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House Prices in NG7 House Prices in NG7 (Nottingham)

The average house price in NG7 (Nottingham) is £160,568 using HM Land Registry data.

The average property price increased by £51,904 (24.66%) over the last 5 years and increased by £10,400 (3.75%) over the last 12 months.

Over the last year, there were 242 residential property sales – a decrease of 105 transactions (-43.39%) relative to the previous year. The majority of house sales (72) were in the £150,000 - £200,000 range. Then came properties in the £100,000 - £150,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,990 (-2%).

In Oct 24, there were 93 new estate agency instructions, 64 agreed home sales and 68 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, NG3, NG31, NG32, NG33, NG34, NG4, NG5, NG6, NG70, NG8, NG80, NG9, NG90, PE10, PE11, PE20, PE9, S44, S45, S80

5-Year Average Property Prices in NG7 (Nottingham)

24.66%

Property prices in Nottingham increased by 24.66% 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 NG7 (Nottingham) Over the Last Year

3.75%

Property prices in Nottingham increased by 3.75% 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 NG7 (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 NG7 (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 NG7 (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 NG7 (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 NG7 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG7 postcode area since 1995.

Recent Sales in NG7 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Fishpond Drive, Nottingham, City Of Nottingham, NG7 1DG£659,000£656,000-£3,00025 Mar 202416 Aug 2024144 Days
90 Egypt Road, Nottingham, City Of Nottingham, NG7 7GN£170,000£168,000-£2,00005 Sep 202305 Aug 2024335 Days
97 Harcourt Road, Nottingham, City Of Nottingham, NG7 6PX£140,000£137,000-£3,00030 Jan 202410 Jul 2024162 Days
The Coach House, Holly Lodge, Clumber Road West, Nottingham, City Of Nottingham, NG7 1EF£175,000£167,500-£7,50027 Apr 202405 Jul 202469 Days
33 Rosetta Road, Nottingham, City Of Nottingham, NG7 7GX£190,000£182,000-£8,00019 Mar 202405 Jul 2024108 Days
126 Ewart Road, Nottingham, City Of Nottingham, NG7 6HH£130,000£128,000-£2,00009 Feb 202427 Jun 2024139 Days
4 Foxes Close, Nottingham, City Of Nottingham, NG7 1PG£495,000£490,000-£5,00013 Mar 202425 Jun 2024104 Days
Flat 21, The Park Octagon, Western Terrace, The Park, Nottingham, City Of Nottingham, NG7 1AF£259,950£255,000-£4,95021 Nov 202320 Jun 2024212 Days
28 Lenton Road, The Park, Nottingham, City Of Nottingham, NG7 1DT£557,000£503,000-£54,00016 Jan 202418 Jun 2024154 Days
15 Tattershall Drive, Nottingham, City Of Nottingham, NG7 1BX£525,000£477,500-£47,50019 Apr 202404 Jun 202446 Days
23 Cedar Road, Nottingham, City Of Nottingham, NG7 6HZ£175,000£170,000-£5,00003 Jan 202431 May 2024149 Days
8 Lonsdale Road, Nottingham, City Of Nottingham, NG7 3DU£135,000£130,000-£5,00023 Feb 202417 May 202484 Days
Weston Lodge, Hardwick Road, The Park, Nottingham, City Of Nottingham, NG7 1EP£2,000,000£1,975,000-£25,00017 Jun 202309 May 2024327 Days
8 Meadow Brown Road, Nottingham, City Of Nottingham, NG7 5PH£240,000£240,000£0019 Jan 202426 Apr 202498 Days
46 Alma Street, Nottingham, City Of Nottingham, NG7 7LY£126,000£121,000-£5,00014 Nov 202319 Apr 2024157 Days
1 Gedling Grove, Nottingham, City Of Nottingham, NG7 4DU£425,000£395,500-£29,50017 Jul 202305 Apr 2024263 Days
577 Berridge Road West, Nottingham, City Of Nottingham, NG7 5LE£190,000£185,000-£5,00019 Oct 202303 Apr 2024167 Days
12 Waterside Gardens, Nottingham, City Of Nottingham, NG7 2HL£220,000£210,000-£10,00003 Nov 202328 Mar 2024146 Days
28 Templars Court, Nottingham, City Of Nottingham, NG7 3GT£120,000£120,000£0003 Sep 202328 Mar 2024207 Days
102 Radford Boulevard, Nottingham, City Of Nottingham, NG7 3BN£180,000£180,000£0012 Dec 202322 Mar 2024101 Days

Most Expensive Streets in NG7 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG7 1DTLenton Road, The ParkNottingham£959,5004
NG7 1BWHuntingdon DriveNottingham£851,1146
NG7 1BJNewcastle CircusNottingham£782,7504
NG7 1BUClare ValleyNottingham£776,0005
NG7 1BACavendish Crescent NorthNottingham£736,6663
NG7 1BBCavendish Road EastNottingham£673,5717
NG7 1ARPelham CrescentNottingham£663,3333
NG7 1BSPark ValleyNottingham£577,6663
NG7 1EFClumber Road WestNottingham£565,6254
NG7 1ADTattershall DriveNottingham£556,2504

Least Expensive Streets in NG7 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG7 7JJEgypt RoadNottingham£76,8333
NG7 6BLHigh Point, Noel Street, NottinghamNottingham£81,1663
NG7 5PPBrook Court, Player Street, NottinghamNottingham£84,34613
NG7 2HZThe GalebNottingham£86,5003
NG7 1HDAlderney StreetNottingham£90,15012
NG7 3DXAuckland CloseNottingham£91,3754
NG7 1HHCastle GardensNottingham£92,3577
NG7 5QXGrimston RoadNottingham£95,4333
NG7 3BBBoulevard Works, Hartley RoadNottingham£98,1059
NG7 5FYAshwell GardensNottingham£100,3333

Explore NG7 (Nottingham) using map

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