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House Prices in NG8 House Prices in NG8 (Nottingham)

The average house price in NG8 (Nottingham) is £248,972 using HM Land Registry data.

The average property price increased by £58,156 (43.44%) over the last 5 years and increased by £11,653 (5.86%) over the last 12 months.

Over the last year, there were 390 residential property sales – a decrease of 233 transactions (-59.74%) relative to the previous year. The majority of house sales (97) were in the £130,000 - £188,000 range. Then came properties in the £188,000 - £246,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,642 (-2%).

In Oct 24, there were 71 new estate agency instructions, 77 agreed home sales and 72 property price reductions.

Nearby Postcodes: DE5, DE55, DE7, DE75, NG1, NG10, NG11, NG15, NG16, NG17, NG18, NG19, NG2, NG3, NG5, NG6, NG7, NG70, NG80, NG9, NG90

5-Year Average Property Prices in NG8 (Nottingham)

43.44%

Property prices in Nottingham increased by 43.44% 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 NG8 (Nottingham) Over the Last Year

5.86%

Property prices in Nottingham increased by 5.86% 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 NG8 (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 NG8 (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 NG8 (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 NG8 (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 NG8 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG8 postcode area since 1995.

Recent Sales in NG8 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Hawton Crescent, Wollaton, Nottingham, City Of Nottingham, NG8 1DD£240,000£230,000-£10,00008 Mar 202412 Aug 2024157 Days
9 Lilac Close, Nottingham, City Of Nottingham, NG8 6GH£105,000£100,000-£5,00004 Apr 202412 Aug 2024130 Days
106 Wendover Drive, Nottingham, City Of Nottingham, NG8 5JP£130,000£109,000-£21,00008 Mar 202407 Aug 2024152 Days
Glen Marie, Bilborough Road, Nottingham, City Of Nottingham, NG8 4DS£339,950£328,000-£11,95022 Jan 202405 Aug 2024196 Days
25 Archer Crescent, Nottingham, City Of Nottingham, NG8 1HB£675,000£675,000£0016 Sep 202302 Aug 2024321 Days
59 Russell Drive, Nottingham, City Of Nottingham, NG8 2BA£370,000£366,000-£4,00017 Jan 202429 Jul 2024194 Days
4 Darvel Close, Aspley, Nottingham, City Of Nottingham, NG8 3HL£270,000£265,000-£5,00022 Sep 202326 Jul 2024308 Days
56a, Glenbrook Crescent, Nottingham, City Of Nottingham, NG8 3GQ£190,000£190,000£0015 Mar 202423 Jul 2024130 Days
124 Frinton Road, Nottingham, City Of Nottingham, NG8 6GR£260,000£258,000-£2,00027 Mar 202423 Jul 2024118 Days
100 Harrow Road, Wollaton, Nottingham, City Of Nottingham, NG8 1FN£550,000£550,000£0029 Nov 202312 Jul 2024226 Days
66 Welstead Avenue, Nottingham, City Of Nottingham, NG8 5NS£140,000£130,000-£10,00007 Mar 202405 Jul 2024120 Days
51 Robins Wood Road, Nottingham, City Of Nottingham, NG8 3LA£425,000£420,000-£5,00007 Mar 202428 Jun 2024113 Days
23 Staindale Drive, Nottingham, City Of Nottingham, NG8 5FU£390,000£380,000-£10,00016 Nov 202328 Jun 2024225 Days
285 Trowell Road, Nottingham, City Of Nottingham, NG8 2FE£390,000£390,000£0012 Apr 202426 Jun 202475 Days
44 Tom Blower Close, Nottingham, City Of Nottingham, NG8 1JQ£450,000£440,000-£10,00006 Feb 202426 Jun 2024141 Days
102 Glaisdale Drive East, Nottingham, City Of Nottingham, NG8 4LZ£200,000£197,000-£3,00009 Oct 202321 Jun 2024256 Days
6 Brinsley Close, Nottingham, City Of Nottingham, NG8 5QY£170,000£168,000-£2,00029 Jan 202419 Jun 2024142 Days
151 Charlbury Road, Nottingham, City Of Nottingham, NG8 1NE£275,000£265,000-£10,00025 May 202314 Jun 2024386 Days
32 Chingford Road, Nottingham, City Of Nottingham, NG8 3BT£200,000£195,000-£5,00012 Dec 202314 Jun 2024185 Days
28 Caxmere Drive, Nottingham, City Of Nottingham, NG8 1GG£350,000£317,000-£33,00015 Jun 202214 Jun 2024730 Days

Most Expensive Streets in NG8 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG8 2APWollaton RoadNottingham£1,218,3333
NG8 2NRWollaton ValeNottingham£724,6405
NG8 2ARRectory GardensNottingham£699,9005
NG8 2NABramcote LaneNottingham£690,0003
NG8 2PRSheraton DriveNottingham£673,2574
NG8 1BNOundle DriveNottingham£667,6874
NG8 2PDWollaton ValeNottingham£652,8128
NG8 2ASCedar GroveNottingham£636,6663
NG8 2PPParkside GardensNottingham£624,5004
NG8 2NQParksideNottingham£621,5005

Least Expensive Streets in NG8 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG8 4EXStaverton RoadNottingham£86,0003
NG8 4BLWhite Lodge GardensNottingham£89,6513
NG8 6GJMagnolia CloseNottingham£93,70010
NG8 5BDEdward AvenueNottingham£98,0003
NG8 6GLRosemary CloseNottingham£101,6653
NG8 6GFHoneysuckle CloseNottingham£102,5647
NG8 5PDMinver CrescentNottingham£103,5433
NG8 6FZLavender CloseNottingham£103,8005
NG8 6GGJasmine Close, StrelleyNottingham£104,1905
NG8 5JRWinsford CloseNottingham£104,5003

Explore NG8 (Nottingham) using map

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