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House Prices in NG16 House Prices in NG16 (Nottingham)

The average house price in NG16 (Nottingham) is £211,210 using HM Land Registry data.

The average property price increased by £60,149 (36.2%) over the last 5 years and increased by £12,052 (5.11%) over the last 12 months.

Over the last year, there were 627 residential property sales – a decrease of 236 transactions (-37.64%) relative to the previous year. The majority of house sales (149) were in the £166,000 - £212,000 range. Then came properties in the £212,000 - £258,000 range, where 129 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,366 (-2%).

In Oct 24, there were 123 new estate agency instructions, 114 agreed home sales and 98 property price reductions.

Nearby Postcodes: DE11, DE15, DE21, DE22, DE23, DE24, DE4, DE5, DE55, DE56, DE6, DE65, DE7, DE72, DE73, DE74, DE75, LE12, LE65, NG1, NG10, NG11, NG15, NG17, NG18, NG19, NG2, NG21, NG5, NG6, NG7, NG8, NG80, NG9, NG90, S44, S45

5-Year Average Property Prices in NG16 (Nottingham)

36.2%

Property prices in Nottingham increased by 36.2% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG16 (Nottingham) Over the Last Year

5.11%

Property prices in Nottingham increased by 5.11% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NG16 (Nottingham) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG16 (Nottingham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG16 (Nottingham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG16 (Nottingham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG16 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG16 postcode area since 1995.

Recent Sales in NG16 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
97 Walker Street, Eastwood, Nottingham, Nottinghamshire, NG16 3FP£190,000£190,000£0018 Apr 202420 Aug 2024124 Days
71 Plumptre Way, Eastwood, Nottingham, Nottinghamshire, NG16 3LQ£325,000£325,000£0023 Oct 202315 Aug 2024297 Days
37 Oak Drive, Eastwood, Nottingham, Nottinghamshire, NG16 3BW£180,000£170,000-£10,00015 Nov 202313 Aug 2024272 Days
1 Manor Road, Eastwood, Nottingham, Nottinghamshire, NG16 3LX£180,000£180,000£0015 Dec 202312 Aug 2024241 Days
55 Nottingham Road, Selston, Nottingham, Nottinghamshire, NG16 6DH£160,000£158,000-£2,00023 Feb 202409 Aug 2024168 Days
14 Swindon Close, Giltbrook, Nottingham, Nottinghamshire, NG16 2WD£250,000£250,000£0025 Mar 202408 Aug 2024136 Days
25 Newdigate Street, Kimberley, Nottingham, Nottinghamshire, NG16 2NJ£325,000£305,000-£20,00010 Mar 202402 Aug 2024145 Days
56 Newtons Lane, Cossall, Nottingham, Nottinghamshire, NG16 2SJ£190,000£190,000£0001 Feb 202431 Jul 2024181 Days
35 Manitoba Way, Selston, Nottingham, Nottinghamshire, NG16 6FP£175,000£165,000-£10,00006 Feb 202426 Jul 2024171 Days
40 Drummond Drive, Nuthall, Nottingham, Nottinghamshire, NG16 1BL£300,000£250,000-£50,00008 Nov 202326 Jul 2024261 Days
22 Queen Street, Langley Mill, Nottingham, Derbyshire, NG16 4EJ£140,000£140,000£0017 May 202426 Jul 202470 Days
153 Newthorpe Common, Newthorpe, Nottingham, Nottinghamshire, NG16 2AW£220,000£218,000-£2,00015 Dec 202322 Jul 2024220 Days
12 Princes Street, Eastwood, Nottingham, Nottinghamshire, NG16 3AS£110,000£107,500-£2,50018 Oct 202319 Jul 2024275 Days
48 Victoria Road, Pinxton, Nottingham, Derbyshire, NG16 6NE£210,000£205,000-£5,00002 May 202415 Jul 202474 Days
101 Smeath Road, Underwood, Nottingham, Nottinghamshire, NG16 5GU£162,000£160,000-£2,00002 May 202412 Jul 202471 Days
69 Church Lane, Cossall, Nottingham, Nottinghamshire, NG16 2RW£340,000£305,000-£35,00012 Jan 202412 Jul 2024182 Days
36 Sedgwick Street, Jacksdale, Nottingham, Nottinghamshire, NG16 5JY£170,000£170,000£0026 Jan 202412 Jul 2024168 Days
27 Westland Drive, Pinxton, Nottingham, Derbyshire, NG16 6RD£199,950£199,950£0008 Feb 202410 Jul 2024153 Days
133 Queens Road South, Eastwood, Nottingham, Nottinghamshire, NG16 3NG£195,000£190,000-£5,00029 Jan 202405 Jul 2024158 Days
47 Dixie Street, Jacksdale, Nottingham, Nottinghamshire, NG16 5JZ£250,000£245,000-£5,00026 Dec 202305 Jul 2024192 Days

Most Expensive Streets in NG16 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG16 1DTWatnall Road, NuthallNottingham£493,3333
NG16 6DRCrescent Road, SelstonNottingham£485,0004
NG16 5AGHall Lane, BrinsleyNottingham£474,3754
NG16 2FDMoorgreen, NewthorpeNottingham£474,1666
NG16 5HEChurch Lane, UnderwoodNottingham£453,0005
NG16 2FFMoorgreen, NewthorpeNottingham£439,5004
NG16 1DAKimberley Road, NuthallNottingham£439,1666
NG16 1QEMornington Crescent, NuthallNottingham£424,1663
NG16 2RZAwsworth Lane, CossallNottingham£415,4583
NG16 5FALarch Close, UnderwoodNottingham£413,3333

Least Expensive Streets in NG16 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG16 6RXPinxton Court, Wharf RoadNottingham£78,7504
NG16 5NJMarket Street, IronvilleNottingham£78,9005
NG16 6FGVictoria Terrace, SelstonNottingham£83,3333
NG16 5NHMarket Place, IronvilleNottingham£85,2504
NG16 4EEBridge Street, Langley MillNottingham£86,7504
NG16 6LLPool Close, PinxtonNottingham£90,1427
NG16 5NEButterley Court, Old Stone BridgeNottingham£93,6666
NG16 5NNCasson Street, IronvilleNottingham£95,1254
NG16 4FFOrmonde Street, Langley MillNottingham£95,14711
NG16 6PDTalbot Street, PinxtonNottingham£96,03514

Explore NG16 (Nottingham) using map

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