Housing Market Analysis for BANKS LANE, NG34 9QY

Are you looking to understand NG34 9QY 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 9QY area, explore the NG34 9QY Area information page.
For comprehensive crime statistics in the NG34 9QY area, explore the NG34 9QY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG34 9QY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £99,160 median price is £99,160 Standard Deviation is £58,840 with Total Sold: 2
    • The Last 5 Year average price is £158,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 BANKS LANE: £158,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is 12 BANKS LANE: £40,320 (Sold on 23 Jun 2003)
  • Detached
    • The average price is around £159,958 median price is £132,000 Standard Deviation is £101,703 with Total Sold: 13
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 BANKS LANE: £225,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 6 BANKS LANE: £30,000 (Sold on 01 Jun 1998)
  • Terraced
    • The average price is around £104,744 median price is £111,750 Standard Deviation is £27,347 with Total Sold: 8
    • The Last 5 Year average price is £129,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 BANKS LANE: £129,500 (Sold on 23 Sep 2021)
    • The first recorded sale happened at this postcode is 22 BANKS LANE: £44,500 (Sold on 22 Jun 2001)
  • Other
    • The average price is around £295,000 median price is £295,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 BANKS LANE: £295,000 (Sold on 25 Mar 2021)
    • The first recorded sale happened at this postcode is 5 BANKS LANE: £295,000 (Sold on 25 Mar 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NG34 9QY 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
2024£158,0001
2003£40,320 £733 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£225,000 £3,041 1
2018£360,000 £2,353 1
2016£170,000 £2,267 1
2010£132,000 £1,760 1
2007£307,5001
2006£94,000 £1,725 1
2004£250,000 £1,634 1
2003£79,950 £1,467 1
2002£227,0001
2001£68,750 £688 2
2000£66,500 £435 1
1998£30,000 £550 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£129,500 £2,398 1
2018£128,475 £2,425 2
2012£100,500 £1,933 1
2010£108,500 £2,087 1
2007£115,000 £2,212 1
2003£83,000 £1,596 1
2001£44,500 £856 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£295,000 £1,639 1

All the Sales in the BANKS LANE, NG34 9QY

See the table below for more details on the sold house prices in the NG34 9QY, North Kesteven postcode.

AddressSold DatePrice% Change
12 BANKS LANESemi-Detached, Freehold30 Jul 2024£158,000291.87%
23 Jun 2003£40,320First Sale
3 BANKS LANEDetached, FreeholdArea: 74 Sq.mtrAge: 1950-196630 Sep 2022£225,000First Sale
20 BANKS LANETerraced, FreeholdArea: 54 Sq.mtrAge: before 190023 Sep 2021£129,5001.97%
16 Nov 2018£127,000First Sale
5 BANKS LANEOther, FreeholdArea: 180 Sq.mtrAge: 201825 Mar 2021£295,000First Sale
22 BANKS LANETerraced, FreeholdArea: 52 Sq.mtrAge: before 190016 Aug 2018£129,95029.30%
13 Feb 2012£100,500-7.37%
26 Aug 2010£108,500-5.65%
27 Jul 2007£115,00038.55%
21 Feb 2003£83,00086.52%
22 Jun 2001£44,500First Sale
32 BANKS LANEDetached, FreeholdArea: 153 Sq.mtrAge: 1976-198221 Feb 2018£360,00044.00%
08 Dec 2004£250,000275.94%
22 Feb 2000£66,500First Sale
28 BANKS LANEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196622 Apr 2016£170,00028.79%
24 Feb 2010£132,000First Sale
17 BANKS LANEDetached, Freehold21 Sep 2007£307,50035.46%
11 Mar 2002£227,000First Sale
6 BANKS LANEDetached, FreeholdArea: 54.506 Sq.mtrAge: before 190019 May 2006£94,00017.57%
28 Nov 2003£79,950113.20%
27 Jul 2001£37,50025.00%
01 Jun 1998£30,000First Sale
34 BANKS LANEDetached, Freehold11 Jun 2001£100,000First Sale

Check out the sold house prices near the NG34 9QY postcode. Properties currently for saleProperties currently for rent

BANKS LANE, NG34 9QY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG34 9QY 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 9QY postcode.

