Housing Market Analysis for RICHEY CLOSE, NG5 7LQ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £142,797 median price is £135,000 Standard Deviation is £63,735 with Total Sold: 23
- The Last 5 Year average price is £244,600 with Total Sold: 5
- The most recent sale happened at this postcode is 25 RICHEY CLOSE: £220,000 (Sold on 25 Mar 2022)
- The first recorded sale happened at this postcode is 29 RICHEY CLOSE: £245,000 (Sold on 16 Nov 2023)
Other
- The average price is around £4,044 median price is £4,044 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £4,044 with Total Sold: 1
- The most recent sale happened at this postcode is 33 RICHEY CLOSE: £4,044 (Sold on 24 Feb 2021)
- The first recorded sale happened at this postcode is 33 RICHEY CLOSE: £4,044 (Sold on 24 Feb 2021)
Detached
- The average price is around £144,380 median price is £133,000 Standard Deviation is £40,542 with Total Sold: 5
- The most recent sale happened at this postcode is 10 RICHEY CLOSE: £202,000 (Sold on 25 Feb 2016)
- The first recorded sale happened at this postcode is 26 RICHEY CLOSE: £84,950 (Sold on 20 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 7LQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£220,000	£2,932	1
2021	£252,667	£2,636	3
2016	£175,000	£2,303	1
2015	£137,000	£1,826	1
2014	£136,000	£1,813	1
2013	£136,000	£1,333	1
2012	£104,000	£1,386	1
2011	£134,342	£2,471	2
2010	£124,000	£1,600	1
2009	£117,000	£1,560	1
2008	£148,500	£1,515	1
2004	£158,000	£1,244	1
2003	£115,975	£1,599	2
2001	£74,150		2
2000	£69,950	£714	1
1999	£55,000		1
1995	£51,950	£693	1
2023	£245,000	£2,402	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£4,044		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£202,000	£1,877	1
2003	£174,950	£1,508	1
2002	£133,000	£1,047	1
2001	£127,000		1
1999	£84,950	£669	1

All the Sales in the RICHEY CLOSE, NG5 7LQ

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

Address	Sold Date	Price	% Change
25 RICHEY CLOSESemi-Detached, FreeholdArea: 75.04 Sq.mtrAge: 1967-1975	25 Mar 2022	£220,000	60.58%
	09 Oct 2015	£137,000	31.73%
	22 Jun 2012	£104,000	First Sale
2 RICHEY CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1967-1975	17 Sep 2021	£265,000	First Sale
7 RICHEY CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	23 Aug 2021	£200,000	First Sale
20 RICHEY CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1983-1990	13 Apr 2021	£293,000	First Sale
33 RICHEY CLOSEOther, Freehold	24 Feb 2021	£4,044	-96.39%
33 RICHEY CLOSEOther, Freehold	18 Jul 2003	£112,000	First Sale
13 RICHEY CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	15 Jul 2016	£175,000	First Sale
10 RICHEY CLOSEDetached, FreeholdArea: 107.59 Sq.mtrAge: 1983-1990	25 Feb 2016	£202,000	First Sale
19 RICHEY CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-1982	22 Sep 2014	£136,000	16.24%
	06 Apr 2009	£117,000	-2.46%
	21 Nov 2003	£119,950	130.90%
	25 Aug 1995	£51,950	First Sale
29 RICHEY CLOSESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	26 Apr 2013	£136,000	-44.49%
	16 Nov 2023	£245,000	First Sale
21 RICHEY CLOSESemi-Detached, FreeholdArea: 37.44 Sq.mtrAge: 1967-1975	19 Aug 2011	£135,000	First Sale
9 RICHEY CLOSESemi-Detached, FreeholdArea: 100.06 Sq.mtrAge: 1967-1975	11 Feb 2011	£133,685	First Sale
35 RICHEY CLOSESemi-Detached, FreeholdArea: 77.49 Sq.mtrAge: 1967-1975	09 Jul 2010	£124,000	First Sale
1 RICHEY CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	03 Mar 2008	£148,500	112.29%
	21 Jan 2000	£69,950	First Sale
6 RICHEY CLOSESemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1967-1975	22 Oct 2004	£158,000	First Sale
8 RICHEY CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1976-1982	23 Jun 2003	£174,950	First Sale
26 RICHEY CLOSEDetached, FreeholdArea: 127 Sq.mtrAge: 1996-2002	03 May 2002	£133,000	56.56%
	20 Aug 1999	£84,950	First Sale
15 RICHEY CLOSESemi-Detached, Freehold	11 Jul 2001	£74,500	First Sale
24 RICHEY CLOSEDetached, Freehold	26 Apr 2001	£127,000	First Sale
3 RICHEY CLOSESemi-Detached, Freehold	20 Apr 2001	£73,800	First Sale
37 RICHEY CLOSESemi-Detached, Freehold	01 Apr 1999	£55,000	First Sale

