4.3% Average
Rental Yield in NG31 — GRANTHAM
Rent data based on South Kesteven local authority median. Our methodology
Average ↑ above East Midlands average (3.5%)
· ↑ above England average (3.6%)
£200,000
Median Price
£725
Monthly Rent
4.3%
Gross Yield
2,148
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £305,000 | 648 |
| Semi-detached | £198,000 | 629 |
| Terraced | £150,125 | 640 |
| Flat | £110,000 | 145 |
| Other | £287,500 | 86 |
Compare Nearby Postcodes
Compare NG31 side by side →NG31 is part of South Kesteven. View all postcode districts in South Kesteven.
Frequently Asked Questions
What is the rental yield in NG31?
NG31 has a gross rental yield of 4.3%. The median property price is £200,000 with typical monthly rents of £725, based on Land Registry and VOA data.
Is NG31 a good area for buy-to-let?
NG31 yields 4.3%, above the England average of 3.6%. With 2,148 transactions over 3 years, the data is reliable.
What is the median property price in NG31?
The median property price in NG31 is £200,000, based on 2,148 Land Registry transactions over 3 years. This compares to £290,000 across South Kesteven as a whole.
Data updated quarterly · Last update: Q1 2026