Housing Market Analysis for BANKS CLOSE, NG5 6RH

Are you looking to understand NG5 6RH 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 6RH area, explore the NG5 6RH Area information page.
For comprehensive crime statistics in the NG5 6RH area, explore the NG5 6RH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG5 6RH postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £149,167 median price is £152,500 Standard Deviation is £53,014 with Total Sold: 6
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 BANKS CLOSE: £170,000 (Sold on 09 Apr 2021)
    • The first recorded sale happened at this postcode is 7 BANKS CLOSE: £56,000 (Sold on 06 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 6RH 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£170,000 £2,267 1
2017£225,000 £1,829 1
2014£125,000 £1,667 1
2012£135,000 £1,709 1
2007£184,000 £1,496 1
1997£56,000 £455 1

All the Sales in the BANKS CLOSE, NG5 6RH

See the table below for more details on the sold house prices in the NG5 6RH, Gedling postcode.

AddressSold DatePrice% Change
4 BANKS CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-197509 Apr 2021£170,000First Sale
7 BANKS CLOSESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1967-197522 Sep 2017£225,00022.28%
14 Dec 2007£184,000228.57%
06 Jan 1997£56,000First Sale
2 BANKS CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-197522 Aug 2014£125,000First Sale
6 BANKS CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-197516 Nov 2012£135,000First Sale

Check out the sold house prices near the NG5 6RH postcode. Properties currently for saleProperties currently for rent

BANKS CLOSE, NG5 6RH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG5 6RH 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 6RH postcode.

  • Detached
    • The average price is around £260,754 median price is £232,375 Standard Deviation is £157,803 with Total Sold: 750
    • The Last 5 Year average price is £385,319 with Total Sold: 144
    • 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 , 6 BONETTI CLOSE: £69,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £103,357 median price is £110,000 Standard Deviation is £43,907 with Total Sold: 312
    • The Last 5 Year average price is £126,458 with Total Sold: 65
    • The most recent sale happened at this postcode is , 29 APPLETON GARDENS: £175,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 3, NAYLOR HOUSE DERWENT CRESCENT: £28,750 (Sold on 13 Apr 1995)
  • Terraced
    • The average price is around £129,120 median price is £125,000 Standard Deviation is £56,624 with Total Sold: 306
    • The Last 5 Year average price is £187,903 with Total Sold: 62
    • 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)
  • Semi-Detached
    • The average price is around £131,665 median price is £132,650 Standard Deviation is £61,723 with Total Sold: 614
    • The Last 5 Year average price is £215,451 with Total Sold: 109
    • The most recent sale happened at this postcode is , 14 WILSON CLOSE: £220,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 PETERS CLOSE: £51,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £341,292 median price is £255,000 Standard Deviation is £212,949 with Total Sold: 7
    • The Last 5 Year average price is £338,511 with Total Sold: 4
    • 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 , 92B PLAINS ROAD: £570,000 (Sold on 08 May 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,977 £3,151 13
2023£412,783 £3,366 23
2022£371,021 £3,275 24
2021£417,962 £2,951 33
2020£371,185 £2,596 27
2019£316,333 £2,544 24
2018£302,442 £2,492 26
2017£306,158 £2,279 38
2016£270,982 £2,237 30
2015£294,860 £2,239 25
2014£270,912 £1,960 34
2013£249,978 £1,948 28
2012£209,761 £1,848 23
2011£264,789 £1,909 38
2010£245,635 £2,002 31
2009£213,125 £1,742 16
2008£328,918 £1,946 19
2007£312,700 £2,131 24
2006£264,469 £1,887 39
2005£219,841 £2,128 17
2004£266,584 £2,488 16
2003£225,066 £1,699 25
2002£197,165 £1,542 36
2001£238,887 £1,044 23
2000£107,610 £1,019 21
1999£100,414 £834 18
1998£107,683 £782 23
1997£123,040 £842 30
1996£90,300 £740 14
1995£97,521 £684 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,667 £1,101 3
2023£126,583 £2,083 12
2022£135,938 £2,214 8
2021£120,846 £1,983 13
2020£119,408 £2,066 13
2019£129,625 £2,073 16
2018£121,688 £1,971 13
2017£106,143 £1,776 14
2016£104,792 £1,613 12
2015£107,444 £1,687 9
2014£113,432 £1,805 22
2013£106,042 £1,535 12
2012£99,091 £1,657 11
2011£107,100 £1,586 5
2010£106,649 £1,784 4
2009£116,152 £1,848 23
2008£142,062 £2,259 8
2007£126,905 £1,706 22
2006£137,299 £2,217 22
2005£112,750 £1,482 2
2004£81,041 £1,373 11
2003£80,750 £1,341 2
2002£50,036 £822 7
2001£45,267 £758 9
2000£37,750 £633 8
1999£34,000 £556 4
1998£31,856 £560 7
1997£31,321 £447 7
1996£29,439 £533 9
1995£28,311 £477 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,200 £2,493 5
2023£193,556 £2,704 9
2022£224,660 £2,746 12
2021£198,150 £2,667 10
2020£165,620 £2,335 15
2019£161,841 £2,007 11
2018£172,333 £2,304 12
2017£163,033 £1,948 9
2016£148,583 £1,966 7
2015£155,150 £1,876 10
2014£127,544 £1,776 16
2013£140,230 £1,685 10
2012£113,594 £1,663 8
2011£135,406 £1,513 8
2010£129,690 £1,389 5
2009£143,454 £1,545 11
2008£103,279 £1,189 7
2007£127,727 £1,787 13
2006£133,038 £1,671 12
2005£137,178 £1,708 16
2004£134,931 £1,789 8
2003£106,400 £1,762 9
2002£121,217 £1,420 18
2001£94,400 £1,098 12
2000£55,746 £845 12
1999£49,294 £708 10
1998£43,562 £704 10
1997£45,800 £688 9
1996£45,440 £607 5
1995£44,136 £630 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,464 £2,875 7
2023£253,000 £3,013 11
2022£240,312 £3,008 24
2021£216,007 £2,604 27
2020£190,746 £2,547 19
2019£184,000 £2,318 21
2018£182,117 £2,258 19
2017£160,867 £2,076 18
2016£169,150 £2,041 22
2015£165,656 £2,030 16
2014£141,743 £1,643 21
2013£157,396 £1,864 15
2012£132,764 £1,687 17
2011£132,324 £1,842 16
2010£136,320 £1,819 14
2009£133,734 £1,571 16
2008£133,045 £1,633 11
2007£148,240 £1,738 26
2006£150,588 £1,781 28
2005£143,029 £1,902 24
2004£127,202 £1,592 24
2003£118,016 £1,432 21
2002£95,897 £1,158 16
2001£83,988 £1,181 21
2000£66,310 £872 29
1999£59,187 £755 29
1998£57,019 £707 25
1997£52,554 £737 33
1996£51,584 £697 25
1995£51,874 £617 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2023£225,000 £2,500 1
2021£239,522 £967 2
2018£255,000 £2,361 1
2016£210,0001
2014£570,000 £2,923 1

House Type in NG5 6RH area

The most common house types in the NG5 6RH postcode area are Semi-detached (115), Detached (15), and Terraced (1).

Total131
Semi-detached115
Detached15
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright76
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency4
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG5 6RH have 2 people in household (57), and 1 person in household (35).

2 people in household57
1 person in household35
3 people in household21
4 people in household17
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0