Housing Market Analysis for SPENCER AVENUE, NG3 5SP

Are you looking to understand NG3 5SP 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 Gedling postcode.

For the location information and nearby amenities in the NG3 5SP area, explore the NG3 5SP Area information page.
For comprehensive crime statistics in the NG3 5SP area, explore the NG3 5SP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG3 5SP postcode area, The average prices are as follows,

Detached
- The average price is around £215,036 median price is £172,500 Standard Deviation is £112,865 with Total Sold: 26
- The Last 5 Year average price is £392,500 with Total Sold: 2
- The most recent sale happened at this postcode is 4 SPENCER AVENUE: £385,000 (Sold on 04 Feb 2020)
- The first recorded sale happened at this postcode is 23 SPENCER AVENUE: £117,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NG3 5SP 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
2020	£385,000	£3,438	1
2019	£400,000	£3,361	1
2018	£401,025	£2,616	1
2009	£270,000		1
2008	£320,000	£2,218	2
2007	£392,500	£2,251	2
2004	£299,950	£2,678	1
2001	£182,000	£1,369	5
2000	£89,750	£1,179	2
1998	£115,000		1
1997	£94,000	£839	1
1996	£153,500		5
1995	£114,650	£934	3

All the Sales in the SPENCER AVENUE, NG3 5SP

See the table below for more details on the sold house prices in the NG3 5SP, Gedling postcode.

Address	Sold Date	Price	% Change
4 SPENCER AVENUEDetached, FreeholdArea: 112 Sq.mtrAge: 1991-1995	04 Feb 2020	£385,000	28.35%
	30 Nov 2004	£299,950	76.44%
	15 Jun 2001	£170,000	First Sale
23 SPENCER AVENUEDetached, FreeholdArea: 119 Sq.mtrAge: 1996-2002	26 Jun 2019	£400,000	241.88%
	30 Jun 1995	£117,000	First Sale
7 SPENCER AVENUEDetached, FreeholdArea: 153.27 Sq.mtrAge: 1991-1995	23 Nov 2018	£401,025	17.95%
	24 Oct 2008	£340,000	-1.45%
	30 Mar 2007	£345,000	First Sale
17 SPENCER AVENUEDetached, Freehold	16 Oct 2009	£270,000	468.42%
	21 Jan 2000	£47,500	-58.70%
	19 Nov 1998	£115,000	2.22%
	02 Feb 1996	£112,500	First Sale
11 SPENCER AVENUEDetached, Freehold	11 Jul 2008	£300,000	First Sale
2B SPENCER AVENUEDetached, Freehold	08 Aug 2007	£440,000	109.52%
2B SPENCER AVENUEDetached, Freehold	04 Oct 1996	£210,000	First Sale
9 SPENCER AVENUEDetached, FreeholdArea: 143.46 Sq.mtrAge: 1996-2002	21 May 2001	£175,000	First Sale
2 SPENCER AVENUEDetached, Freehold	12 Apr 2001	£155,000	First Sale
2A SPENCER AVENUEDetached, Freehold	30 Mar 2001	£250,000	13.64%
2A SPENCER AVENUEDetached, Freehold	22 Aug 1996	£220,000	First Sale
15 SPENCER AVENUEDetached, Freehold	08 Jan 2001	£160,000	42.86%
15 SPENCER AVENUEDetached, Freehold	18 Dec 1996	£112,000	First Sale
5 SPENCER AVENUEDetached, FreeholdArea: 112 Sq.mtrAge: 1991-1995	20 Apr 2000	£132,000	40.43%
	04 Apr 1997	£94,000	First Sale
19 SPENCER AVENUEDetached, Freehold	15 Jan 1996	£113,000	First Sale
6 SPENCER AVENUEDetached, FreeholdArea: 137.7 Sq.mtrAge: 1991-1995	29 Sep 1995	£112,000	First Sale
21 SPENCER AVENUEDetached, FreeholdArea: 114.19 Sq.mtrAge: 1983-1990	29 Sep 1995	£114,950	First Sale

Check out the sold house prices near the NG3 5SP postcode. Properties currently for saleProperties currently for rent

SPENCER AVENUE, NG3 5SP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG3 5SP 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 NG3 5SP postcode.

