Housing Market Analysis for RED LANE, NG16 5BW

Are you looking to understand NG16 5BW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Broxtowe postcode.

For the location information and nearby amenities in the NG16 5BW area, explore the NG16 5BW Area information page.
For comprehensive crime statistics in the NG16 5BW area, explore the NG16 5BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG16 5BW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £327,667 median price is £305,000 Standard Deviation is £118,239 with Total Sold: 6
    • The Last 5 Year average price is £373,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 RED LANE: £570,000 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is 1 RED LANE: £176,000 (Sold on 18 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NG16 5BW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£570,000 £2,938 1
2018£300,000 £1,420 2
2003£310,000 £1,467 2
2024£176,0001

All the Sales in the RED LANE, NG16 5BW

See the table below for more details on the sold house prices in the NG16 5BW, Broxtowe postcode.

AddressSold DatePrice% Change
9 RED LANEDetached, FreeholdArea: 194 Sq.mtrAge: 2003-200626 Aug 2022£570,00090.00%
16 Apr 2018£300,000-3.23%
28 Nov 2003£310,000First Sale
11 RED LANEDetached, FreeholdArea: 232 Sq.mtrAge: 202116 Apr 2018£300,000-3.23%
28 Nov 2003£310,000First Sale
1 RED LANEDetached, Freehold18 Jun 2024£176,000First Sale

Check out the sold house prices near the NG16 5BW postcode. Properties currently for saleProperties currently for rent

RED LANE, NG16 5BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG16 5BW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG16 5BW postcode.

  • Detached
    • The average price is around £169,466 median price is £155,000 Standard Deviation is £99,129 with Total Sold: 347
    • The Last 5 Year average price is £273,388 with Total Sold: 53
    • The most recent sale happened at this postcode is , 19 BRYNSMOOR ROAD: £240,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 52 CHERRY TREE CLOSE: £40,000 (Sold on 18 Jan 1995)
  • Semi-Detached
    • The average price is around £114,009 median price is £112,500 Standard Deviation is £60,766 with Total Sold: 367
    • The Last 5 Year average price is £207,809 with Total Sold: 47
    • The most recent sale happened at this postcode is , 22 BROAD OAK DRIVE: £230,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 12 CLUMBER AVENUE: £33,000 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £273,742 median price is £235,950 Standard Deviation is £229,349 with Total Sold: 6
    • The Last 5 Year average price is £356,917 with Total Sold: 3
    • The most recent sale happened at this postcode is , YEW TREE INN, 51 CORDY LANE: £750,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 9 CLUMBER AVENUE: £65,800 (Sold on 15 May 2017)
  • Terraced
    • The average price is around £76,881 median price is £73,000 Standard Deviation is £53,114 with Total Sold: 113
    • The Last 5 Year average price is £158,071 with Total Sold: 14
    • The most recent sale happened at this postcode is , 74 MOOR ROAD: £420,000 (Sold on 28 Jul 2022)
    • The first recorded sale happened at this postcode is , 11 FRANCES STREET: £30,500 (Sold on 18 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,221 £2,945 5
2023£282,050 £3,149 10
2022£316,250 £2,914 12
2021£256,608 £2,541 18
2020£261,125 £2,271 8
2019£199,818 £2,445 11
2018£235,500 £2,105 12
2017£198,768 £2,542 11
2016£232,181 £2,221 13
2015£232,268 £2,176 11
2014£178,536 £1,859 14
2013£188,333 £2,021 9
2012£176,458 £1,861 13
2011£196,188 £1,892 8
2010£165,328 £1,650 9
2009£248,458 £1,750 6
2008£155,639 £1,478 9
2007£207,906 £1,774 16
2006£174,363 £1,565 15
2005£168,914 £1,536 7
2004£151,467 £1,698 18
2003£170,500 £1,419 13
2002£114,565 £1,040 13
2001£81,966 £928 16
2000£63,297 £782 17
1999£64,618 £769 14
1998£60,814 £717 11
1997£59,088 £709 16
1996£60,666 £707 6
1995£44,492 £393 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,333 £3,296 3
2023£223,000 £2,537 13
2022£206,773 £2,186 11
2021£214,818 £2,116 11
2020£169,056 £1,778 9
2019£155,375 £1,950 12
2018£157,397 £1,796 15
2017£136,071 £1,689 10
2016£140,466 £1,430 16
2015£138,115 £1,540 13
2014£130,342 £1,540 13
2013£106,473 £1,167 11
2012£120,920 £1,374 10
2011£112,679 £1,239 14
2010£120,205 £1,283 11
2009£111,050 £1,327 13
2008£128,425 £1,140 8
2007£131,261 £1,561 19
2006£123,405 £1,485 17
2005£100,206 £1,299 7
2004£97,503 £1,181 16
2003£95,162 £1,115 12
2002£68,788 £837 13
2001£52,081 £597 18
2000£46,036 £537 11
1999£44,835 £567 17
1998£46,200 £583 11
1997£41,689 £523 14
1996£40,600 £424 5
1995£43,518 £412 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,0001
2022£252,000 £4,200 1
2020£68,7501
2018£219,901 £1,788 1
2017£175,900 £739 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£207,500 £1,933 4
2021£142,625 £1,320 4
2020£135,417 £1,434 6
2019£135,500 £1,254 4
2018£112,000 £1,381 2
2017£101,462 £1,331 4
2016£90,000 £1,193 3
2015£105,583 £1,163 6
2013£66,417 £860 6
2012£86,250 £1,150 4
2011£52,500 £792 1
2009£96,633 £1,314 3
2008£91,000 £1,167 1
2007£108,500 £1,421 2
2006£97,857 £1,198 7
2005£69,852 £1,213 6
2004£44,500 £623 2
2003£72,500 £956 3
2002£55,190 £742 5
2001£40,191 £508 11
2000£29,374 £408 5
1999£37,975 £386 6
1998£30,090 £342 5
1997£25,643 £374 7
1996£31,000 £383 2
1995£27,500 £368 4

House Type in NG16 5BW area

The most common house types in the NG16 5BW postcode area are Semi-detached (77), Detached (34), and Terraced (14).

Total125
Semi-detached77
Detached34
Terraced14
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (50), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan50
Owned: Owns outright34
Social rented: Other social rented14
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency7
Shared ownership: Shared ownership5
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NG16 5BW have 2 people in household (43), and 1 person in household (35).

2 people in household43
1 person in household35
3 people in household24
4 people in household19
5 people in household4
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0