Housing Market Analysis for MONMOUTH WAY, NG31 8WL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £192,347 median price is £187,995 Standard Deviation is £15,820 with Total Sold: 20
- The Last 5 Year average price is £208,200 with Total Sold: 5
- The most recent sale happened at this postcode is 29 MONMOUTH WAY: £237,000 (Sold on 24 Oct 2022)
- The first recorded sale happened at this postcode is 4 MONMOUTH WAY: £176,995 (Sold on 17 Jul 2017)
Detached
- The average price is around £243,774 median price is £248,995 Standard Deviation is £16,037 with Total Sold: 18
- The Last 5 Year average price is £252,667 with Total Sold: 3
- The most recent sale happened at this postcode is 15 MONMOUTH WAY: £270,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is 1 MONMOUTH WAY: £239,995 (Sold on 17 Jul 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8WL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£221,000	£3,113	2
2021	£202,000	£2,331	2
2019	£195,000	£2,786	1
2018	£186,246	£2,642	12
2017	£190,328	£2,106	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£252,500	£2,577	2
2020	£253,000	£2,219	1
2018	£244,567	£2,295	7
2017	£239,745	£2,235	8

All the Sales in the MONMOUTH WAY, NG31 8WL

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

Address	Sold Date	Price	% Change
29 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	24 Oct 2022	£237,000	18.50%
29 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	21 Sep 2018	£200,000	First Sale
19 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	04 Feb 2022	£205,000	10.22%
19 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	25 Jan 2018	£185,995	First Sale
15 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	26 Nov 2021	£270,000	21.08%
15 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	26 Jan 2018	£222,995	First Sale
25 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	24 May 2021	£174,000	-8.42%
25 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	26 Feb 2018	£190,000	First Sale
7 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	13 Jan 2021	£235,000	5.38%
7 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	05 Oct 2017	£222,995	First Sale
8 MONMOUTH WAYSemi-Detached, FreeholdArea: 104 Sq.mtr	13 Jan 2021	£230,000	16.75%
8 MONMOUTH WAYSemi-Detached, FreeholdArea: 104 Sq.mtr	30 Nov 2017	£196,995	First Sale
10 MONMOUTH WAYDetached, FreeholdArea: 114 Sq.mtr	31 Jul 2020	£253,000	0.40%
10 MONMOUTH WAYDetached, FreeholdArea: 114 Sq.mtr	30 Nov 2017	£251,995	First Sale
2 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	28 Jun 2019	£195,000	First Sale
33 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	04 May 2018	£225,995	First Sale
24 MONMOUTH WAYDetached, FreeholdArea: 111 Sq.mtr	27 Apr 2018	£254,995	First Sale
26 MONMOUTH WAYDetached, FreeholdArea: 111 Sq.mtr	20 Apr 2018	£254,995	First Sale
31 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	13 Apr 2018	£225,995	First Sale
37 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	29 Mar 2018	£185,995	First Sale
20 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	29 Mar 2018	£182,995	First Sale
35 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	28 Mar 2018	£187,995	First Sale
27 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	12 Mar 2018	£187,995	First Sale
23 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	23 Feb 2018	£187,995	First Sale
21 MONMOUTH WAYSemi-Detached, FreeholdArea: 71 Sq.mtr	26 Jan 2018	£185,995	First Sale
22 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	26 Jan 2018	£183,995	First Sale
11 MONMOUTH WAYDetached, FreeholdArea: 115 Sq.mtr	25 Jan 2018	£265,000	First Sale
17 MONMOUTH WAYDetached, FreeholdArea: 115 Sq.mtr	25 Jan 2018	£261,995	First Sale
16 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	25 Jan 2018	£177,995	First Sale
18 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	12 Jan 2018	£177,995	First Sale
12 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	15 Dec 2017	£222,995	First Sale
9 MONMOUTH WAYDetached, FreeholdArea: 114 Sq.mtr	15 Dec 2017	£251,995	First Sale
14 MONMOUTH WAYDetached, FreeholdArea: 98 Sq.mtr	15 Dec 2017	£222,995	First Sale
6 MONMOUTH WAYSemi-Detached, FreeholdArea: 104 Sq.mtr	30 Nov 2017	£196,995	First Sale
3 MONMOUTH WAYDetached, FreeholdArea: 111 Sq.mtr	17 Nov 2017	£245,995	First Sale
5 MONMOUTH WAYDetached, FreeholdArea: 115 Sq.mtr	27 Oct 2017	£258,995	First Sale
4 MONMOUTH WAYSemi-Detached, FreeholdArea: 70 Sq.mtr	17 Jul 2017	£176,995	First Sale
1 MONMOUTH WAYDetached, FreeholdArea: 111 Sq.mtr	17 Jul 2017	£239,995	First Sale

