Housing Market Analysis for WESTMORLAND WAY, NG16 5LY

Are you looking to understand NG16 5LY 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 Ashfield postcode.

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

Overview of Sold House prices

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

Detached
- The average price is around £110,000 median price is £115,000 Standard Deviation is £48,541 with Total Sold: 15
- The Last 5 Year average price is £178,750 with Total Sold: 2
- The most recent sale happened at this postcode is 7 WESTMORLAND WAY: £170,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 11 WESTMORLAND WAY: £52,000 (Sold on 16 Jan 1998)
Semi-Detached
- The average price is around £99,167 median price is £114,500 Standard Deviation is £49,847 with Total Sold: 12
- The Last 5 Year average price is £181,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 WESTMORLAND WAY: £190,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 53 WESTMORLAND WAY: £38,500 (Sold on 09 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NG16 5LY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£170,000		1
2020	£187,500	£2,568	1
2017	£136,000	£2,345	1
2013	£80,000		1
2011	£195,000	£1,390	1
2007	£131,500	£2,121	2
2005	£124,750		2
2002	£79,000	£1,289	2
2001	£56,500	£974	1
1999	£47,500		1
1998	£53,500		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000		1
2021	£173,000	£2,403	1
2016	£128,000	£1,855	1
2007	£115,000	£1,631	2
2006	£117,500		2
2002	£63,500		1
1999	£43,000		2
1998	£46,000		1
1995	£38,500		1

All the Sales in the WESTMORLAND WAY, NG16 5LY

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

Address	Sold Date	Price	% Change
7 WESTMORLAND WAYDetached, Freehold	28 Oct 2022	£170,000	25.00%
	11 Sep 2017	£136,000	10.57%
	30 Mar 2007	£123,000	117.70%
	13 Feb 2001	£56,500	First Sale
15 WESTMORLAND WAYSemi-Detached, Freehold	26 Jul 2024	£190,000	48.44%
	14 Oct 2016	£128,000	14.29%
	26 Jan 2007	£112,000	First Sale
41 WESTMORLAND WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1976-1982	03 Dec 2021	£173,000	46.61%
	30 Nov 2007	£118,000	First Sale
47 WESTMORLAND WAYDetached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	07 Feb 2020	£187,500	113.07%
	05 Jul 2002	£88,000	First Sale
9 WESTMORLAND WAYDetached, Freehold	26 Apr 2013	£80,000	First Sale
31 WESTMORLAND WAYDetached, FreeholdArea: 140.31 Sq.mtrAge: 1983-1990	27 May 2011	£195,000	First Sale
37 WESTMORLAND WAYDetached, Freehold	22 Nov 2007	£140,000	First Sale
55 WESTMORLAND WAYSemi-Detached, Freehold	05 Jun 2006	£117,000	First Sale
51 WESTMORLAND WAYSemi-Detached, Freehold	27 Jan 2006	£118,000	180.95%
51 WESTMORLAND WAYSemi-Detached, Freehold	25 Jun 1999	£42,000	First Sale
33 WESTMORLAND WAYDetached, Leasehold	09 Nov 2005	£134,500	First Sale
1 WESTMORLAND WAYDetached, Freehold	08 Apr 2005	£115,000	First Sale
5 WESTMORLAND WAYDetached, FreeholdArea: 51 Sq.mtrAge: 1983-1990	22 Nov 2002	£70,000	First Sale
49 WESTMORLAND WAYSemi-Detached, Freehold	19 Apr 2002	£63,500	38.04%
49 WESTMORLAND WAYSemi-Detached, Freehold	05 Jun 1998	£46,000	First Sale
39 WESTMORLAND WAYDetached, Freehold	06 Aug 1999	£47,500	First Sale
53 WESTMORLAND WAYSemi-Detached, Freehold	12 Feb 1999	£44,000	14.29%
53 WESTMORLAND WAYSemi-Detached, Freehold	09 Oct 1995	£38,500	First Sale
45 WESTMORLAND WAYDetached, Freehold	05 Jun 1998	£55,000	First Sale
11 WESTMORLAND WAYDetached, Freehold	16 Jan 1998	£52,000	First Sale

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

WESTMORLAND WAY, NG16 5LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG16 5LY 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 5LY postcode.

