Housing Market Analysis for FORMBY CLOSE, NG31 9PD

Are you looking to understand NG31 9PD 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 9PD area, explore the NG31 9PD Area information page.
For comprehensive crime statistics in the NG31 9PD area, explore the NG31 9PD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG31 9PD postcode area, The average prices are as follows,

  • Detached
    • The average price is around £157,450 median price is £181,250 Standard Deviation is £51,502 with Total Sold: 10
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 FORMBY CLOSE: £205,000 (Sold on 19 Nov 2020)
    • The first recorded sale happened at this postcode is 5 FORMBY CLOSE: £79,500 (Sold on 27 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 9PD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£205,000 £3,015 1
2014£208,000 £1,618 2
2011£202,000 £1,679 1
2006£195,500 £1,504 1
2002£167,0001
2001£109,7502
1999£90,0001
1996£79,500 £657 1

All the Sales in the FORMBY CLOSE, NG31 9PD

See the table below for more details on the sold house prices in the NG31 9PD, South Kesteven postcode.

AddressSold DatePrice% Change
2 FORMBY CLOSEDetached, FreeholdArea: 68 Sq.mtrAge: 1983-199019 Nov 2020£205,000First Sale
4 FORMBY CLOSEDetached, FreeholdArea: 127 Sq.mtrAge: 1983-199030 Sep 2014£200,000First Sale
8 FORMBY CLOSEDetached, FreeholdArea: 130 Sq.mtrAge: 1983-199010 Jan 2014£216,00010.49%
22 Sep 2006£195,500First Sale
7 FORMBY CLOSEDetached, FreeholdArea: 120.294 Sq.mtrAge: 1983-199008 Feb 2011£202,000First Sale
12 FORMBY CLOSEDetached, Freehold15 Jul 2002£167,00036.33%
05 Mar 2001£122,50036.11%
27 May 1999£90,000First Sale
1 FORMBY CLOSEDetached, Freehold12 Nov 2001£97,000First Sale
5 FORMBY CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1991-199527 Mar 1996£79,500First Sale

Check out the sold house prices near the NG31 9PD postcode. Properties currently for saleProperties currently for rent

FORMBY CLOSE, NG31 9PD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 9PD 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 9PD postcode.

  • Detached
    • The average price is around £168,162 median price is £144,975 Standard Deviation is £107,161 with Total Sold: 678
    • The Last 5 Year average price is £322,690 with Total Sold: 88
    • The most recent sale happened at this postcode is , OLD READING ROOM LOW ROAD: £420,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 GLENEAGLES: £89,950 (Sold on 16 Jan 1995)
  • Semi-Detached
    • The average price is around £107,600 median price is £110,000 Standard Deviation is £52,533 with Total Sold: 766
    • The Last 5 Year average price is £180,694 with Total Sold: 102
    • The most recent sale happened at this postcode is , 8 SEACROFT CLOSE: £215,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 ASH GROVE: £39,000 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £96,605 median price is £105,500 Standard Deviation is £51,683 with Total Sold: 92
    • The Last 5 Year average price is £161,563 with Total Sold: 15
    • The most recent sale happened at this postcode is , 62 WENTWORTH DRIVE: £148,000 (Sold on 12 Feb 2024)
    • The first recorded sale happened at this postcode is , 20 CORNWALL CLOSE: £33,500 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £375,000 median price is £370,000 Standard Deviation is £184,662 with Total Sold: 6
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 MELBOURNE ROAD: £120,000 (Sold on 05 Jul 2019)
    • The first recorded sale happened at this postcode is , 3 WATERSIDE DRIVE: £325,000 (Sold on 19 Apr 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£294,000 £2,857 8
2023£423,421 £3,052 19
2022£313,361 £2,992 18
2021£292,278 £2,726 20
2020£307,292 £2,438 16
2019£228,143 £2,343 7
2018£221,358 £2,188 18
2017£280,184 £2,073 19
2016£250,023 £2,116 17
2015£222,525 £2,009 18
2014£192,560 £1,832 26
2013£166,085 £1,723 22
2012£193,750 £1,630 11
2011£166,663 £1,630 15
2010£182,495 £1,670 12
2009£182,438 £1,732 13
2008£174,571 £1,436 7
2007£179,506 £1,930 24
2006£176,943 £1,721 27
2005£163,766 £1,744 31
2004£168,398 £1,665 26
2003£135,451 £1,546 40
2002£121,085 £1,203 57
2001£104,699 £1,005 40
2000£97,707 £894 37
1999£81,262 £799 32
1998£85,376 £858 21
1997£82,956 £747 40
1996£73,798 £722 23
1995£64,700 £674 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,4752
2023£219,188 £2,475 16
2022£202,638 £2,510 27
2021£171,551 £2,224 29
2020£147,012 £1,923 8
2019£145,325 £1,924 20
2018£158,700 £2,000 27
2017£147,097 £1,881 29
2016£141,093 £1,868 29
2015£132,734 £1,605 28
2014£121,524 £1,483 21
2013£108,295 £1,455 22
2012£121,583 £1,460 12
2011£101,389 £1,281 16
2010£132,094 £1,510 16
2009£102,699 £1,443 18
2008£116,885 £1,496 13
2007£133,561 £1,849 40
2006£131,607 £1,764 34
2005£117,379 £1,616 26
2004£99,426 £1,346 29
2003£94,647 £1,263 53
2002£76,709 £1,091 42
2001£60,333 £790 45
2000£50,055 £704 32
1999£49,059 £673 37
1998£44,095 £581 29
1997£45,882 £536 21
1996£38,577 £512 19
1995£39,893 £564 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£148,0001
2023£150,000 £2,632 1
2022£159,833 £2,520 3
2021£186,000 £2,207 6
2020£147,950 £2,596 1
2019£127,333 £2,023 3
2018£146,071 £1,910 7
2016£117,050 £1,751 5
2015£115,800 £1,749 5
2014£98,812 £1,299 4
2013£90,500 £1,645 1
2012£115,000 £865 1
2011£99,500 £1,713 2
2010£108,000 £1,368 1
2008£119,250 £1,990 2
2007£113,417 £1,989 3
2006£112,125 £1,570 4
2005£97,667 £1,692 3
2004£124,008 £1,898 3
2003£72,250 £930 4
2002£60,315 £1,049 3
2001£48,250 £731 6
2000£40,375 £744 4
1999£47,492 £712 6
1998£47,833 £437 3
1997£28,862 £417 4
1996£36,033 £630 3
1995£34,817 £501 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£120,000 £1,348 1
2018£415,000 £2,748 1
2017£463,333 £1,987 3
2016£325,000 £959 1

House Type in NG31 9PD area

The most common house types in the NG31 9PD postcode area are Detached (118), Semi-detached (21), and Flat (1).

Total140
Detached118
Semi-detached21
Flat1
Terraced0
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 outright (77), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright77
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency10
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG31 9PD have 2 people in household (63), and 1 person in household (30).

2 people in household63
1 person in household30
3 people in household22
4 people in household18
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0