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Eastwood House Prices Eastwood House Prices

The average house price in Eastwood is £215,311 using HM Land Registry data.

The average property price increased by £70,600 (41.96%) over the last 5 years and increased by £14,110 (6.28%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 188 transactions (-101.62%) relative to the previous year. The majority of house sales (38) were in the £220,000 - £250,000 range. Then came properties in the £190,000 - £220,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,366 (-2%).

In April 2024, there were 42 new estate agency instructions, 27 agreed home sales and 19 property price reductions.

Neighbouring Areas: Heanor, Kimberley

Postcodes Covered: NG16

5-Year Average Property Prices in Eastwood

41.96%

Property prices in Eastwood increased by 41.96% 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 Eastwood Over the Last Year

6.28%

Property prices in Eastwood increased by 6.28% 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 Eastwood - 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 Eastwood

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 Eastwood

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 Eastwood

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 Eastwood since 1995

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

Recent Property Sales in Eastwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Ratcliffe Street, Eastwood, Nottingham, Nottinghamshire, NG16 3BN£260,000£255,000-£5,00018 Aug 202308 Mar 2024203 Days
38 Dovecote Road, Eastwood, Nottingham, Nottinghamshire, NG16 3EZ£260,000£240,000-£20,00001 Feb 202323 Feb 2024387 Days
3 Fleetway Close, Newthorpe, Nottingham, Nottinghamshire, NG16 2AS£200,000£200,000£0002 Aug 202309 Feb 2024191 Days
222 Main Street, Newthorpe, Nottingham, Nottinghamshire, NG16 2DG£325,000£310,000-£15,00013 Oct 202205 Jan 2024449 Days
25 Giltbrook Crescent, Giltbrook, Nottingham, Nottinghamshire, NG16 2GH£200,000£185,000-£15,00010 Jun 202319 Dec 2023192 Days
373 Nottingham Road, Newthorpe, Nottingham, Nottinghamshire, NG16 2EB£259,950£259,950£0006 Jun 202308 Dec 2023185 Days
33 Rolleston Drive, Newthorpe, Nottingham, Nottinghamshire, NG16 2BA£350,000£343,168-£6,83220 Jun 202305 Dec 2023168 Days
8 Bacon Close, Giltbrook, Nottingham, Nottinghamshire, NG16 2UW£275,000£275,000£0020 Jun 202330 Nov 2023163 Days
5 Acorn Avenue, Giltbrook, Nottingham, Nottinghamshire, NG16 2UF£220,000£220,000£0029 Jun 202317 Nov 2023141 Days
20 Garden Road, Eastwood, Nottingham, Nottinghamshire, NG16 3FW£150,000£140,000-£10,00012 Jun 202316 Nov 2023157 Days
2 Morden Road, Giltbrook, Nottingham, Nottinghamshire, NG16 2WA£230,000£225,000-£5,00004 May 202309 Nov 2023189 Days
120 Greenhills Road, Eastwood, Nottingham, Nottinghamshire, NG16 3FR£180,000£180,000£0014 Sep 202307 Nov 202354 Days
36 Rolleston Drive, Newthorpe, Nottingham, Nottinghamshire, NG16 2BD£280,000£260,000-£20,00027 Apr 202303 Nov 2023190 Days
26 Brook Close, Newthorpe, Nottingham, Nottinghamshire, NG16 2DU£240,000£235,000-£5,00006 Apr 202331 Oct 2023208 Days
18 Ludlam Avenue, Giltbrook, Nottingham, Nottinghamshire, NG16 2UL£230,000£223,000-£7,00002 Jun 202330 Oct 2023150 Days
51 Garden Road, Eastwood, Nottingham, Nottinghamshire, NG16 3FY£220,000£220,000£0027 Jun 202326 Oct 2023121 Days
35 Coach Drive, Eastwood, Nottingham, Nottinghamshire, NG16 3DR£300,000£300,000£0014 Jun 202326 Oct 2023134 Days
11 Wenlock Close, Giltbrook, Nottingham, Nottinghamshire, NG16 2WF£220,000£217,500-£2,50019 May 202325 Oct 2023159 Days
5 Thorn Drive, Newthorpe, Nottingham, Nottinghamshire, NG16 2BH£200,000£192,000-£8,00020 Jul 202323 Oct 202395 Days
25 Garner Road, Giltbrook, Nottingham, Nottinghamshire, NG16 2WT£260,000£260,000£0026 Jun 202316 Oct 2023112 Days

Most Expensive Streets in Eastwood

PostcodeStreetAreaAverageNo. of Sales
NG16 2FDMoorgreenNewthorpe£447,5007
NG16 2FBMoorgreenNewthorpe£385,3336
NG16 2GDHilltop RiseNewthorpe£353,18111
NG16 2EUMain StreetNewthorpe£343,3333
NG16 2WNAlton DriveGiltbrook£337,62518
NG16 2WJAcorn AvenueGiltbrook£332,9105
NG16 3SDPlaxton CloseNewthorpe£314,99214
NG16 2EZBeauvaleNewthorpe£312,0003
NG16 3QNDovecote RoadNewthorpe£307,8333
NG16 2FEMoorgreenNewthorpe£303,1254

Least Expensive Streets in Eastwood

PostcodeStreetAreaAverageNo. of Sales
NG16 3RABlackthorn DriveEastwood£97,0006
NG16 2YNBettison HouseWessex Drive£104,3333
NG16 3TYVictory CloseEastwood£108,5003
NG16 3FELynncroftEastwood£108,7779
NG16 3BBWellington StreetEastwood£112,1005
NG16 3PPRyemere CloseEastwood£113,3333
NG16 3BLBishop StreetEastwood£114,6119
NG16 3FRGreenhills RoadEastwood£118,0009
NG16 3ASPrinces StreetEastwood£118,7504
NG16 3AYScargill WalkEastwood£119,3333

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