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 NG3

House Prices in NG3 House Prices in NG3 (Nottingham)

The average house price in NG3 (Nottingham) is £243,206 using HM Land Registry data.

The average property price increased by £61,927 (34.64%) over the last 5 years and increased by £12,408 (4.94%) over the last 12 months.

Over the last year, there were 473 residential property sales – a decrease of 75 transactions (-15.86%) relative to the previous year. The majority of house sales (143) were in the £120,000 - £176,000 range. Then came properties in the £176,000 - £232,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,985 (-2%).

In Dec 24, there were 45 new estate agency instructions, 44 agreed home sales and 18 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, NG2, NG20, NG21, NG22, NG23, NG24, NG25, 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 NG3 (Nottingham)

34.64%

Property prices in Nottingham increased by 34.64% 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 NG3 (Nottingham) Over the Last Year

4.94%

Property prices in Nottingham increased by 4.94% 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 NG3 (Nottingham) - Dec 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 NG3 (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 NG3 (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 NG3 (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 NG3 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG3 postcode area since 1995.

Recent Sales in NG3 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Kirk Road, Nottingham, Nottinghamshire, NG3 6GX£400,000£395,000-£5,00006 Feb 202425 Nov 2024293 Days
14 Chertsey Close, Nottingham, City Of Nottingham, NG3 3EX£190,000£190,000£0015 Mar 202408 Nov 2024238 Days
6 Copplestone Drive, Nottingham, Nottinghamshire, NG3 5SH£330,000£318,000-£12,00007 Jun 202407 Nov 2024153 Days
312 The Wells Road, Nottingham, City Of Nottingham, NG3 3AA£220,000£207,000-£13,00010 Jul 202405 Nov 2024118 Days
56 Whittingham Road, Nottingham, Nottinghamshire, NG3 6BJ£275,000£269,000-£6,00021 Mar 202405 Nov 2024229 Days
76 Hallam Road, Nottingham, Nottinghamshire, NG3 6HR£360,000£350,000-£10,00005 Feb 202404 Nov 2024273 Days
13 Eastham Close, Nottingham, City Of Nottingham, NG3 2GJ£200,000£175,000-£25,00020 Apr 202301 Nov 2024561 Days
Flat 16, Fleming House, Ockbrook Drive, Mapperley, Nottingham, City Of Nottingham, NG3 6AS£150,000£148,000-£2,00001 Aug 202301 Nov 2024458 Days
65b, Beech Avenue, Mapperley, Nottingham, Nottinghamshire, NG3 5JW£280,000£280,000£0016 Aug 202425 Oct 202470 Days
49 Hereford Road, Bakersfield, Nottingham, City Of Nottingham, NG3 7FL£200,000£197,500-£2,50018 Jun 202425 Oct 2024129 Days
51 Pendle Crescent, Nottingham, City Of Nottingham, NG3 3DU£220,000£205,000-£15,00009 Aug 202425 Oct 202477 Days
16 Plains Farm Close, Nottingham, Nottinghamshire, NG3 5RE£430,000£425,000-£5,00023 Sep 202206 Aug 2024683 Days
6 Park View, Nottingham, City Of Nottingham, NG3 5FD£200,000£200,000£0015 Jan 202405 Aug 2024203 Days
135 Thorneywood Rise, Nottingham, City Of Nottingham, NG3 2PE£160,000£147,500-£12,50019 Mar 202402 Aug 2024136 Days
51 Sunnydale Road, Bakersfield, Nottingham, City Of Nottingham, NG3 7GG£290,000£275,000-£15,00022 Feb 202402 Aug 2024162 Days
17 Ashworth Close, Nottingham, City Of Nottingham, NG3 7FR£210,000£200,000-£10,00016 Jan 202429 Jul 2024195 Days
48 Cherrywood Gardens, Nottingham, Nottinghamshire, NG3 6LQ£245,000£234,000-£11,00010 Jan 202426 Jul 2024198 Days
255 Woodborough Road, Nottingham, City Of Nottingham, NG3 4JZ£190,000£190,000£0014 Mar 202425 Jul 2024133 Days
Aberdeen, Dean Avenue, Nottingham, Nottinghamshire, NG3 6EP£300,000£300,000£0023 Jan 202419 Jul 2024178 Days
58 Clumber Avenue, Mapperley, Nottingham, Nottinghamshire, NG3 5JY£250,000£250,000£0006 Nov 202316 Jul 2024253 Days

Most Expensive Streets in NG3 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG3 5RFPlains RoadNottingham£1,125,0003
NG3 5ENArlington DriveNottingham£953,3336
NG3 5RGMapperley Plains, MapperleyNottingham£826,5004
NG3 5ESWarwick RoadNottingham£761,6663
NG3 4JUSpringfield PasturesNottingham£748,5717
NG3 5ELRichmond DriveNottingham£711,6663
NG3 5EWMapperley Hall Drive, Mapperley ParkNottingham£677,8333
NG3 5EULucknow DriveNottingham£665,7147
NG3 5RDChartwell Grove, MapperleyNottingham£640,0003
NG3 5AZLucknow AvenueNottingham£592,6663

Least Expensive Streets in NG3 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG3 5NFMapperley RoadNottingham£56,1666
NG3 4LNThe New Alexandra Court, Woodborough RoadNottingham£62,1666
NG3 3AQHendon Court, Hendon RiseNottingham£85,8124
NG3 2NGParry Court, Marmion RoadNottingham£92,7504
NG3 3PGRushworth Close, St AnnsNottingham£102,0003
NG3 5PGThe Dorchester, Hine HallNottingham£102,1663
NG3 5PQThe Flintham, Hine HallNottingham£103,0003
NG3 5BXMapperley Park DriveNottingham£103,3333
NG3 2NZMarmion RoadNottingham£104,8333
NG3 2HZGilbert GardensNottingham£105,3333

Explore NG3 (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