House Prices in NG8 House Prices in NG8 (Nottingham)

The average house price in NG8 (Nottingham) is £260,329 using HM Land Registry data.

The average property price increased by £58,160 (43.44%) over the last 5 years and increased by £11,654 (5.86%) over the last 12 months.

Over the last year, there were 424 residential property sales – a decrease of 190 transactions (-44.81%) relative to the previous year. The majority of house sales (108) were in the £130,000 - £188,000 range. Then came properties in the £188,000 - £246,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,828 (-2%).

In Dec 24, there were 39 new estate agency instructions, 58 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in NG8 (Nottingham)

43.44%

Property prices in Nottingham increased by 43.44% 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 NG8 (Nottingham) Over the Last Year

5.86%

Property prices in Nottingham increased by 5.86% 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 NG8 (Nottingham) - Dec 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 NG8 (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 NG8 (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 NG8 (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 NG8 (Nottingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG8 postcode area since 1995.

Recent Sales in NG8 (Nottingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Barwell Drive, Nottingham, City Of Nottingham, NG8 6LT£275,000£275,000£0010 Jun 202426 Nov 2024169 Days
70 Yatesbury Crescent, Nottingham, City Of Nottingham, NG8 3AW£185,000£178,000-£7,00026 Jun 202422 Nov 2024149 Days
291 Wollaton Vale, Wollaton, Nottingham, City Of Nottingham, NG8 2PX£295,000£270,000-£25,00026 Feb 202419 Nov 2024267 Days
4 Halifax Court, Nottingham, City Of Nottingham, NG8 6PG£260,000£260,000£0017 May 202408 Nov 2024175 Days
38 Renfrew Drive, Nottingham, City Of Nottingham, NG8 2FX£595,000£580,000-£15,00001 Aug 202407 Nov 202498 Days
25 Brendon Road, Nottingham, City Of Nottingham, NG8 1HW£375,000£365,000-£10,00007 Mar 202405 Nov 2024243 Days
45 Birchover Road, Bilborough, Nottingham, City Of Nottingham, NG8 4BT£200,000£195,000-£5,00016 Mar 202404 Nov 2024233 Days
25 Moorsholm Drive, Nottingham, City Of Nottingham, NG8 2EF£210,000£180,000-£30,00002 Aug 202401 Nov 202491 Days
6 Kelstern Close, Nottingham, City Of Nottingham, NG8 6AE£315,000£305,000-£10,00027 Jun 202429 Oct 2024124 Days
73 Yatesbury Crescent, Nottingham, City Of Nottingham, NG8 3AU£185,000£185,000£0009 Aug 202424 Oct 202476 Days
64 Russell Drive, Nottingham, City Of Nottingham, NG8 2BH£450,000£445,000-£5,00002 May 202424 Oct 2024175 Days
22 Hawton Crescent, Wollaton, Nottingham, City Of Nottingham, NG8 1DD£240,000£230,000-£10,00008 Mar 202412 Aug 2024157 Days
9 Lilac Close, Nottingham, City Of Nottingham, NG8 6GH£105,000£100,000-£5,00004 Apr 202412 Aug 2024130 Days
106 Wendover Drive, Nottingham, City Of Nottingham, NG8 5JP£130,000£109,000-£21,00008 Mar 202407 Aug 2024152 Days
Glen Marie, Bilborough Road, Nottingham, City Of Nottingham, NG8 4DS£339,950£328,000-£11,95022 Jan 202405 Aug 2024196 Days
25 Archer Crescent, Nottingham, City Of Nottingham, NG8 1HB£675,000£675,000£0016 Sep 202302 Aug 2024321 Days
59 Russell Drive, Nottingham, City Of Nottingham, NG8 2BA£370,000£366,000-£4,00017 Jan 202429 Jul 2024194 Days
4 Darvel Close, Aspley, Nottingham, City Of Nottingham, NG8 3HL£270,000£265,000-£5,00022 Sep 202326 Jul 2024308 Days
56a, Glenbrook Crescent, Nottingham, City Of Nottingham, NG8 3GQ£190,000£190,000£0015 Mar 202423 Jul 2024130 Days
124 Frinton Road, Nottingham, City Of Nottingham, NG8 6GR£260,000£258,000-£2,00027 Mar 202423 Jul 2024118 Days

Most Expensive Streets in NG8 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG8 2APWollaton RoadNottingham£1,218,3333
NG8 2NABramcote LaneNottingham£745,0004
NG8 2NRWollaton ValeNottingham£724,6405
NG8 2ARRectory GardensNottingham£699,9005
NG8 2PRSheraton DriveNottingham£673,2574
NG8 1BNOundle DriveNottingham£667,6874
NG8 2PDWollaton ValeNottingham£652,8128
NG8 2ASCedar GroveNottingham£636,6663
NG8 2PPParkside GardensNottingham£624,5004
NG8 1FNHarrow RoadNottingham£624,4005

Least Expensive Streets in NG8 (Nottingham)

PostcodeStreetAreaAverageNo. of Sales
NG8 4BLWhite Lodge GardensNottingham£89,6513
NG8 6GJMagnolia CloseNottingham£94,8889
NG8 5BDEdward AvenueNottingham£98,0003
NG8 6GLRosemary CloseNottingham£101,6653
NG8 2TPNidderdaleNottingham£103,5003
NG8 5PDMinver CrescentNottingham£103,5433
NG8 6GGJasmine Close, StrelleyNottingham£104,1905
NG8 5JRWinsford CloseNottingham£104,5003
NG8 6GFHoneysuckle CloseNottingham£105,4217
NG8 6FZLavender CloseNottingham£106,0004

Explore NG8 (Nottingham) using map