Housing Market Analysis for MELBOURNE ROAD, NG2 5BG

Are you looking to understand NG2 5BG 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 Rushcliffe postcode.

For the location information and nearby amenities in the NG2 5BG area, explore the NG2 5BG Area information page.
For comprehensive crime statistics in the NG2 5BG area, explore the NG2 5BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG2 5BG postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £258,282 median price is £265,000 Standard Deviation is £112,125 with Total Sold: 20
    • The Last 5 Year average price is £398,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 16 MELBOURNE ROAD: £420,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is 16 MELBOURNE ROAD: £65,000 (Sold on 12 Jul 1996)
  • Detached
    • The average price is around £79,000 median price is £79,000 Standard Deviation is £26,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MELBOURNE ROAD: £105,000 (Sold on 03 Dec 1999)
    • The first recorded sale happened at this postcode is 2 MELBOURNE ROAD: £53,000 (Sold on 07 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NG2 5BG 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£388,333 £3,418 3
2020£430,000 £3,525 1
2019£370,000 £3,426 1
2017£368,000 £3,376 1
2016£313,000 £2,566 1
2015£290,000 £2,661 1
2014£280,375 £2,379 2
2013£250,000 £2,294 1
2007£249,950 £2,049 1
2005£249,950 £2,049 1
2003£212,500 £1,802 2
2002£172,5001
1999£91,000 £784 1
1997£82,750 £698 2
1996£65,000 £602 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£105,000 £861 1
1997£53,000 £434 1

All the Sales in the MELBOURNE ROAD, NG2 5BG

See the table below for more details on the sold house prices in the NG2 5BG, Rushcliffe postcode.

AddressSold DatePrice% Change
16 MELBOURNE ROADSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1900-192917 Sep 2021£420,00013.51%
15 Feb 2019£370,000469.23%
12 Jul 1996£65,000First Sale
9 MELBOURNE ROADSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1900-192929 Jun 2021£350,000284.62%
01 Apr 1999£91,000First Sale
3 MELBOURNE ROADSemi-Detached, FreeholdArea: 118 Sq.mtrAge: before 190012 Feb 2021£395,000First Sale
13 MELBOURNE ROADSemi-Detached, FreeholdArea: 122 Sq.mtrAge: 1900-192902 Oct 2020£430,00037.38%
29 Jan 2016£313,00011.79%
12 Dec 2014£280,00012.02%
02 Feb 2007£249,9500.0
28 Oct 2005£249,95016.26%
28 May 2003£215,000119.39%
22 Dec 1997£98,000First Sale
18 MELBOURNE ROADSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1900-192908 May 2017£368,00026.90%
21 May 2015£290,00016.00%
02 Sep 2013£250,000First Sale
15 MELBOURNE ROADSemi-Detached, FreeholdArea: 114 Sq.mtrAge: before 190007 Mar 2014£280,75033.69%
14 Aug 2003£210,000211.11%
25 Jul 1997£67,500First Sale
12 MELBOURNE ROADSemi-Detached, Freehold25 Oct 2002£172,500First Sale
2 MELBOURNE ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1900-192903 Dec 1999£105,00098.11%
07 Nov 1997£53,000First Sale

Check out the sold house prices near the NG2 5BG postcode. Properties currently for saleProperties currently for rent

MELBOURNE ROAD, NG2 5BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG2 5BG 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 NG2 5BG postcode.

