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Edwalton House Prices Edwalton House Prices

The average house price in Edwalton is £626,500 using HM Land Registry data.

The average property price increased by £102,693 (26.17%) over the last 5 years and increased by £20,524 (4.33%) over the last 12 months.

Over the last year, there were 48 residential property sales – a decrease of 101 transactions (-210.42%) relative to the previous year. The majority of house sales (17) were in the £250,000 - £406,000 range. Then came properties in the £406,000 - £562,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,288 (-2%).

In April 2024, there were 11 new estate agency instructions, 7 agreed home sales and 5 property price reductions.

Neighbouring Areas: West Bridgford

Postcodes Covered: NG12

5-Year Average Property Prices in Edwalton

26.17%

Property prices in Edwalton increased by 26.17% 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 Edwalton Over the Last Year

4.33%

Property prices in Edwalton increased by 4.33% 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 Edwalton - 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 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 Edwalton

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 Edwalton

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 Edwalton

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 Edwalton since 1995

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

Recent Property Sales in Edwalton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Belfry Way, Edwalton, Nottingham, Nottinghamshire, NG12 4FA£625,000£610,000-£15,00009 Jan 202423 Jan 202414 Days
The Shielings, Highgrove Gardens, Edwalton, Nottingham, Nottinghamshire, NG12 4DF£1,300,000£1,225,000-£75,00014 Jun 202324 Nov 2023163 Days
4 Village Close, Edwalton, Nottingham, Nottinghamshire, NG12 4AD£380,000£380,000£0027 Jun 202303 Nov 2023129 Days
3 Wentworth Way, Edwalton, Nottingham, Nottinghamshire, NG12 4DJ£600,000£570,000-£30,00019 May 202302 Nov 2023167 Days
5 Wellin Lane, Edwalton, Nottingham, Nottinghamshire, NG12 4AS£500,000£500,000£0026 May 202316 Oct 2023143 Days
2 Hollies Drive, Edwalton, Nottingham, Nottinghamshire, NG12 4BZ£650,000£625,000-£25,00017 Jul 202306 Oct 202381 Days
12 Hollies Drive, Edwalton, Nottingham, Nottinghamshire, NG12 4BZ£1,750,000£1,650,000-£100,00030 Jun 202306 Oct 202398 Days
2 Hill Farm Court, Edwalton, Nottingham, Nottinghamshire, NG12 4DP£3,700,000£3,200,000-£500,00021 Jul 202211 Aug 2023386 Days
32 Melton Gardens, Edwalton, Nottingham, Nottinghamshire, NG12 4BJ£485,000£472,500-£12,50022 Oct 202207 Jul 2023258 Days
68 Wellin Lane, Edwalton, Nottingham, Nottinghamshire, NG12 4AH£795,000£795,000£0001 Oct 202203 May 2023214 Days
10 Manor Close, Edwalton, Nottingham, Nottinghamshire, NG12 4BH£775,000£768,000-£7,00028 Oct 202203 Mar 2023126 Days
6 Hill Farm Court, Edwalton, Nottingham, Nottinghamshire, NG12 4DP£575,000£560,000-£15,00026 May 202210 Feb 2023260 Days
22 Edwalton Lodge Close, Edwalton, Nottingham, Nottinghamshire, NG12 4DT£750,000£713,500-£36,50023 Jun 202220 Dec 2022180 Days
22 Melton Gardens, Edwalton, Nottingham, Nottinghamshire, NG12 4BJ£475,000£465,000-£10,00008 Sep 202219 Dec 2022102 Days
11 Croft Road, Edwalton, Nottingham, Nottinghamshire, NG12 4BW£2,995,000£2,887,500-£107,50027 May 202217 Oct 2022143 Days
41 Hallfields, Edwalton, Nottingham, Nottinghamshire, NG12 4AA£750,000£750,000£0030 Mar 202230 Sep 2022184 Days
15 Highgrove Gardens, Edwalton, Nottingham, Nottinghamshire, NG12 4DF£890,000£890,000£0007 Apr 202226 Jul 2022110 Days
3 Birkdale Close, Edwalton, Nottingham, Nottinghamshire, NG12 4FB£825,000£800,000-£25,00013 Jun 202215 Jul 202232 Days
40 Woodview, Edwalton, Nottingham, Nottinghamshire, NG12 4AX£265,000£260,000-£5,00016 Feb 202224 Jun 2022128 Days
32 Croft Road, Edwalton, Nottingham, Nottinghamshire, NG12 4BW£1,800,000£1,690,000-£110,00006 Oct 202124 Jun 2022261 Days

Most Expensive Streets in Edwalton

PostcodeStreetAreaAverageNo. of Sales
NG12 4DPHill Farm CourtEdwalton£2,226,6663
NG12 4BWCroft RoadEdwalton£1,694,2615
NG12 4ABVillage StreetEdwalton£1,080,0006
NG12 4BZHollies DriveEdwalton£1,062,2968
NG12 4DFHighgrove GardensEdwalton£1,039,0004
NG12 4DDMelton RoadEdwalton£1,033,0007
NG12 4BXFirs RoadEdwalton£993,2504
NG12 4BYFirs RoadEdwalton£922,5004
NG12 4AGMelton RoadEdwalton£768,0005
NG12 4FBBirkdale CloseEdwalton£748,3333

Least Expensive Streets in Edwalton

PostcodeStreetAreaAverageNo. of Sales
NG12 4ATAlford RoadEdwalton£206,2504
NG12 4AWWoodviewEdwalton£225,5005
NG12 4BBGreenacreEdwalton£234,7005
NG12 4BDGreenacreEdwalton£241,1663
NG12 4BEGreenacreEdwalton£244,1005
NG12 4GTPlane RoadEdwalton£244,7506
NG12 4JURobinson CloseEdwalton£245,04718
NG12 4BASharphill RoadEdwalton£264,2504
NG12 4AXWoodviewEdwalton£270,3577
NG12 4AUAlford RoadEdwalton£281,5004

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