Grantham Property News

Where are we in the housing market that is affecting us her in Grantham? Last month kicked off with some big talking points in the UK property market. While the dust is still settling after a turbulent few years, there are signs of balance returning - though not without some fresh challenges along the way.

Whether you're buying, selling, letting, or renting, here’s what’s been happening and what it could mean for you in Grantham. At Secure My Sale Estate Agents Grantham, we’re here to keep you informed with practical updates and local insight that matters.

House Prices: Where Do Things Stand?

House prices across the UK have continued a slow but steady upward trend. According to the latest UK House Price Index from the Office for National Statistics, the average UK house price in February 2025 (the most recent confirmed data) is £281,000, showing a 1.8% increase year-on-year.

ONS House Price Index
Rightmove House Price Report – April 2025

Rightmove reports that the average asking price for homes entering the market in early April reached a record high of £377,182, driven by seasonal demand and improved confidence among sellers.

If you're thinking of selling your home or exploring property for sale in Grantham, this season offers one of the strongest windows of opportunity in recent years.

Mortgage Rates: Stabilising with Caution

Mortgage rates have settled somewhat following volatility in late 2024. As of early April:

• The average two-year fixed rate is 4.84%

• The average five-year fixed rate is 4.72%

These figures are down from the highs of over 6% seen last year and are giving more borrowers room to manoeuvre. Some high street lenders are even offering sub-4% deals for those with larger deposits.

Lenders are still cautious, so if you’re buying property in Grantham, it’s wise to secure a mortgage agreement in principle early to strengthen your position. Come in and see us at our office we have a fantastic broker that could answer all your questions and maybe even get you a better deal than you’ve already got.

Sellers: A Seasonal Window of Opportunity

Historically Spring traditionally brings a rise in new listings, and 2025 is no exception. Rightmove reports buyer demand is up 5% compared to April 2024, with more homeowners taking advantage of the seasonal surge in interest. We know from our office on London Road the demand from buyers is definitely there, especially for good quality smaller family homes where there are buyers waiting.

If you're considering selling your home in Grantham, pricing it correctly and ensuring it's market-ready will be vital. Call us to book a valuation on 01476 825258.

Top tips for sellers:

• First impressions count – Fresh paint, tidy gardens, and welcoming entrances all help.

• Accurate valuations – Our team at Secure My Sale Estate Agents Grantham can help set the right asking price based on current market trends in Grantham.

• Show it off – Use high-quality images and floorplans to capture attention online.

Speak to us - your local estate agent in Grantham - to discuss the best way to market your property this spring.

Buyers: Be Prepared to Move Quickly

We are finding some buyers are feeling cautiously optimistic. With wages on the rise and inflation softening, affordability is gradually improving. According to Nationwide, earnings are now outpacing house prices in many areas. However in some cases there has been cases where buyers have missed out on the one they wanted to buy as someone else jumped in whilst they were thinking over – be careful!

If you’re looking to buy property in Grantham, here’s how to get ahead:

• Sort your finances early – A mortgage in principle puts you in a stronger negotiating position.

• Be ready to move – In-demand homes are still selling fast, especially when priced correctly.

• Think about long-term value – Energy efficiency, location, and futureproofing are all worth factoring in.

We’ve got a range of properties for sale in Grantham. View our current listings or speak with one of our team today on 01476 825258.

Rental Market: High Demand, Gradual Cooling

The Grantham rental sector is still feeling the pressure of high demand, though growth in rents is now stabilising. According to the Office for National Statistics, the average UK rent in March 2025 is now £1,332 per month, a 7.7% rise over the past 12 months. The Grantham rents are averaging around the £800 per month and demand is very high currently.

For landlords in Grantham, it’s a market full of opportunity - but also one that demands careful management and awareness of legislative updates.

With the Renters' Rights Bill due to become law later this year, the way tenancies are managed will soon look quite different. Proposed changes include:

• Abolishing fixed term assured tenancies

• All tenancies becoming periodic

• Four-month notice periods for landlords regaining possession to sell

• Limit of one rent increase per year

If you’re a landlord in Grantham, Secure My Sale Estate Agents Grantham can help you keep your property compliant and your tenancies running smoothly.

What’s Next for the Property Market?

The rest of spring is expected to bring strong levels of market activity. With the average asking price hitting a new high and demand growing week by week, we could see continued house price growth over the next few months. Nationwide is forecasting a 2–4% increase in 2025 if inflation remains controlled.

Lettings will stay competitive, and legislation will continue to reshape landlord responsibilities. Staying informed, prepared, and adaptable will be the key to success.

Looking for Help?

We are a local family business that knows Grantham so whether you’re buying, selling, letting or renting in the area, Secure My Sale Estate Agents Grantham is your local expert. Our team is here to support you through every stage of your property journey.

www.securemysale.co.uk 

We know property better than anyone and are proud to be a trusted estate agent in Grantham.

Note: The information in this article is based on data as of March/April 2025 and may change. Always seek professional advice for specific circumstances