Housing Market Analysis for PALMWOOD CLOSE, NG31 8GN

Are you looking to understand NG31 8GN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Kesteven postcode.

For the location information and nearby amenities in the NG31 8GN area, explore the NG31 8GN Area information page.
For comprehensive crime statistics in the NG31 8GN area, explore the NG31 8GN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG31 8GN postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £114,864 median price is £115,500 Standard Deviation is £40,082 with Total Sold: 11
    • The Last 5 Year average price is £202,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 23 PALMWOOD CLOSE: £202,000 (Sold on 10 Jun 2022)
    • The first recorded sale happened at this postcode is 23 PALMWOOD CLOSE: £47,000 (Sold on 11 Dec 1997)
  • Terraced
    • The average price is around £92,406 median price is £104,000 Standard Deviation is £41,279 with Total Sold: 25
    • The Last 5 Year average price is £175,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 PALMWOOD CLOSE: £175,000 (Sold on 19 Jul 2021)
    • The first recorded sale happened at this postcode is 19 PALMWOOD CLOSE: £32,500 (Sold on 07 Mar 1997)
  • Detached
    • The average price is around £83,167 median price is £65,500 Standard Deviation is £42,231 with Total Sold: 6
    • The Last 5 Year average price is £152,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 PALMWOOD CLOSE: £152,000 (Sold on 21 Aug 2020)
    • The first recorded sale happened at this postcode is 20 PALMWOOD CLOSE: £34,000 (Sold on 27 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8GN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£202,000 £2,886 1
2018£128,000 £1,829 1
2014£133,000 £1,799 1
2013£115,000 £1,645 1
2009£115,500 £1,650 1
2005£126,250 £1,716 2
2004£114,000 £1,629 1
2003£109,500 £1,566 1
1998£47,000 £672 1
1997£47,000 £671 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£175,000 £2,365 1
2018£130,475 £2,095 2
2016£122,000 £2,106 2
2015£131,000 £1,899 1
2014£123,125 £1,708 2
2010£120,833 £1,672 3
2006£124,500 £1,512 2
2003£95,000 £1,159 1
2002£63,750 £1,181 2
2001£69,9501
2000£49,333 £838 3
1998£46,000 £561 1
1997£38,750 £713 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£152,000 £2,203 1
2007£128,0001
2001£65,500 £870 2
2000£54,000 £659 1
1996£34,000 £723 1

All the Sales in the PALMWOOD CLOSE, NG31 8GN

See the table below for more details on the sold house prices in the NG31 8GN, South Kesteven postcode.

