Housing Market Analysis for WATERMARK CLOSE, NG5 1RJ

Are you looking to understand NG5 1RJ 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 1RJ area, explore the NG5 1RJ Area information page.
For comprehensive crime statistics in the NG5 1RJ area, explore the NG5 1RJ Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £92,172 median price is £93,950 Standard Deviation is £17,790 with Total Sold: 23
- The Last 5 Year average price is £118,625 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 12, VELLUM HOUSE WATERMARK CLOSE: £136,000 (Sold on 27 Oct 2022)
- The first recorded sale happened at this postcode is FLAT 12, VELLUM HOUSE WATERMARK CLOSE: £95,000 (Sold on 28 Apr 2010)
Terraced
- The average price is around £151,667 median price is £130,000 Standard Deviation is £34,238 with Total Sold: 3
- The Last 5 Year average price is £200,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 WATERMARK CLOSE: £200,000 (Sold on 04 Oct 2019)
- The first recorded sale happened at this postcode is 3 WATERMARK CLOSE: £130,000 (Sold on 25 Nov 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 1RJ 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
2022	£136,000	£2,305	1
2021	£125,000	£2,083	1
2020	£96,000		1
2019	£117,500	£1,958	1
2018	£107,500	£1,822	1
2017	£99,000	£1,650	1
2016	£86,500		1
2015	£92,000		1
2014	£95,725	£1,609	2
2013	£72,500		1
2010	£83,042	£1,733	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£200,000	£1,818	1
2010	£127,500	£1,218	2

All the Sales in the WATERMARK CLOSE, NG5 1RJ

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

Address	Sold Date	Price	% Change
FLAT 12, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007-2011	27 Oct 2022	£136,000	26.51%
	31 Jan 2018	£107,500	10.26%
	05 Sep 2014	£97,500	2.63%
	28 Apr 2010	£95,000	First Sale
FLAT 1, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	05 Feb 2021	£125,000	6.38%
	01 Feb 2019	£117,500	17.50%
	30 Apr 2010	£100,000	First Sale
FLAT 2, VELLUM HOUSE WATERMARK CLOSEFlat, Leasehold	15 Jul 2020	£96,000	10.98%
	17 Nov 2016	£86,500	25.36%
	28 May 2010	£69,000	First Sale
1 WATERMARK CLOSETerraced, FreeholdArea: 110 Sq.mtrAge: 2003-2006	04 Oct 2019	£200,000	60.00%
	30 Nov 2010	£125,000	First Sale
FLAT 9, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	25 May 2017	£99,000	5.38%
	09 May 2014	£93,950	2.12%
	30 Apr 2010	£92,000	First Sale
FLAT 4, VELLUM HOUSE WATERMARK CLOSEFlat, Leasehold	30 Jan 2015	£92,000	-3.16%
FLAT 4, VELLUM HOUSE WATERMARK CLOSEFlat, Leasehold	30 Apr 2010	£95,000	First Sale
FLAT 3, VELLUM HOUSE WATERMARK CLOSEFlat, Leasehold	17 Jul 2013	£72,500	8.21%
FLAT 3, VELLUM HOUSE WATERMARK CLOSEFlat, Leasehold	28 May 2010	£67,000	First Sale
3 WATERMARK CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 2007-2011	25 Nov 2010	£130,000	First Sale
FLAT 7, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 2007 onwards	30 Jun 2010	£72,500	First Sale
FLAT 10, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 2007 onwards	25 Jun 2010	£67,000	First Sale
FLAT 11, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 2007 onwards	30 Apr 2010	£75,000	First Sale
FLAT 8, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	30 Apr 2010	£100,000	First Sale
FLAT 6, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 2003-2006	30 Apr 2010	£76,500	First Sale
FLAT 5, VELLUM HOUSE WATERMARK CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	30 Apr 2010	£87,500	First Sale

