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Arnold House Prices Arnold House Prices

The average house price in Arnold is £295,185 using HM Land Registry data.

The average property price increased by £62,540 (30.16%) over the last 5 years and increased by £12,499 (4.86%) over the last 12 months.

Over the last year, there were 414 residential property sales – a decrease of 186 transactions (-44.93%) relative to the previous year. The majority of house sales (106) were in the £140,000 - £190,000 range. Then came properties in the £190,000 - £240,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,504 (-1%).

In April 2024, there were 100 new estate agency instructions, 64 agreed home sales and 37 property price reductions.

Neighbouring Areas: Carlton, Nottingham

Postcodes Covered: NG3, NG5

5-Year Average Property Prices in Arnold

30.16%

Property prices in Arnold increased by 30.16% 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 Arnold Over the Last Year

4.86%

Property prices in Arnold increased by 4.86% 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 Arnold - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Arnold

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 Arnold

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 Arnold

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 Arnold since 1995

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

Recent Property Sales in Arnold

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Salcombe Drive, Redhill, Nottingham, Nottinghamshire, NG5 8JF£290,000£280,000-£10,00029 Sep 202331 Jan 2024124 Days
67 Ramsey Drive, Arnold, Nottingham, Nottinghamshire, NG5 6QP£200,000£190,000-£10,00005 Sep 202325 Jan 2024142 Days
150 Sherbrook Road, Daybrook, Nottingham, Nottinghamshire, NG5 6AT£200,000£200,000£0024 Aug 202318 Jan 2024147 Days
Flat 14, Furlong Court, Furlong Street, Arnold, Nottingham, Nottinghamshire, NG5 7AJ£120,000£118,000-£2,00015 Dec 202215 Dec 2023365 Days
22 Calstock Road, Woodthorpe, Nottingham, Nottinghamshire, NG5 4FH£650,000£610,000-£40,00009 Sep 202312 Dec 202394 Days
78 Whitby Crescent, Woodthorpe, Nottingham, Nottinghamshire, NG5 4LZ£365,000£365,000£0010 Aug 202311 Dec 2023123 Days
11 Buckingham Road, Woodthorpe, Nottingham, Nottinghamshire, NG5 4GE£395,000£389,100-£5,90031 Jul 202307 Dec 2023129 Days
137 Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7AT£210,000£205,000-£5,00016 Dec 202230 Nov 2023349 Days
6 Baker Avenue, Arnold, Nottingham, Nottinghamshire, NG5 8FU£180,000£175,500-£4,50028 Jun 202324 Nov 2023149 Days
2 Hamilton Close, Arnold, Nottingham, Nottinghamshire, NG5 8RP£400,000£380,000-£20,00022 Aug 202317 Nov 202387 Days
18 Grafton Avenue, Woodthorpe, Nottingham, Nottinghamshire, NG5 4GD£350,000£315,000-£35,00027 May 202314 Nov 2023171 Days
17 Pateley Road, Nottingham, Nottinghamshire, NG3 5QF£300,000£300,000£0006 Jul 202314 Nov 2023131 Days
24 Welham Crescent, Arnold, Nottingham, Nottinghamshire, NG5 7LJ£220,000£210,000-£10,00024 Jul 202310 Nov 2023109 Days
1 Shelley Road, Daybrook, Nottingham, Nottinghamshire, NG5 6HN£250,000£250,000£0017 May 202303 Nov 2023170 Days
20 Willbert Road, Arnold, Nottingham, Nottinghamshire, NG5 8ED£180,000£180,000£0024 May 202303 Nov 2023163 Days
29 Woodthorpe Drive, Woodthorpe, Nottingham, Nottinghamshire, NG5 4FT£220,000£220,000£0028 Jun 202303 Nov 2023128 Days
85 Whitby Crescent, Woodthorpe, Nottingham, Nottinghamshire, NG5 4NA£225,000£210,000-£15,00008 Jun 202302 Nov 2023147 Days
70 Worrall Avenue, Arnold, Nottingham, Nottinghamshire, NG5 7GL£180,000£170,000-£10,00028 Mar 202331 Oct 2023217 Days
8 De Vere Gardens, Woodthorpe, Nottingham, Nottinghamshire, NG5 4PH£350,000£346,000-£4,00027 Apr 202327 Oct 2023183 Days
102 Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7BD£170,000£170,000£0022 Jun 202327 Oct 2023127 Days

Most Expensive Streets in Arnold

PostcodeStreetAreaAverageNo. of Sales
NG3 5RGMapperley PlainsMapperley£826,5004
NG3 5RDChartwell GroveMapperley£633,3333
NG5 8LSMansfield RoadRedhill£601,2504
NG5 4FHCalstock RoadWoodthorpe£556,0005
NG3 5RRSpring LaneMapperley£529,5128
NG5 4FBVilliers RoadWoodthorpe£500,7063
NG5 4LFPatterdale RoadWoodthorpe£496,6663
NG5 4FLKnighton RoadWoodthorpe£478,4005
NG5 4FDWoodthorpe AvenueWoodthorpe£476,6005
NG5 4FGMarlborough RoadWoodthorpe£476,0005

Least Expensive Streets in Arnold

PostcodeStreetAreaAverageNo. of Sales
NG5 6ETFrobisher GardensNottingham£60,8333
NG5 6TEMorrison HouseDerwent Crescent£84,6663
NG5 6TFLeivers HouseDerwent Crescent£87,8333
NG5 6TJGlover HouseDerwent Crescent£91,0005
NG5 6TDRoxby HouseDerwent Crescent£91,6663
NG5 6NUWashington CourtArnold£91,8003
NG5 6TGNaylor HouseDerwent Crescent£97,6663
NG5 7ESGedling GroveArnold£98,5004
NG3 5PZBeech CourtMapperley£108,48025
NG5 8UJMillbeck HouseOakdale Road£108,53315

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