  • Semi-Detached
    • The average price is around £233,618 median price is £230,000 Standard Deviation is £130,754 with Total Sold: 1,530
    • The Last 5 Year average price is £430,872 with Total Sold: 191
    • The most recent sale happened at this postcode is , 5 MABEL GROVE: £490,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 42 CROSBY ROAD: £79,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £195,360 median price is £192,000 Standard Deviation is £104,094 with Total Sold: 313
    • The Last 5 Year average price is £313,689 with Total Sold: 60
    • The most recent sale happened at this postcode is , 18 NAVIGATION STREET: £330,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 RICHMOND ROAD: £38,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £153,592 median price is £134,623 Standard Deviation is £101,274 with Total Sold: 720
    • The Last 5 Year average price is £210,712 with Total Sold: 147
    • The most recent sale happened at this postcode is FLAT 4, 35 FOX ROAD: £188,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 GERTRUDE ROAD: £44,000 (Sold on 27 Feb 1995)
  • Detached
    • The average price is around £265,800 median price is £241,000 Standard Deviation is £156,235 with Total Sold: 382
    • The Last 5 Year average price is £501,780 with Total Sold: 40
    • The most recent sale happened at this postcode is , 66 LADY BAY ROAD: £520,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 WOODLAND ROAD: £85,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £513,599 median price is £275,000 Standard Deviation is £601,079 with Total Sold: 43
    • The Last 5 Year average price is £284,957 with Total Sold: 17
    • The most recent sale happened at this postcode is , 2 EDWARD ROAD: £192,500 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is , 1 HOLME ROAD: £155,000 (Sold on 30 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£486,125 £3,794 20
2023£450,921 £3,772 19
2022£468,566 £3,857 34
2021£408,931 £3,448 77
2020£404,578 £3,334 41
2019£354,723 £2,998 45
2018£382,182 £3,318 37
2017£364,060 £2,971 39
2016£340,684 £2,802 52
2015£315,463 £2,609 54
2014£289,989 £2,410 50
2013£258,021 £2,184 51
2012£253,767 £2,246 37
2011£249,341 £2,183 43
2010£265,892 £2,286 43
2009£226,873 £1,930 52
2008£227,198 £1,702 22
2007£241,354 £2,046 62
2006£234,590 £1,951 63
2005£234,113 £2,131 54
2004£230,056 £1,813 63
2003£205,451 £1,771 48
2002£154,592 £1,294 66
2001£134,184 £1,181 72
2000£125,230 £980 61
1999£95,408 £825 74
1998£86,204 £704 75
1997£75,835 £619 70
1996£66,575 £540 60
1995£65,559 £553 46
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£384,1673
2023£363,805 £3,650 6
2022£302,095 £3,206 10
2021£284,202 £3,039 20
2020£322,905 £3,007 21
2019£229,273 £2,204 29
2018£252,875 £2,655 12
2017£260,115 £2,474 26
2016£237,767 £2,374 15
2015£228,636 £2,466 7
2014£209,333 £2,391 3
2013£172,083 £1,995 6
2012£184,590 £2,151 5
2011£147,167 £2,097 6
2010£174,112 £2,171 4
2009£179,000 £2,160 3
2008£223,350 £1,987 4
2007£165,045 £1,987 10
2006£177,711 £1,878 19
2005£173,490 £2,076 5
2004£178,181 £1,541 8
2003£149,790 £1,593 10
2002£116,200 £1,281 9
2001£97,734 £1,074 15
2000£84,586 £861 11
1999£71,982 £771 11
1998£69,621 £680 12
1997£55,059 £602 11
1996£61,249 £535 4
1995£47,738 £509 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,375 £2,519 6
2023£286,187 £3,698 31
2022£199,763 £3,026 26
2021£202,430 £2,920 43
2020£171,375 £2,958 41
2019£218,210 £2,562 33
2018£180,191 £2,712 32
2017£201,643 £3,160 23
2016£179,933 £2,687 26
2015£167,828 £2,458 25
2014£142,979 £2,291 34
2013£126,035 £1,920 13
2012£135,881 £2,242 13
2011£187,085 £2,186 17
2010£131,939 £2,257 9
2009£280,545 £2,676 11
2008£179,646 £2,328 34
2007£134,638 £2,264 38
2006£148,497 £2,135 41
2005£128,747 £2,130 19
2004£140,697 £2,190 29
2003£123,646 £1,847 26
2002£99,762 £1,719 17
2001£88,419 £1,623 18
2000£75,311 £1,368 31
1999£68,491 £1,206 33
1998£55,194 £896 9
1997£47,745 £827 19
1996£43,125 £713 12
1995£50,455 £888 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£627,500 £7,136 2
2023£553,990 £4,790 5
2022£551,750 £4,066 9
2021£483,383 £4,374 15
2020£425,528 £3,451 9
2019£355,333 £2,958 9
2018£442,883 £3,295 8
2017£424,346 £3,493 13
2016£427,631 £2,935 13
2015£336,845 £2,730 10
2014£310,305 £2,876 12
2013£292,200 £2,244 10
2012£336,062 £2,492 8
2011£311,050 £2,451 15
2010£271,695 £2,039 10
2009£261,200 £2,378 10
2008£249,612 £1,843 8
2007£295,847 £3,085 18
2006£321,631 £2,179 19
2005£270,859 £1,997 11
2004£252,526 £1,851 19
2003£219,585 £1,763 17
2002£186,527 £1,340 15
2001£154,379 £1,152 26
2000£127,987 £992 17
1999£117,960 £869 20
1998£94,241 £636 11
1997£92,222 £653 20
1996£77,768 £582 11
1995£76,958 £534 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,875 £3,473 4
2022£412,5002
2021£313,400 £1,630 5
2020£254,795 £918 6
2019£525,300 £8,767 5
2018£961,318 £25,449 10
2017£530,0002
2016£458,200 £10,729 4
2015£394,667 £7,812 3
2014£462,000 £5,832 2

House Type in NG2 5BG area

The most common house types in the NG2 5BG postcode area are Semi-detached (77), Detached (25), and Flat (21).

Total133
Semi-detached77
Detached25
Flat21
Shared house6
Terraced3
converted building1
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 (57), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan57
Owned: Owns outright44
Private rented: Private landlord or letting agency29
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NG2 5BG have 2 people in household (41), and 1 person in household (33).

2 people in household41
1 person in household33
3 people in household30
4 people in household18
5 people in household13
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0