions, 16 agreed home sales and 30 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.

Property Market Heat Gauge for NG33 (Grantham) - June 2024

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
64 Great Close, South Witham, Grantham, Lincolnshire, NG33 5QJ	£135,000	£131,500	-£3,500	20 Feb 2024	23 Apr 2024	63 Days
37 Woolsthorpe Road, Woolsthorpe By Colsterworth, Grantham, Lincolnshire, NG33 5NT	£375,000	£360,000	-£15,000	23 Feb 2024	22 Apr 2024	59 Days
38 High Street, Ropsley, Grantham, Lincolnshire, NG33 4BE	£250,000	£250,000	£00	13 Nov 2023	12 Apr 2024	151 Days
16 Walsingham Drive, Corby Glen, Grantham, Lincolnshire, NG33 4TA	£425,000	£420,000	-£5,000	31 Oct 2023	14 Mar 2024	135 Days
65 Corby Road, Swayfield, Grantham, Lincolnshire, NG33 4LH	£325,000	£324,000	-£1,000	01 Sep 2023	29 Feb 2024	181 Days
26 Bourne Road, Colsterworth, Grantham, Lincolnshire, NG33 5JE	£475,000	£465,000	-£10,000	18 May 2023	08 Feb 2024	266 Days
52 Bourne Road, Colsterworth, Grantham, Lincolnshire, NG33 5JF	£319,000	£312,000	-£7,000	09 Oct 2023	26 Jan 2024	109 Days
3 Ferndale Close, Corby Glen, Grantham, Lincolnshire, NG33 4NZ	£650,000	£650,000	£00	01 Oct 2023	18 Jan 2024	109 Days
9 Corby Road, Swayfield, Grantham, Lincolnshire, NG33 4LQ	£275,000	£240,000	-£35,000	15 Sep 2023	17 Jan 2024	124 Days
16 Pridmore Road, Corby Glen, Grantham, Lincolnshire, NG33 4JN	£250,000	£245,000	-£5,000	25 Aug 2023	28 Dec 2023	125 Days
12 Walsingham Drive, Corby Glen, Grantham, Lincolnshire, NG33 4TA	£485,000	£457,500	-£27,500	15 Jul 2023	15 Dec 2023	153 Days
16 Coronation Road, Corby Glen, Grantham, Lincolnshire, NG33 4LZ	£200,000	£200,000	£00	23 Jun 2023	14 Dec 2023	174 Days
68 Corby Road, Swayfield, Grantham, Lincolnshire, NG33 4LH	£525,000	£520,000	-£5,000	25 Aug 2023	17 Nov 2023	84 Days
80 Great Close, South Witham, Grantham, Lincolnshire, NG33 5QJ	£170,000	£170,000	£00	18 May 2023	08 Nov 2023	174 Days
14 The Chase, Ropsley, Grantham, Lincolnshire, NG33 4AN	£175,000	£175,000	£00	19 Jun 2023	03 Nov 2023	137 Days
42 St Johns Drive, Corby Glen, Grantham, Lincolnshire, NG33 4NG	£325,000	£310,000	-£15,000	18 Apr 2023	03 Nov 2023	199 Days
16 Station Road, Corby Glen, Grantham, Lincolnshire, NG33 4NW	£180,000	£173,500	-£6,500	09 Jun 2023	03 Nov 2023	147 Days
15 Regal Gardens, Castle Bytham, Grantham, Lincolnshire, NG33 4SF	£250,000	£220,000	-£30,000	23 Jun 2023	24 Oct 2023	123 Days
14 Bytham Heights, Castle Bytham, Grantham, Lincolnshire, NG33 4ST	£299,995	£299,995	£00	20 Jun 2023	03 Oct 2023	105 Days
3 Barn Owl Close, Corby Glen, Grantham, Lincolnshire, NG33 4TB	£365,000	£355,000	-£10,000	19 May 2023	07 Sep 2023	111 Days

Most Expensive Streets in NG33 (Grantham)

Postcode	Street	Area	Average	No. of Sales
NG33 4SL	Holywell Road, Castle Bytham	Grantham	£771,123	8
NG33 4SJ	Station Road, Castle Bytham	Grantham	£626,666	3
NG33 5RF	Main Street, Sewstern	Grantham	£597,333	3
NG33 5HQ	Church Street, Skillington	Grantham	£515,000	3
NG33 4EJ	Main Street, Ingoldsby	Grantham	£511,666	3
NG33 4RT	Water Lane, Castle Bytham	Grantham	£509,000	4
NG33 4SQ	Cumberland Gardens, Castle Bytham	Grantham	£508,000	4
NG33 4HW	Little Humby	Grantham	£504,166	6
NG33 4RZ	High Street, Castle Bytham	Grantham	£495,000	4
NG33 4LX	High Street, Corby Glen	Grantham	£480,000	3

Least Expensive Streets in NG33 (Grantham)

Postcode	Street	Area	Average	No. of Sales
NG33 4BY	Wood End, Ropsley	Grantham	£103,291	6
NG33 4NQ	Willoughby Close, Corby Glen	Grantham	£110,333	9
NG33 5PX	Launds Green, South Witham	Grantham	£113,250	8
NG33 5PY	Unwin Green, South Witham	Grantham	£120,375	8
NG33 5PP	Moor Lane, South Witham	Grantham	£129,100	5
NG33 5PU	Wimberley Way, South Witham	Grantham	£134,400	10
NG33 5RR	Tollemache Fields, South Witham	Grantham	£141,750	4
NG33 5PR	Troughton Walk, South Witham	Grantham	£145,000	6
NG33 5JQ	Bourne Road Estate, Colsterworth	Grantham	£145,000	3
NG33 5BW	Bluehorse Court, Great Ponton	Grantham	£146,291	6