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House Prices in NG5 House Prices in NG5 (Nottingham)

The average house price in NG5 (Nottingham) is £240,254 using HM Land Registry data.

The average property price increased by £49,964 (32.77%) over the last 5 years and increased by £10,009 (4.73%) over the last 12 months.

Over the last year, there were 871 residential property sales – a decrease of 148 transactions (-16.99%) relative to the previous year. The majority of house sales (211) were in the £172,000 - £214,000 range. Then came properties in the £214,000 - £256,000 range, where 172 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 146 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,049 (-2%).

In January 2025, there were 155 new estate agency instructions, 123 agreed home sales and 104 property price reductions.

Nearby Postcodes: LE14, LE15, LN4, LN5, NG1, NG11, NG12, NG13, NG14, NG15, NG16, NG17, NG18, NG19, NG2, NG20, NG21, NG22, NG23, NG25, NG3, NG31, NG32, NG33, NG34, NG4, NG6, NG7, NG70, NG8, NG80, NG9, NG90, PE10, PE11, PE20, PE9

5-Year Average Property Prices in NG5 (Nottingham)

32.77%

Property prices in NG5 (Nottingham) increased by 32.77% 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 NG5 (Nottingham) Over the Last Year

4.73%

Property prices in NG5 (Nottingham) increased by 4.73% 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 NG5 (Nottingham) - January 2025

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 NG5 (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 NG5 (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 NG5 (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 NG5 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG5 postcode area since 1995.

Recent Sales in NG5 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Gleneagles Drive, Arnold, Nottingham, Nottinghamshire, NG5 8QQ£200,000£200,000£030 Jul 202413 Dec 2024136 Days
11 Elm Grove, Arnold, Nottingham, Nottinghamshire, NG5 8BN£230,000£230,000£004 Jul 202410 Dec 2024159 Days
46 Henley Rise, Nottingham, City Of Nottingham, NG5 1FR£230,000£226,000-£4,00005 Sep 202410 Dec 202496 Days
31 Nelson Road, Daybrook, Nottingham, Nottinghamshire, NG5 6JE£250,000£240,000-£10,00009 Feb 202409 Dec 2024304 Days
5 Gleneagles Drive, Arnold, Nottingham, Nottinghamshire, NG5 8QL£200,000£200,000£024 Sep 202409 Dec 202476 Days
54 Hartcroft Road, Nottingham, City Of Nottingham, NG5 5JN£170,000£169,000-£1,00009 Apr 202406 Dec 2024241 Days
21 Mellors Road, Arnold, Nottingham, Nottinghamshire, NG5 8HD£220,000£220,000£016 Aug 202406 Dec 2024112 Days
21 Bracadale Road, Nottingham, City Of Nottingham, NG5 5ED£280,000£270,000-£10,00017 May 202403 Dec 2024200 Days
34 Wardle Grove, Arnold, Nottingham, Nottinghamshire, NG5 7FE£210,000£200,000-£10,00024 Jun 202429 Nov 2024158 Days
18 Monsell Drive, Redhill, Nottingham, Nottinghamshire, NG5 8LY£415,000£410,000-£5,00017 Sep 202429 Nov 202473 Days
2 Arnside Close, Nottingham, City Of Nottingham, NG5 5HJ£190,000£190,000£017 Aug 202415 Nov 202490 Days
6 Firth Close, Arnold, Nottingham, Nottinghamshire, NG5 8RU£380,000£368,000-£12,00008 May 202415 Nov 2024191 Days
5 Brookdale Court, Sherwood, Nottingham, City Of Nottingham, NG5 3GD£110,000£110,000£020 Mar 202412 Nov 2024237 Days
24 Arnside Road, Nottingham, City Of Nottingham, NG5 5HE£225,000£223,000-£2,00009 Jun 202408 Nov 2024152 Days
14 Larwood Grove, Nottingham, City Of Nottingham, NG5 3JD£375,000£375,000£028 Apr 202408 Nov 2024194 Days
16 Roche Close, Arnold, Nottingham, Nottinghamshire, NG5 6RY£260,000£257,500-£2,50003 Jul 202401 Nov 2024121 Days
21 Ennerdale Road, Sherwood, Nottingham, City Of Nottingham, NG5 3GP£325,000£318,000-£7,00003 Jul 202401 Nov 2024121 Days
3 Brookfield Gardens, Arnold, Nottingham, Nottinghamshire, NG5 7EW£160,000£160,000£023 Apr 202421 Aug 2024120 Days
14 Rosegrove Avenue, Arnold, Nottingham, Nottinghamshire, NG5 8DU£325,000£325,000£017 May 202420 Aug 202495 Days
46 Gleneagles Drive, Arnold, Nottingham, Nottinghamshire, NG5 8QQ£210,000£200,000-£10,00002 Feb 202416 Aug 2024196 Days

Most Expensive Streets in NG5 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG5 8LSMansfield Road, RedhillNottingham£671,6663
NG5 2ELMansfield RoadNottingham£635,5004
NG5 4FBVilliers Road, WoodthorpeNottingham£610,0003
NG5 4DBPrivate Road, SherwoodNottingham£580,6254
NG5 4DAVictoria CrescentNottingham£572,5147
NG5 4FHCalstock Road, WoodthorpeNottingham£561,4287
NG5 4GZWoodthorpe Drive, WoodthorpeNottingham£557,5003
NG5 4FGMarlborough Road, WoodthorpeNottingham£515,0003
NG5 4GXHills Road, WoodthorpeNottingham£495,0004
NG5 3GYRibblesdale Road, SherwoodNottingham£484,4005

Least Expensive Streets in NG5 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG5 2EGTavistock CourtNottingham£53,5003
NG5 6AQMilford Court, Sherbrook RoadNottingham£60,8303
NG5 2EHTavistock CourtNottingham£65,5007
NG5 6TEMorrison House, Derwent CrescentNottingham£84,6663
NG5 5BXBurnham Lodge, Abbotsbury CloseNottingham£86,1663
NG5 5BYOulton Lodge, Abbotsbury CloseNottingham£88,3333
NG5 7ESGedling Grove, ArnoldNottingham£89,6663
NG5 5JECairns CloseNottingham£89,8128
NG5 6TDRoxby House, Derwent CrescentNottingham£90,2005
NG5 5BZRaynham Lodge, Abbotsbury CloseNottingham£90,8333

Explore NG5 (Nottingham) using map

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