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Ruddington House Prices Ruddington House Prices

The average house price in Ruddington is £298,490 using HM Land Registry data.

The average property price increased by £139,166 (55.64%) over the last 5 years and increased by £27,814 (7.69%) over the last 12 months.

Over the last year, there were 95 residential property sales – a decrease of 171 transactions (-180.00%) relative to the previous year. The majority of house sales (21) were in the £302,000 - £358,000 range. Then came properties in the £246,000 - £302,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,565 (-1%).

In April 2024, there were 24 new estate agency instructions, 15 agreed home sales and 9 property price reductions.

Neighbouring Areas: Clifton (Nottinghamshire)

Postcodes Covered: NG11

5-Year Average Property Prices in Ruddington

55.64%

Property prices in Ruddington increased by 55.64% 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 Ruddington Over the Last Year

7.69%

Property prices in Ruddington increased by 7.69% 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 Ruddington - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Ruddington

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 Ruddington

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 Ruddington

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 Ruddington since 1995

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

Recent Property Sales in Ruddington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Apartment 5, Victoria Court, Clifton Road, Ruddington, Nottingham, Nottinghamshire, NG11 6DE£235,000£230,000-£5,00001 Nov 202328 Feb 2024119 Days
6 Fields Avenue, Ruddington, Nottingham, Nottinghamshire, NG11 6JH£255,000£243,500-£11,50019 Aug 202309 Feb 2024174 Days
29 Shrimpton Court, Ruddington, Nottingham, Nottinghamshire, NG11 6GY£215,000£215,000£0030 May 202324 Jan 2024239 Days
46 Sheepfold Lane, Ruddington, Nottingham, Nottinghamshire, NG11 6NS£250,000£245,000-£5,00031 Aug 202324 Jan 2024146 Days
102 Wilford Road, Ruddington, Nottingham, Nottinghamshire, NG11 6EY£310,000£300,000-£10,00019 Jul 202311 Dec 2023145 Days
24 Shrimpton Court, Ruddington, Nottingham, Nottinghamshire, NG11 6GY£250,000£250,000£0027 Jul 202307 Dec 2023133 Days
28 Ashworth Avenue, Ruddington, Nottingham, Nottinghamshire, NG11 6GB£300,000£292,500-£7,50012 Sep 202330 Nov 202379 Days
56 Old Station Drive, Ruddington, Nottingham, Nottinghamshire, NG11 6BZ£375,000£366,000-£9,00024 May 202322 Nov 2023182 Days
22 Grange Avenue, Ruddington, Nottingham, Nottinghamshire, NG11 6BD£375,000£372,500-£2,50017 Jul 202317 Nov 2023123 Days
15 Western Fields, Ruddington, Nottingham, Nottinghamshire, NG11 6JE£525,000£520,000-£5,00028 Apr 202331 Oct 2023186 Days
34 Cooper Gardens, Ruddington, Nottingham, Nottinghamshire, NG11 6AZ£155,000£154,000-£1,00022 Aug 202326 Oct 202365 Days
12 Abingdon Drive, Ruddington, Nottingham, Nottinghamshire, NG11 6FX£310,000£290,000-£20,00019 Jun 202312 Oct 2023115 Days
28 Wilford Crescent, Ruddington, Nottingham, Nottinghamshire, NG11 6EZ£200,000£198,000-£2,00005 Jul 202309 Oct 202396 Days
14 Charles Street, Ruddington, Nottingham, Nottinghamshire, NG11 6EF£260,000£255,000-£5,00029 Apr 202306 Oct 2023160 Days
6 Sandhurst Drive, Ruddington, Nottingham, Nottinghamshire, NG11 6HY£550,000£530,000-£20,00001 Mar 202329 Sep 2023212 Days
15 Shrimpton Court, Ruddington, Nottingham, Nottinghamshire, NG11 6GY£215,000£215,000£0028 Oct 202222 Sep 2023329 Days
5 Parkyns Street, Ruddington, Nottingham, Nottinghamshire, NG11 6ED£300,000£300,000£0017 Apr 202322 Sep 2023158 Days
30 Elms Close, Ruddington, Nottingham, Nottinghamshire, NG11 6NW£425,000£407,000-£18,00014 Feb 202330 Aug 2023197 Days
8 St Marys Crescent, Ruddington, Nottingham, Nottinghamshire, NG11 6FQ£220,000£211,000-£9,00015 Apr 202325 Aug 2023132 Days
17 Wilford Crescent, Ruddington, Nottingham, Nottinghamshire, NG11 6EZ£290,000£275,000-£15,00030 Mar 202321 Aug 2023144 Days

Most Expensive Streets in Ruddington

PostcodeStreetAreaAverageNo. of Sales
NG11 6DSManor ParkRuddington£673,2857
NG11 6NNKirk LaneRuddington£661,50012
NG11 6NYLoughborough RoadRuddington£640,0003
NG11 6RXMagpie CloseRuddington£509,9729
NG11 6JAMusters RoadRuddington£484,4827
NG11 6RUBunting DriveRuddington£456,37814
NG11 6JEWestern FieldsRuddington£445,0003
NG11 6SFLarkspur DriveRuddington£438,38720
NG11 6RRSkylark DriveRuddington£423,74219
NG11 6AFDavidson GardensRuddington£422,1254

Least Expensive Streets in Ruddington

PostcodeStreetAreaAverageNo. of Sales
NG11 6BBRufford WalkRuddington£145,1005
NG11 6EXSavages RowRuddington£171,9905
NG11 6LDWiddowsons RowRuddington£174,0003
NG11 6JLLeys RoadRuddington£177,6505
NG11 6AHBrettsil DriveRuddington£183,7508
NG11 6GGLing CrescentRuddington£187,6666
NG11 6GYShrimpton CourtRuddington£198,10010
NG11 6APSamson CourtRuddington£202,9378
NG11 6JTWheatley CloseRuddington£205,5004
NG11 6AZCooper GardensRuddington£208,93712

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