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Eastwood House Prices

The average house price in Eastwood is £227,384 using HM Land Registry data.

The average property price increased by £74,199 (43.89%) over the last 5 years and increased by £14,833 (6.49%) over the last 12 months.

Over the last year, there were 217 residential property sales – a decrease of 149 transactions (-68.66%) relative to the previous year. The majority of house sales (52) were in the £208,000 - £242,000 range. Then came properties in the £140,000 - £174,000 range, where 45 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 £-5,366 (-2%).

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

5-Year Average Property Prices in Eastwood

43.89%

Property prices in Eastwood increased by 43.89% 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 Eastwood Over the Last Year

6.49%

Property prices in Eastwood increased by 6.49% 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.

Property Market Heat Gauge for Eastwood - 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 Eastwood

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 Eastwood

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 Eastwood

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 Eastwood since 1995

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

Recent Property Sales in Eastwood

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
97 Walker Street, Eastwood, Nottingham, Nottinghamshire, NG16 3FP	£190,000	£190,000	£00	18 Apr 2024	20 Aug 2024	124 Days
71 Plumptre Way, Eastwood, Nottingham, Nottinghamshire, NG16 3LQ	£325,000	£325,000	£00	23 Oct 2023	15 Aug 2024	297 Days
37 Oak Drive, Eastwood, Nottingham, Nottinghamshire, NG16 3BW	£180,000	£170,000	-£10,000	15 Nov 2023	13 Aug 2024	272 Days
1 Manor Road, Eastwood, Nottingham, Nottinghamshire, NG16 3LX	£180,000	£180,000	£00	15 Dec 2023	12 Aug 2024	241 Days
14 Swindon Close, Giltbrook, Nottingham, Nottinghamshire, NG16 2WD	£250,000	£250,000	£00	25 Mar 2024	08 Aug 2024	136 Days
153 Newthorpe Common, Newthorpe, Nottingham, Nottinghamshire, NG16 2AW	£220,000	£218,000	-£2,000	15 Dec 2023	22 Jul 2024	220 Days
12 Princes Street, Eastwood, Nottingham, Nottinghamshire, NG16 3AS	£110,000	£107,500	-£2,500	18 Oct 2023	19 Jul 2024	275 Days
133 Queens Road South, Eastwood, Nottingham, Nottinghamshire, NG16 3NG	£195,000	£190,000	-£5,000	29 Jan 2024	05 Jul 2024	158 Days
86 Baker Road, Newthorpe, Nottingham, Nottinghamshire, NG16 2DP	£210,000	£210,000	£00	26 Dec 2023	01 Jul 2024	188 Days
150 Moorgreen, Newthorpe, Nottingham, Nottinghamshire, NG16 2FE	£379,950	£379,500	-£450	29 Feb 2024	21 Jun 2024	113 Days
12 The Pastures, Giltbrook, Nottingham, Nottinghamshire, NG16 2UT	£240,000	£230,000	-£10,000	24 Jan 2024	07 Jun 2024	135 Days
81 Brunel Avenue, Newthorpe, Nottingham, Nottinghamshire, NG16 3RE	£210,000	£210,000	£00	06 Feb 2024	05 Jun 2024	120 Days
103 Baker Road, Newthorpe, Nottingham, Nottinghamshire, NG16 2DP	£350,000	£350,000	£00	29 Jan 2024	24 May 2024	116 Days
1 Salcombe Close, Newthorpe, Nottingham, Nottinghamshire, NG16 2DQ	£350,000	£340,000	-£10,000	23 May 2023	24 May 2024	367 Days
1 Hazelwood Close, Newthorpe, Nottingham, Nottinghamshire, NG16 2BR	£330,000	£325,000	-£5,000	16 May 2023	24 May 2024	374 Days
50 Valley Drive, Newthorpe, Nottingham, Nottinghamshire, NG16 2DT	£325,000	£312,500	-£12,500	11 Oct 2023	22 May 2024	224 Days
2 Kent Road, Giltbrook, Nottingham, Nottinghamshire, NG16 2FU	£210,000	£198,000	-£12,000	26 Dec 2022	22 May 2024	513 Days
19 Braemar Avenue, Eastwood, Nottingham, Nottinghamshire, NG16 3JY	£215,000	£207,500	-£7,500	06 Feb 2024	17 May 2024	101 Days
6 King Street, Eastwood, Nottingham, Nottinghamshire, NG16 3DA	£150,000	£150,000	£00	22 Nov 2023	15 May 2024	175 Days
50 Beauvale, Newthorpe, Nottingham, Nottinghamshire, NG16 2EY	£750,000	£745,000	-£5,000	13 Nov 2023	03 May 2024	172 Days

Most Expensive Streets in Eastwood

Postcode	Street	Area	Average	No. of Sales
NG16 2FD	Moorgreen	Newthorpe	£474,166	6
NG16 2FF	Moorgreen	Newthorpe	£439,500	4
NG16 2FB	Moorgreen	Newthorpe	£380,285	7
NG16 2GD	Hilltop Rise	Newthorpe	£356,700	10
NG16 2EU	Main Street	Newthorpe	£343,333	3
NG16 2FE	Moorgreen	Newthorpe	£342,333	3
NG16 2WN	Alton Drive	Giltbrook	£337,224	19
NG16 2WJ	Acorn Avenue	Giltbrook	£332,910	5
NG16 2BB	Primrose Rise	Newthorpe	£325,166	3
NG16 3SD	Plaxton Close	Newthorpe	£311,660	15

Least Expensive Streets in Eastwood

Postcode	Street	Area	Average	No. of Sales
NG16 3RA	Blackthorn Drive	Eastwood	£97,000	6
NG16 2YN	Bettison House	Wessex Drive	£104,333	3
NG16 3TY	Victory Close	Eastwood	£108,500	3
NG16 3FE	Lynncroft	Eastwood	£111,250	8
NG16 3PP	Ryemere Close	Eastwood	£113,333	3
NG16 3BL	Bishop Street	Eastwood	£115,850	10
NG16 3AS	Princes Street	Eastwood	£116,500	5
NG16 3BB	Wellington Street	Eastwood	£120,833	3
NG16 3FR	Greenhills Road	Eastwood	£121,750	8
NG16 3ER	Lynncroft	Eastwood	£122,333	3