Housing Market Analysis for WELHAM CRESCENT, NG5 7LJ

Are you looking to understand NG5 7LJ 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 7LJ area, explore the NG5 7LJ Area information page.
For comprehensive crime statistics in the NG5 7LJ area, explore the NG5 7LJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG5 7LJ postcode area, The average prices are as follows,

Detached
- The average price is around £193,250 median price is £220,000 Standard Deviation is £92,453 with Total Sold: 6
- The Last 5 Year average price is £262,333 with Total Sold: 3
- The most recent sale happened at this postcode is 2A WELHAM CRESCENT: £318,000 (Sold on 10 Jun 2021)
- The first recorded sale happened at this postcode is 24 WELHAM CRESCENT: £210,000 (Sold on 10 Nov 2023)
Semi-Detached
- The average price is around £93,127 median price is £104,450 Standard Deviation is £48,515 with Total Sold: 15
- The Last 5 Year average price is £149,333 with Total Sold: 3
- The most recent sale happened at this postcode is 3 WELHAM CRESCENT: £150,000 (Sold on 28 Aug 2020)
- The first recorded sale happened at this postcode is 3 WELHAM CRESCENT: £33,000 (Sold on 24 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 7LJ 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
2021	£318,000	£2,917	1
2020	£259,000	£2,846	1
2018	£230,000	£2,473	1
2000	£71,000		1
1995	£71,500		1
2023	£210,000	£2,471	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£149,333	£2,788	3
2017	£124,000	£2,375	1
2013	£111,500	£2,068	2
2008	£166,000	£2,210	1
2006	£95,000	£1,819	1
2004	£104,450	£1,391	1
2001	£49,250		2
1998	£30,000	£611	2
1996	£44,950	£977	1
1995	£33,000	£717	1

All the Sales in the WELHAM CRESCENT, NG5 7LJ

See the table below for more details on the sold house prices in the NG5 7LJ, Gedling postcode.

Address	Sold Date	Price	% Change
2A WELHAM CRESCENTDetached, FreeholdArea: 109 Sq.mtrAge: 2003-2006	10 Jun 2021	£318,000	First Sale
3 WELHAM CRESCENTSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1976-1982	28 Aug 2020	£150,000	212.50%
	27 Mar 1998	£48,000	6.79%
	07 Feb 1996	£44,950	36.21%
	24 Nov 1995	£33,000	First Sale
14 WELHAM CRESCENTDetached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	26 Feb 2020	£259,000	First Sale
11 WELHAM CRESCENTSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	31 Jan 2020	£158,000	1216.67%
	30 Apr 1998	£12,000	First Sale
13 WELHAM CRESCENTSemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1976-1982	24 Jan 2020	£140,000	First Sale
2 WELHAM CRESCENTDetached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	15 Jun 2018	£230,000	First Sale
15 WELHAM CRESCENTSemi-Detached, FreeholdArea: 52.22 Sq.mtr	31 Mar 2017	£124,000	30.53%
15 WELHAM CRESCENTSemi-Detached, FreeholdArea: 52.22 Sq.mtr	28 Feb 2006	£95,000	First Sale
7 WELHAM CRESCENTSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1976-1982	12 Dec 2013	£105,000	First Sale
9 WELHAM CRESCENTSemi-Detached, FreeholdArea: 51.45 Sq.mtrAge: 1950-1966	22 Mar 2013	£118,000	First Sale
5 WELHAM CRESCENTSemi-Detached, FreeholdArea: 75.1 Sq.mtrAge: 1950-1966	05 Dec 2008	£166,000	58.93%
	23 Jul 2004	£104,450	First Sale
1 WELHAM CRESCENTSemi-Detached, Freehold	13 Jun 2001	£56,500	34.52%
1 WELHAM CRESCENTSemi-Detached, Freehold	05 Feb 2001	£42,000	First Sale
18 WELHAM CRESCENTDetached, Freehold	10 Feb 2000	£71,000	First Sale
20 WELHAM CRESCENTDetached, Freehold	28 Jul 1995	£71,500	First Sale
24 WELHAM CRESCENTDetached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	10 Nov 2023	£210,000	First Sale

Check out the sold house prices near the NG5 7LJ postcode. Properties currently for saleProperties currently for rent

WELHAM CRESCENT, NG5 7LJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG5 7LJ 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 7LJ postcode.

