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Nuthall and Watnall House Prices

The average house price in Nuthall and Watnall is £340,000 using HM Land Registry data.

The average property price increased by £72,683 (31%) over the last 5 years and increased by £14,530 (4.97%) over the last 12 months.

Over the last year, there were 101 residential property sales – a decrease of 25 transactions (-24.75%) relative to the previous year. The majority of house sales (22) were in the £272,000 - £328,000 range. Then came properties in the £216,000 - £272,000 range, where 21 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 Nuthall and Watnall

31%

Property prices in Nuthall and Watnall increased by 31% 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 Nuthall and Watnall Over the Last Year

4.97%

Property prices in Nuthall and Watnall increased by 4.97% 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 Nuthall and Watnall - 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 Nuthall and Watnall

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 Nuthall and Watnall

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 Nuthall and Watnall

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 Nuthall and Watnall since 1995

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

Recent Property Sales in Nuthall and Watnall

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
40 Drummond Drive, Nuthall, Nottingham, Nottinghamshire, NG16 1BL	£300,000	£250,000	-£50,000	08 Nov 2023	26 Jul 2024	261 Days
23 Riddles Court, Watnall, Nottingham, Nottinghamshire, NG16 1LB	£130,000	£112,500	-£17,500	05 Jun 2023	05 Jul 2024	396 Days
13 Beryldene Avenue, Watnall, Nottingham, Nottinghamshire, NG16 1HJ	£395,000	£365,000	-£30,000	02 Feb 2024	04 Jul 2024	153 Days
50 Highfield Road, Nuthall, Nottingham, Nottinghamshire, NG16 1BS	£295,000	£290,000	-£5,000	08 Jan 2024	02 Jul 2024	176 Days
65 Highfield Road, Nuthall, Nottingham, Nottinghamshire, NG16 1BQ	£425,000	£425,000	£00	20 Mar 2024	25 Jun 2024	97 Days
127 Newdigate Road, Watnall, Nottingham, Nottinghamshire, NG16 1HN	£375,000	£355,000	-£20,000	15 Sep 2023	21 Jun 2024	280 Days
42 Holly Road, Watnall, Nottingham, Nottinghamshire, NG16 1HP	£195,000	£186,000	-£9,000	05 Dec 2023	21 Jun 2024	199 Days
27a, Laurel Crescent, Nuthall, Nottingham, Nottinghamshire, NG16 1EW	£170,000	£170,000	£00	03 Feb 2024	14 Jun 2024	132 Days
68 Holly Road, Watnall, Nottingham, Nottinghamshire, NG16 1HP	£250,000	£245,000	-£5,000	05 Dec 2023	07 Jun 2024	185 Days
4 - 6, Main Road, Watnall, Nottingham, Nottinghamshire, NG16 1HT	£280,000	£265,000	-£15,000	31 Aug 2023	02 May 2024	245 Days
54 Highfield Road, Nuthall, Nottingham, Nottinghamshire, NG16 1BS	£385,000	£380,000	-£5,000	26 Oct 2023	26 Apr 2024	183 Days
1 Coronation Road, Nuthall, Nottingham, Nottinghamshire, NG16 1EP	£230,000	£223,000	-£7,000	03 Aug 2023	21 Mar 2024	231 Days
30 Nimbus Way, Watnall, Nottingham, Nottinghamshire, NG16 1FP	£395,000	£380,000	-£15,000	27 Jun 2023	15 Mar 2024	262 Days
1 Lime Close, Nuthall, Nottingham, Nottinghamshire, NG16 1FD	£190,000	£185,000	-£5,000	15 Sep 2023	26 Feb 2024	164 Days
61 Chilton Drive, Watnall, Nottingham, Nottinghamshire, NG16 1JL	£160,000	£160,000	£00	10 Aug 2023	11 Jan 2024	154 Days
93 Newdigate Road, Watnall, Nottingham, Nottinghamshire, NG16 1HN	£280,000	£275,000	-£5,000	31 Aug 2023	05 Jan 2024	127 Days
21 Hillcrest Close, Watnall, Nottingham, Nottinghamshire, NG16 1JN	£160,000	£157,000	-£3,000	02 Aug 2023	20 Dec 2023	140 Days
22 Cedarland Crescent, Nuthall, Nottingham, Nottinghamshire, NG16 1AH	£280,000	£260,000	-£20,000	02 Oct 2023	19 Dec 2023	78 Days
38 Oak Drive, Nuthall, Nottingham, Nottinghamshire, NG16 1FJ	£200,000	£198,000	-£2,000	31 Mar 2023	14 Dec 2023	258 Days
3 Bishopdale Drive, Watnall, Nottingham, Nottinghamshire, NG16 1LE	£375,000	£370,000	-£5,000	12 Jul 2023	17 Nov 2023	128 Days

Most Expensive Streets in Nuthall and Watnall

Postcode	Street	Area	Average	No. of Sales
NG16 1DT	Watnall Road	Nuthall	£493,333	3
NG16 1DA	Kimberley Road	Nuthall	£439,166	6
NG16 1QE	Mornington Crescent	Nuthall	£424,166	3
NG16 1QD	Gunnersbury Way	Nuthall	£404,600	5
NG16 1AB	Nottingham Road	Nuthall	£386,666	3
NG16 1BQ	Highfield Road	Nuthall	£373,916	6
NG16 1LE	Bishopdale Drive	Watnall	£373,000	4
NG16 1HT	Main Road	Watnall	£369,285	7
NG16 1RD	Knightsbridge Drive	Nuthall	£364,333	6
NG16 1RA	Hillingdon Avenue	Nuthall	£361,875	4

Least Expensive Streets in Nuthall and Watnall

Postcode	Street	Area	Average	No. of Sales
NG16 1LB	Riddles Court	Watnall	£102,900	8
NG16 1EY	Ash Crescent	Nuthall	£117,300	5
NG16 1EQ	Keats Close	Nuthall	£118,000	3
NG16 1LJ	Woodland Close	Watnall	£146,500	4
NG16 1JN	Hillcrest Close	Watnall	£151,000	4
NG16 1FL	Ash Crescent	Nuthall	£151,400	5
NG16 1JL	Chilton Drive	Watnall	£155,883	6
NG16 1EW	Laurel Crescent	Nuthall	£168,944	9
NG16 1EF	Hazel Drive	Nuthall	£169,875	4
NG16 1DS	Springland Farm Cottages	Nuthall	£177,250	4