Housing Market Analysis for ELDER CLOSE, NG5 8GF

Are you looking to understand NG5 8GF 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 8GF area, explore the NG5 8GF Area information page.
For comprehensive crime statistics in the NG5 8GF area, explore the NG5 8GF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG5 8GF postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £92,830 median price is £97,500 Standard Deviation is £34,804 with Total Sold: 15
    • The Last 5 Year average price is £110,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 16 ELDER CLOSE: £77,500 (Sold on 26 Nov 2020)
    • The first recorded sale happened at this postcode is 11 ELDER CLOSE: £52,000 (Sold on 08 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 8GF 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
2020£77,500 £945 1
2019£142,500 £1,717 1
2016£128,000 £1,684 1
2014£115,000 £1,369 1
2013£116,000 £1,398 1
2009£85,000 £1,046 1
2007£126,317 £1,349 3
2004£97,500 £1,204 1
2001£56,000 £667 1
2000£56,0001
1999£44,000 £543 1
1997£44,000 £524 1
1996£52,0001

All the Sales in the ELDER CLOSE, NG5 8GF

See the table below for more details on the sold house prices in the NG5 8GF, Gedling postcode.

AddressSold DatePrice% Change
16 ELDER CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1976-198226 Nov 2020£77,500First Sale
4 ELDER CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-197529 Mar 2019£142,50022.84%
20 May 2013£116,000First Sale
3 ELDER CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-198201 Apr 2016£128,000First Sale
15 ELDER CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196631 Oct 2014£115,000105.36%
23 Mar 2001£56,00027.27%
26 Sep 1997£44,000First Sale
14 ELDER CLOSESemi-Detached, FreeholdArea: 81.28 Sq.mtrAge: 1967-197528 May 2009£85,000First Sale
13 ELDER CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-197521 Jun 2007£112,95015.85%
01 Jul 2004£97,500121.59%
30 Apr 1999£44,000First Sale
12 ELDER CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196605 Feb 2007£120,000First Sale
11 ELDER CLOSESemi-Detached, Freehold19 Jan 2007£146,000160.71%
23 Mar 2000£56,0007.69%
08 Nov 1996£52,000First Sale

Check out the sold house prices near the NG5 8GF postcode. Properties currently for saleProperties currently for rent

ELDER CLOSE, NG5 8GF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG5 8GF 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 8GF postcode.