Detached
- The average price is around £164,181 median price is £158,000 Standard Deviation is £74,273 with Total Sold: 525
- The Last 5 Year average price is £248,034 with Total Sold: 90
- The most recent sale happened at this postcode is , 2 SHIRLEY DRIVE: £210,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 27 DARLTON DRIVE: £66,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £108,024 median price is £111,500 Standard Deviation is £57,887 with Total Sold: 707
- The Last 5 Year average price is £178,913 with Total Sold: 105
- The most recent sale happened at this postcode is , 3 BROOKFIELD GARDENS: £160,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 87 GEDLING ROAD: £36,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £119,296 median price is £122,000 Standard Deviation is £52,675 with Total Sold: 881
- The Last 5 Year average price is £192,805 with Total Sold: 136
- The most recent sale happened at this postcode is , 1 GORMAN COURT: £210,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 7 EDEN CLOSE: £59,950 (Sold on 11 Jan 1995)
Flat
- The average price is around £74,885 median price is £77,000 Standard Deviation is £38,425 with Total Sold: 233
- The Last 5 Year average price is £102,750 with Total Sold: 32
- 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 FLAT 3, NAYLOR HOUSE DERWENT CRESCENT: £28,750 (Sold on 13 Apr 1995)
Other
- The average price is around £1,021,188 median price is £286,000 Standard Deviation is £1,285,823 with Total Sold: 12
- The Last 5 Year average price is £1,180,176 with Total Sold: 10
- The most recent sale happened at this postcode is , 2C MARSHAM DRIVE: £160,000 (Sold on 06 Sep 2023)
- The first recorded sale happened at this postcode is , 92 ROLLESTON DRIVE: £450,000 (Sold on 18 Feb 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,167	£2,577	6
2023	£290,083	£3,181	12
2022	£232,422	£3,610	13
2021	£234,446	£2,930	28
2020	£233,219	£2,580	16
2019	£263,442	£2,489	15
2018	£207,604	£2,520	23
2017	£196,358	£2,216	13
2016	£206,373	£2,153	30
2015	£172,022	£2,036	23
2014	£179,348	£1,941	21
2013	£166,521	£1,772	21
2012	£156,000	£1,801	8
2011	£151,852	£1,889	17
2010	£181,115	£1,908	17
2009	£143,606	£1,956	9
2008	£163,700		5
2007	£179,202	£1,992	24
2006	£175,305	£1,913	21
2005	£172,174	£1,848	17
2004	£145,876	£1,949	21
2003	£151,328	£1,638	20
2002	£137,298	£1,465	30
2001	£99,578	£1,016	20
2000	£94,093	£872	15
1999	£76,231	£824	21
1998	£76,767	£881	12
1997	£66,459	£744	21
1996	£70,414	£668	7
1995	£62,226	£801	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,292	£2,478	12
2023	£186,750	£2,754	14
2022	£231,511	£4,094	18
2021	£161,933	£2,162	21
2020	£169,003	£2,286	19
2019	£153,190	£2,038	21
2018	£143,480	£2,105	25
2017	£140,322	£1,959	18
2016	£129,238	£1,860	20
2015	£118,931	£1,721	26
2014	£117,719	£1,614	18
2013	£110,866	£1,594	15
2012	£119,063	£1,606	19
2011	£111,283	£1,537	23
2010	£112,662	£1,659	12
2009	£102,995	£1,407	19
2008	£136,549	£1,843	25
2007	£157,025	£1,970	40
2006	£105,767	£1,663	38
2005	£115,182	£1,634	22
2004	£118,110	£1,630	23
2003	£96,263	£1,445	31
2002	£75,597	£1,146	19
2001	£64,669	£944	41
2000	£53,392	£765	25
1999	£49,642	£722	38
1998	£45,258	£695	24
1997	£45,346	£671	27
1996	£41,441	£617	28
1995	£44,473	£628	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,312	£3,217	8
2023	£206,360	£2,862	17
2022	£215,024	£2,736	21
2021	£199,869	£2,640	27
2020	£177,422	£2,418	37
2019	£174,240	£2,261	26
2018	£174,177	£1,969	21
2017	£147,323	£1,986	31
2016	£142,031	£2,040	32
2015	£141,095	£1,873	42
2014	£129,315	£1,631	33
2013	£121,102	£1,611	19
2012	£117,670	£1,588	20
2011	£117,432	£1,654	20
2010	£118,643	£1,791	21
2009	£128,571	£1,596	26
2008	£134,491	£1,897	24
2007	£134,990	£1,661	46
2006	£137,641	£1,734	48
2005	£121,290	£1,736	21
2004	£116,274	£1,538	43
2003	£108,435	£1,371	35
2002	£92,479	£1,125	42
2001	£69,243	£971	36
2000	£60,446	£724	42
1999	£52,115	£748	20
1998	£47,547	£661	32
1997	£47,073	£698	30
1996	£45,022	£597	30
1995	£46,749	£601	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£76,000	£1,101	1
2023	£99,286	£1,691	7
2022	£95,000	£1,633	3
2021	£109,808	£1,908	13
2020	£102,786	£1,870	7
2019	£85,000	£1,518	1
2018	£84,586	£1,326	7
2017	£80,400	£1,362	10
2016	£111,335	£1,224	10
2015	£84,421	£1,822	7
2014	£71,800	£1,250	5
2013	£78,710	£1,318	5
2012	£73,333	£1,315	3
2011	£69,500	£1,077	4
2010	£85,867	£1,497	3
2009	£80,775	£1,330	18
2008	£99,079	£1,472	15
2007	£95,338	£1,569	17
2006	£88,514	£1,558	13
2005	£89,167	£1,457	3
2004	£75,381	£1,308	13
2003	£72,167	£1,341	3
2002	£46,356	£814	9
2001	£43,908	£751	12
2000	£37,750	£633	8
1999	£34,000	£556	5
1998	£33,743	£552	9
1997	£32,094	£447	8
1996	£28,828	£505	9
1995	£28,049	£461	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,000		1
2021	£1,130,292	£2,471	6
2020	£2,625,000		1
2019	£1,117,500		2
2017	£2,500	£28	1
2016	£450,000		1

House Type in NG5 7LJ area

The most common house types in the NG5 7LJ postcode area are Detached (58), Semi-detached (56), and Terraced (3).

Total	119
Detached	58
Semi-detached	56
Terraced	3
Flat	1
converted building	1
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	73
Owned: Owns with a mortgage or loan	31
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	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 NG5 7LJ have 2 people in household (53), and 1 person in household (41).

2 people in household	53
1 person in household	41
4 people in household	14
3 people in household	8
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0