Housing Market Analysis for CHERRY CLOSE, NG5 8GS

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

Overview of Sold House prices

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

Terraced
- The average price is around £82,580 median price is £80,000 Standard Deviation is £34,471 with Total Sold: 9
- The Last 5 Year average price is £142,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 CHERRY CLOSE: £142,000 (Sold on 14 May 2021)
- The first recorded sale happened at this postcode is 9 CHERRY CLOSE: £41,000 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £71,406 median price is £64,950 Standard Deviation is £27,633 with Total Sold: 9
- The most recent sale happened at this postcode is 5 CHERRY CLOSE: £90,000 (Sold on 05 Sep 2007)
- The first recorded sale happened at this postcode is 5 CHERRY CLOSE: £40,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £176,500 median price is £176,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 31 CHERRY CLOSE: £176,500 (Sold on 10 Sep 2004)
- The first recorded sale happened at this postcode is 31 CHERRY CLOSE: £176,500 (Sold on 10 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 8GS 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£142,000	£2,236	1
2017	£112,500	£1,293	1
2016	£100,000	£1,404	1
2009	£80,000		1
2005	£110,000	£1,732	1
2002	£56,385	£861	2
1997	£44,950	£708	1
1995	£41,000	£646	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£96,000	£1,095	2
2006	£120,000		1
2003	£87,000	£1,221	1
2001	£64,950		1
2000	£41,500	£583	1
1997	£52,000	£605	1
1995	£42,600	£562	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£176,500		1

All the Sales in the CHERRY CLOSE, NG5 8GS

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

Address	Sold Date	Price	% Change
9 CHERRY CLOSETerraced, FreeholdArea: 63.51 Sq.mtrAge: 1900-1929	14 May 2021	£142,000	29.09%
	05 Aug 2005	£110,000	144.72%
	18 Nov 1997	£44,950	9.63%
	25 Aug 1995	£41,000	First Sale
7 CHERRY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	12 Apr 2017	£112,500	50.10%
	18 Oct 2002	£74,950	First Sale
5 CHERRY CLOSETerraced, FreeholdArea: 71.226 Sq.mtrAge: 1900-1929	21 Mar 2016	£100,000	11.11%
	05 Sep 2007	£90,000	3.45%
	05 Dec 2003	£87,000	109.64%
	19 Apr 2000	£41,500	3.75%
	31 Mar 1995	£40,000	First Sale
3 CHERRY CLOSETerraced, Freehold	27 Oct 2009	£80,000	111.53%
3 CHERRY CLOSETerraced, Freehold	30 Sep 2002	£37,820	First Sale
35 CHERRY CLOSESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-1929	25 May 2007	£102,000	First Sale
27 CHERRY CLOSESemi-Detached, Freehold	07 Sep 2006	£120,000	84.76%
	08 Nov 2001	£64,950	43.69%
	05 Apr 1995	£45,200	First Sale
31 CHERRY CLOSEDetached, Freehold	10 Sep 2004	£176,500	First Sale
29 CHERRY CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	15 Aug 1997	£52,000	First Sale

