Housing Market Analysis for SOMERSBY ROAD, NG5 4LW

Are you looking to understand NG5 4LW 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 NG5 4LW area, explore the NG5 4LW Area information page.
For comprehensive crime statistics in the NG5 4LW area, explore the NG5 4LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG5 4LW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £137,362 median price is £110,000 Standard Deviation is £65,082 with Total Sold: 13
    • The Last 5 Year average price is £227,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 121 SOMERSBY ROAD: £235,000 (Sold on 30 May 2023)
    • The first recorded sale happened at this postcode is 99 SOMERSBY ROAD: £59,000 (Sold on 20 Dec 1996)
  • Flat
    • The average price is around £74,605 median price is £69,950 Standard Deviation is £35,275 with Total Sold: 11
    • The Last 5 Year average price is £139,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 75A SOMERSBY ROAD: £130,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is 73B SOMERSBY ROAD: £18,750 (Sold on 19 Dec 1997)
  • Other
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 67 - 69 SOMERSBY ROAD: £75,000 (Sold on 08 Feb 2019)
    • The first recorded sale happened at this postcode is 67 - 69 SOMERSBY ROAD: £75,000 (Sold on 08 Feb 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 4LW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£235,000 £3,219 1
2021£220,000 £2,115 1
2019£245,000 £2,227 1
2012£156,625 £1,426 2
2003£189,950 £1,727 1
2001£105,0001
2000£110,000 £1,058 1
1999£76,000 £641 2
1998£74,500 £677 1
1997£82,000 £788 1
1996£59,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£130,000 £1,857 1
2022£148,000 £1,827 1
2017£64,000 £790 1
2016£71,500 £1,021 1
2013£74,500 £1,035 1
2011£43,000 £1,194 1
2006£71,650 £921 3
2002£55,950 £1,512 1
1997£18,750 £507 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£75,0001

All the Sales in the SOMERSBY ROAD, NG5 4LW

See the table below for more details on the sold house prices in the NG5 4LW, Gedling postcode.

AddressSold DatePrice% Change
121 SOMERSBY ROADDetached, FreeholdArea: 73 Sq.mtrAge: 1950-196630 May 2023£235,000First Sale
75A SOMERSBY ROADFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-197506 Apr 2023£130,00081.82%
31 Mar 2016£71,500First Sale
71A SOMERSBY ROADFlat, LeaseholdArea: 81 Sq.mtrAge: 1950-196629 Mar 2022£148,000131.25%
03 Feb 2017£64,000-28.89%
15 Dec 2006£90,00063.64%
28 Apr 2006£55,000First Sale
111 SOMERSBY ROADDetached, FreeholdArea: 104 Sq.mtrAge: 1930-194929 Jun 2021£220,000100.00%
09 Jun 2000£110,00034.15%
21 Feb 1997£82,000First Sale
101 SOMERSBY ROADDetached, FreeholdArea: 110 Sq.mtrAge: 1967-197507 Jun 2019£245,00028.98%
14 Nov 2003£189,950137.44%
12 Nov 1999£80,0007.38%
13 Mar 1998£74,500First Sale
67 - 69 SOMERSBY ROADOther, Leasehold08 Feb 2019£75,000First Sale
77A SOMERSBY ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 1967-197501 Nov 2013£74,5006.50%
25 May 2006£69,950First Sale
115 SOMERSBY ROADDetached, FreeholdArea: 71.15 Sq.mtrAge: 1930-194913 Jul 2012£133,250First Sale
103 SOMERSBY ROADDetached, FreeholdArea: 184 Sq.mtrAge: 1950-196611 May 2012£180,000First Sale
71B SOMERSBY ROADFlat, LeaseholdArea: 36 Sq.mtrAge: 1950-196604 Feb 2011£43,000First Sale
73A SOMERSBY ROADFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-198204 Feb 2002£55,950First Sale
99 SOMERSBY ROADDetached, Freehold13 Dec 2001£105,00077.97%
20 Dec 1996£59,000First Sale
123 SOMERSBY ROADDetached, FreeholdArea: 130 Sq.mtrAge: 1950-196627 Aug 1999£72,000First Sale
73B SOMERSBY ROADFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-198219 Dec 1997£18,750First Sale

Check out the sold house prices near the NG5 4LW postcode. Properties currently for saleProperties currently for rent

SOMERSBY ROAD, NG5 4LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG5 4LW 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 4LW postcode.

