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House Prices in NG33

The average house price in NG33 (Grantham) is £282,000 using HM Land Registry data.

The average property price increased by £51,712 (31.96%) over the last 5 years and increased by £10,362 (4.64%) over the last 12 months.

Over the last year, there were 75 residential property sales – a decrease of 58 transactions (-77.33%) relative to the previous year. The majority of house sales (15) were in the £140,000 - £224,000 range. Then came properties in the £224,000 - £308,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,352 (-2%).

In Oct 24, there were 31 new estate agency instructions, 20 agreed home sales and 29 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) - Oct 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
68 Great Close, South Witham, Grantham, Lincolnshire, NG33 5QJ	£185,000	£175,000	-£10,000	08 Feb 2024	02 Aug 2024	176 Days
Tudor House, Church Street, Skillington, Grantham, Lincolnshire, NG33 5HQ	£575,000	£560,000	-£15,000	18 Aug 2023	30 Jul 2024	347 Days
24 Church Lane, Little Bytham, Grantham, Lincolnshire, NG33 4QP	£350,000	£350,000	£00	09 Feb 2024	26 Jul 2024	168 Days
Amberlea, School Lane, Old Somerby, Grantham, Lincolnshire, NG33 4AQ	£435,000	£425,000	-£10,000	05 Jul 2023	24 Jun 2024	355 Days
7 Pridmore Road, Corby Glen, Grantham, Lincolnshire, NG33 4JN	£240,000	£235,500	-£4,500	11 Oct 2023	17 Jun 2024	250 Days
14 High Street, Swayfield, Grantham, Lincolnshire, NG33 4LL	£495,000	£495,000	£00	22 Feb 2024	31 May 2024	99 Days
32 Cumberland Gardens, Castle Bytham, Grantham, Lincolnshire, NG33 4SQ	£499,999	£490,000	-£9,999	02 Aug 2023	08 May 2024	280 Days
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
1 Turnor Close, Colsterworth, Grantham, Lincolnshire, NG33 5JH	£305,000	£298,000	-£7,000	11 Sep 2023	14 Mar 2024	185 Days
33 Unwin Green, South Witham, Grantham, Lincolnshire, NG33 5PY	£145,000	£145,000	£00	12 Oct 2023	01 Mar 2024	141 Days
65 Corby Road, Swayfield, Grantham, Lincolnshire, NG33 4LH	£325,000	£324,000	-£1,000	01 Sep 2023	29 Feb 2024	181 Days
19 St Johns Drive, Corby Glen, Grantham, Lincolnshire, NG33 4NG	£475,000	£455,000	-£20,000	20 Sep 2023	29 Feb 2024	162 Days
26 Coverley Road, South Witham, Grantham, Lincolnshire, NG33 5SP	£225,000	£222,500	-£2,500	17 Oct 2023	20 Feb 2024	126 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

Most Expensive Streets in NG33 (Grantham)

Postcode	Street	Area	Average	No. of Sales
NG33 4SL	Holywell Road, Castle Bytham	Grantham	£771,123	8
NG33 4JL	Irnham Park, Irnham	Grantham	£661,666	3
NG33 5HQ	Church Street, Skillington	Grantham	£631,666	3
NG33 4SJ	Station Road, Castle Bytham	Grantham	£626,666	3
NG33 5RF	Main Street, Sewstern	Grantham	£597,333	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	£504,400	5
NG33 4HW	Little Humby	Grantham	£504,166	6
NG33 4RZ	High Street, Castle Bytham	Grantham	£492,000	5

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 5PY	Unwin Green, South Witham	Grantham	£124,800	10
NG33 5PX	Launds Green, South Witham	Grantham	£125,000	6
NG33 5PP	Moor Lane, South Witham	Grantham	£129,100	5
NG33 5RA	The Parkside, South Witham	Grantham	£132,333	3
NG33 5PU	Wimberley Way, South Witham	Grantham	£138,516	12
NG33 5RR	Tollemache Fields, South Witham	Grantham	£141,750	4
NG33 5JQ	Bourne Road Estate, Colsterworth	Grantham	£145,000	3
NG33 5PR	Troughton Walk, South Witham	Grantham	£148,928	7