Semi-Detached
- The average price is around £93,744 median price is £90,000 Standard Deviation is £47,923 with Total Sold: 444
- The Last 5 Year average price is £154,289 with Total Sold: 61
- The most recent sale happened at this postcode is , 15 WESTMORLAND WAY: £190,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 9 ALBERT AVENUE: £15,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £123,026 median price is £115,000 Standard Deviation is £72,052 with Total Sold: 399
- The Last 5 Year average price is £207,450 with Total Sold: 40
- The most recent sale happened at this postcode is , 47 DIXIE STREET: £245,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 6 WILTSHIRE AVENUE: £76,950 (Sold on 11 Jan 1995)
Terraced
- The average price is around £71,113 median price is £72,500 Standard Deviation is £38,410 with Total Sold: 381
- The Last 5 Year average price is £124,700 with Total Sold: 58
- The most recent sale happened at this postcode is , 58 SEDGWICK STREET: £140,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 9 ST MARYS WALK: £27,950 (Sold on 16 Mar 1995)
Other
- The average price is around £113,000 median price is £130,000 Standard Deviation is £56,300 with Total Sold: 7
- The Last 5 Year average price is £122,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 47 PALMERSTON STREET: £136,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 26 YORK AVENUE: £50,000 (Sold on 02 Oct 2017)
Flat
- The average price is around £56,000 median price is £56,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 7A SELSTON ROAD: £56,000 (Sold on 06 Jun 2005)
- The first recorded sale happened at this postcode is , 7A SELSTON ROAD: £56,000 (Sold on 06 Jun 2005)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£166,250		4
2023	£164,625	£2,448	4
2022	£164,325	£2,051	20
2021	£144,497	£1,897	17
2020	£146,575	£1,704	16
2019	£147,812	£1,706	17
2018	£140,063	£1,598	23
2017	£117,225	£1,359	22
2016	£115,547	£1,458	16
2015	£109,667	£1,301	15
2014	£98,850	£1,240	10
2013	£88,182	£1,074	11
2012	£97,091	£1,209	11
2011	£95,295	£919	10
2010	£99,900	£966	6
2009	£94,994	£1,579	8
2008	£104,314	£1,393	11
2007	£113,733	£1,576	15
2006	£104,718	£1,172	17
2005	£110,542	£1,375	17
2004	£94,315	£1,265	12
2003	£72,312	£901	19
2002	£56,054	£696	31
2001	£44,249	£507	18
2000	£42,914	£560	18
1999	£38,424	£422	17
1998	£37,669	£442	23
1997	£28,239	£325	12
1996	£42,420	£353	10
1995	£32,650	£447	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,083	£3,327	6
2023	£202,667	£3,446	3
2022	£187,917	£2,952	6
2021	£228,071	£2,573	14
2020	£179,727	£2,186	11
2019	£152,079	£2,079	12
2018	£227,983	£2,146	6
2017	£166,042	£1,901	12
2016	£167,950	£1,642	11
2015	£144,450	£1,740	10
2014	£149,357	£1,645	19
2013	£119,424	£1,520	14
2012	£121,174	£1,601	9
2011	£183,695	£1,447	10
2010	£120,500	£1,488	6
2009	£125,333	£1,508	9
2008	£170,541	£1,557	11
2007	£179,930	£1,528	22
2006	£146,772	£1,583	20
2005	£160,033	£1,694	15
2004	£137,145	£1,790	10
2003	£91,188	£1,184	13
2002	£81,337	£945	32
2001	£62,296	£890	28
2000	£65,705	£666	19
1999	£61,540	£739	20
1998	£61,250	£701	10
1997	£49,991	£624	11
1996	£42,864	£684	14
1995	£44,238	£671	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£126,200	£1,299	5
2023	£147,765	£2,066	13
2022	£112,127	£1,507	13
2021	£125,972	£1,562	18
2020	£106,167	£1,290	9
2019	£102,508	£1,371	12
2018	£105,000	£1,443	13
2017	£89,200	£1,210	15
2016	£74,385	£1,068	13
2015	£76,139	£1,064	9
2014	£84,889	£1,179	9
2013	£74,722	£1,049	9
2012	£76,500	£952	5
2011	£66,750	£960	8
2010	£70,667	£943	6
2009	£66,417	£910	6
2008	£84,840	£1,163	12
2007	£90,053	£1,239	18
2006	£89,550	£1,280	14
2005	£83,083	£1,201	12
2004	£71,102	£1,063	20
2003	£59,837	£756	18
2002	£43,409	£572	21
2001	£30,345	£434	23
2000	£30,608	£407	18
1999	£27,312	£359	20
1998	£24,794	£304	9
1997	£25,250	£407	6
1996	£23,725	£352	15
1995	£22,862	£338	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,500		2
2021	£25,000		1
2019	£100,000		1
2018	£145,000	£1,239	1
2017	£90,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£56,000	£763	1

House Type in NG16 5LY area

The most common house types in the NG16 5LY postcode area are Semi-detached (48), Detached (41), and Terraced (29).

Total	118
Semi-detached	48
Detached	41
Terraced	29
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	7
Social rented: Rents from council or Local Authority	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NG16 5LY have 2 people in household (37), and 1 person in household (36).

2 people in household	37
1 person in household	36
3 people in household	26
4 people in household	13
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0