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

CHERRY CLOSE, NG5 8GS Near By properties

Interactive Map

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

Detached
- The average price is around £184,705 median price is £172,500 Standard Deviation is £107,659 with Total Sold: 641
- The Last 5 Year average price is £301,410 with Total Sold: 124
- The most recent sale happened at this postcode is , 48 ACTON ROAD: £260,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 21 RANNOCH RISE: £80,000 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £110,811 median price is £112,000 Standard Deviation is £56,252 with Total Sold: 1,228
- The Last 5 Year average price is £187,276 with Total Sold: 210
- The most recent sale happened at this postcode is , 108 REDHILL ROAD: £280,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 9 CRANSTON AVENUE: £41,000 (Sold on 03 Jan 1995)
Flat
- The average price is around £75,079 median price is £76,500 Standard Deviation is £27,410 with Total Sold: 286
- The Last 5 Year average price is £112,788 with Total Sold: 42
- The most recent sale happened at this postcode is , 93 SMITHY CRESCENT: £130,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is 1, MANCHESTER COURT WOODSIDE DRIVE: £34,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £94,591 median price is £96,750 Standard Deviation is £44,060 with Total Sold: 908
- The Last 5 Year average price is £157,688 with Total Sold: 131
- The most recent sale happened at this postcode is , 26 BURFORD STREET: £130,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 11 BRACKENDALE AVENUE: £39,000 (Sold on 09 Jan 1995)
Other
- The average price is around £353,140 median price is £168,500 Standard Deviation is £461,390 with Total Sold: 44
- The Last 5 Year average price is £329,651 with Total Sold: 29
- The most recent sale happened at this postcode is , 36 CHURCH STREET: £706,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 10 CHAPEL LANE: £127,000 (Sold on 14 Jan 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,450	£3,811	10
2023	£380,071	£2,918	14
2022	£329,075	£3,203	24
2021	£308,954	£2,726	34
2020	£257,314	£2,457	22
2019	£260,308	£2,432	20
2018	£276,085	£2,335	21
2017	£239,932	£2,226	22
2016	£206,364	£2,151	22
2015	£219,022	£2,009	28
2014	£197,130	£1,923	23
2013	£156,021	£1,642	12
2012	£196,794	£1,706	17
2011	£198,514	£1,538	18
2010	£161,325	£1,662	8
2009	£161,855	£1,532	21
2008	£187,100	£1,741	12
2007	£211,182	£1,956	22
2006	£181,296	£1,685	24
2005	£177,687	£1,775	16
2004	£172,013	£1,881	29
2003	£163,509	£1,446	29
2002	£155,607	£1,063	28
2001	£107,772	£923	20
2000	£96,198	£820	22
1999	£79,605	£769	27
1998	£69,485	£621	21
1997	£75,198	£656	35
1996	£60,687	£579	23
1995	£69,253	£518	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,808	£2,144	13
2023	£226,548	£2,648	31
2022	£208,171	£2,654	41
2021	£174,971	£2,291	47
2020	£163,278	£2,117	36
2019	£165,565	£2,087	42
2018	£158,811	£1,948	33
2017	£142,653	£1,819	44
2016	£133,371	£1,693	43
2015	£124,699	£1,664	43
2014	£125,095	£1,611	41
2013	£108,984	£1,406	34
2012	£115,253	£1,448	32
2011	£107,319	£1,378	40
2010	£114,248	£1,377	20
2009	£109,409	£1,320	17
2008	£119,303	£1,472	31
2007	£119,575	£1,568	57
2006	£131,654	£1,660	48
2005	£118,681	£1,572	36
2004	£119,796	£1,505	49
2003	£101,990	£1,305	52
2002	£82,167	£1,030	43
2001	£61,936	£813	45
2000	£56,458	£686	46
1999	£51,384	£734	77
1998	£45,893	£557	42
1997	£41,786	£495	55
1996	£41,846	£549	37
1995	£42,368	£529	53

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£134,940		4
2023	£121,507	£1,974	14
2022	£119,056	£2,070	9
2021	£97,775	£1,795	10
2020	£89,400	£1,631	5
2018	£92,950	£1,738	14
2017	£87,950	£1,725	5
2016	£80,000	£1,309	6
2015	£85,153	£1,429	16
2014	£79,965	£1,380	16
2013	£70,833	£1,263	6
2012	£71,833	£1,311	9
2011	£78,816	£1,314	4
2010	£78,677	£1,416	13
2008	£87,022	£1,563	9
2007	£85,556	£1,651	9
2006	£89,322	£1,522	9
2005	£84,945	£1,617	11
2004	£81,189	£1,474	11
2003	£67,111	£1,289	22
2002	£61,376	£1,067	19
2001	£54,411	£1,083	14
2000	£43,428	£797	9
1999	£36,772	£662	9
1998	£37,516	£655	9
1997	£30,833	£670	3
1996	£35,475	£609	10
1995	£33,386	£568	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£164,950	£2,284	10
2023	£182,462	£2,369	20
2022	£164,719	£2,375	24
2021	£162,619	£2,075	21
2020	£139,150	£1,860	17
2019	£144,220	£1,855	39
2018	£129,028	£1,695	36
2017	£129,806	£1,732	39
2016	£115,230	£1,540	33
2015	£115,714	£1,572	35
2014	£106,586	£1,437	35
2013	£106,525	£1,473	20
2012	£90,102	£1,258	23
2011	£88,846	£1,288	18
2010	£102,750	£1,473	16
2009	£98,597	£1,306	19
2008	£101,883	£1,326	24
2007	£105,079	£1,461	48
2006	£110,877	£1,518	33
2005	£101,134	£1,626	31
2004	£100,626	£1,446	32
2003	£87,650	£1,214	31
2002	£68,961	£998	53
2001	£50,920	£786	47
2000	£48,101	£655	37
1999	£45,425	£667	40
1998	£41,951	£570	29
1997	£36,761	£519	39
1996	£37,234	£514	31
1995	£33,993	£524	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£545,500		2
2023	£292,800	£1,865	5
2022	£324,333		6
2021	£411,282	£4	7
2020	£215,112	£1,165	8
2019	£459,000		1
2018	£168,333		3
2017	£720,395	£1,702	7
2015	£76,000		2
2014	£92,833	£28	3

House Type in NG5 8GS area

The most common house types in the NG5 8GS postcode area are Semi-detached (70), Terraced (30), and Detached (23).

Total	128
Semi-detached	70
Terraced	30
Detached	23
Flat	3
Shared house	2
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 (49), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	49
Owned: Owns outright	39
Private rented: Private landlord or letting agency	17
Social rented: Rents from council or Local Authority	10
Social rented: Other social rented	9
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NG5 8GS have 2 people in household (42), and 1 person in household (39).

2 people in household	42
1 person in household	39
4 people in household	24
3 people in household	16
5 people in household	3
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0