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Arnold House Prices Arnold House Prices

The average house price in Arnold is £263,750 using HM Land Registry data.

The average property price increased by £61,452 (29.26%) over the last 5 years and increased by £12,285 (4.74%) over the last 12 months.

Over the last year, there were 440 residential property sales – a decrease of 183 transactions (-41.59%) relative to the previous year. The majority of house sales (107) were in the £140,000 - £190,000 range. Then came properties in the £190,000 - £240,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,504 (-1%).

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

Neighbouring Areas: Carlton, Nottingham

Postcodes Covered: NG3, NG5

5-Year Average Property Prices in Arnold

29.26%

Property prices in Arnold increased by 29.26% 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 Arnold Over the Last Year

4.74%

Property prices in Arnold increased by 4.74% 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 Arnold - 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 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 Arnold

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 Arnold

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 Arnold

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 Arnold since 1995

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

Recent Property Sales in Arnold

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Brookfield Gardens, Arnold, Nottingham, Nottinghamshire, NG5 7EW£160,000£160,000£0023 Apr 202421 Aug 2024120 Days
14 Rosegrove Avenue, Arnold, Nottingham, Nottinghamshire, NG5 8DU£325,000£325,000£0017 May 202420 Aug 202495 Days
46 Gleneagles Drive, Arnold, Nottingham, Nottinghamshire, NG5 8QQ£210,000£200,000-£10,00002 Feb 202416 Aug 2024196 Days
10 Sobers Gardens, Arnold, Nottingham, Nottinghamshire, NG5 6QU£220,000£220,000£0023 Mar 202409 Aug 2024139 Days
75 Homefield Avenue, Arnold, Nottingham, Nottinghamshire, NG5 8FZ£295,000£291,500-£3,50030 Mar 202409 Aug 2024132 Days
22 Byrne Court, Arnold, Nottingham, Nottinghamshire, NG5 6RN£580,000£575,000-£5,00022 Apr 202406 Aug 2024106 Days
16 Plains Farm Close, Nottingham, Nottinghamshire, NG3 5RE£430,000£425,000-£5,00023 Sep 202206 Aug 2024683 Days
6 Windsor Crescent, Woodthorpe, Nottingham, Nottinghamshire, NG5 4PX£280,000£278,000-£2,00017 Apr 202402 Aug 2024107 Days
3 Bestwood Park View, Arnold, Nottingham, Nottinghamshire, NG5 8GY£285,000£282,000-£3,00004 Apr 202402 Aug 2024120 Days
17 Shandwick Close, Arnold, Nottingham, Nottinghamshire, NG5 8AZ£230,000£225,000-£5,00028 Oct 202301 Aug 2024278 Days
4 Tennyson Road, Woodthorpe, Nottingham, Nottinghamshire, NG5 4FY£460,000£450,000-£10,00015 Jun 202326 Jul 2024407 Days
88 Breck Hill Road, Woodthorpe, Nottingham, Nottinghamshire, NG5 4GQ£230,000£225,000-£5,00027 Oct 202319 Jul 2024266 Days
Apartment 18, Woodthorpe Mews, Woodthorpe Drive, Woodthorpe, Nottingham, Nottinghamshire, NG5 4AT£175,000£170,000-£5,00021 Jan 202419 Jul 2024180 Days
58 Clumber Avenue, Mapperley, Nottingham, Nottinghamshire, NG3 5JY£250,000£250,000£0006 Nov 202316 Jul 2024253 Days
Apartment 9, Balmoral House, Villiers Road, Woodthorpe, Nottingham, Nottinghamshire, NG5 4FP£150,000£150,000£0023 Jan 202312 Jul 2024536 Days
31 Needham Road, Arnold, Nottingham, Nottinghamshire, NG5 7FF£245,000£237,500-£7,50015 Nov 202310 Jul 2024238 Days
59 Patricia Drive, Arnold, Nottingham, Nottinghamshire, NG5 8EJ£325,000£312,500-£12,50012 Jan 202405 Jul 2024175 Days
2 Ashington Drive, Arnold, Nottingham, Nottinghamshire, NG5 8GH£345,000£345,000£0004 Jan 202421 Jun 2024169 Days
5 Stanmore Gardens, Arnold, Nottingham, Nottinghamshire, NG5 6LX£310,000£292,500-£17,50026 Dec 202321 Jun 2024178 Days
9 Jenned Road, Arnold, Nottingham, Nottinghamshire, NG5 8FT£300,000£295,000-£5,00029 Sep 202314 Jun 2024259 Days

Most Expensive Streets in Arnold

PostcodeStreetAreaAverageNo. of Sales
NG3 5RFPlains RoadNottingham£1,125,0003
NG3 5RGMapperley PlainsMapperley£826,5004
NG5 8LSMansfield RoadRedhill£671,6663
NG3 5RDChartwell GroveMapperley£640,0003
NG5 4FBVilliers RoadWoodthorpe£610,0003
NG5 4FHCalstock RoadWoodthorpe£561,6666
NG3 5RRSpring LaneMapperley£558,0147
NG5 4FGMarlborough RoadWoodthorpe£526,2504
NG5 4FLKnighton RoadWoodthorpe£478,4005
NG5 4FDWoodthorpe AvenueWoodthorpe£461,6663

Least Expensive Streets in Arnold

PostcodeStreetAreaAverageNo. of Sales
NG5 6AQMilford CourtSherbrook Road£60,8303
NG5 6TEMorrison HouseDerwent Crescent£84,6663
NG5 6TDRoxby HouseDerwent Crescent£87,7504
NG5 6TFLeivers HouseDerwent Crescent£87,8333
NG5 7ESGedling GroveArnold£89,6663
NG5 6NUWashington CourtArnold£91,8003
NG5 6TJGlover HouseDerwent Crescent£92,5004
NG5 6TGNaylor HouseDerwent Crescent£97,6663
NG3 5PZBeech CourtMapperley£107,16621
NG5 8UJMillbeck HouseOakdale Road£108,53315

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