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Nuthall and Watnall House Prices Nuthall and Watnall House Prices

The average house price in Nuthall and Watnall is £382,500 using HM Land Registry data.

The average property price increased by £74,383 (32.23%) over the last 5 years and increased by £14,866 (5.12%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 29 transactions (-29.29%) relative to the previous year. The majority of house sales (23) were in the £180,000 - £232,000 range. Then came properties in the £232,000 - £284,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 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 17 new estate agency instructions, 11 agreed home sales and 6 property price reductions.

Neighbouring Areas: Kimberley, Nottingham

Postcodes Covered: NG16

5-Year Average Property Prices in Nuthall and Watnall

32.23%

Property prices in Nuthall and Watnall increased by 32.23% 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 Nuthall and Watnall Over the Last Year

5.12%

Property prices in Nuthall and Watnall increased by 5.12% 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 Nuthall and Watnall - 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 Nuthall and Watnall

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 Nuthall and Watnall

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 Nuthall and Watnall

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 Nuthall and Watnall since 1995

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

Recent Property Sales in Nuthall and Watnall

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Lime Close, Nuthall, Nottingham, Nottinghamshire, NG16 1FD£190,000£185,000-£5,00015 Sep 202326 Feb 2024164 Days
61 Chilton Drive, Watnall, Nottingham, Nottinghamshire, NG16 1JL£160,000£160,000£0010 Aug 202311 Jan 2024154 Days
3 Bishopdale Drive, Watnall, Nottingham, Nottinghamshire, NG16 1LE£375,000£370,000-£5,00012 Jul 202317 Nov 2023128 Days
87 Newdigate Road, Watnall, Nottingham, Nottinghamshire, NG16 1HN£400,000£388,000-£12,00030 Jun 202317 Nov 2023140 Days
26 Little Holland Gardens, Nuthall, Nottingham, Nottinghamshire, NG16 1AY£230,000£230,000£0025 May 202310 Nov 2023169 Days
3 Nottingham Road, Nuthall, Nottingham, Nottinghamshire, NG16 1DH£230,000£221,000-£9,00031 Jan 202330 Oct 2023272 Days
48 Nimbus Way, Watnall, Nottingham, Nottinghamshire, NG16 1FP£130,000£127,500-£2,50007 Jul 202330 Oct 2023115 Days
20 Highfield Road, Nuthall, Nottingham, Nottinghamshire, NG16 1BS£286,000£286,000£0018 Oct 202330 Oct 202312 Days
20 Stannier Way, Watnall, Nottingham, Nottinghamshire, NG16 1GL£240,000£235,000-£5,00021 Jun 202326 Oct 2023127 Days
29 Assarts Road, Nuthall, Nottingham, Nottinghamshire, NG16 1AP£300,000£293,000-£7,00011 Jul 202325 Oct 2023106 Days
33 Holly Road, Watnall, Nottingham, Nottinghamshire, NG16 1HP£425,000£415,000-£10,00030 May 202320 Oct 2023143 Days
31 Highfield Road, Nuthall, Nottingham, Nottinghamshire, NG16 1BQ£400,000£398,500-£1,50026 May 202320 Oct 2023147 Days
2 Chilton Drive, Watnall, Nottingham, Nottinghamshire, NG16 1HL£280,000£280,000£0005 Aug 202319 Oct 202375 Days
1 Ivy Close, Watnall, Nottingham, Nottinghamshire, NG16 1JD£280,000£275,000-£5,00023 Jun 202312 Oct 2023111 Days
1 Spring Terrace, Nuthall, Nottingham, Nottinghamshire, NG16 1DJ£175,000£167,500-£7,50028 Apr 202326 Sep 2023151 Days
4 Farringdon Close, Nuthall, Nottingham, Nottinghamshire, NG16 1QB£475,000£465,000-£10,00020 Feb 202325 Sep 2023217 Days
14 Northolt Drive, Nuthall, Nottingham, Nottinghamshire, NG16 1QX£425,000£417,500-£7,50031 Jan 202325 Sep 2023237 Days
18 Sedley Avenue, Nuthall, Nottingham, Nottinghamshire, NG16 1EN£230,000£230,000£0023 Jun 202325 Sep 202394 Days
39 Queens Drive, Nuthall, Nottingham, Nottinghamshire, NG16 1EG£300,000£295,000-£5,00018 Apr 202315 Sep 2023150 Days
30 The Paddocks, Nuthall, Nottingham, Nottinghamshire, NG16 1DR£400,000£400,000£0020 Apr 202301 Sep 2023134 Days

Most Expensive Streets in Nuthall and Watnall

PostcodeStreetAreaAverageNo. of Sales
NG16 1DTWatnall RoadNuthall£493,3333
NG16 1QEMornington CrescentNuthall£424,1663
NG16 1DAKimberley RoadNuthall£413,1427
NG16 1QDGunnersbury WayNuthall£401,1427
NG16 1HTMain RoadWatnall£376,4287
NG16 1ABNottingham RoadNuthall£376,2504
NG16 1LEBishopdale DriveWatnall£373,0004
NG16 1QRBurnt Oak CloseNuthall£369,0003
NG16 1FYDeeley CloseWatnall£362,0005
NG16 1RDKnightsbridge DriveNuthall£361,0005

Least Expensive Streets in Nuthall and Watnall

PostcodeStreetAreaAverageNo. of Sales
NG16 1LBRiddles CourtWatnall£99,3378
NG16 1EQKeats CloseNuthall£118,0003
NG16 1EYAsh CrescentNuthall£118,6005
NG16 1FLAsh CrescentNuthall£147,2506
NG16 1JNHillcrest CloseWatnall£149,0003
NG16 1ESShelley CloseNuthall£155,6663
NG16 1JLChilton DriveWatnall£155,8836
NG16 1LJWoodland CloseWatnall£159,5003
NG16 1EWLaurel CrescentNuthall£166,5009
NG16 1EFHazel DriveNuthall£172,4166

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