# NG31 6HY Area Summary
The NG31 6HY postcode is located in Grantham, Lincolnshire, a market town with good transport links along the East Coast Main Line. With 63 properties analysed and an average price of just £61,626, this area represents one of the most affordable segments of the local property market. This exceptionally low average price point suggests the postcode is predominantly characterised by leasehold flats or retirement properties, which typically command lower values than freehold houses.
The sub-£62,000 average indicates this is an accessible entry point for first-time buyers, buy-to-let investors, or those seeking retirement accommodation. Grantham itself offers practical amenities, employment opportunities linked to local industry and logistics, and direct rail services to London King's Cross in under 90 minutes. However, prospective buyers should investigate the specific property types, potential service charges, and lease terms that may apply in this postcode area, as these factors significantly influence the low average values and ongoing ownership costs.
The average house price in NG31 6HY, Grantham is £61,626. Prices range from £19,000 to £120,000.
There are 63 properties in NG31 6HY, Grantham.
NG31 6HY contains 31 flat / maisonette properties, 25 terraced properties, 4 semi-detached properties, 3 detached properties.
Average house prices in NG31 6HY have risen by 286.9% from £24,250 in 1995 to £93,833 in 2024.
NG31 6HY is located in Grantham, Lincolnshire, England.