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kimberley House Prices Kimberley House Prices

The average house price in Kimberley is £175,000 using HM Land Registry data.

The average property price increased by £52,872 (30.09%) over the last 5 years and increased by £10,567 (4.85%) over the last 12 months.

Over the last year, there were 70 residential property sales – a decrease of 14 transactions (-20.00%) relative to the previous year. The majority of house sales (22) were in the £150,000 - £190,000 range. Then came properties in the £230,000 - £270,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 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 10 new estate agency instructions, 16 agreed home sales and 10 property price reductions.

Neighbouring Areas: Eastwood, Nuthall and Watnall

Postcodes Covered: NG16

5-Year Average Property Prices in Kimberley

30.09%

Property prices in Kimberley increased by 30.09% 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 Kimberley Over the Last Year

4.85%

Property prices in Kimberley increased by 4.85% 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 Kimberley - 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 Kimberley

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 Kimberley

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 Kimberley

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 Kimberley since 1995

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

Recent Property Sales in Kimberley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Rock Side, Kimberley, Nottingham, Nottinghamshire, NG16 2JP£160,000£157,500-£2,50012 Aug 202315 Jan 2024156 Days
35 Noel Street, Kimberley, Nottingham, Nottinghamshire, NG16 2NF£185,000£178,000-£7,00022 Jun 202320 Dec 2023181 Days
17 Newdigate Street, Kimberley, Nottingham, Nottinghamshire, NG16 2NJ£175,000£175,000£0020 Jul 202324 Nov 2023127 Days
18 Broxtowe Avenue, Kimberley, Nottingham, Nottinghamshire, NG16 2HN£180,000£180,000£0017 May 202323 Oct 2023159 Days
95 Nottingham Road, Kimberley, Nottingham, Nottinghamshire, NG16 2ND£240,000£240,000£0022 May 202329 Sep 2023130 Days
8 Broxtowe Avenue, Kimberley, Nottingham, Nottinghamshire, NG16 2HN£220,000£220,000£0029 Jun 202325 Sep 202388 Days
56 Noel Street, Kimberley, Nottingham, Nottinghamshire, NG16 2NE£180,000£180,000£0022 Mar 202322 Sep 2023184 Days
11 Goodwin Drive, Kimberley, Nottingham, Nottinghamshire, NG16 2GR£180,000£165,000-£15,00013 Jul 202315 Sep 202364 Days
3 Greens Lane, Kimberley, Nottingham, Nottinghamshire, NG16 2PB£325,000£310,000-£15,00003 Mar 202315 Sep 2023196 Days
8 Station Road, Kimberley, Nottingham, Nottinghamshire, NG16 2NR£375,000£375,000£0015 May 202313 Sep 2023121 Days
19 Sidney Street, Kimberley, Nottingham, Nottinghamshire, NG16 2LQ£380,000£350,000-£30,00010 Nov 202208 Sep 2023302 Days
20 Truman Street, Kimberley, Nottingham, Nottinghamshire, NG16 2HA£210,000£205,000-£5,00021 Jun 202305 Sep 202376 Days
7 Victoria Street, Kimberley, Nottingham, Nottinghamshire, NG16 2NH£160,000£155,000-£5,00023 Feb 202321 Aug 2023179 Days
17 Brewery Street, Kimberley, Nottingham, Nottinghamshire, NG16 2JS£350,000£350,000£0016 Mar 202318 Aug 2023155 Days
14 Dorchester Road, Kimberley, Nottingham, Nottinghamshire, NG16 2TN£155,000£155,000£0001 Jun 202318 Aug 202378 Days
1 Rock Side, Kimberley, Nottingham, Nottinghamshire, NG16 2JP£190,000£185,500-£4,50010 Jan 202317 Aug 2023219 Days
10 Norman Street, Kimberley, Nottingham, Nottinghamshire, NG16 2LA£280,000£270,000-£10,00003 Nov 202216 Aug 2023286 Days
22 Chapter Drive, Kimberley, Nottingham, Nottinghamshire, NG16 2QD£400,000£400,000£0003 Apr 202304 Aug 2023123 Days
7 Broomhill Road, Kimberley, Nottingham, Nottinghamshire, NG16 2LZ£300,000£300,000£0022 Nov 202203 Aug 2023254 Days
26 Cliff Boulevard, Kimberley, Nottingham, Nottinghamshire, NG16 2LB£200,000£200,000£0007 Mar 202321 Jul 2023136 Days

Most Expensive Streets in Kimberley

PostcodeStreetAreaAverageNo. of Sales
NG16 2GPRuby PaddocksKimberley£325,0003
NG16 2TPBayswater RoadKimberley£320,8333
NG16 2QDChapter DriveKimberley£302,2374
NG16 2TSStirling GroveKimberley£290,0003
NG16 2TFSeamer RoadKimberley£268,6663
NG16 2PATroon CloseKimberley£268,3333
NG16 2QFStocks RoadKimberley£266,6878
NG16 2HBGlenfield AvenueKimberley£266,5003
NG16 2PLBarley CloseKimberley£265,80010
NG16 2YSBrewhouse MewsKimberley£265,50010

Least Expensive Streets in Kimberley

PostcodeStreetAreaAverageNo. of Sales
NG16 2JBMaws LaneKimberley£110,0559
NG16 2HEJubilee StreetKimberley£113,3339
NG16 2NENoel StreetKimberley£123,2508
NG16 2NHVictoria StreetKimberley£127,54613
NG16 2NFNoel StreetKimberley£134,22512
NG16 2NPChapel StreetKimberley£135,2504
NG16 2LPJames StreetKimberley£136,8577
NG16 2LDHigh SpanniaKimberley£141,6663
NG16 2HFEastwood RoadKimberley£152,6663
NG16 2HDLawn Mills RoadKimberley£152,7504

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