Housing Market Analysis for WESTMINSTER WAY, NG31 8PQ

Are you looking to understand NG31 8PQ 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 8PQ area, explore the NG31 8PQ Area information page.
For comprehensive crime statistics in the NG31 8PQ area, explore the NG31 8PQ Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £177,306 median price is £163,500 Standard Deviation is £58,372 with Total Sold: 28
- The Last 5 Year average price is £252,718 with Total Sold: 6
- The most recent sale happened at this postcode is 10 WESTMINSTER WAY: £235,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 2 WESTMINSTER WAY: £55,500 (Sold on 04 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8PQ 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£3,983	1
2022	£253,102	£2,898	2
2021	£262,552	£2,579	2
2020	£250,000	£2,660	1
2016	£217,500	£1,925	1
2015	£205,000		1
2013	£183,000	£1,651	1
2012	£205,000	£1,914	2
2009	£152,488	£1,611	4
2008	£167,000	£2,651	1
2007	£157,450	£2,460	2
2006	£259,950	£1,528	1
2005	£151,500		1
2004	£179,000	£1,904	1
2003	£154,000	£1,320	1
2002	£115,000		1
2001	£95,750	£973	2
1998	£138,950	£716	1
1997	£95,500	£561	1
1996	£55,500		1

All the Sales in the WESTMINSTER WAY, NG31 8PQ

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

Address	Sold Date	Price	% Change
10 WESTMINSTER WAYDetached, FreeholdArea: 59 Sq.mtrAge: 1983-1990	31 May 2023	£235,000	First Sale
8 WESTMINSTER WAYDetached, FreeholdArea: 81.25 Sq.mtrAge: 1983-1990	30 Sep 2022	£246,100	75.79%
	30 Oct 2009	£140,000	First Sale
18 WESTMINSTER WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1983-1990	22 Feb 2022	£260,105	0.0
	18 Jun 2021	£260,105	184.27%
	10 Apr 2001	£91,500	First Sale
16 WESTMINSTER WAYDetached, FreeholdArea: 110.81 Sq.mtrAge: 1983-1990	11 Mar 2021	£265,000	44.81%
	24 May 2013	£183,000	First Sale
17 WESTMINSTER WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1983-1990	13 Oct 2020	£250,000	39.66%
	27 Aug 2004	£179,000	First Sale
3 WESTMINSTER WAYDetached, FreeholdArea: 113 Sq.mtrAge: 1983-1990	28 Nov 2016	£217,500	First Sale
12 WESTMINSTER WAYDetached, Freehold	04 Jun 2015	£205,000	28.12%
12 WESTMINSTER WAYDetached, Freehold	29 Oct 2009	£160,000	First Sale
11 WESTMINSTER WAYDetached, FreeholdArea: 63 Sq.mtrAge: 1983-1990	11 Dec 2012	£160,000	-4.19%
	14 May 2008	£167,000	7.78%
	05 Apr 2007	£154,950	First Sale
7A WESTMINSTER WAYDetached, FreeholdArea: 194 Sq.mtrAge: 1991-1995	31 Oct 2012	£250,000	79.92%
	30 Apr 1998	£138,950	First Sale
12A WESTMINSTER WAYDetached, Freehold	24 Jul 2009	£135,000	First Sale
5 WESTMINSTER WAYDetached, FreeholdArea: 116.65 Sq.mtrAge: 1996-2002	22 May 2009	£174,950	13.60%
	01 May 2003	£154,000	First Sale
9 WESTMINSTER WAYDetached, Freehold	15 Nov 2007	£159,950	First Sale
7 WESTMINSTER WAYDetached, FreeholdArea: 170.18 Sq.mtrAge: 1983-1990	16 Jun 2006	£259,950	172.20%
	17 Apr 1997	£95,500	First Sale
2 WESTMINSTER WAYDetached, Freehold	10 Jun 2005	£151,500	31.74%
	09 Aug 2002	£115,000	107.21%
	04 Nov 1996	£55,500	First Sale
6 WESTMINSTER WAYDetached, Freehold	09 Nov 2001	£100,000	First Sale

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

WESTMINSTER WAY, NG31 8PQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 8PQ 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 8PQ postcode.