Semi-Detached
- The average price is around £135,135 median price is £133,975 Standard Deviation is £64,342 with Total Sold: 498
- The Last 5 Year average price is £215,274 with Total Sold: 90
- The most recent sale happened at this postcode is , 2 BRAUNTON CRESCENT: £250,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 5 PETERS CLOSE: £51,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £138,271 median price is £132,300 Standard Deviation is £64,121 with Total Sold: 348
- The Last 5 Year average price is £194,033 with Total Sold: 79
- The most recent sale happened at this postcode is , 10 SOBERS GARDENS: £220,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 10 OKEHAMPTON CRESCENT: £40,000 (Sold on 19 Apr 1995)
Detached
- The average price is around £295,459 median price is £289,995 Standard Deviation is £130,041 with Total Sold: 770
- The Last 5 Year average price is £403,515 with Total Sold: 151
- The most recent sale happened at this postcode is , 16 PLAINS FARM CLOSE: £425,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 6 BONETTI CLOSE: £69,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £123,591 median price is £124,995 Standard Deviation is £23,676 with Total Sold: 105
- The Last 5 Year average price is £143,805 with Total Sold: 31
- The most recent sale happened at this postcode is 28, HOPKIN COURT MAPPERLEY PLAINS: £144,500 (Sold on 22 Jan 2024)
- The first recorded sale happened at this postcode is , 76 OKEHAMPTON CRESCENT: £38,000 (Sold on 05 Jul 1996)
Other
- The average price is around £337,667 median price is £225,000 Standard Deviation is £223,691 with Total Sold: 3
- The Last 5 Year average price is £437,500 with Total Sold: 2
- The most recent sale happened at this postcode is , CHASE FARM COTTAGE MAPPERLEY PLAINS: £650,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is , 44A CHEDINGTON AVENUE: £138,000 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,583	£3,356	9
2023	£247,000	£3,148	7
2022	£239,500	£2,867	20
2021	£212,106	£2,662	16
2020	£195,509	£2,560	19
2019	£189,000	£2,293	19
2018	£197,155	£2,423	22
2017	£175,145	£2,319	11
2016	£164,953	£2,077	15
2015	£161,167	£2,016	9
2014	£165,605	£1,772	25
2013	£149,881	£1,995	14
2012	£156,801	£1,738	20
2011	£125,161	£1,594	14
2010	£131,030	£1,827	8
2009	£139,817	£1,597	12
2008	£172,742	£2,310	6
2007	£148,640	£1,812	20
2006	£144,198	£1,829	30
2005	£144,550	£2,027	16
2004	£127,457	£1,546	14
2003	£113,532	£1,481	14
2002	£93,258	£1,257	13
2001	£84,385	£1,159	17
2000	£67,918	£834	22
1999	£58,418	£768	26
1998	£55,520	£738	19
1997	£51,765	£780	27
1996	£52,667	£733	20
1995	£49,518	£675	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,250	£2,500	4
2023	£215,333	£2,993	15
2022	£220,777	£3,012	16
2021	£200,500	£2,766	10
2020	£171,103	£2,389	17
2019	£163,968	£2,122	17
2018	£168,105	£2,451	19
2017	£184,643	£2,111	7
2016	£181,812	£1,979	8
2015	£159,500	£1,908	10
2014	£147,939	£1,865	25
2013	£169,013	£1,829	21
2012	£145,397	£2,062	13
2011	£147,392	£1,731	12
2010	£116,000	£1,709	4
2009	£153,722	£1,725	9
2008	£93,700	£1,370	5
2007	£139,494	£1,866	8
2006	£124,430	£1,839	15
2005	£148,488	£1,857	12
2004	£123,992	£1,943	6
2003	£91,956	£1,651	8
2002	£128,967	£1,447	15
2001	£80,989	£1,100	18
2000	£50,494	£881	9
1999	£43,958	£779	11
1998	£42,992	£724	10
1997	£43,540	£805	10
1996	£42,286	£651	7
1995	£42,207	£697	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£447,850	£2,962	10
2023	£390,209	£3,884	22
2022	£418,268	£3,461	28
2021	£437,885	£2,991	39
2020	£368,855	£2,826	28
2019	£364,612	£2,680	24
2018	£336,597	£2,795	57
2017	£321,445	£2,336	28
2016	£294,000	£2,413	29
2015	£305,538	£2,358	39
2014	£311,301	£2,243	50
2013	£275,886	£2,095	36
2012	£258,598	£2,041	48
2011	£308,644	£2,019	33
2010	£281,931	£2,259	19
2009	£249,722	£2,113	11
2008	£337,181	£2,210	20
2007	£330,529	£2,417	29
2006	£323,498	£1,854	21
2005	£273,909	£2,303	11
2004	£279,426	£2,296	15
2003	£233,854	£1,993	29
2002	£261,264	£1,690	28
2001	£269,550	£1,293	18
2000	£112,450	£1,299	12
1999	£135,700	£998	10
1998	£130,797	£1,024	15
1997	£142,559	£910	28
1996	£111,939	£729	18
1995	£119,680	£933	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£144,500		1
2023	£154,250	£2,714	4
2022	£156,400	£2,600	5
2021	£142,327	£2,349	6
2020	£143,917	£2,307	6
2019	£133,000	£2,142	9
2018	£124,740	£2,154	5
2017	£124,833	£2,221	6
2016	£117,833	£2,018	3
2015	£108,217	£2,017	6
2014	£119,824	£2,017	20
2013	£111,711	£1,810	16
2012	£109,609	£1,980	11
2010	£126,498	£2,099	2
2009	£115,750	£1,920	4
1996	£38,000	£695	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£650,000		1
2023	£225,000	£2,500	1
2017	£138,000	£1,408	1

House Type in NG3 5SP area

The most common house types in the NG3 5SP postcode area are Detached (159), Semi-detached (18), and Terraced (14).

Total	191
Detached	159
Semi-detached	18
Terraced	14
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 with a mortgage or loan (87), and Owned: Owns outright (86).

Owned: Owns with a mortgage or loan	87
Owned: Owns outright	86
Private rented: Private landlord or letting agency	11
Shared ownership: Shared ownership	5
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NG3 5SP have 2 people in household (71), and 4 people in household (36).

2 people in household	71
4 people in household	36
1 person in household	34
3 people in household	31
5 people in household	15
6 people in household	3
7 people in household	1
8 or more people in household	1
0 people in household	0