  • Terraced
    • The average price is around £98,406 median price is £99,998 Standard Deviation is £44,568 with Total Sold: 424
    • The Last 5 Year average price is £165,079 with Total Sold: 56
    • The most recent sale happened at this postcode is , 22 SPINNINGDALE: £176,725 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 HARPOLE WALK: £30,000 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £163,587 median price is £152,625 Standard Deviation is £78,986 with Total Sold: 744
    • The Last 5 Year average price is £268,443 with Total Sold: 132
    • The most recent sale happened at this postcode is , 59 PATRICIA DRIVE: £312,500 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 44 PATRICIA DRIVE: £59,995 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £110,873 median price is £112,000 Standard Deviation is £50,653 with Total Sold: 1,154
    • The Last 5 Year average price is £183,755 with Total Sold: 186
    • The most recent sale happened at this postcode is , 9 JENNED ROAD: £295,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 12 NORBETT ROAD: £37,500 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £69,988 median price is £70,000 Standard Deviation is £27,076 with Total Sold: 43
    • The Last 5 Year average price is £107,057 with Total Sold: 7
    • The most recent sale happened at this postcode is , 36A CALVERTON ROAD: £96,400 (Sold on 22 Dec 2022)
    • The first recorded sale happened at this postcode is , 8A BEECHWOOD ROAD: £25,500 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £1,210,885 median price is £102,500 Standard Deviation is £2,260,434 with Total Sold: 6
    • The Last 5 Year average price is £310,103 with Total Sold: 3
    • The most recent sale happened at this postcode is , MILLBECK HOUSE OAKDALE ROAD: £55,309 (Sold on 12 Jan 2022)
    • The first recorded sale happened at this postcode is , 46 CALVERTON ROAD: £3,000 (Sold on 14 Sep 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,2423
2023£194,786 £2,838 7
2022£182,833 £2,750 9
2021£154,369 £2,202 13
2020£157,829 £2,229 18
2019£138,667 £2,061 6
2018£138,972 £2,085 9
2017£141,769 £1,859 13
2016£128,579 £1,968 7
2015£116,357 £1,827 15
2014£114,249 £1,724 19
2013£106,783 £1,580 15
2012£105,803 £1,596 12
2011£125,632 £1,605 17
2010£107,768 £1,481 11
2009£93,619 £1,377 8
2008£112,332 £1,740 6
2007£123,314 £1,815 14
2006£118,246 £1,805 12
2005£110,107 £1,580 14
2004£107,979 £1,622 19
2003£98,103 £1,421 18
2002£74,048 £1,061 20
2001£63,023 £947 26
2000£57,617 £846 12
1999£47,734 £690 33
1998£46,784 £759 20
1997£45,509 £694 17
1996£43,108 £671 18
1995£44,508 £583 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,700 £5,083 10
2023£282,089 £3,270 18
2022£293,403 £3,167 21
2021£293,725 £2,876 20
2020£250,020 £2,437 25
2019£242,196 £2,449 38
2018£212,303 £2,429 19
2017£211,337 £2,248 29
2016£179,830 £2,047 28
2015£187,619 £1,994 21
2014£182,268 £1,951 39
2013£158,521 £1,782 24
2012£163,225 £1,774 31
2011£158,050 £1,956 19
2010£158,545 £1,661 11
2009£173,779 £1,752 14
2008£174,405 £1,896 12
2007£176,471 £1,832 29
2006£191,766 £1,956 22
2005£182,050 £1,930 10
2004£166,332 £1,979 22
2003£156,245 £1,747 40
2002£123,961 £1,298 19
2001£103,366 £1,014 28
2000£89,286 £955 32
1999£77,560 £862 38
1998£78,661 £748 31
1997£80,138 £762 31
1996£75,459 £765 31
1995£78,387 £821 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,857 £1,965 7
2023£192,607 £2,663 21
2022£209,330 £2,637 35
2021£190,115 £2,399 46
2020£178,357 £2,058 28
2019£154,791 £1,906 49
2018£155,293 £2,079 47
2017£136,428 £1,793 38
2016£133,148 £1,736 44
2015£124,635 £1,558 46
2014£133,537 £1,572 38
2013£117,335 £1,466 49
2012£113,123 £1,496 28
2011£112,206 £1,400 24
2010£112,737 £1,400 27
2009£107,163 £1,374 38
2008£112,779 £1,412 21
2007£120,279 £1,506 52
2006£119,425 £1,539 38
2005£117,920 £1,646 40
2004£110,267 £1,341 51
2003£98,158 £1,251 43
2002£78,456 £1,032 38
2001£63,405 £816 49
2000£54,498 £715 42
1999£48,467 £649 58
1998£45,764 £574 35
1997£44,268 £589 41
1996£43,634 £529 48
1995£44,610 £562 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£116,700 £2,158 2
2021£132,5001
2020£96,000 £1,600 1
2019£95,833 £1,807 3
2018£83,000 £1,624 3
2017£77,500 £1,276 2
2016£79,500 £1,517 2
2015£72,0001
2014£70,000 £1,723 1
2012£66,700 £1,358 1
2011£73,500 £1,709 1
2010£62,000 £1,170 1
2009£62,000 £1,124 2
2008£99,9501
2007£90,500 £1,520 2
2006£75,000 £1,744 1
2005£81,667 £1,702 3
2004£64,000 £1,016 1
2003£49,413 £843 3
2002£53,817 £1,101 3
2000£40,875 £891 2
1999£28,0001
1998£28,750 £739 2
1996£30,750 £650 2
1995£25,500 £395 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£55,3091
2020£770,0001
2019£105,0001
2018£3,166,000 £408 2
2017£3,0001

House Type in NG5 8GF area

The most common house types in the NG5 8GF postcode area are Detached (59), Semi-detached (53), and Terraced (1).

Total113
Detached59
Semi-detached53
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 (54), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright54
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority4
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG5 8GF have 2 people in household (45), and 3 people in household (28).

2 people in household45
3 people in household28
1 person in household17
4 people in household14
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0