FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in NG2

House Prices in NG2 House Prices in NG2 (Nottingham)

The average house price in NG2 (Nottingham) is £456,900 using HM Land Registry data.

The average property price increased by £114,517 (12.95%) over the last 5 years and increased by £22,946 (2.14%) over the last 12 months.

Over the last year, there were 518 residential property sales – a decrease of 202 transactions (-39.00%) relative to the previous year. The majority of house sales (159) were in the £140,000 - £238,000 range. Then came properties in the £238,000 - £336,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,444 (-2%).

In Oct 24, there were 135 new estate agency instructions, 125 agreed home sales and 61 property price reductions.

Nearby Postcodes: DE5, DE55, DE7, DE72, DE74, DE75, DN22, LE12, LE14, LE15, LN1, LN4, LN5, LN6, NG1, NG10, NG11, NG12, NG13, NG14, NG15, NG16, NG17, NG18, NG19, NG20, NG21, NG22, NG23, NG24, NG25, NG3, NG31, NG32, NG33, NG34, NG4, NG5, NG6, NG7, NG70, NG8, NG80, NG9, NG90, PE10, PE11, PE20, PE9, S44, S45, S80

5-Year Average Property Prices in NG2 (Nottingham)

12.95%

Property prices in Nottingham increased by 12.95% 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 NG2 (Nottingham) Over the Last Year

2.14%

Property prices in Nottingham increased by 2.14% 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 NG2 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 NG2 (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 NG2 (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 NG2 (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 NG2 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG2 postcode area since 1995.

Recent Sales in NG2 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Halberton Drive, West Bridgford, Nottingham, Nottinghamshire, NG2 7GU£325,000£320,000-£5,00006 Sep 202313 Aug 2024342 Days
76 Candle Meadow, Colwick Park, Nottingham, City Of Nottingham, NG2 4DX£170,000£170,000£0013 Oct 202309 Aug 2024301 Days
Flat 13, Seymour Place, Seymour Road, West Bridgford, Nottingham, Nottinghamshire, NG2 5EG£175,000£169,000-£6,00029 Jun 202331 Jul 2024398 Days
25 Sneinton Boulevard, Nottingham, City Of Nottingham, NG2 4FD£220,000£212,500-£7,50027 Jan 202425 Jul 2024180 Days
32 Davies Road, West Bridgford, Nottingham, Nottinghamshire, NG2 5JD£725,000£725,000£0013 Sep 202322 Jul 2024313 Days
24 Patterdale Close, Gamston, Nottingham, Nottinghamshire, NG2 6PW£395,000£395,000£0023 Aug 202319 Jul 2024331 Days
8 Whickham Court, Nottingham, City Of Nottingham, NG2 2JW£215,000£210,000-£5,00029 Mar 202419 Jul 2024112 Days
41 Cranberry Close, West Bridgford, Nottingham, Nottinghamshire, NG2 7TQ£635,000£635,000£0019 Mar 202419 Jul 2024122 Days
21 George Road, West Bridgford, Nottingham, Nottinghamshire, NG2 7PT£495,000£445,000-£50,00001 Mar 202419 Jul 2024140 Days
19 Rossett Close, Gamston, Nottingham, Nottinghamshire, NG2 6QJ£240,000£240,000£0011 Apr 202418 Jul 202498 Days
8 Belvoir Road, West Bridgford, Nottingham, Nottinghamshire, NG2 5DL£450,000£450,000£0027 Feb 202411 Jul 2024135 Days
103 Musters Road, West Bridgford, Nottingham, Nottinghamshire, NG2 7PX£800,000£800,000£0024 Nov 202308 Jul 2024227 Days
16 Portland Road, West Bridgford, Nottingham, Nottinghamshire, NG2 6DL£415,000£415,000£0005 Apr 202405 Jul 202491 Days
2 Wasdale Close, West Bridgford, Nottingham, Nottinghamshire, NG2 6RG£595,000£575,000-£20,00016 Nov 202302 Jul 2024229 Days
Flat 8, Seymour Place, Seymour Road, West Bridgford, Nottingham, Nottinghamshire, NG2 5EG£140,000£140,000£0003 Apr 202402 Jul 202490 Days
177a, Melton Road, West Bridgford, Nottingham, Nottinghamshire, NG2 6JL£1,400,000£1,320,000-£80,00018 Mar 202401 Jul 2024105 Days
23 Syon Park Close, West Bridgford, Nottingham, Nottinghamshire, NG2 7ER£290,000£290,000£0008 Feb 202428 Jun 2024141 Days
28 Dorset Gardens, West Bridgford, Nottingham, Nottinghamshire, NG2 7UH£335,000£333,000-£2,00020 Oct 202328 Jun 2024252 Days
14 Mowbray Gardens, West Bridgford, Nottingham, Nottinghamshire, NG2 6JN£550,000£550,000£0014 Mar 202426 Jun 2024104 Days
270 Bathley Street, Nottingham, City Of Nottingham, NG2 2FU£250,000£230,000-£20,00015 Jan 202419 Jun 2024156 Days

Most Expensive Streets in NG2 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG2 6HGValley Road, West BridgfordNottingham£1,595,8333
NG2 6JADovedale Road, West BridgfordNottingham£1,423,0005
NG2 6JLMelton Road, West BridgfordNottingham£1,171,6663
NG2 7BZBoundary Road, West BridgfordNottingham£993,1004
NG2 6FTTrevor Road, West BridgfordNottingham£958,2004
NG2 5HWPriory Road, West BridgfordNottingham£923,3333
NG2 7BASelby Road, West BridgfordNottingham£828,3333
NG2 5HUPriory Road, West BridgfordNottingham£777,2374
NG2 7STHeathervale, West BridgfordNottingham£742,1663
NG2 6FRVilliers Road, West BridgfordNottingham£736,6663

Least Expensive Streets in NG2 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG2 4AECastle StreetNottingham£97,3333
NG2 4NPSugarcane Court, Millers GreenNottingham£97,5003
NG2 7RHYale House, RivermeadNottingham£98,0005
NG2 4DYCrabtree Field, Colwick ParkNottingham£101,6254
NG2 3ANBlock 2 The Hicking Building, Queens RoadNottingham£101,9005
NG2 1PFColliery CloseNottingham£107,6663
NG2 4FHTrent RoadNottingham£108,0004
NG2 2NPSandays CloseNottingham£109,0004
NG2 4AWMafeking StreetNottingham£111,5003
NG2 7JLSpringfields, West BridgfordNottingham£112,4196

Explore NG2 (Nottingham) using map

Sell Your
House Fast
Property Auctions Nottingham
Property Auctions Nottingham
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark