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Balderton House Prices Balderton House Prices

The average house price in Balderton is £202,142 using HM Land Registry data.

The average property price increased by £56,110 (30.61%) over the last 5 years and increased by £11,214 (4.91%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 121 transactions (-69.94%) relative to the previous year. The majority of house sales (48) were in the £160,000 - £210,000 range. Then came properties in the £210,000 - £260,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,237 (-2%).

In April 2024, there were 35 new estate agency instructions, 25 agreed home sales and 21 property price reductions.

Neighbouring Areas: Newark-on-Trent

Postcodes Covered: NG24

5-Year Average Property Prices in Balderton

30.61%

Property prices in Balderton increased by 30.61% 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 Balderton Over the Last Year

4.91%

Property prices in Balderton increased by 4.91% 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 Balderton - 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 Balderton

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 Balderton

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 Balderton

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 Balderton since 1995

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

Recent Property Sales in Balderton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
125 Hawton Lane, Balderton, Newark, Nottinghamshire, NG24 3EH£200,000£194,000-£6,00004 Oct 202315 Feb 2024134 Days
51 Church Lane, Balderton, Newark, Nottinghamshire, NG24 3NW£475,000£470,000-£5,00015 May 202308 Feb 2024269 Days
2 Marshall Court, Newark, Nottinghamshire, NG24 3NL£215,000£215,000£0004 Sep 202306 Feb 2024155 Days
6 Ainsdale Close, Fernwood, Newark, Nottinghamshire, NG24 3FP£80,000£80,000£0028 Nov 202219 Dec 2023386 Days
9 Spring Lane, Balderton, Newark, Nottinghamshire, NG24 3NZ£199,950£195,000-£4,95011 Oct 202314 Dec 202364 Days
44 Catkin Way, Balderton, Newark, Nottinghamshire, NG24 3DT£190,000£185,000-£5,00021 Jun 202311 Dec 2023173 Days
13 Haddon Drive, Balderton, Newark, Nottinghamshire, NG24 3HN£250,000£245,000-£5,00007 Sep 202305 Dec 202389 Days
59 Bullpit Road, Balderton, Newark, Nottinghamshire, NG24 3LX£300,000£295,000-£5,00028 Sep 202304 Dec 202367 Days
28 Willow Road, Balderton, Newark, Nottinghamshire, NG24 3DA£215,000£210,000-£5,00031 Jul 202324 Nov 2023116 Days
4 Camdale Lane, Fernwood, Newark, Nottinghamshire, NG24 3RH£350,000£350,000£0005 May 202324 Nov 2023203 Days
54 Orchard Way, Balderton, Newark, Nottinghamshire, NG24 3LU£210,000£206,000-£4,00008 Jul 202324 Nov 2023139 Days
10 Coronation Street, Balderton, Newark, Nottinghamshire, NG24 3BD£175,000£169,000-£6,00007 Jul 202317 Nov 2023133 Days
24 Masefield Crescent, Balderton, Newark, Nottinghamshire, NG24 3QG£270,000£270,000£0031 Jul 202303 Nov 202395 Days
99 Dale Crescent, Fernwood, Newark, Nottinghamshire, NG24 3JT£215,000£210,000-£5,00017 Jul 202327 Oct 2023102 Days
37 Lacey Green, Balderton, Newark, Nottinghamshire, NG24 3NJ£155,000£145,000-£10,00028 Apr 202327 Oct 2023182 Days
9 Shelley Close, Balderton, Newark, Nottinghamshire, NG24 3LS£235,000£213,285-£21,71526 Jun 202326 Oct 2023122 Days
6 Marshall Court, Newark, Nottinghamshire, NG24 3NL£220,000£210,000-£10,00024 May 202324 Oct 2023153 Days
31 Stafford Avenue, Balderton, Newark, Nottinghamshire, NG24 3EQ£180,000£175,000-£5,00030 Jun 202323 Oct 2023115 Days
29 Catkin Way, Balderton, Newark, Nottinghamshire, NG24 3DT£200,000£188,000-£12,00027 Jun 202323 Oct 2023118 Days
9 Clipsham Close, Balderton, Newark, Nottinghamshire, NG24 3LD£180,000£176,500-£3,50016 May 202306 Oct 2023143 Days

Most Expensive Streets in Balderton

PostcodeStreetAreaAverageNo. of Sales
NG24 3GGThe WoodwardsBalderton£630,8333
NG24 3GNGlebe ParkBalderton£595,0004
NG24 3GWGoodwin LaneFernwood£435,0003
NG24 3GJCollinson LaneFernwood£415,6254
NG24 3GXGilmores LaneFernwood£414,8005
NG24 3GHDale WayFernwood£405,6619
NG24 3FUThomas RoadFernwood£400,2857
NG24 3FXGilbert WayFernwood£398,6663
NG24 3FSCarnell LaneFernwood£387,1254
NG24 3XLHorsa CloseFernwood£384,7454

Least Expensive Streets in Balderton

PostcodeStreetAreaAverageNo. of Sales
NG24 3FPAinsdale CloseFernwood£81,5717
NG24 3BGMaythorne CloseBalderton£105,9378
NG24 3UXParsons CloseFernwood£113,2416
NG24 3SUWarwick CourtBalderton£113,65314
NG24 3PQWolfit AvenueBalderton£116,2005
NG24 3BQHazel GroveBalderton£117,5003
NG24 3DAWillow RoadBalderton£121,24518
NG24 3FZRubys WalkFernwood£121,4166
NG24 3BASmith StreetBalderton£123,5009
NG24 3FLHolly MewsBalderton£128,4005

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