Housing Market Analysis for BANKS DROVE, PE11 3BJ

Are you looking to understand PE11 3BJ 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 Holland postcode.

For the location information and nearby amenities in the PE11 3BJ area, explore the PE11 3BJ Area information page.
For comprehensive crime statistics in the PE11 3BJ area, explore the PE11 3BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE11 3BJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £98,973 median price is £115,000 Standard Deviation is £44,267 with Total Sold: 19
    • The most recent sale happened at this postcode is 1 BANKS DROVE: £157,000 (Sold on 26 Jul 2017)
    • The first recorded sale happened at this postcode is 1 BANKS DROVE: £20,000 (Sold on 29 Aug 1996)
  • Detached
    • The average price is around £237,375 median price is £80,500 Standard Deviation is £281,622 with Total Sold: 4
    • The most recent sale happened at this postcode is CORNER FARM BANKS DROVE: £725,000 (Sold on 27 May 2014)
    • The first recorded sale happened at this postcode is CORNER FARM BANKS DROVE: £83,000 (Sold on 27 Jun 1997)
  • Terraced
    • The average price is around £76,550 median price is £76,550 Standard Deviation is £46,450 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 BANKS DROVE: £123,000 (Sold on 15 Mar 2013)
    • The first recorded sale happened at this postcode is 6 BANKS DROVE: £30,101 (Sold on 06 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average PE11 3BJ 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
2017£143,500 £1,798 2
2016£153,000 £1,628 1
2013£117,500 £1,584 1
2012£118,667 £1,528 3
2011£99,000 £1,117 2
2010£125,000 £1,265 1
2007£152,995 £1,548 1
2004£121,000 £1,534 2
2000£47,833 £589 3
1999£58,000 £604 1
1997£27,500 £267 1
1996£20,000 £263 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£725,000 £2,474 1
1998£70,7502
1997£83,000 £283 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£123,000 £1,244 1
1998£30,101 £320 1

All the Sales in the BANKS DROVE, PE11 3BJ

See the table below for more details on the sold house prices in the PE11 3BJ, South Holland postcode.

AddressSold DatePrice% Change
1 BANKS DROVESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194926 Jul 2017£157,00048.11%
29 Jun 2012£106,000-7.83%
10 Sep 2004£115,000111.01%
16 Aug 2000£54,500172.50%
29 Aug 1996£20,000First Sale
7 BANKS DROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-194903 Mar 2017£130,000First Sale
6 BANKS DROVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-194905 Aug 2016£153,000408.29%
06 Jun 1998£30,101First Sale
CORNER FARM BANKS DROVEDetached, FreeholdArea: 293 Sq.mtrAge: before 190027 May 2014£725,000773.49%
27 Jun 1997£83,000First Sale
2 BANKS DROVESemi-Detached, FreeholdArea: 74.17 Sq.mtrAge: 1930-194921 Nov 2013£117,50011.90%
01 Mar 2012£105,00053.28%
08 Jul 2011£68,50055.68%
09 Mar 2000£44,000First Sale
8 BANKS DROVETerraced, FreeholdArea: 98.84 Sq.mtrAge: 1930-194915 Mar 2013£123,000-5.02%
17 Aug 2011£129,5003.60%
18 Feb 2010£125,000-18.30%
28 Sep 2007£152,995239.99%
19 May 2000£45,000First Sale
4 BANKS DROVESemi-Detached, FreeholdArea: 81.69 Sq.mtrAge: 1930-194917 Apr 2012£145,00014.17%
19 May 2004£127,000First Sale
3 BANKS DROVESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-194919 Nov 1999£58,000First Sale
BRIDGE HOUSE JORDANS CRADGE BANK ROADDetached, Freehold11 Dec 1998£78,00022.83%
09 Jan 1998£63,500First Sale
5 BANKS DROVESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-194929 Aug 1997£27,500First Sale

Check out the sold house prices near the PE11 3BJ postcode. Properties currently for saleProperties currently for rent

BANKS DROVE, PE11 3BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE11 3BJ 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 PE11 3BJ postcode.

  • Semi-Detached
    • The average price is around £102,282 median price is £115,000 Standard Deviation is £50,719 with Total Sold: 23
    • The most recent sale happened at this postcode is , 1 BANKS DROVE: £157,000 (Sold on 26 Jul 2017)
    • The first recorded sale happened at this postcode is 4, WILLOWTREE FARM COTTAGES MAIN ROAD: £45,000 (Sold on 10 Apr 1995)
  • Detached
    • The average price is around £200,899 median price is £78,000 Standard Deviation is £262,241 with Total Sold: 5
    • The most recent sale happened at this postcode is , CORNER FARM BANKS DROVE: £725,000 (Sold on 27 May 2014)
    • The first recorded sale happened at this postcode is , TOLL BAR HOUSE MAIN ROAD: £54,995 (Sold on 01 Nov 1996)
  • Terraced
    • The average price is around £76,550 median price is £76,550 Standard Deviation is £46,450 with Total Sold: 2
    • The most recent sale happened at this postcode is , 8 BANKS DROVE: £123,000 (Sold on 15 Mar 2013)
    • The first recorded sale happened at this postcode is , 6 BANKS DROVE: £30,101 (Sold on 06 Jun 1998)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£143,500 £1,798 2
2016£153,000 £1,628 1
2013£153,750 £1,425 2
2012£118,667 £1,528 3
2011£99,000 £1,117 2
2010£125,000 £1,265 1
2007£152,995 £1,548 1
2005£190,000 £1,267 1
2004£121,000 £1,534 2
2000£47,833 £589 3
1999£58,000 £604 1
1997£27,500 £267 1
1996£33,500 £207 2
1995£45,000 £300 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£725,000 £2,474 1
1998£70,7502
1997£83,000 £283 1
1996£54,995 £164 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£123,000 £1,244 1
1998£30,101 £320 1

House Type in PE11 3BJ area

The most common house types in the PE11 3BJ postcode area are Semi-detached (94), Detached (27), and Terraced (1).

Total122
Semi-detached94
Detached27
Terraced1
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 with a mortgage or loan (39), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan39
Owned: Owns outright31
Private rented: Private landlord or letting agency25
Social rented: Rents from council or Local Authority22
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PE11 3BJ have 2 people in household (46), and 1 person in household (24).

2 people in household46
1 person in household24
3 people in household24
4 people in household17
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0