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House Prices in NG4 House Prices in NG4 (Nottingham)

The average house price in NG4 (Nottingham) is £221,242 using HM Land Registry data.

The average property price increased by £59,423 (37.02%) over the last 5 years and increased by £11,903 (5.2%) over the last 12 months.

Over the last year, there were 458 residential property sales – a decrease of 120 transactions (-26.20%) relative to the previous year. The majority of house sales (104) were in the £170,000 - £210,000 range. Then came properties in the £210,000 - £250,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,201 (-2%).

In January 2025, there were 87 new estate agency instructions, 65 agreed home sales and 47 property price reductions.

Nearby Postcodes: DN22, LE12, LE14, LE15, LN1, LN4, LN5, LN6, NG1, NG11, NG12, NG13, NG14, NG15, NG18, NG19, NG2, NG20, NG21, NG22, NG23, NG24, NG25, NG3, NG31, NG32, NG33, NG34, NG5, NG7, NG80, PE10, PE11, PE20, PE9, S44, S80

5-Year Average Property Prices in NG4 (Nottingham)

37.02%

Property prices in NG4 (Nottingham) increased by 37.02% 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 NG4 (Nottingham) Over the Last Year

5.2%

Property prices in NG4 (Nottingham) increased by 5.2% 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 NG4 (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 NG4 (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 NG4 (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 NG4 (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 NG4 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG4 postcode area since 1995.

Recent Sales in NG4 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
48 Wheatley Drive, Carlton, Nottingham, Nottinghamshire, NG4 1FE£245,000£242,000-£3,00017 May 202417 Dec 2024214 Days
34 Douglas Avenue, Carlton, Nottingham, Nottinghamshire, NG4 1AJ£280,000£265,000-£15,00022 Jul 202413 Dec 2024144 Days
184 Spring Lane, Lambley, Nottingham, Nottinghamshire, NG4 4PE£1,000,000£865,000-£135,00031 Jan 202405 Dec 2024309 Days
14 Charles Close, Gedling, Nottingham, Nottinghamshire, NG4 4EH£210,000£210,000£011 Jun 202428 Nov 2024170 Days
37 Cromwell Crescent, Lambley, Nottingham, Nottinghamshire, NG4 4PJ£260,000£250,000-£10,00011 Apr 202422 Nov 2024225 Days
82 Besecar Avenue, Gedling, Nottingham, Nottinghamshire, NG4 4ET£160,000£155,000-£5,00016 May 202422 Nov 2024190 Days
26 Lascelles Avenue, Gedling, Nottingham, Nottinghamshire, NG4 4GB£240,000£240,000£024 Jul 202419 Nov 2024118 Days
14 Russet Avenue, Carlton, Nottingham, Nottinghamshire, NG4 3BT£259,950£250,000-£9,95015 Apr 202418 Nov 2024217 Days
6 Florence Crescent, Gedling, Nottingham, Nottinghamshire, NG4 2QJ£200,000£188,000-£12,00009 Aug 202415 Nov 202498 Days
27 Pearson Street, Netherfield, Nottingham, Nottinghamshire, NG4 2JA£200,000£200,000£010 May 202408 Nov 2024182 Days
18 Bakewell Avenue, Carlton, Nottingham, Nottinghamshire, NG4 3NY£300,000£295,000-£5,00009 Feb 202406 Nov 2024271 Days
26 Doveridge Avenue, Carlton, Nottingham, Nottinghamshire, NG4 3GR£325,000£305,000-£20,00031 May 202401 Nov 2024154 Days
222 Standhill Road, Carlton, Nottingham, Nottinghamshire, NG4 1JZ£190,000£190,000£015 Nov 202301 Nov 2024352 Days
62 Southdale Road, Carlton, Nottingham, Nottinghamshire, NG4 1EX£220,000£220,000£019 Jun 202401 Nov 2024135 Days
9 Arthur Street, Netherfield, Nottingham, Nottinghamshire, NG4 2HP£150,000£145,000-£5,00013 Jun 202425 Oct 2024134 Days
9 Pitch Close, Carlton, Nottingham, Nottinghamshire, NG4 1SL£425,000£415,000-£10,00010 Jun 202425 Oct 2024137 Days
25 Cantley Avenue, Gedling, Nottingham, Nottinghamshire, NG4 3PD£255,000£249,500-£5,50019 Jun 202425 Oct 2024128 Days
7 Beck Street, Carlton, Nottingham, Nottinghamshire, NG4 1RU£300,000£300,000£020 Jul 202425 Oct 202497 Days
112 Westdale Lane, Carlton, Nottingham, Nottinghamshire, NG4 3NH£140,000£140,000£024 Apr 202427 Aug 2024125 Days
18 Station Road, Carlton, Nottingham, Nottinghamshire, NG4 3AX£415,000£400,000-£15,00022 Mar 202416 Aug 2024147 Days

Most Expensive Streets in NG4 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG4 4AXBlackburn Close, GedlingNottingham£536,53813
NG4 4BPWaterhouse Lane, GedlingNottingham£531,8754
NG4 3HDMain Road, GedlingNottingham£522,3333
NG4 4PESpring Lane, LambleyNottingham£520,0003
NG4 4PFSpring Lane, LambleyNottingham£503,3333
NG4 4ADWood Lane, GedlingNottingham£474,2506
NG4 4PHSpring Lane, LambleyNottingham£420,0004
NG4 3HLMain Road, GedlingNottingham£410,6254
NG4 2DFPool Meadow, ColwickNottingham£410,0003
NG4 3GQDoveridge Road, CarltonNottingham£404,0005

Least Expensive Streets in NG4 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG4 4FHWestdale Court, CarltonNottingham£76,2504
NG4 4GRChesterfield Court, GedlingNottingham£77,6663
NG4 2HQVictoria Road, NetherfieldNottingham£81,5669
NG4 3FSRavenscar Court, Blackhill DriveNottingham£84,5004
NG4 1GPCarlton Heights, Carlton HillNottingham£85,9005
NG4 3RBBarley Close, CarltonNottingham£86,0007
NG4 3LXD B H House, Carlton SquareNottingham£91,1219
NG4 2ATLeeson Close, ColwickNottingham£92,4163
NG4 4GSBeckett Court, GedlingNottingham£94,7506
NG4 3QGCavendish Road, CarltonNottingham£97,0505

Explore NG4 (Nottingham) using map

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