  • Detached
    • The average price is around £154,726 median price is £139,475 Standard Deviation is £90,077 with Total Sold: 1,034
    • The Last 5 Year average price is £279,111 with Total Sold: 137
    • The most recent sale happened at this postcode is , 10 CHURCHILL WAY: £220,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 COBHAM CLOSE: £38,000 (Sold on 19 Jan 1995)
  • Terraced
    • The average price is around £116,278 median price is £115,000 Standard Deviation is £57,094 with Total Sold: 159
    • The Last 5 Year average price is £157,607 with Total Sold: 48
    • The most recent sale happened at this postcode is , 5 BARNATT WAY: £157,500 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 HIGH STREET: £44,000 (Sold on 25 Jul 1995)
  • Semi-Detached
    • The average price is around £107,521 median price is £107,500 Standard Deviation is £59,423 with Total Sold: 579
    • The Last 5 Year average price is £177,925 with Total Sold: 118
    • The most recent sale happened at this postcode is , 6 NASH CLOSE: £177,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 23 POCKLINGTON WAY: £34,000 (Sold on 01 Feb 1995)
  • Other
    • The average price is around £320,750 median price is £277,500 Standard Deviation is £226,389 with Total Sold: 18
    • The Last 5 Year average price is £448,375 with Total Sold: 8
    • The most recent sale happened at this postcode is , UNITS 1 - 4 STATION ROAD: £410,000 (Sold on 10 Apr 2024)
    • The first recorded sale happened at this postcode is , THE MILL, 6 HALE ROAD: £250,000 (Sold on 04 Apr 2014)
  • Flat
    • The average price is around £104,333 median price is £89,000 Standard Deviation is £49,148 with Total Sold: 9
    • The Last 5 Year average price is £102,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 27 OSBORN WAY: £102,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is THE FLAT, 36 HIGH STREET: £45,000 (Sold on 28 Oct 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,857 £2,748 7
2023£310,172 £2,990 23
2022£307,560 £2,971 24
2021£254,576 £2,633 36
2020£247,607 £2,650 29
2019£294,025 £2,510 18
2018£249,572 £2,280 36
2017£243,170 £2,131 28
2016£214,472 £2,052 38
2015£175,529 £2,015 26
2014£175,859 £2,022 22
2013£176,047 £1,639 30
2012£180,108 £1,706 18
2011£172,522 £1,771 20
2010£165,595 £1,731 28
2009£163,318 £1,472 14
2008£185,430 £1,891 15
2007£200,301 £1,858 46
2006£193,784 £1,627 40
2005£157,297 £1,779 36
2004£166,076 £1,655 31
2003£140,058 £1,418 32
2002£121,794 £1,050 54
2001£91,878 £947 77
2000£86,658 £730 50
1999£71,898 £632 47
1998£68,367 £588 49
1997£69,214 £646 74
1996£62,763 £629 48
1995£68,113 £830 38
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,2502
2023£191,488 £2,171 4
2022£184,150 £2,805 3
2021£151,071 £2,482 19
2020£162,341 £2,337 11
2019£137,569 £1,726 9
2018£139,259 £1,991 11
2017£127,200 £1,783 5
2016£183,750 £1,855 4
2015£104,258 £1,912 6
2014£116,242 £1,680 6
2013£137,000 £1,798 2
2012£122,500 £1,685 3
2011£117,200 £1,553 5
2010£108,500 £2,087 1
2009£111,750 £1,615 2
2008£192,333 £1,459 3
2007£126,612 £1,801 4
2006£98,562 £1,542 8
2005£106,590 £1,692 5
2004£110,500 £1,575 3
2003£71,542 £1,025 7
2002£71,867 £984 12
2001£45,950 £879 4
2000£41,675 £634 4
1999£38,750 £647 5
1998£49,400 £589 5
1997£36,167 £539 3
1996£47,200 £564 2
1995£44,000 £328 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,2504
2023£188,667 £2,579 15
2022£206,813 £2,767 19
2021£168,197 £2,273 18
2020£167,157 £2,026 18
2019£168,507 £2,016 44
2018£156,265 £2,206 23
2017£151,829 £1,762 12
2016£143,644 £1,953 8
2015£135,425 £1,711 14
2014£122,871 £1,816 17
2013£121,900 £1,759 15
2012£116,251 £1,792 7
2011£132,250 £1,317 6
2010£130,083 £1,477 6
2009£118,325 £1,605 10
2008£135,718 £1,963 6
2007£130,408 £1,912 22
2006£137,592 £1,770 26
2005£122,010 £1,808 20
2004£104,172 £1,659 31
2003£86,913 £1,258 24
2002£72,275 £999 28
2001£53,022 £805 34
2000£49,328 £717 36
1999£45,384 £616 22
1998£39,516 £548 22
1997£37,278 £689 28
1996£39,525 £587 23
1995£41,466 £555 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£451,0002
2022£740,000 £2,543 1
2021£402,500 £1,696 2
2020£440,000 £1,145 2
2019£260,0001
2018£101,875 £1,039 4
2017£425,0001
2016£121,000 £1,088 2
2015£431,000 £981 2
2014£250,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£102,000 £1,545 1
2015£142,0001
2007£177,5002
2005£89,000 £1,348 1
2004£89,000 £1,348 1
2003£82,0001
1998£40,000 £530 2

House Type in NG34 9QY area

The most common house types in the NG34 9QY postcode area are Detached (85), Semi-detached (67), and Terraced (18).

Total170
Detached85
Semi-detached67
Terraced18
Flat0
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 (84), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright84
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority11
Private rented: Other private rented7
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG34 9QY have 2 people in household (73), and 1 person in household (52).

2 people in household73
1 person in household52
3 people in household20
4 people in household18
5 people in household4
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0