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

RICHEY CLOSE, NG5 7LQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £125,823 median price is £129,500 Standard Deviation is £54,301 with Total Sold: 1,013
- The Last 5 Year average price is £200,866 with Total Sold: 175
- The most recent sale happened at this postcode is , 246 COPPICE ROAD: £245,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 5 PETERS CLOSE: £51,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £215,350 median price is £190,000 Standard Deviation is £126,817 with Total Sold: 721
- The Last 5 Year average price is £300,339 with Total Sold: 119
- 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)
Flat
- The average price is around £113,214 median price is £114,995 Standard Deviation is £21,042 with Total Sold: 243
- The Last 5 Year average price is £124,596 with Total Sold: 53
- The most recent sale happened at this postcode is , 78 EDISON WAY: £89,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 21 EDISON WAY: £117,495 (Sold on 23 May 2003)
Terraced
- The average price is around £147,734 median price is £157,000 Standard Deviation is £51,426 with Total Sold: 393
- The Last 5 Year average price is £197,292 with Total Sold: 74
- 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 , 1 ELLESMERE CLOSE: £45,000 (Sold on 13 Jan 1995)
Other
- The average price is around £992,774 median price is £340,000 Standard Deviation is £1,234,873 with Total Sold: 8
- The Last 5 Year average price is £880,874 with Total Sold: 5
- The most recent sale happened at this postcode is , 7 SAXTON COURT: £230,000 (Sold on 23 Jan 2024)
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,312	£2,982	12
2023	£224,369	£2,967	22
2022	£219,448	£2,800	29
2021	£204,432	£2,555	40
2020	£185,869	£2,454	37
2019	£176,836	£2,339	35
2018	£173,638	£2,154	36
2017	£156,958	£2,055	33
2016	£157,542	£2,025	36
2015	£146,305	£1,933	41
2014	£134,184	£1,641	38
2013	£127,145	£1,687	20
2012	£121,432	£1,610	23
2011	£131,482	£1,765	20
2010	£121,122	£1,670	18
2009	£124,424	£1,496	31
2008	£130,992	£1,872	21
2007	£138,086	£1,697	48
2006	£136,975	£1,691	47
2005	£136,963	£1,950	27
2004	£123,650	£1,597	50
2003	£119,080	£1,475	45
2002	£94,711	£1,124	35
2001	£76,810	£1,071	48
2000	£63,858	£791	44
1999	£57,211	£737	37
1998	£51,505	£697	41
1997	£50,749	£742	41
1996	£50,148	£711	34
1995	£50,960	£646	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,250	£3,809	8
2023	£283,275	£3,191	13
2022	£326,365	£3,500	26
2021	£316,000	£2,890	33
2020	£271,000	£2,771	17
2019	£276,330	£2,691	22
2018	£241,600	£2,518	34
2017	£249,382	£2,393	20
2016	£211,436	£2,229	28
2015	£243,735	£2,166	34
2014	£213,671	£2,051	26
2013	£186,275	£1,877	18
2012	£221,351	£1,842	25
2011	£205,370	£1,895	28
2010	£205,853	£1,867	14
2009	£224,893	£1,845	15
2008	£298,814	£1,772	14
2007	£278,836	£2,204	28
2006	£194,294	£1,919	25
2005	£220,422	£2,096	20
2004	£221,031	£2,061	55
2003	£185,036	£1,649	25
2002	£226,615	£1,527	44
2001	£207,800	£1,176	24
2000	£188,582	£1,087	26
1999	£82,129	£816	26
1998	£88,982	£875	17
1997	£77,734	£675	27
1996	£81,579	£671	12
1995	£61,373	£735	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,375		4
2023	£134,143	£2,572	7
2022	£128,469	£2,273	13
2021	£121,050	£1,914	10
2020	£120,500	£1,968	11
2019	£120,625	£2,033	8
2018	£101,830	£1,888	15
2017	£111,214	£1,942	7
2016	£101,571	£1,615	7
2015	£88,500	£1,771	4
2014	£91,667	£1,511	6
2013	£122,390	£1,931	10
2012	£114,620	£2,099	10
2011	£75,500	£1,420	3
2010	£126,498	£2,099	2
2009	£115,750	£1,920	4
2007	£110,550	£1,870	10
2006	£126,000	£1,823	2
2005	£116,794	£1,894	9
2004	£117,512	£1,950	49
2003	£105,905	£1,821	52

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,200	£2,493	5
2023	£199,439	£2,446	9
2022	£239,885	£2,756	18
2021	£182,231	£2,519	13
2020	£181,294	£2,318	17
2019	£172,479	£2,239	12
2018	£181,281	£2,308	16
2017	£165,015	£1,969	17
2016	£166,280	£1,939	11
2015	£158,781	£1,845	16
2014	£137,400	£1,690	10
2013	£143,692	£1,593	12
2012	£145,888	£1,869	12
2011	£142,852	£1,615	12
2010	£139,300	£1,792	5
2009	£155,133	£1,767	15
2008	£101,994	£1,577	8
2007	£143,822	£1,781	20
2006	£145,695	£1,668	19
2005	£146,425	£1,722	14
2004	£160,310	£2,030	16
2003	£154,595	£1,706	45
2002	£136,555	£1,579	21
2001	£87,869	£1,186	13
2000	£51,993	£932	7
1999	£48,776	£818	9
1998	£47,125	£623	4
1997	£44,750	£683	4
1996	£44,417	£614	3
1995	£45,190	£771	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,000		1
2023	£542,500	£2,500	2
2021	£4,044		1
2019	£3,085,324		1
2018	£3,085,324		1
2017	£2,500	£28	1
2016	£450,000		1

House Type in NG5 7LQ area

The most common house types in the NG5 7LQ postcode area are Semi-detached (113), Detached (21), and Terraced (0).

Total	134
Semi-detached	113
Detached	21
Terraced	0
Flat	0
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 (64), and Owned: Owns outright (57).

Owned: Owns with a mortgage or loan	64
Owned: Owns outright	57
Private rented: Private landlord or letting agency	8
Social rented: Other social rented	3
Private rented: Other private 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 7LQ have 2 people in household (54), and 1 person in household (29).

2 people in household	54
1 person in household	29
4 people in household	28
3 people in household	15
5 people in household	5
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0