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Property Price Trends
NG32 1QH
What are the historical property price trends?
Explore the yearly trends in property prices for the NG32 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
NG32
Most Expensive Property
£1,400,000
1 Branston Road, NG32 1EU
Sold: 08 July 2022
Cheapest Property
£180,000
34 Hough Road, NG32 2NS
Sold: 16 December 2020
£273,000
The average house price in Melton was £273,000 in November 2024 (provisional), similar to the revised figure for November 2023. Across the East Midlands, the average house price rose by 2.7% over the same period.
£712
Private rents rose to an average of £712 in December 2024, an annual increase of 11.4% from £639 in December 2023. This was higher than the rise in the East Midlands (8.3%) over the year.
£229,000
The average price paid by first-time buyers was £229,000 in November 2024 (provisional). This was in line with the average in November 2023 (revised).
£274,000
For homes bought with a mortgage, the average house price was £274,000 in November 2024 (provisional). This was similar to the average in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Melton, E07000133). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in NG32 1QH?
The graph below shows the five-year capital growth figures for properties for the NG32 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in NG32 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lincolnshire?
Homebuyers
For homebuyers in Lincolnshire, the property market is showing steady growth with an average house price increase of 4.5% over the past year. Areas such as Lincoln (LN1, LN2) and Stamford (PE9) are particularly popular among buyers due to their charming architecture and good transport links. The availability of properties in these areas is moderate, with a mix of period homes and new builds to choose from. The average house price in Lincoln is around £200,000, while in Stamford it is closer to £250,000. Overall, Lincolnshire offers a range of options for homebuyers looking for a mix of rural charm and modern amenities.
Renters
Rent prices in Lincolnshire have seen a slight increase of 2% in the past year, making it a relatively affordable option for renters compared to other regions. Areas like Grantham (NG31) and Skegness (PE25) offer a mix of rental properties, from flats to family homes, with average prices ranging from £500 to £800 per month. The availability of rental properties in these areas is decent, with a good selection for those looking to rent. Lincolnshire is a popular choice for renters looking for a balance between affordability and quality of life.
Investors
Investors looking to buy property in Lincolnshire will find a growing market with good potential for rental income. Areas like Boston (PE21) and Grimsby (DN31) are seeing an increase in demand for rental properties, with average rental yields of around 4-5%. The availability of properties in these areas is high, with a mix of buy-to-let opportunities and renovation projects. The average house price in Boston is around £150,000, while in Grimsby it is closer to £120,000. Overall, Lincolnshire presents a good opportunity for investors looking to enter the rental market with affordable properties and decent rental yields.
Homebuyers
For homebuyers in Lincolnshire, the property market is showing steady growth with an average house price increase of 4.5% over the past year. Areas such as Lincoln (LN1, LN2) and Stamford (PE9) are particularly popular among buyers due to their charming architecture and good transport links. The availability of properties in these areas is moderate, with a mix of period homes and new builds to choose from. The average house price in Lincoln is around £200,000, while in Stamford it is closer to £250,000. Overall, Lincolnshire offers a range of options for homebuyers looking for a mix of rural charm and modern amenities.
Renters
Rent prices in Lincolnshire have seen a slight increase of 2% in the past year, making it a relatively affordable option for renters compared to other regions. Areas like Grantham (NG31) and Skegness (PE25) offer a mix of rental properties, from flats to family homes, with average prices ranging from £500 to £800 per month. The availability of rental properties in these areas is decent, with a good selection for those looking to rent. Lincolnshire is a popular choice for renters looking for a balance between affordability and quality of life.
Investors
Investors looking to buy property in Lincolnshire will find a growing market with good potential for rental income. Areas like Boston (PE21) and Grimsby (DN31) are seeing an increase in demand for rental properties, with average rental yields of around 4-5%. The availability of properties in these areas is high, with a mix of buy-to-let opportunities and renovation projects. The average house price in Boston is around £150,000, while in Grimsby it is closer to £120,000. Overall, Lincolnshire presents a good opportunity for investors looking to enter the rental market with affordable properties and decent rental yields.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for NG32 1QH
Estimated yield for property investors
%
Yield
The estimated yield for the NG32 1QH postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in NG32 1QH?
The recently sold properties table lists homes around NG32 1QH that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 30 November 2023 | £207,500 | 21 The Drift, Barrowby, Grantham, NG32 1DQ | Semi-Detached | Freehold |
| 30 September 1996 | £213,000 | The Old Stables Branston Road, Eaton, Grantham, NG32 1EU | Detached | Freehold |
| 08 July 2022 | £1,400,000 | 1 Branston Road, Eaton, Grantham, NG32 1EU | Other | Freehold |
| 13 March 2024 | £560,000 | Brambles Bottom Street, Allington, Grantham, NG32 2DT | Detached | Freehold |
| 15 November 2023 | £255,000 | Yew Tree House Back Lane, Foston, Grantham, NG32 2LA | Other | Freehold |
| 16 December 2020 | £180,000 | 34 Hough Road, Barkston, Grantham, NG32 2NS | Terraced | Freehold |
| 28 February 2023 | £260,000 | Gonerby Grange South Cottage Belton, Grantham, NG32 2NX | Semi-Detached | Freehold |
| 16 December 2022 | £503,000 | 30 Kings Hill, Caythorpe, Grantham, NG32 3DJ | Detached | Freehold |
| 27 October 2023 | £214,000 | 17 Kings Hill, Caythorpe, Grantham, NG32 3DJ | Terraced | Freehold |
| 08 September 2023 | £931,000 | 46 High Street, Caythorpe, Grantham, NG32 3DN | Detached | Freehold |
| 24 November 2022 | £502,000 | Swallowfield Farm Main Street, Welby, Grantham, NG32 3LR | Detached | Freehold |
| 04 December 2023 | £272,500 | 19 St Martins Way, Ancaster, Grantham, NG32 3RA | Detached | Freehold |
Please note that house prices for properties sold in and around NG32 1QH during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
