Housing Market Analysis for NG5 8PY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £155,745 median price is £154,995 Standard Deviation is £1,299 with Total Sold: 4
    • The Last 5 Year average price is £155,745 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 ADAMS DRIVE: £154,995 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is 6 ADAMS DRIVE: £154,995 (Sold on 08 Aug 2022)
  • Semi-Detached
    • The average price is around £214,995 median price is £214,995 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £214,995 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 ADAMS DRIVE: £214,995 (Sold on 16 Jun 2022)
    • The first recorded sale happened at this postcode is 5 ADAMS DRIVE: £214,995 (Sold on 16 Jun 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 8PY 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£155,745 £2,477 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£214,995 £3,209 1

All the Sales in the NG5 8PY

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

AddressSold DatePrice% Change
2 ADAMS DRIVEFlat, LeaseholdArea: 68 Sq.mtrAge: 202129 Jul 2022£154,995First Sale
5 ADAMS DRIVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 202116 Jun 2022£214,995First Sale
6 ADAMS DRIVEFlat, Leasehold08 Aug 2022£154,9950.0
08 Aug 2022£154,995First Sale
4 ADAMS DRIVEFlat, LeaseholdArea: 55 Sq.mtrAge: 202108 Aug 2022£157,995First Sale

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

NG5 8PY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £115,259 median price is £117,000 Standard Deviation is £49,379 with Total Sold: 163
    • The Last 5 Year average price is £170,252 with Total Sold: 40
    • The most recent sale happened at this postcode is , 3 ULGHAM CLOSE: £150,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 77 REDHILL ROAD: £31,750 (Sold on 13 Apr 1995)
  • Semi-Detached
    • The average price is around £127,037 median price is £125,000 Standard Deviation is £64,449 with Total Sold: 327
    • The Last 5 Year average price is £208,390 with Total Sold: 59
    • The most recent sale happened at this postcode is , 10 CHURCH LANE: £120,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 44 LILLEKER RISE: £37,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £204,176 median price is £200,000 Standard Deviation is £106,795 with Total Sold: 435
    • The Last 5 Year average price is £308,564 with Total Sold: 81
    • The most recent sale happened at this postcode is , 101 REDHILL ROAD: £218,500 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 12 KENNETH ROAD: £69,500 (Sold on 29 Mar 1995)
  • Flat
    • The average price is around £82,127 median price is £84,750 Standard Deviation is £39,827 with Total Sold: 52
    • The Last 5 Year average price is £140,724 with Total Sold: 11
    • The most recent sale happened at this postcode is , 2 LARKSPUR AVENUE: £111,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 27 LARKSPUR AVENUE: £39,750 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £138,188 median price is £138,188 Standard Deviation is £137,812 with Total Sold: 2
    • The Last 5 Year average price is £138,188 with Total Sold: 2
    • The most recent sale happened at this postcode is , 262 MANSFIELD ROAD: £276,000 (Sold on 08 Mar 2022)
    • The first recorded sale happened at this postcode is , 52 DERRY HILL ROAD: £375 (Sold on 18 Nov 2021)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,333 £1,887 3
2023£178,070 £2,738 7
2022£183,372 £2,763 15
2021£153,062 £2,241 8
2020£197,000 £2,568 2
2019£150,500 £2,146 5
2018£127,071 £1,949 7
2017£135,242 £1,999 6
2016£131,000 £1,706 5
2015£140,742 £2,123 8
2014£94,493 £1,487 15
2013£92,250 £1,464 4
2012£129,000 £1,931 2
2011£122,500 £1,455 2
2010£123,831 £1,533 3
2009£107,833 £1,478 3
2008£110,000 £1,380 3
2007£131,500 £1,567 4
2006£111,800 £1,826 6
2005£125,875 £1,829 4
2004£119,741 £1,718 6
2003£114,390 £1,348 5
2002£78,225 £1,059 6
2001£65,667 £1,129 3
2000£58,855 £822 8
1999£49,990 £726 5
1998£47,778 £796 7
1997£43,167 £697 3
1996£45,689 £594 5
1995£36,867 £525 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,667 £2,199 3
2023£234,714 £2,852 7
2022£227,499 £3,074 6
2021£211,400 £2,538 10
2020£195,467 £2,281 15
2019£192,000 £2,303 18
2018£181,350 £2,281 10
2017£160,833 £2,116 9
2016£145,812 £1,794 8
2015£157,383 £1,951 20
2014£146,787 £1,658 29
2013£125,040 £1,557 11
2012£139,531 £1,801 5
2011£142,643 £1,704 7
2010£127,742 £1,640 6
2009£114,243 £1,717 7
2008£104,5002
2007£135,345 £1,668 10
2006£139,897 £1,763 16
2005£149,338 £1,998 8
2004£146,914 £1,692 7
2003£122,250 £1,282 10
2002£75,715 £988 13
2001£64,239 £847 14
2000£58,493 £823 7
1999£47,893 £837 7
1998£49,335 £615 17
1997£48,550 £592 14
1996£44,235 £539 14
1995£44,929 £541 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£218,5001
2023£381,667 £3,263 12
2022£356,258 £3,358 12
2021£326,139 £2,837 22
2020£244,281 £2,401 16
2019£268,694 £2,695 18
2018£273,286 £2,487 14
2017£249,559 £2,284 17
2016£213,911 £2,263 17
2015£256,744 £2,094 62
2014£221,133 £1,990 28
2013£249,437 £1,945 8
2012£190,150 £1,870 10
2011£179,583 £1,571 6
2010£194,944 £1,525 9
2009£183,500 £1,683 8
2008£178,375 £1,670 4
2007£196,577 £2,043 13
2006£220,000 £1,826 11
2005£198,314 £1,886 11
2004£159,359 £2,013 11
2003£192,564 £1,704 12
2002£145,132 £1,054 11
2001£96,371 £1,091 14
2000£101,557 £894 14
1999£76,224 £714 8
1998£89,059 £732 22
1997£70,618 £725 17
1996£64,810 £705 15
1995£63,958 £480 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£118,000 £2,145 2
2022£155,995 £2,477 7
2021£115,000 £2,130 1
2020£105,000 £854 1
2018£103,125 £1,869 4
2017£89,833 £1,718 3
2015£93,750 £1,510 4
2014£74,333 £1,336 3
2013£92,999 £1,453 1
2012£87,000 £1,642 1
2009£80,500 £1,464 1
2008£88,000 £1,375 1
2007£95,000 £772 1
2006£82,500 £1,500 1
2005£104,000 £1,962 1
2003£69,950 £1,128 1
2002£44,950 £817 1
2001£56,000 £1,099 1
2000£46,167 £821 3
1999£40,000 £645 1
1998£36,665 £462 3
1997£35,250 £635 4
1996£34,500 £469 3
1995£36,250 £618 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£276,0001
2021£375 £4 1

House Type in NG5 8PY area

The most common house types in the NG5 8PY postcode area are Detached (48), temporary structure (21), and Semi-detached (12).

Total86
Detached48
temporary structure21
Semi-detached12
Terraced5
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (10).

Owned: Owns outright64
Owned: Owns with a mortgage or loan10
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
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 8PY have 2 people in household (40), and 1 person in household (24).

2 people in household40
1 person in household24
3 people in household11
4 people in household9
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0