Housing Market Analysis for MALVERN CLOSE, NG34 7RA

Are you looking to understand NG34 7RA 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 North Kesteven postcode.

For the location information and nearby amenities in the NG34 7RA area, explore the NG34 7RA Area information page.
For comprehensive crime statistics in the NG34 7RA area, explore the NG34 7RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG34 7RA postcode area, The average prices are as follows,

Detached
- The average price is around £149,362 median price is £149,500 Standard Deviation is £77,268 with Total Sold: 34
- The Last 5 Year average price is £266,833 with Total Sold: 6
- The most recent sale happened at this postcode is 24 MALVERN CLOSE: £303,500 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 16 MALVERN CLOSE: £290,000 (Sold on 08 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NG34 7RA 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	£303,500	£2,467	1
2022	£295,000	£2,379	1
2020	£260,000	£2,063	1
2019	£226,250	£1,926	2
2016	£207,975	£1,685	2
2015	£200,000	£1,587	1
2014	£213,000	£1,732	1
2013	£170,000	£1,680	3
2009	£150,000	£1,327	1
2007	£196,500	£1,804	2
2004	£130,400	£1,385	5
2002	£128,500		1
2001	£79,475		2
2000	£80,475	£736	2
1999	£64,500		2
1998	£59,475	£505	2
1997	£60,667		3
1996	£65,000	£575	1
2024	£290,000		1

All the Sales in the MALVERN CLOSE, NG34 7RA

See the table below for more details on the sold house prices in the NG34 7RA, North Kesteven postcode.

Address	Sold Date	Price	% Change
24 MALVERN CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1983-1990	26 May 2023	£303,500	36.13%
	18 Mar 2016	£222,950	4.67%
	05 Nov 2014	£213,000	First Sale
25 MALVERN CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1991-1995	28 Jan 2022	£295,000	52.85%
	08 Feb 2016	£193,000	257.41%
	30 Apr 1998	£54,000	First Sale
22 MALVERN CLOSEDetached, FreeholdArea: 126 Sq.mtrAge: 1983-1990	14 Aug 2020	£260,000	30.00%
	17 Dec 2015	£200,000	153.16%
	01 Sep 2000	£79,000	First Sale
3 MALVERN CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1983-1990	31 May 2019	£202,500	35.00%
	02 Feb 2009	£150,000	7.53%
	02 Jun 2004	£139,500	114.78%
	03 Jun 1998	£64,950	-0.08%
	20 Sep 1996	£65,000	First Sale
12 MALVERN CLOSEDetached, FreeholdArea: 121.4 Sq.mtrAge: 1983-1990	07 May 2019	£250,000	First Sale
4 MALVERN CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	06 Dec 2013	£160,000	-8.57%
	18 Oct 2007	£175,000	17.45%
	12 Oct 2004	£149,000	81.82%
	15 May 2000	£81,950	First Sale
32 MALVERN CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	09 Oct 2013	£195,000	First Sale
8 MALVERN CLOSEDetached, Freehold	19 Jun 2013	£155,000	First Sale
34 MALVERN CLOSEDetached, Freehold	04 Jul 2007	£218,000	First Sale
27 MALVERN CLOSEDetached, Freehold	15 Oct 2004	£50,000	First Sale
18 MALVERN CLOSEDetached, Freehold	10 Aug 2004	£168,500	First Sale
13 MALVERN CLOSEDetached, Freehold	16 Jun 2004	£145,000	141.67%
13 MALVERN CLOSEDetached, Freehold	26 Apr 1999	£60,000	First Sale
9 MALVERN CLOSEDetached, Freehold	21 Oct 2002	£128,500	First Sale
6 MALVERN CLOSEDetached, Freehold	29 Jun 2001	£79,000	14.49%
6 MALVERN CLOSEDetached, Freehold	30 Jul 1999	£69,000	First Sale
23 MALVERN CLOSEDetached, Freehold	26 Jan 2001	£79,950	18.44%
	07 Nov 1997	£67,500	12.50%
	03 Oct 1997	£60,000	First Sale
7 MALVERN CLOSEDetached, Freehold	14 Jul 1997	£54,500	First Sale
16 MALVERN CLOSEDetached, Freehold	08 Jul 2024	£290,000	First Sale

Check out the sold house prices near the NG34 7RA postcode. Properties currently for saleProperties currently for rent

MALVERN CLOSE, NG34 7RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG34 7RA 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 NG34 7RA postcode.