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

WATERMARK CLOSE, NG5 1RJ Near By properties

Interactive Map

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

Detached
- The average price is around £173,400 median price is £160,000 Standard Deviation is £97,051 with Total Sold: 475
- The Last 5 Year average price is £286,817 with Total Sold: 67
- 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 £95,791 median price is £94,000 Standard Deviation is £39,333 with Total Sold: 770
- The Last 5 Year average price is £117,684 with Total Sold: 148
- 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 £112,457 median price is £112,000 Standard Deviation is £57,580 with Total Sold: 2,120
- The Last 5 Year average price is £180,822 with Total Sold: 331
- 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 £133,149 median price is £132,000 Standard Deviation is £69,434 with Total Sold: 1,611
- The Last 5 Year average price is £215,302 with Total Sold: 258
- 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 £694,639 median price is £302,280 Standard Deviation is £1,092,619 with Total Sold: 64
- The Last 5 Year average price is £476,517 with Total Sold: 30
- The most recent sale happened at this postcode is , 182 NOTTINGHAM ROAD: £300,000 (Sold on 14 Mar 2024)
- 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	£298,350	£2,819	10
2021	£269,982	£2,905	13
2020	£237,900	£2,435	10
2019	£232,036	£2,229	14
2018	£259,719	£2,395	16
2017	£233,911	£2,217	14
2016	£215,571	£2,066	14
2015	£186,228	£1,945	9
2014	£201,272	£1,715	20
2013	£175,393	£1,803	14
2012	£159,433	£1,637	9
2011	£160,775	£1,777	12
2010	£187,812	£1,605	8
2009	£193,615	£1,750	13
2008	£227,286	£1,961	7
2007	£215,688	£1,793	17
2006	£237,218	£1,790	22
2005	£201,156	£1,739	18
2004	£200,843	£1,549	20
2003	£152,238	£1,618	24
2002	£132,001	£1,109	32
2001	£97,542	£869	30
2000	£88,433	£858	18
1999	£84,225	£754	22
1998	£76,876	£653	21
1997	£71,564	£570	19
1996	£63,613	£614	19
1995	£61,381	£617	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,500	£2,279	13
2023	£160,988	£2,065	21
2022	£120,161	£2,131	28
2021	£120,057	£1,927	35
2020	£96,343	£1,670	23
2019	£95,057	£1,700	28
2018	£90,706	£1,739	34
2017	£96,643	£1,657	46
2016	£91,446	£1,493	25
2015	£88,660	£1,532	25
2014	£80,088	£1,610	24
2013	£73,746	£1,422	12
2012	£84,729	£1,250	12
2011	£71,982	£1,191	14
2010	£81,083	£1,631	18
2009	£89,541	£1,425	33
2008	£104,371	£1,759	32
2007	£113,585	£2,145	72
2006	£118,380	£2,095	42
2005	£119,528	£2,100	30
2004	£78,772	£2,290	84
2003	£104,588	£1,966	53
2002	£56,692	£1,023	13
2001	£45,377	£874	13
2000	£42,244	£637	8
1999	£51,875	£958	6
1998	£35,065	£562	10
1997	£29,666	£481	3
1996	£36,483	£544	3
1995	£30,250	£442	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£189,457	£2,431	23
2023	£190,611	£2,310	64
2022	£193,725	£2,231	58
2021	£189,385	£2,066	63
2020	£170,132	£1,966	53
2019	£158,733	£1,842	70
2018	£146,845	£1,685	85
2017	£139,640	£1,658	72
2016	£133,363	£1,560	65
2015	£131,261	£1,592	63
2014	£125,552	£1,472	70
2013	£111,103	£1,453	46
2012	£107,613	£1,405	50
2011	£113,329	£1,355	40
2010	£118,127	£1,290	51
2009	£122,986	£1,461	38
2008	£131,540	£1,420	56
2007	£141,364	£1,607	133
2006	£134,623	£1,558	107
2005	£119,187	£1,469	90
2004	£123,747	£1,570	88
2003	£106,473	£1,292	112
2002	£77,187	£926	84
2001	£56,339	£663	91
2000	£49,351	£553	84
1999	£42,813	£525	75
1998	£42,431	£468	89
1997	£39,011	£469	69
1996	£38,243	£424	62
1995	£38,434	£463	69

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,700	£1,818	10
2023	£234,123	£2,400	43
2022	£239,245	£2,545	49
2021	£213,648	£2,147	65
2020	£205,711	£1,930	38
2019	£180,876	£1,881	53
2018	£175,112	£1,812	48
2017	£175,460	£1,751	55
2016	£166,947	£1,682	49
2015	£155,828	£1,624	44
2014	£163,455	£1,578	56
2013	£136,098	£1,448	23
2012	£143,262	£1,516	21
2011	£158,349	£1,622	37
2010	£126,848	£1,433	43
2009	£136,185	£1,371	52
2008	£142,398	£1,557	38
2007	£154,675	£1,729	77
2006	£151,830	£1,517	96
2005	£147,482	£1,737	45
2004	£145,069	£1,570	88
2003	£134,162	£1,193	81
2002	£93,603	£926	77
2001	£73,962	£758	54
2000	£60,329	£625	60
1999	£56,235	£626	72
1998	£51,946	£523	55
1997	£49,862	£479	66
1996	£43,301	£458	53
1995	£42,794	£488	63

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£804,000	£1,421	2
2022	£559,000	£2,155	4
2021	£290,200	£6,896	10
2020	£491,750	£5,706	4
2019	£586,944	£3,017	9
2018	£818,511	£3,817	9
2017	£360,125	£1,381	8
2016	£357,637	£3,767	6
2015	£1,570,714		7
2014	£2,167,667		3
2013	£270,000		1

House Type in NG5 1RJ area

The most common house types in the NG5 1RJ postcode area are Semi-detached (50), Terraced (37), and Flat (29).

Total	120
Semi-detached	50
Terraced	37
Flat	29
Detached	4
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 (48), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan	48
Private rented: Private landlord or letting agency	39
Owned: Owns outright	27
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NG5 1RJ have 1 person in household (44), and 2 people in household (40).

1 person in household	44
2 people in household	40
4 people in household	16
3 people in household	14
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0