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House Prices in NG15 House Prices in NG15 (Nottingham)

The average house price in NG15 (Nottingham) is £217,142 using HM Land Registry data.

The average property price increased by £47,954 (47.83%) over the last 5 years and increased by £9,606 (6.29%) over the last 12 months.

Over the last year, there were 552 residential property sales – a decrease of 114 transactions (-20.65%) relative to the previous year. The majority of house sales (131) were in the £130,000 - £182,000 range. Then came properties in the £182,000 - £234,000 range, where 117 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 147 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,798 (-3%).

In January 2025, there were 102 new estate agency instructions, 70 agreed home sales and 57 property price reductions.

Nearby Postcodes: DE5, DE55, DE7, DE75, NG14, NG16, NG17, NG18, NG19, NG20, NG21, NG22, NG25, NG3, NG5, NG6, NG7, NG70, NG8, NG9, S44, S45

5-Year Average Property Prices in NG15 (Nottingham)

47.83%

Property prices in NG15 (Nottingham) increased by 47.83% 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 NG15 (Nottingham) Over the Last Year

6.29%

Property prices in NG15 (Nottingham) increased by 6.29% 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 NG15 (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 NG15 (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 NG15 (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 NG15 (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 NG15 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG15 postcode area since 1995.

Recent Sales in NG15 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Lea Close, Ravenshead, Nottingham, Nottinghamshire, NG15 9EH£525,000£512,000-£13,00015 May 202417 Dec 2024216 Days
53 Derbyshire Lane, Hucknall, Nottingham, Nottinghamshire, NG15 7GA£220,000£200,000-£20,00023 Apr 202404 Dec 2024225 Days
33 Common Lane, Hucknall, Nottingham, Nottinghamshire, NG15 6PL£170,000£170,000£011 Jun 202429 Nov 2024171 Days
33 Springfield Road, Hucknall, Nottingham, Nottinghamshire, NG15 6PR£155,000£142,000-£13,00006 Aug 202429 Nov 2024115 Days
27 Winster Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15 9DD£380,000£370,000-£10,00019 Jun 202428 Nov 2024162 Days
22 Chestnut Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15 9DN£320,000£310,000-£10,00018 Jul 202427 Nov 2024132 Days
4 Victoria Grove, Linby, Nottingham, Nottinghamshire, NG15 8GY£400,000£400,000£019 Jul 202425 Nov 2024129 Days
48 Caddaw Avenue, Hucknall, Nottingham, Nottinghamshire, NG15 7LW£185,000£182,500-£2,50025 Jul 202420 Nov 2024118 Days
321 Watnall Road, Hucknall, Nottingham, Nottinghamshire, NG15 6EP£350,000£340,000-£10,00008 Apr 202420 Nov 2024226 Days
40 Ashgate Road, Hucknall, Nottingham, Nottinghamshire, NG15 7UT£340,000£340,000£010 Sep 202414 Nov 202465 Days
25 Abbots Road, Hucknall, Nottingham, Nottinghamshire, NG15 6PB£160,000£155,000-£5,00006 Jun 202408 Nov 2024155 Days
2 Christchurch Road, Hucknall, Nottingham, Nottinghamshire, NG15 6SA£170,000£170,000£018 Jun 202431 Oct 2024135 Days
36 Pagett Close, Hucknall, Nottingham, Nottinghamshire, NG15 7US£270,000£270,000£022 May 202431 Oct 2024162 Days
2 Hillcrest Drive, Hucknall, Nottingham, Nottinghamshire, NG15 6PS£218,000£216,500-£1,50008 Mar 202425 Oct 2024231 Days
86 Farleys Lane, Hucknall, Nottingham, Nottinghamshire, NG15 6DN£225,000£220,000-£5,00014 Mar 202418 Oct 2024218 Days
38 Avon Avenue, Hucknall, Nottingham, Nottinghamshire, NG15 6FS£190,000£185,000-£5,00010 May 202418 Oct 2024161 Days
6 Merlin Drive, Hucknall, Nottingham, Nottinghamshire, NG15 6FX£260,000£257,500-£2,50010 May 202423 Aug 2024105 Days
Lyden Lea, Newstead Abbey Park, Nottingham, Nottinghamshire, NG15 8GD£900,000£220,000-£680,00022 May 202319 Aug 2024455 Days
62 Long Hill Rise, Hucknall, Nottingham, Nottinghamshire, NG15 6GN£260,000£245,000-£15,00009 Jan 202408 Aug 2024212 Days
50 Versailles Gardens, Hucknall, Nottingham, Nottinghamshire, NG15 7NY£185,000£185,000£002 Feb 202402 Aug 2024182 Days

Most Expensive Streets in NG15 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG15 9HLNottingham Road, RavensheadNottingham£1,176,6663
NG15 8GDNewstead Abbey ParkNottingham£1,062,7504
NG15 9HDKirkby Road, RavensheadNottingham£1,011,6663
NG15 8GENewstead Abbey ParkNottingham£918,0005
NG15 9HGNottingham Road, RavensheadNottingham£724,1663
NG15 9FBSheepwalk Lane, RavensheadNottingham£683,4166
NG15 9AERegina Crescent, RavensheadNottingham£667,5006
NG15 9DHChapel Lane, RavensheadNottingham£655,6258
NG15 9FDSheepwalk Lane, RavensheadNottingham£637,1427
NG15 9HNKighill Lane, RavensheadNottingham£635,1729

Least Expensive Streets in NG15 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG15 7BDThe Courtyard, Titchfield TerraceNottingham£80,3333
NG15 7GYCorbett Crescent, HucknallNottingham£85,9505
NG15 7QZThe Junction, Station TerraceNottingham£91,1663
NG15 0AGByron Road, AnnesleyNottingham£96,3336
NG15 0BUTilford Road, Newstead VillageNottingham£101,7506
NG15 6JDHarrow Road, HucknallNottingham£104,3333
NG15 7SESherwood Street, HucknallNottingham£104,3333
NG15 6EBFlorence Street, HucknallNottingham£104,5624
NG15 7HNVine Terrace, HucknallNottingham£109,0003
NG15 0BTFoundry Terrace, Newstead VillageNottingham£109,3333

Explore NG15 (Nottingham) using map

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