Detached
- The average price is around £189,333 median price is £185,000 Standard Deviation is £85,301 with Total Sold: 1,074
- The Last 5 Year average price is £300,145 with Total Sold: 130
- The most recent sale happened at this postcode is , 106 WINCHESTER ROAD: £241,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 3 PETERBOROUGH CLOSE: £62,995 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £123,742 median price is £118,000 Standard Deviation is £69,725 with Total Sold: 764
- The Last 5 Year average price is £196,494 with Total Sold: 119
- The most recent sale happened at this postcode is , 47 NORTH PARADE: £420,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 29 CHICHESTER CLOSE: £48,500 (Sold on 04 Jan 1995)
Terraced
- The average price is around £104,236 median price is £93,475 Standard Deviation is £72,984 with Total Sold: 726
- The Last 5 Year average price is £174,236 with Total Sold: 135
- The most recent sale happened at this postcode is , 24 ROBERTSON ROAD: £180,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 56 DYSART ROAD: £26,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £76,405 median price is £81,950 Standard Deviation is £30,277 with Total Sold: 217
- The Last 5 Year average price is £105,985 with Total Sold: 44
- The most recent sale happened at this postcode is , 24 PREMIER COURT: £120,000 (Sold on 05 Jun 2024)
- The first recorded sale happened at this postcode is , 22 PREMIER COURT: £40,000 (Sold on 31 Jan 1995)
Other
- The average price is around £2,148,496 median price is £238,475 Standard Deviation is £3,132,619 with Total Sold: 14
- The Last 5 Year average price is £3,300,850 with Total Sold: 7
- The most recent sale happened at this postcode is GARAGE, 48 COLES WAY: £180,000 (Sold on 04 Apr 2022)
- The first recorded sale happened at this postcode is , 24 NORTH PARADE: £322,000 (Sold on 31 Mar 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,389	£4,113	9
2023	£325,385	£3,297	13
2022	£352,850	£3,152	22
2021	£285,797	£2,682	36
2020	£286,786	£2,357	28
2019	£274,952	£2,360	22
2018	£271,324	£2,328	40
2017	£255,079	£2,129	55
2016	£222,087	£2,161	27
2015	£219,433	£1,877	27
2014	£213,206	£1,874	57
2013	£212,982	£1,719	31
2012	£205,143	£1,712	22
2011	£197,697	£1,735	15
2010	£224,593	£1,635	21
2009	£157,683	£1,575	24
2008	£208,342	£1,837	24
2007	£209,367	£1,888	35
2006	£213,401	£1,641	46
2005	£207,897	£1,615	32
2004	£203,183	£1,578	43
2003	£199,032	£1,373	71
2002	£154,330	£1,140	87
2001	£124,088	£995	76
2000	£104,362	£801	43
1999	£96,048	£729	49
1998	£94,089	£678	22
1997	£75,142	£682	27
1996	£69,640	£667	37
1995	£72,565	£643	33

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£235,893	£1,986	14
2023	£199,997	£2,870	18
2022	£229,838	£2,606	17
2021	£184,875	£2,386	32
2020	£169,617	£2,356	15
2019	£178,817	£2,122	23
2018	£177,451	£2,424	42
2017	£184,639	£2,037	36
2016	£164,718	£1,828	20
2015	£132,462	£1,984	13
2014	£155,236	£1,780	30
2013	£143,791	£1,541	47
2012	£124,345	£1,451	18
2011	£116,471	£1,677	17
2010	£121,601	£1,767	24
2009	£113,994	£1,599	10
2008	£154,411	£1,664	19
2007	£147,198	£2,055	23
2006	£124,377	£1,868	26
2005	£131,205	£1,872	22
2004	£119,027	£1,556	22
2003	£125,788	£1,328	37
2002	£95,663	£1,153	29
2001	£66,843	£930	23
2000	£49,939	£853	31
1999	£46,639	£638	32
1998	£45,415	£581	32
1997	£39,412	£628	34
1996	£40,977	£690	24
1995	£44,321	£610	34

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,250		8
2023	£185,767	£1,920	15
2022	£200,695	£2,183	31
2021	£194,948	£1,754	25
2020	£149,498	£1,571	24
2019	£148,817	£1,744	32
2018	£168,262	£1,777	29
2017	£118,162	£1,487	15
2016	£151,316	£1,434	19
2015	£139,037	£1,532	23
2014	£119,625	£1,158	18
2013	£142,429	£1,249	22
2012	£106,605	£1,540	15
2011	£98,893	£1,434	38
2010	£111,099	£1,475	15
2009	£96,250	£1,194	8
2008	£143,196	£1,649	16
2007	£122,865	£1,491	24
2006	£104,872	£1,389	23
2005	£114,258	£1,469	19
2004	£109,821	£1,253	24
2003	£102,961	£1,088	27
2002	£68,284	£869	34
2001	£51,706	£597	45
2000	£50,524	£556	33
1999	£41,689	£466	27
1998	£34,082	£409	32
1997	£34,924	£453	25
1996	£24,592	£334	43
1995	£38,073	£388	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,125	£2,193	4
2023	£104,429	£1,789	7
2022	£107,064	£1,812	14
2021	£106,279	£1,801	7
2020	£102,188	£1,807	8
2019	£99,875	£1,870	4
2018	£87,204	£1,476	12
2017	£83,494	£1,643	9
2016	£88,643	£1,528	7
2015	£93,038	£1,564	4
2014	£79,564	£1,361	7
2013	£76,292	£5,331	12
2012	£80,199	£1,293	7
2011	£77,537	£7,018	8
2010	£83,499	£13,758	4
2009	£81,083	£1,378	6
2008	£92,938	£2,024	4
2007	£93,500	£1,799	6
2006	£100,167	£1,750	6
2005	£89,750	£1,627	4
2004	£90,179	£1,916	7
2003	£86,843	£1,602	7
2002	£51,470	£899	5
2001	£42,877	£828	13
2000	£37,958	£714	6
1999	£35,222	£630	9
1998	£37,817	£699	6
1997	£33,954	£646	10
1996	£49,658	£667	6
1995	£36,954	£658	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£180,000		1
2021	£238,475	£2,817	2
2020	£7,460,000		3
2019	£69,000	£1,232	1
2018	£2,042,667	£1,029	3
2017	£231,500	£1,543	2
2016	£60,000	£359	1
2015	£322,000	£1,635	1

House Type in NG31 8PQ area

The most common house types in the NG31 8PQ postcode area are Detached (89), Semi-detached (44), and Terraced (0).

Total	133
Detached	89
Semi-detached	44
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	80
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	11
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NG31 8PQ have 2 people in household (58), and 1 person in household (38).

2 people in household	58
1 person in household	38
3 people in household	17
4 people in household	13
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0