AddressSold DatePrice% Change
23 PALMWOOD CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1991-199510 Jun 2022£202,00057.81%
02 Aug 2018£128,00010.82%
07 Aug 2009£115,5001.32%
27 Aug 2004£114,000142.55%
11 Dec 1997£47,000First Sale
15 PALMWOOD CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1983-199019 Jul 2021£175,00045.83%
17 Jun 2010£120,000First Sale
21 PALMWOOD CLOSEDetached, FreeholdArea: 69 Sq.mtrAge: 1983-199021 Aug 2020£152,000153.33%
10 Aug 2001£60,000First Sale
19 PALMWOOD CLOSETerraced, FreeholdArea: 47 Sq.mtrAge: 1991-199522 Jun 2018£111,000100.00%
12 Apr 2002£55,50042.31%
19 May 2000£39,00013.04%
19 Dec 1997£34,5006.15%
07 Mar 1997£32,500First Sale
22 PALMWOOD CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1991-199503 Apr 2018£149,95020.93%
08 Mar 2006£124,00030.53%
17 Apr 2003£95,000106.52%
27 Nov 1998£46,000First Sale
20 PALMWOOD CLOSETerraced, FreeholdArea: 47 Sq.mtrAge: 1991-199526 Aug 2016£104,000205.88%
27 Sep 1996£34,000First Sale
6 PALMWOOD CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1991-199508 Jun 2016£140,000First Sale
5 PALMWOOD CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1991-199514 Aug 2015£131,00011.49%
26 Feb 2010£117,500First Sale
3 PALMWOOD CLOSETerraced, Freehold13 Aug 2014£123,250156.77%
22 Sep 1997£48,000First Sale
1 PALMWOOD CLOSESemi-Detached, FreeholdArea: 73.92 Sq.mtrAge: 1983-199004 Jul 2014£133,0006.40%
09 Aug 2010£125,000First Sale
10 PALMWOOD CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1991-199504 Apr 2014£123,000First Sale
2 PALMWOOD CLOSESemi-Detached, FreeholdArea: 69.91 Sq.mtrAge: 1991-199527 Mar 2013£115,000-4.17%
15 Apr 2005£120,0009.59%
22 Sep 2003£109,500132.98%
14 Aug 1998£47,000First Sale
7 PALMWOOD CLOSEDetached, Freehold23 Feb 2007£128,00080.28%
11 Dec 2001£71,000First Sale
8 PALMWOOD CLOSETerraced, Freehold25 May 2006£125,00078.70%
02 Aug 2001£69,950First Sale
18 PALMWOOD CLOSESemi-Detached, Freehold02 Aug 2005£132,500First Sale
11 PALMWOOD CLOSETerraced, Freehold05 Jul 2002£72,00080.00%
26 Mar 1997£40,000First Sale
16 PALMWOOD CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1991-199530 Jun 2000£55,000First Sale
9 PALMWOOD CLOSETerraced, Freehold25 Feb 2000£54,000First Sale
14 PALMWOOD CLOSEDetached, FreeholdArea: 82 Sq.mtrAge: 1991-199519 Jan 2000£54,000First Sale

Check out the sold house prices near the NG31 8GN postcode. Properties currently for saleProperties currently for rent

PALMWOOD CLOSE, NG31 8GN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 8GN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG31 8GN postcode.

