Housing Market Analysis for BINDING CLOSE, NG5 1RG

Are you looking to understand NG5 1RG 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 Nottingham postcode.

For the location information and nearby amenities in the NG5 1RG area, explore the NG5 1RG Area information page.
For comprehensive crime statistics in the NG5 1RG area, explore the NG5 1RG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG5 1RG postcode area, The average prices are as follows,

Flat
- The average price is around £110,461 median price is £105,000 Standard Deviation is £19,754 with Total Sold: 48
- The Last 5 Year average price is £115,917 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 15, BINDING HOUSE BINDING CLOSE: £125,500 (Sold on 19 Aug 2020)
- The first recorded sale happened at this postcode is FLAT 23, BINDING HOUSE BINDING CLOSE: £125,000 (Sold on 12 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 1RG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£125,500	£2,024	1
2019	£111,250	£1,873	4
2018	£107,500	£1,761	2
2017	£99,250	£1,662	2
2016	£99,612	£1,662	4
2015	£95,000	£1,592	4
2014	£92,750	£1,495	2
2011	£87,500	£1,454	1
2008	£107,511	£1,870	19
2007	£137,369	£2,245	8
2024	£125,000	£2,119	1

All the Sales in the BINDING CLOSE, NG5 1RG

See the table below for more details on the sold house prices in the NG5 1RG, Nottingham postcode.

Address	Sold Date	Price	% Change
FLAT 15, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	19 Aug 2020	£125,500	32.11%
	27 Nov 2015	£95,000	-27.20%
	29 Nov 2007	£130,500	First Sale
FLAT 12, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	11 Nov 2019	£114,500	-18.21%
	06 Jun 2008	£139,995	First Sale
FLAT 24, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	28 Aug 2019	£115,500	15.50%
	30 Oct 2015	£100,000	-9.09%
	31 Mar 2008	£110,000	First Sale
FLAT 5, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	29 Jan 2019	£110,000	29.41%
	26 Sep 2008	£85,000	First Sale
FLAT 16, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 59.69 Sq.mtrAge: 2007 onwards	23 Jan 2019	£105,000	-11.02%
	20 Mar 2008	£118,000	First Sale
FLAT 26, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 64.23 Sq.mtrAge: 2007 onwards	20 Dec 2018	£110,000	-29.03%
	28 Nov 2007	£155,000	First Sale
FLAT 4, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 2007-2011	09 Mar 2018	£105,000	5.01%
	19 Sep 2008	£99,995	First Sale
FLAT 9, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60.16 Sq.mtr	18 Aug 2017	£100,000	8.11%
	03 Jan 2014	£92,500	5.71%
	08 Aug 2011	£87,500	2.94%
	17 Sep 2008	£85,000	First Sale
FLAT 6, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 0 Sq.mtr	29 Mar 2017	£98,500	17.26%
	20 Aug 2008	£84,000	First Sale
FLAT 2, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60.93 Sq.mtrAge: 2007 onwards	20 Sep 2016	£105,000	10.53%
	12 Sep 2008	£94,995	First Sale
FLAT 14, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 0 Sq.mtr	20 May 2016	£97,500	12.07%
	12 Sep 2008	£87,000	First Sale
FLAT 7, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60.16 Sq.mtr	31 Mar 2016	£95,000	-3.06%
	29 Aug 2008	£97,995	First Sale
FLAT 27, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	26 Feb 2016	£100,950	-23.38%
	28 Nov 2007	£131,750	First Sale
FLAT 25, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	13 May 2015	£93,000	-33.57%
	06 Jun 2008	£139,995	First Sale
FLAT 18, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 0 Sq.mtr	08 May 2015	£92,000	9.52%
	20 Aug 2008	£84,000	First Sale
FLAT 8, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 2007 onwards	10 Oct 2014	£93,000	6.90%
	12 Sep 2008	£87,000	First Sale
FLAT 10, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60.32 Sq.mtrAge: 2007 onwards	06 Jun 2008	£139,995	First Sale
FLAT 19, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	06 Jun 2008	£139,995	First Sale
FLAT 20, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 2007 onwards	24 Apr 2008	£110,000	First Sale
FLAT 3, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	31 Mar 2008	£104,000	First Sale
FLAT 1, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 55.3 Sq.mtrAge: 2007 onwards	31 Mar 2008	£104,000	First Sale
FLAT 13, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	10 Jan 2008	£131,750	First Sale
FLAT 21, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	19 Dec 2007	£123,250	First Sale
FLAT 11, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards	29 Nov 2007	£136,500	First Sale
FLAT 23, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	29 Nov 2007	£142,250	13.80%
	12 Mar 2024	£125,000	First Sale
FLAT 22, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 60.93 Sq.mtrAge: 2007 onwards	28 Nov 2007	£155,000	First Sale
FLAT 17, BINDING HOUSE BINDING CLOSEFlat, LeaseholdArea: 59.32 Sq.mtrAge: 2007 onwards	28 Nov 2007	£124,700	First Sale

