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Keyworth House Prices Keyworth House Prices

The average house price in Keyworth is £272,600 using HM Land Registry data.

The average property price increased by £128,095 (49.69%) over the last 5 years and increased by £25,601 (7.11%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 83 transactions (-73.45%) relative to the previous year. The majority of house sales (30) were in the £200,000 - £262,000 range. Then came properties in the £262,000 - £324,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 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 21 new estate agency instructions, 14 agreed home sales and 8 property price reductions.

Postcodes Covered: NG12

5-Year Average Property Prices in Keyworth

49.69%

Property prices in Keyworth increased by 49.69% 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 Keyworth Over the Last Year

7.11%

Property prices in Keyworth increased by 7.11% 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 Keyworth - 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 Keyworth

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 Keyworth

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 Keyworth

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 Keyworth since 1995

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

Recent Property Sales in Keyworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Nottingham Road, Keyworth, Nottingham, Nottinghamshire, NG12 5GS£185,000£175,000-£10,00010 Jul 202001 Mar 20241330 Days
16 High View Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5EL£260,000£255,000-£5,00007 Sep 202309 Feb 2024155 Days
14 Lowlands Drive, Keyworth, Nottingham, Nottinghamshire, NG12 5HG£310,000£310,000£0002 Sep 202326 Jan 2024146 Days
17 Rancliffe Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5HY£650,000£645,000-£5,00025 Apr 202303 Jan 2024253 Days
12 Elm Close, Keyworth, Nottingham, Nottinghamshire, NG12 5AP£270,000£260,000-£10,00013 Sep 202320 Dec 202398 Days
2 Rowan Drive, Keyworth, Nottingham, Nottinghamshire, NG12 5DR£215,000£212,000-£3,00011 Oct 202320 Dec 202370 Days
3 Debdale Lane, Keyworth, Nottingham, Nottinghamshire, NG12 5HT£240,000£210,500-£29,50028 Jul 202313 Dec 2023138 Days
8 Thelda Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5HU£365,000£362,000-£3,00006 Oct 202308 Dec 202363 Days
15 Lyncombe Gardens, Keyworth, Nottingham, Nottinghamshire, NG12 5FZ£475,000£475,000£0013 Jul 202308 Dec 2023148 Days
2a, Thelda Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5HU£275,000£270,000-£5,00015 Sep 202301 Dec 202377 Days
174 Mount Pleasant, Keyworth, Nottingham, Nottinghamshire, NG12 5ET£350,000£347,000-£3,00028 Apr 202317 Nov 2023203 Days
Cheriton, Thelda Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5HU£650,000£360,000-£290,00007 Nov 202224 Oct 2023351 Days
14 Rowan Drive, Keyworth, Nottingham, Nottinghamshire, NG12 5DR£260,000£248,000-£12,00029 Jun 202318 Oct 2023111 Days
31 Hayes Road, Keyworth, Nottingham, Nottinghamshire, NG12 5LJ£220,000£207,500-£12,50003 Apr 202313 Oct 2023193 Days
20 Dale Road, Keyworth, Nottingham, Nottinghamshire, NG12 5HS£325,000£325,000£0005 May 202311 Oct 2023159 Days
23 Normanton Lane, Keyworth, Nottingham, Nottinghamshire, NG12 5HB£350,000£320,000-£30,00029 Jun 202309 Oct 2023102 Days
169 Mount Pleasant, Keyworth, Nottingham, Nottinghamshire, NG12 5ES£265,000£260,000-£5,00016 May 202329 Sep 2023136 Days
37 Beech Avenue, Keyworth, Nottingham, Nottinghamshire, NG12 5DE£240,000£240,000£0017 May 202329 Sep 2023135 Days
3 Ash Grove, Keyworth, Nottingham, Nottinghamshire, NG12 5DH£425,000£420,000-£5,00008 Aug 202329 Sep 202352 Days
79b, Nottingham Road, Keyworth, Nottingham, Nottinghamshire, NG12 5GS£275,000£260,000-£15,00007 Apr 202315 Sep 2023161 Days

Most Expensive Streets in Keyworth

PostcodeStreetAreaAverageNo. of Sales
NG12 5BJStanton LaneStanton On The Wolds£982,4005
NG12 5LXPark RoadKeyworth£769,5004
NG12 5EBNicker HillKeyworth£702,75713
NG12 5HYRancliffe AvenueKeyworth£694,2005
NG12 5LYHigh Court DriveKeyworth£685,0003
NG12 5AQSelby LaneKeyworth£647,9166
NG12 5BLStanton MewsStanton On The Wolds£588,3333
NG12 5JHHillcrest RoadKeyworth£517,0005
NG12 5SXLittlewood CourtKeyworth£505,4504
NG12 5STWesterdale DriveKeyworth£494,47123

Least Expensive Streets in Keyworth

PostcodeStreetAreaAverageNo. of Sales
NG12 5EUFeignies CourtKeyworth£129,2857
NG12 5NFWoodleighKeyworth£142,6619
NG12 5AXWindmill CourtKeyworth£149,60010
NG12 5GLManor RoadKeyworth£175,8336
NG12 5NGSpinney RoadKeyworth£179,5059
NG12 5LDCroft RoadKeyworth£184,90911
NG12 5ADMain StreetKeyworth£188,6427
NG12 5LGPlantation RoadKeyworth£197,5004
NG12 5LJHayes RoadKeyworth£199,4729
NG12 5LHPlantation RoadKeyworth£200,7504

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