  • Detached
    • The average price is around £201,923 median price is £195,000 Standard Deviation is £95,845 with Total Sold: 1,626
    • The Last 5 Year average price is £323,204 with Total Sold: 241
    • The most recent sale happened at this postcode is , 3 WINTRINGHAM CRESCENT: £283,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 41 REVESBY ROAD: £68,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £141,718 median price is £137,475 Standard Deviation is £73,674 with Total Sold: 446
    • The Last 5 Year average price is £258,930 with Total Sold: 46
    • The most recent sale happened at this postcode is , 48 BRECK HILL ROAD: £330,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 PATELEY ROAD: £60,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £101,068 median price is £107,500 Standard Deviation is £46,246 with Total Sold: 600
    • The Last 5 Year average price is £182,294 with Total Sold: 58
    • The most recent sale happened at this postcode is , 41 DOWNHAM CLOSE: £130,000 (Sold on 03 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 WYMONDHAM CLOSE: £46,500 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £79,410 median price is £80,000 Standard Deviation is £31,464 with Total Sold: 346
    • The Last 5 Year average price is £108,551 with Total Sold: 49
    • The most recent sale happened at this postcode is FLAT 1, ROXBY HOUSE DERWENT CRESCENT: £76,000 (Sold on 13 Mar 2024)
    • The first recorded sale happened at this postcode is , 39 BEECH COURT: £49,500 (Sold on 09 Mar 1995)
  • Other
    • The average price is around £334,667 median price is £165,000 Standard Deviation is £335,322 with Total Sold: 9
    • The Last 5 Year average price is £495,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 12 GREENDALE ROAD: £520,000 (Sold on 28 Feb 2022)
    • The first recorded sale happened at this postcode is 1, NEWSTEAD COURT SOMERSBY ROAD: £1,005,000 (Sold on 06 Dec 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£329,368 £3,270 25
2023£326,513 £3,224 38
2022£346,462 £3,365 40
2021£326,672 £3,015 82
2020£296,513 £2,634 56
2019£297,683 £2,605 63
2018£272,219 £2,474 62
2017£257,644 £2,341 70
2016£242,851 £2,205 56
2015£247,134 £2,060 62
2014£212,872 £1,898 74
2013£197,454 £1,848 47
2012£184,889 £1,779 49
2011£208,337 £1,840 31
2010£202,712 £1,795 42
2009£186,175 £1,673 40
2008£199,729 £1,687 29
2007£215,782 £1,708 60
2006£206,327 £1,789 71
2005£224,587 £1,948 47
2004£205,573 £1,790 49
2003£183,415 £1,574 62
2002£146,572 £1,370 69
2001£118,852 £1,003 49
2000£107,153 £947 68
1999£91,124 £795 64
1998£83,586 £710 49
1997£75,889 £706 71
1996£75,106 £695 59
1995£70,823 £603 42
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0002
2023£329,750 £3,566 4
2022£224,200 £2,815 9
2021£267,591 £2,686 11
2020£239,025 £2,481 20
2019£235,000 £2,452 15
2018£213,872 £2,465 16
2017£183,796 £2,147 13
2016£174,496 £2,003 16
2015£158,143 £1,664 7
2014£174,650 £1,675 13
2013£157,188 £1,655 9
2012£152,619 £1,782 8
2011£159,369 £1,709 8
2010£157,461 £1,629 13
2009£144,100 £1,605 15
2008£140,250 £1,667 10
2007£159,734 £1,871 29
2006£160,092 £1,848 25
2005£159,440 £1,979 10
2004£142,293 £1,650 15
2003£149,376 £1,470 23
2002£104,409 £1,265 22
2001£83,454 £884 13
2000£73,722 £872 20
1999£62,768 £661 16
1998£57,099 £646 23
1997£54,265 £624 18
1996£53,284 £613 19
1995£54,416 £630 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,1676
2023£181,846 £2,783 13
2022£190,618 £3,084 17
2021£170,924 £2,356 10
2020£176,025 £2,430 12
2019£153,067 £2,250 15
2018£140,952 £2,155 21
2017£137,947 £2,099 18
2016£122,193 £2,012 22
2015£123,030 £1,906 23
2014£118,600 £1,746 15
2013£113,912 £1,821 12
2012£115,082 £1,848 11
2011£109,949 £1,856 22
2010£111,854 £1,649 14
2009£113,408 £1,618 12
2008£115,492 £1,760 15
2007£129,716 £1,986 26
2006£119,544 £2,046 25
2005£116,092 £1,807 19
2004£105,276 £1,737 31
2003£99,553 £1,570 19
2002£76,924 £1,284 17
2001£64,950 £1,004 41
2000£54,541 £867 22
1999£48,733 £798 33
1998£45,638 £838 26
1997£45,090 £735 26
1996£42,371 £654 34
1995£44,363 £761 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£76,000 £1,101 1
2023£118,900 £2,219 15
2022£113,375 £2,101 12
2021£101,464 £2,219 14
2020£96,929 £1,806 7
2019£111,633 £2,315 15
2018£95,615 £1,881 13
2017£85,730 £1,644 15
2016£104,360 £1,916 29
2015£74,306 £1,756 8
2014£77,875 £1,797 16
2013£74,462 £1,584 13
2012£71,000 £1,477 3
2011£92,400 £1,812 13
2010£97,267 £2,053 6
2009£84,833 £1,916 3
2008£126,833 £2,218 3
2007£91,313 £1,619 15
2006£87,197 £1,589 15
2005£104,333 £2,506 3
2004£84,841 £1,599 16
2003£82,500 £1,670 7
2002£50,515 £1,077 10
2001£54,347 £1,160 21
2000£43,869 £844 16
1999£44,150 £906 10
1998£37,820 £736 10
1997£37,620 £731 12
1996£35,534 £767 13
1995£39,895 £924 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£520,000 £4,094 1
2021£482,500 £3,428 2
2019£100,000 £1,059 2
2018£10,000 £96 1
2017£156,000 £2,103 2
2016£1,005,000 £20,938 1

House Type in NG5 4LW area

The most common house types in the NG5 4LW postcode area are Detached (89), Flat (29), and Semi-detached (6).

Total130
Detached89
Flat29
Semi-detached6
commercial building4
Terraced2
Shared house0
converted building0
temporary structure0

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 (47).

Owned: Owns outright48
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency29
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NG5 4LW have 1 person in household (39), and 2 people in household (38).

1 person in household39
2 people in household38
3 people in household24
4 people in household18
5 people in household5
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0