Check out the sold house prices near the NG5 1RG postcode. Properties currently for saleProperties currently for rent

BINDING CLOSE, NG5 1RG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG5 1RG 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 NG5 1RG postcode.

Detached
- The average price is around £188,922 median price is £167,950 Standard Deviation is £119,396 with Total Sold: 501
- The Last 5 Year average price is £318,283 with Total Sold: 75
- The most recent sale happened at this postcode is , THE GABLES HOTEL, 1 HUCKNALL ROAD: £650,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 33 DEVON DRIVE: £40,000 (Sold on 15 Mar 1995)
Flat
- The average price is around £97,594 median price is £95,000 Standard Deviation is £38,960 with Total Sold: 797
- The Last 5 Year average price is £117,418 with Total Sold: 155
- The most recent sale happened at this postcode is , 17 TAVISTOCK COURT: £69,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 3, 407 MANSFIELD ROAD: £36,500 (Sold on 13 Jan 1995)
Terraced
- The average price is around £113,858 median price is £114,500 Standard Deviation is £58,019 with Total Sold: 2,044
- The Last 5 Year average price is £182,527 with Total Sold: 322
- The most recent sale happened at this postcode is , 8 HAYDN AVENUE: £180,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 3 ORMONDE TERRACE: £36,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £136,039 median price is £132,500 Standard Deviation is £76,980 with Total Sold: 1,573
- The Last 5 Year average price is £223,721 with Total Sold: 250
- The most recent sale happened at this postcode is , 34 CENTRAL AVENUE: £305,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 26 CROSSLEY STREET: £21,750 (Sold on 06 Jan 1995)
Other
- The average price is around £713,918 median price is £285,000 Standard Deviation is £1,122,663 with Total Sold: 61
- The Last 5 Year average price is £497,986 with Total Sold: 28
- The most recent sale happened at this postcode is FLAT 2, 59 SHERBROOKE ROAD: £108,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is , 2 CLINTON AVENUE: £270,000 (Sold on 10 Sep 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£413,333	£1,557	9
2023	£306,909	£2,975	11
2022	£309,591	£2,883	11
2021	£343,651	£2,797	15
2020	£252,636	£2,385	11
2019	£302,000	£2,396	18
2018	£278,265	£2,431	17
2017	£257,359	£2,206	16
2016	£234,200	£2,061	15
2015	£186,228	£1,945	9
2014	£214,593	£1,725	21
2013	£201,906	£1,792	16
2012	£180,990	£1,978	10
2011	£181,100	£1,779	13
2010	£202,167	£1,550	9
2009	£192,269	£2,111	13
2008	£219,188	£1,961	8
2007	£231,205	£1,793	18
2006	£237,218	£1,790	22
2005	£200,929	£1,739	17
2004	£216,095	£1,615	20
2003	£181,989	£1,626	27
2002	£140,728	£1,109	33
2001	£97,542	£869	30
2000	£93,779	£858	19
1999	£84,900	£775	20
1998	£96,387	£664	23
1997	£71,151	£580	18
1996	£71,563	£640	22
1995	£61,381	£617	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,500	£2,279	13
2023	£163,537	£2,068	20
2022	£119,617	£2,126	30
2021	£120,139	£1,921	36
2020	£97,460	£1,701	25
2019	£96,342	£1,711	31
2018	£90,743	£1,745	37
2017	£96,969	£1,659	46
2016	£91,446	£1,493	25
2015	£88,660	£1,532	25
2014	£80,088	£1,610	24
2013	£76,121	£1,447	12
2012	£86,977	£1,263	11
2011	£71,982	£1,191	14
2010	£82,079	£1,593	19
2009	£89,541	£1,425	33
2008	£104,057	£1,750	33
2007	£113,577	£2,140	73
2006	£118,417	£2,095	43
2005	£118,446	£2,100	31
2004	£83,723	£2,279	91
2003	£110,546	£2,032	66
2002	£56,692	£1,023	13
2001	£45,377	£874	13
2000	£38,825	£588	6
1999	£53,650	£1,007	5
1998	£35,344	£549	8
1997	£29,666	£481	3
1996	£36,225	£481	2
1995	£30,167	£442	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,159	£2,431	22
2023	£193,268	£2,348	60
2022	£193,261	£2,236	57
2021	£192,862	£2,104	63
2020	£172,166	£1,995	51
2019	£159,469	£1,824	69
2018	£149,121	£1,714	81
2017	£141,182	£1,683	69
2016	£134,658	£1,577	64
2015	£131,967	£1,604	62
2014	£126,140	£1,484	69
2013	£112,983	£1,485	44
2012	£109,888	£1,439	48
2011	£116,532	£1,422	36
2010	£120,174	£1,308	49
2009	£124,147	£1,475	37
2008	£133,458	£1,437	54
2007	£143,074	£1,630	127
2006	£135,987	£1,585	103
2005	£119,862	£1,483	88
2004	£123,934	£1,591	83
2003	£107,119	£1,305	109
2002	£79,576	£972	82
2001	£57,627	£684	86
2000	£50,820	£566	80
1999	£43,359	£527	71
1998	£42,739	£474	87
1997	£38,387	£470	64
1996	£39,222	£429	61
1995	£38,507	£463	68