Semi-Detached
- The average price is around £103,766 median price is £105,250 Standard Deviation is £57,329 with Total Sold: 806
- The Last 5 Year average price is £184,623 with Total Sold: 124
- The most recent sale happened at this postcode is , 26 SANDHURST CRESCENT: £190,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 49 SANDHURST CRESCENT: £38,000 (Sold on 05 Jan 1995)
Detached
- The average price is around £168,600 median price is £157,000 Standard Deviation is £90,873 with Total Sold: 2,049
- The Last 5 Year average price is £300,104 with Total Sold: 267
- The most recent sale happened at this postcode is , 11 MERCIA CLOSE: £315,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 10 CLAY HILL ROAD: £92,450 (Sold on 20 Jan 1995)
Terraced
- The average price is around £99,726 median price is £102,000 Standard Deviation is £42,703 with Total Sold: 207
- The Last 5 Year average price is £157,243 with Total Sold: 29
- The most recent sale happened at this postcode is , 46 LINNET WAY: £127,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 1 COPELAND COURT: £42,000 (Sold on 24 Mar 1995)
Other
- The average price is around £367,500 median price is £367,500 Standard Deviation is £67,500 with Total Sold: 2
- The Last 5 Year average price is £367,500 with Total Sold: 2
- The most recent sale happened at this postcode is , ORCHARD HOUSE NORTHFIELD ROAD: £435,000 (Sold on 17 Jun 2021)
- The first recorded sale happened at this postcode is , 190 GRANTHAM ROAD: £300,000 (Sold on 06 Jan 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,890		5
2023	£179,056	£2,763	17
2022	£184,839	£2,798	19
2021	£192,704	£2,582	42
2020	£172,930	£2,296	22
2019	£175,261	£2,094	19
2018	£158,935	£2,017	17
2017	£136,944	£1,912	18
2016	£166,509	£1,930	16
2015	£132,095	£1,931	27
2014	£125,710	£1,826	21
2013	£116,397	£1,718	15
2012	£113,336	£1,708	14
2011	£110,278	£1,743	9
2010	£110,200	£1,690	16
2009	£129,550	£1,906	9
2008	£126,858	£1,750	20
2007	£130,572	£1,939	34
2006	£121,057	£1,694	36
2005	£119,903	£1,668	38
2004	£107,815	£1,552	43
2003	£92,579	£1,351	54
2002	£74,874	£897	27
2001	£52,790	£840	35
2000	£45,776	£745	58
1999	£44,875	£645	40
1998	£43,562	£652	51
1997	£42,414	£607	42
1996	£37,806	£624	19
1995	£38,408	£633	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,889	£2,549	18
2023	£321,203	£2,843	36
2022	£320,663	£2,795	51
2021	£294,736	£2,473	74
2020	£295,559	£2,180	50
2019	£264,326	£2,205	38
2018	£255,665	£2,183	36
2017	£243,742	£1,989	65
2016	£240,384	£1,880	56
2015	£202,350	£1,834	56
2014	£207,942	£1,836	62
2013	£198,670	£1,566	45
2012	£193,514	£1,686	49
2011	£183,913	£1,502	31
2010	£214,036	£1,569	39
2009	£189,592	£1,579	32
2008	£192,986	£1,605	45
2007	£205,286	£1,689	76
2006	£188,925	£1,632	80
2005	£171,385	£1,606	62
2004	£174,665	£1,517	100
2003	£157,867	£1,427	108
2002	£126,540	£1,055	133
2001	£109,905	£874	158
2000	£90,997	£777	134
1999	£82,930	£710	143
1998	£83,617	£680	110
1997	£76,770	£681	60
1996	£77,354	£656	54
1995	£68,592	£607	48

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,750	£3,261	4
2023	£160,908	£2,910	6
2022	£168,333	£2,925	6
2021	£152,167	£2,299	6
2019	£149,229	£2,226	7
2018	£134,400	£2,246	10
2017	£136,244	£2,162	9
2016	£135,500	£2,033	7
2015	£127,875	£1,820	4
2014	£114,100	£1,921	5
2013	£103,125	£1,743	4
2012	£111,375	£1,731	4
2011	£115,167	£1,756	6
2010	£108,000	£1,849	4
2009	£103,000	£1,707	3
2008	£111,200	£1,915	5
2007	£136,493	£1,833	7
2006	£117,679	£1,835	7
2005	£103,700	£1,568	5
2004	£94,785	£1,571	10
2003	£92,415	£1,416	23
2002	£61,098	£1,020	14
2001	£63,985	£838	10
2000	£52,564	£732	7
1999	£42,450	£666	7
1998	£44,693	£762	7
1997	£40,850	£646	5
1996	£31,286	£551	7
1995	£46,117	£761	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£367,500	£2,275	2

House Type in NG34 7RA area

The most common house types in the NG34 7RA postcode area are Detached (181), Terraced (17), and Semi-detached (12).

Total	210
Detached	181
Terraced	17
Semi-detached	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 outright (104), and Owned: Owns with a mortgage or loan (91).

Owned: Owns outright	104
Owned: Owns with a mortgage or loan	91
Private rented: Private landlord or letting agency	13
Private rented: Other private rented	3
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 NG34 7RA have 2 people in household (80), and 4 people in household (44).

2 people in household	80
4 people in household	44
1 person in household	39
3 people in household	37
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0