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Selston House Prices Selston House Prices

The average house price in Selston is £221,166 using HM Land Registry data.

The average property price increased by £74,124 (45.47%) over the last 5 years and increased by £14,818 (6.67%) over the last 12 months.

Over the last year, there were 63 residential property sales – a decrease of 48 transactions (-76.19%) relative to the previous year. The majority of house sales (18) were in the £130,000 - £172,000 range. Then came properties in the £172,000 - £214,000 range, where 18 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.

Neighbouring Areas: South Normanton and Pinxton

Postcodes Covered: NG16

5-Year Average Property Prices in Selston

45.47%

Property prices in Selston increased by 45.47% 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 Selston Over the Last Year

6.67%

Property prices in Selston increased by 6.67% 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 Selston - 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 Selston

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 Selston

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 Selston

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 Selston since 1995

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

Recent Property Sales in Selston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
55 Nottingham Road, Selston, Nottingham, Nottinghamshire, NG16 6DH£160,000£158,000-£2,00023 Feb 202409 Aug 2024168 Days
35 Manitoba Way, Selston, Nottingham, Nottinghamshire, NG16 6FP£175,000£165,000-£10,00006 Feb 202426 Jul 2024171 Days
14 Lynd Close, Selston, Nottingham, Nottinghamshire, NG16 6RN£179,950£162,500-£17,45026 Dec 202321 Jun 2024178 Days
19 Ontario Drive, Selston, Nottingham, Nottinghamshire, NG16 6GR£200,000£190,000-£10,00002 Nov 202317 Jun 2024228 Days
2 Alberta Avenue, Selston, Nottingham, Nottinghamshire, NG16 6GN£194,950£190,000-£4,95003 Oct 202317 Jun 2024258 Days
4 Maid Marion Avenue, Selston, Nottingham, Nottinghamshire, NG16 6QH£170,000£170,000£0005 Feb 202405 Jun 2024121 Days
168 Alma Road, Selston, Nottingham, Nottinghamshire, NG16 6BJ£250,000£237,000-£13,00018 Jan 202431 May 2024134 Days
50 Lea Lane, Selston, Nottingham, Nottinghamshire, NG16 6BY£120,000£120,000£0004 Jan 202431 May 2024148 Days
8 Ontario Drive, Selston, Nottingham, Nottinghamshire, NG16 6GR£170,000£165,000-£5,00005 Feb 202431 May 2024116 Days
43 Bunyan Green Road, Selston, Nottingham, Nottinghamshire, NG16 6GF£205,000£185,000-£20,00021 Feb 202431 May 2024100 Days
159 Royal Oak Drive, Selston, Nottingham, Nottinghamshire, NG16 6RJ£160,000£155,000-£5,00018 Sep 202324 May 2024249 Days
107 Church Lane, Selston, Nottingham, Nottinghamshire, NG16 6FB£220,000£220,000£0013 Mar 202424 May 202472 Days
52 Royal Oak Drive, Selston, Nottingham, Nottinghamshire, NG16 6QF£160,000£160,000£0026 Dec 202326 Apr 2024122 Days
21 Columbia Close, Selston, Nottingham, Nottinghamshire, NG16 6GP£190,000£190,000£0026 Dec 202326 Apr 2024122 Days
48 Lea Lane, Selston, Nottingham, Nottinghamshire, NG16 6BY£230,000£215,000-£15,00014 Jul 202322 Mar 2024252 Days
348 Nottingham Road, Underwood, Nottingham, Nottinghamshire, NG16 5GZ£195,000£190,000-£5,00011 Jan 202408 Mar 202457 Days
105 Church Lane, Selston, Nottingham, Nottinghamshire, NG16 6FB£480,000£450,000-£30,00007 Oct 202308 Mar 2024153 Days
320 Nottingham Road, Selston, Nottingham, Nottinghamshire, NG16 6AD£240,000£225,000-£15,00016 Nov 202307 Mar 2024112 Days
19 Middleton Close, Selston, Nottingham, Nottinghamshire, NG16 6RS£140,000£140,000£0001 Aug 202329 Feb 2024212 Days
33 Oakham Drive, Selston, Nottingham, Nottinghamshire, NG16 6RR£240,000£240,000£0021 Sep 202309 Feb 2024141 Days

Most Expensive Streets in Selston

PostcodeStreetAreaAverageNo. of Sales
NG16 6DRCrescent RoadSelston£485,0004
NG16 6DZLilley CloseSelston£352,1663
NG16 6FNCommonsideSelston£331,5995
NG16 6FBChurch LaneSelston£308,86311
NG16 6BLHanstubbin RoadSelston£294,5004
NG16 6AJAnnesley LaneSelston£293,6258
NG16 6ADNottingham RoadSelston£284,12510
NG16 6EWChurch LaneSelston£277,5004
NG16 6BPSt Michaels ViewSelston£263,1005
NG16 6RHPenrose CourtSelston£262,1905

Least Expensive Streets in Selston

PostcodeStreetAreaAverageNo. of Sales
NG16 6DTCrescent RoadSelston£107,0007
NG16 6GALaunds AvenueSelston£120,7484
NG16 6ATPortland RoadSelston£121,3336
NG16 6ASPortland RoadSelston£121,70812
NG16 6APUpper Mexborough RoadSelston£127,0003
NG16 6EQVictoria RoadSelston£129,5004
NG16 6BYLea LaneSelston£130,48311
NG16 6BBMansfield RoadSelston£135,7077
NG16 6DQAlfreton RoadSelston£139,3577
NG16 6QGNightingale CrescentSelston£148,1905

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