  • Other
    • The average price is around £1,005,167 median price is £95,500 Standard Deviation is £1,290,354 with Total Sold: 3
    • The Last 5 Year average price is £92,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 21 ARNOLDFIELD COURT: £90,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , UNIT B GONERBY ROAD: £2,830,000 (Sold on 02 Sep 2014)
  • Terraced
    • The average price is around £97,700 median price is £88,250 Standard Deviation is £81,593 with Total Sold: 284
    • The Last 5 Year average price is £181,369 with Total Sold: 31
    • The most recent sale happened at this postcode is , 44 ARNOLDFIELD COURT: £152,500 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 PRETORIA ROAD: £30,750 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £171,753 median price is £160,000 Standard Deviation is £95,311 with Total Sold: 961
    • The Last 5 Year average price is £285,221 with Total Sold: 142
    • The most recent sale happened at this postcode is , 10 CHERRYWOOD DRIVE: £270,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 47 HAZELWOOD DRIVE: £60,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £114,976 median price is £120,000 Standard Deviation is £56,528 with Total Sold: 586
    • The Last 5 Year average price is £206,471 with Total Sold: 70
    • The most recent sale happened at this postcode is , 22 NORTHCLIFFE ROAD: £204,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 20 MALTINGS LANE: £47,950 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £79,434 median price is £85,000 Standard Deviation is £31,985 with Total Sold: 89
    • The Last 5 Year average price is £99,771 with Total Sold: 21
    • The most recent sale happened at this postcode is , 41 ARNOLDFIELD COURT: £130,000 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , 28 ARNOLDFIELD COURT: £46,500 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,0001
2020£95,500 £1,910 1
2014£2,830,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£443,9122
2023£167,125 £1,949 4
2022£173,417 £2,831 3
2021£152,421 £2,151 7
2020£199,306 £1,877 8
2019£126,350 £1,756 7
2018£160,400 £2,055 11
2017£119,436 £1,716 11
2016£131,155 £2,020 13
2015£105,083 £1,697 6
2014£112,450 £1,675 6
2013£95,890 £1,674 5
2012£119,380 £1,927 5
2011£98,167 £1,223 3
2010£102,268 £1,471 11
2009£93,044 £1,329 8
2008£117,288 £1,443 4
2007£288,906 £2,535 8
2006£120,788 £1,581 13
2005£100,159 £1,515 11
2004£102,356 £1,622 9
2003£84,587 £1,179 16
2002£64,819 £1,016 13
2001£53,959 £773 23
2000£45,421 £732 14
1999£46,121 £685 12
1998£37,389 £560 14
1997£36,675 £535 16
1996£33,012 £487 12
1995£32,156 £489 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,333 £3,395 9
2023£308,441 £2,975 22
2022£357,648 £3,228 26
2021£266,940 £2,692 34
2020£250,146 £2,363 24
2019£250,387 £2,203 27
2018£266,213 £2,404 23
2017£237,696 £2,145 24
2016£223,814 £2,165 23
2015£202,994 £1,879 43
2014£198,962 £1,908 39
2013£183,155 £1,724 38
2012£183,578 £1,621 25
2011£169,511 £1,682 25
2010£209,174 £1,792 17
2009£168,148 £1,627 23
2008£227,750 £1,741 21
2007£207,678 £1,803 30
2006£231,364 £1,836 50
2005£189,679 £1,642 32
2004£177,174 £1,605 29
2003£149,541 £1,476 38
2002£115,766 £1,032 41
2001£111,597 £959 37
2000£86,816 £796 40
1999£88,521 £755 55
1998£76,186 £669 44
1997£65,938 £612 41
1996£66,281 £661 35
1995£61,191 £614 46
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,250 £2,872 6
2023£242,507 £2,693 16
2022£217,695 £3,053 10
2021£190,818 £2,433 14
2020£177,705 £2,232 12
2019£196,210 £2,223 12
2018£162,747 £2,248 17
2017£159,933 £2,137 15
2016£144,509 £1,903 18
2015£142,004 £1,902 25
2014£135,215 £1,754 20
2013£133,094 £1,596 16
2012£123,071 £1,472 14
2011£132,556 £1,478 9
2010£120,049 £1,524 9
2009£124,853 £1,648 17
2008£143,533 £1,609 15
2007£149,896 £1,874 23
2006£133,147 £1,948 34
2005£132,360 £1,589 25
2004£128,096 £1,645 24
2003£102,216 £1,474 29
2002£79,638 £1,137 26
2001£62,236 £848 31
2000£58,202 £868 31
1999£51,436 £613 25
1998£46,475 £653 30
1997£45,058 £566 25
1996£39,541 £585 22
1995£43,572 £597 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,500 £1,736 2
2023£110,000 £2,452 1
2022£125,000 £1,724 2
2021£92,681 £1,786 8
2020£86,125 £1,300 4
2019£98,562 £1,369 4
2018£117,000 £1,696 1
2017£69,400 £1,142 5
2016£89,438 £1,280 4
2015£109,500 £1,587 1
2014£101,167 £1,527 3
2013£56,500 £1,948 1
2012£68,120 £975 2
2011£60,500 £1,186 5
2010£93,475 £1,315 2
2009£96,500 £1,490 3
2008£116,250 £1,760 4
2007£116,333 £1,800 3
2006£97,833 £1,465 3
2005£112,500 £2,282 3
2004£105,000 £1,500 1
2003£51,995 £1,333 1
2002£52,167 £910 3
2001£59,862 £854 4
2000£33,125 £876 4
1999£36,062 £705 4
1998£48,917 £680 3
1997£47,550 £555 2
1996£40,000 £571 1
1995£42,290 £659 5

House Type in NG31 8GN area

The most common house types in the NG31 8GN postcode area are Detached (74), Semi-detached (30), and Terraced (19).

Total124
Detached74
Semi-detached30
Terraced19
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (53), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan53
Owned: Owns outright49
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NG31 8GN have 2 people in household (49), and 1 person in household (21).

2 people in household49
1 person in household21
3 people in household20
4 people in household20
5 people in household13
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0