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,700	£1,818	10
2023	£241,568	£2,580	41
2022	£265,633	£2,602	46
2021	£215,293	£2,170	61
2020	£221,038	£1,956	39
2019	£180,876	£1,881	53
2018	£189,313	£1,835	46
2017	£187,637	£1,765	57
2016	£168,618	£1,670	46
2015	£156,361	£1,606	40
2014	£164,787	£1,587	54
2013	£149,875	£1,503	22
2012	£143,425	£1,539	20
2011	£158,349	£1,622	37
2010	£126,848	£1,433	43
2009	£136,696	£1,380	49
2008	£144,569	£1,579	38
2007	£155,426	£1,740	75
2006	£153,287	£1,535	93
2005	£148,720	£1,763	44
2004	£147,990	£1,591	86
2003	£135,682	£1,213	78
2002	£97,019	£954	75
2001	£74,435	£758	55
2000	£64,342	£632	63
1999	£56,563	£630	70
1998	£51,859	£527	53
1997	£49,967	£479	65
1996	£43,774	£462	51
1995	£42,794	£488	63

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£804,000	£1,421	2
2022	£530,000	£1,845	4
2021	£283,450	£8,114	10
2020	£491,750	£5,706	4
2019	£676,763	£2,075	8
2018	£901,450	£4,382	8
2017	£346,429	£1,891	7
2016	£314,403	£3,767	7
2015	£1,570,714		7
2014	£2,167,667		3
2013	£270,000		1

House Type in NG5 1RG area

The most common house types in the NG5 1RG postcode area are Semi-detached (92), Flat (65), and Detached (10).

Total	179
Semi-detached	92
Flat	65
Detached	10
Terraced	8
Shared house	2
commercial building	2
converted 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 (70), and Private rented: Private landlord or letting agency (54).

Owned: Owns with a mortgage or loan	70
Private rented: Private landlord or letting agency	54
Owned: Owns outright	49
Private rented: Other private rented	7
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0

Number of People in a Household

The most houses in the NG5 1RG have 2 people in household (63), and 1 person in household (61).

2 people in household	63
1 person in household	61
3 people in household	25
4 people in household	24
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0