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

MONMOUTH WAY, NG31 8WL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £162,341 median price is £169,995 Standard Deviation is £69,401 with Total Sold: 345
- The Last 5 Year average price is £220,949 with Total Sold: 85
- The most recent sale happened at this postcode is , 10 BEAUMARIS WAY: £303,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 29 CHICHESTER CLOSE: £48,500 (Sold on 04 Jan 1995)
Detached
- The average price is around £214,906 median price is £220,000 Standard Deviation is £84,133 with Total Sold: 1,204
- The Last 5 Year average price is £308,670 with Total Sold: 212
- The most recent sale happened at this postcode is , 2 DOVER CLOSE: £435,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 3 PETERBOROUGH CLOSE: £62,995 (Sold on 06 Jan 1995)
Terraced
- The average price is around £125,603 median price is £117,000 Standard Deviation is £71,876 with Total Sold: 267
- The Last 5 Year average price is £186,383 with Total Sold: 74
- The most recent sale happened at this postcode is , 18 GREEN HILL ROAD: £156,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 7 PRETORIA ROAD: £30,750 (Sold on 13 Jan 1995)
Flat
- The average price is around £126,691 median price is £124,995 Standard Deviation is £5,338 with Total Sold: 18
- The Last 5 Year average price is £133,900 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 5, 20 PENRHYN WAY: £137,500 (Sold on 24 Aug 2023)
- The first recorded sale happened at this postcode is , 1 CONISBROUGH CLOSE: £127,995 (Sold on 28 Mar 2018)
Other
- The average price is around £1,811,289 median price is £346,995 Standard Deviation is £2,006,883 with Total Sold: 7
- The Last 5 Year average price is £220,856 with Total Sold: 4
- The most recent sale happened at this postcode is , 79 BARROWBY ROAD: £280,000 (Sold on 17 Sep 2021)
- The first recorded sale happened at this postcode is , UNIT B GONERBY ROAD: £2,830,000 (Sold on 02 Sep 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,250		4
2023	£227,800	£2,972	5
2022	£261,750	£2,366	12
2021	£217,403	£2,312	23
2020	£202,666	£2,254	15
2019	£211,054	£2,194	26
2018	£201,220	£2,403	45
2017	£195,299	£2,151	28
2016	£173,426	£2,051	14
2015	£126,479	£1,694	22
2014	£160,129	£1,668	20
2013	£158,999	£1,535	9
2012	£170,499	£1,576	4
2011	£96,000	£1,465	2
2010	£157,250	£1,586	4
2009	£109,475	£2,026	2
2008	£150,990	£1,881	5
2007	£165,500	£1,755	6
2006	£128,190	£1,850	5
2005	£150,200	£1,691	10
2004	£141,906	£1,597	9
2003	£135,442	£1,341	14
2002	£138,926	£1,040	7
2001	£72,939	£1,053	9
2000	£68,333	£695	6
1999	£50,792	£670	6
1998	£60,391	£538	6
1997	£46,880	£670	5
1996	£46,332	£818	6
1995	£53,442	£549	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,962	£3,277	13
2023	£321,630	£3,145	23
2022	£351,902	£2,975	34
2021	£307,849	£2,531	39
2020	£296,259	£2,321	48
2019	£287,160	£2,382	55
2018	£274,632	£2,275	67
2017	£269,076	£2,127	63
2016	£246,304	£2,049	46
2015	£240,053	£1,927	61
2014	£228,700	£1,868	81
2013	£224,523	£1,798	37
2012	£206,005	£1,730	21
2011	£223,131	£1,680	13
2010	£221,839	£1,642	22
2009	£177,462	£1,624	16
2008	£218,207	£1,763	18
2007	£225,051	£1,855	29
2006	£229,153	£1,618	42
2005	£227,775	£1,649	28
2004	£209,152	£1,566	43
2003	£204,651	£1,384	71
2002	£158,385	£1,129	80
2001	£128,982	£992	71
2000	£118,645	£860	55
1999	£109,841	£776	54
1998	£97,669	£704	16
1997	£82,712	£632	16
1996	£71,911	£735	12
1995	£73,007	£634	30

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,000		1
2023	£190,833	£2,020	12
2022	£203,546	£2,097	12
2021	£209,062	£1,827	16
2020	£154,678	£1,651	8
2019	£172,854	£2,002	25
2018	£211,271	£1,985	31
2017	£118,048	£1,447	8
2016	£144,834	£1,858	8
2015	£130,714	£1,440	7
2014	£98,184	£1,319	17
2013	£132,158	£1,021	6
2012	£89,750	£1,106	2
2011	£71,000	£866	1
2010	£98,600	£1,175	5
2009	£75,875	£920	2
2008	£120,500	£1,596	2
2007	£130,317	£1,382	3
2006	£105,214	£1,097	7
2005	£107,321	£1,253	7
2004	£101,900	£1,098	6
2003	£97,188	£901	8
2002	£66,076	£787	11
2001	£59,510	£609	14
2000	£49,090	£491	5
1999	£36,610	£454	5
1998	£36,960	£392	14
1997	£36,214	£314	7
1996	£32,075	£316	10
1995	£32,886	£371	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£138,750	£2,056	2
2021	£130,000	£1,940	1
2020	£131,000	£2,004	2
2018	£123,918	£1,894	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£280,000	£2,817	1
2020	£221,248	£2,168	2
2019	£160,930	£2,299	1
2016	£4,482,800	£42,905	2
2014	£2,830,000		1

House Type in NG31 8WL area

The most common house types in the NG31 8WL postcode area are Detached (80), Semi-detached (47), and Terraced (12).

Total	139
Detached	80
Semi-detached	47
Terraced	12
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 with a mortgage or loan (115), and Owned: Owns outright (17).

Owned: Owns with a mortgage or loan	115
Owned: Owns outright	17
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	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 8WL have 2 people in household (41), and 4 people in household (36).

2 people in household	41
4 people in household	36
3 people in household	28
1 person in household	22
5 people in household	9
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0