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Wilford House Prices Wilford House Prices

The average house price in Wilford is £340,037 using HM Land Registry data.

The average property price increased by £67,521 (27.8%) over the last 5 years and increased by £13,495 (4.54%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 20 transactions (-29.41%) relative to the previous year. The majority of house sales (15) were in the £260,000 - £310,000 range. Then came properties in the £210,000 - £260,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,153 (-1%).

In April 2024, there were 12 new estate agency instructions, 7 agreed home sales and 2 property price reductions.

Neighbouring Areas: Nottingham, West Bridgford, Clifton (Nottinghamshire)

Postcodes Covered: NG11, NG2

5-Year Average Property Prices in Wilford

27.8%

Property prices in Wilford increased by 27.8% 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 Wilford Over the Last Year

4.54%

Property prices in Wilford increased by 4.54% 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 Wilford - 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 Wilford

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 Wilford

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 Wilford

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 Wilford since 1995

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

Recent Property Sales in Wilford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Somerton Avenue, Nottingham, City Of Nottingham, NG11 7FD£249,950£245,000-£4,95029 Sep 202331 Jan 2024124 Days
23 Garsdale Drive, Nottingham, City Of Nottingham, NG11 7DZ£290,000£277,000-£13,00019 May 202319 Dec 2023214 Days
3 Chaceley Way, Nottingham, City Of Nottingham, NG11 7EG£325,000£318,000-£7,00003 Apr 202317 Nov 2023228 Days
192 Ruddington Lane, Nottingham, City Of Nottingham, NG11 7DP£290,000£264,000-£26,00009 Aug 202302 Nov 202385 Days
18a, Launceston Crescent, Nottingham, City Of Nottingham, NG11 7DN£375,000£365,000-£10,00020 Jun 202331 Oct 2023133 Days
8 Gisburn Close, Nottingham, City Of Nottingham, NG11 7EX£210,000£200,000-£10,00028 Feb 202313 Oct 2023227 Days
9 Ashwick Close, Nottingham, City Of Nottingham, NG11 7EZ£235,000£227,500-£7,50020 Mar 202329 Sep 2023193 Days
27 Chaceley Way, Nottingham, City Of Nottingham, NG11 7EG£285,000£277,000-£8,00012 May 202325 Sep 2023136 Days
193 Ruddington Lane, Nottingham, City Of Nottingham, NG11 7BY£275,000£265,000-£10,00010 Mar 202320 Sep 2023194 Days
32 Brierfield Avenue, Nottingham, City Of Nottingham, NG11 7DA£170,000£165,000-£5,00025 May 202315 Sep 2023113 Days
47 Westerfield Way, Nottingham, City Of Nottingham, NG11 7ET£240,000£240,000£0016 Mar 202324 Aug 2023161 Days
11 Lythe Close, Nottingham, City Of Nottingham, NG11 7FS£365,000£357,000-£8,00017 Feb 202321 Jul 2023154 Days
30 Bradbourne Avenue, Nottingham, City Of Nottingham, NG11 7BL£320,000£310,000-£10,00021 Jan 202311 Jul 2023171 Days
36 St Mawes Avenue, Nottingham, City Of Nottingham, NG11 7BW£340,000£330,000-£10,00023 Jan 202330 Jun 2023158 Days
7 Grazingfield, Nottingham, City Of Nottingham, NG11 7FN£260,000£260,000£0009 Feb 202323 Jun 2023134 Days
11 Scarf Walk, Wilford, Nottingham, City Of Nottingham, NG11 7DH£250,000£240,000-£10,00016 Nov 202219 Jun 2023215 Days
6 Lucerne Close, Nottingham, City Of Nottingham, NG11 7BB£140,000£137,000-£3,00007 Jan 202302 Jun 2023146 Days
2 Rowan Drive, Nottingham, City Of Nottingham, NG11 7FQ£265,000£265,000£0008 Mar 202312 May 202365 Days
19 Newholm Drive, Nottingham, City Of Nottingham, NG11 7FR£240,000£230,000-£10,00019 Oct 202206 Apr 2023169 Days
73 Westerfield Way, Nottingham, City Of Nottingham, NG11 7ET£260,000£255,000-£5,00007 Sep 202224 Mar 2023198 Days

Most Expensive Streets in Wilford

PostcodeStreetAreaAverageNo. of Sales
NG11 7AJMain RoadWilford£536,6663
NG11 7EQChancery CourtWilford£448,0003
NG11 7AAMain RoadWilford£416,0003
NG11 7HHKenny AvenueNottingham£400,5005
NG11 7APMain RoadWilford£393,1254
NG11 7BGRuddington LaneNottingham£380,6666
NG11 7GXHalfpenny WalkNottingham£358,0005
NG11 7ASMaplestead AvenueNottingham£355,5005
NG11 7FZBarnes CloseNottingham£351,6663
NG11 7BTSt Austell DriveNottingham£343,7504

Least Expensive Streets in Wilford

PostcodeStreetAreaAverageNo. of Sales
NG11 7FYMedbank CourtNottingham£136,3927
NG11 7BRManor House CloseWilford£168,7505
NG11 7GDDeane RoadNottingham£170,3339
NG11 7HAClaypit WalkNottingham£178,4754
NG11 7DABrierfield AvenueNottingham£198,5009
NG11 7GUWilberforce RoadNottingham£208,1128
NG11 7FTSlaidburn AvenueNottingham£216,8336
NG11 7GQDeane RoadNottingham£219,28025
NG11 7FDSomerton AvenueNottingham£221,6666
NG11 7AXWilford LaneWilford£223,6663

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