Housing Market Analysis for NG5 8RQ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £154,162 median price is £157,995 Standard Deviation is £6,568 with Total Sold: 6
    • The Last 5 Year average price is £154,162 with Total Sold: 6
    • The most recent sale happened at this postcode is 1 NICHOLSON CLOSE: £160,995 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is 14 NICHOLSON CLOSE: £144,995 (Sold on 09 Dec 2022)
  • Semi-Detached
    • The average price is around £211,842 median price is £217,995 Standard Deviation is £8,627 with Total Sold: 13
    • The Last 5 Year average price is £211,842 with Total Sold: 13
    • The most recent sale happened at this postcode is 26 NICHOLSON CLOSE: £217,995 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is 28 NICHOLSON CLOSE: £190,000 (Sold on 03 Feb 2023)
  • Terraced
    • The average price is around £205,896 median price is £197,995 Standard Deviation is £21,488 with Total Sold: 10
    • The Last 5 Year average price is £205,896 with Total Sold: 10
    • The most recent sale happened at this postcode is 6 NICHOLSON CLOSE: £198,995 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is 36 NICHOLSON CLOSE: £230,000 (Sold on 10 Feb 2023)
  • Detached
    • The average price is around £195,000 median price is £195,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 NICHOLSON CLOSE: £195,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is 12 NICHOLSON CLOSE: £195,000 (Sold on 20 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NG5 8RQ 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£154,162 £2,618 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£208,663 £3,045 3
2022£212,795 £3,416 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£199,852 £3,251 7
2023£219,998 £3,188 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,000 £3,482 1

All the Sales in the NG5 8RQ

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

AddressSold DatePrice% Change
1 NICHOLSON CLOSEFlat, LeaseholdArea: 68 Sq.mtrAge: 202131 Aug 2022£160,995First Sale
26 NICHOLSON CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 202131 Jan 2023£217,9950.0
31 Jan 2023£217,995First Sale
25 NICHOLSON CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 202130 Nov 2022£217,9950.0
30 Nov 2022£217,995First Sale
16 NICHOLSON CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 202129 Sep 2022£157,995First Sale
18 NICHOLSON CLOSEFlat, LeaseholdArea: 68 Sq.mtrAge: 202129 Sep 2022£157,995First Sale
6 NICHOLSON CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 202125 Aug 2022£198,995First Sale
8 NICHOLSON CLOSETerraced, Freehold25 Aug 2022£184,9950.0
25 Aug 2022£184,995First Sale
10 NICHOLSON CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 202125 Aug 2022£185,995First Sale
34 NICHOLSON CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 202121 Dec 2022£249,995First Sale
12 NICHOLSON CLOSEDetached, FreeholdArea: 56 Sq.mtrAge: 202120 Feb 2024£195,000First Sale
24 NICHOLSON CLOSESemi-Detached, Freehold19 Dec 2022£204,9950.0
19 Dec 2022£204,995First Sale
32 NICHOLSON CLOSETerraced, Freehold19 Dec 2022£196,9950.0
19 Dec 2022£196,995First Sale
30 NICHOLSON CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 202117 Jan 2023£199,995First Sale
20 NICHOLSON CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 202116 Dec 2022£144,995First Sale
22 NICHOLSON CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 202114 Dec 2022£204,9950.0
14 Dec 2022£204,995First Sale
3 NICHOLSON CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 202113 Oct 2022£157,995First Sale
36 NICHOLSON CLOSETerraced, Freehold10 Feb 2023£230,0000.0
10 Feb 2023£230,000First Sale
14 NICHOLSON CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 202109 Dec 2022£144,995First Sale
29 NICHOLSON CLOSESemi-Detached, Freehold07 Dec 2022£217,9950.0
07 Dec 2022£217,995First Sale
27 NICHOLSON CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 202107 Dec 2022£217,9950.0
07 Dec 2022£217,995First Sale
28 NICHOLSON CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 202103 Feb 2023£190,000First Sale

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

NG5 8RQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £194,130 median price is £189,950 Standard Deviation is £89,289 with Total Sold: 716
    • The Last 5 Year average price is £303,615 with Total Sold: 96
    • The most recent sale happened at this postcode is , 6 CROMDALE CLOSE: £399,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 DRAKEMYRE CLOSE: £80,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £120,745 median price is £121,000 Standard Deviation is £56,264 with Total Sold: 745
    • The Last 5 Year average price is £203,572 with Total Sold: 109
    • 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 , 25 KILLISICK ROAD: £40,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £105,670 median price is £110,000 Standard Deviation is £25,574 with Total Sold: 231
    • The Last 5 Year average price is £122,323 with Total Sold: 42
    • 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 , 6 ARMADALE CLOSE: £44,500 (Sold on 25 May 1995)
  • Terraced
    • The average price is around £109,316 median price is £111,000 Standard Deviation is £55,505 with Total Sold: 964
    • The Last 5 Year average price is £184,380 with Total Sold: 121
    • The most recent sale happened at this postcode is , 46 GLENEAGLES DRIVE: £200,000 (Sold on 16 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 £431,830 median price is £220,000 Standard Deviation is £544,748 with Total Sold: 7
    • The Last 5 Year average price is £503,385 with Total Sold: 6
    • 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 , 139 ROLLESTON DRIVE: £2,500 (Sold on 12 Apr 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,423 £3,513 13
2023£319,939 £3,234 15
2022£293,399 £3,226 20
2021£314,928 £3,109 28
2020£283,275 £2,709 20
2019£262,300 £2,525 20
2018£270,125 £2,251 20
2017£248,565 £2,407 23
2016£218,530 £2,138 23
2015£241,041 £2,112 24
2014£240,894 £2,136 46
2013£213,723 £2,014 20
2012£209,262 £1,671 19
2011£192,125 £1,914 20
2010£180,389 £1,763 14
2009£200,532 £1,786 14
2008£199,893 £1,842 15
2007£220,572 £2,059 27
2006£199,858 £2,061 30
2005£222,718 £2,105 16
2004£189,915 £1,929 33
2003£178,145 £1,771 39
2002£165,027 £1,459 33
2001£131,057 £1,180 22
2000£103,204 £953 28
1999£89,728 £933 34
1998£86,969 £766 18
1997£81,911 £689 28
1996£78,050 £734 34
1995£82,820 £835 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,5005
2023£219,161 £2,718 17
2022£217,248 £2,735 30
2021£197,517 £2,331 37
2020£177,025 £2,246 20
2019£168,391 £2,126 32
2018£165,801 £2,008 27
2017£142,875 £1,848 24
2016£146,450 £1,725 20
2015£138,239 £1,644 27
2014£129,792 £1,529 20
2013£138,830 £1,559 24
2012£112,273 £1,410 11
2011£126,104 £1,568 14
2010£117,374 £1,446 23
2009£115,880 £1,419 20
2008£122,952 £1,476 9
2007£130,605 £1,600 38
2006£130,650 £1,634 36
2005£121,879 £1,714 14
2004£118,934 £1,297 31
2003£120,659 £1,357 32
2002£85,671 £1,057 35
2001£68,368 £780 31
2000£63,107 £736 33
1999£53,492 £721 27
1998£48,490 £628 26
1997£48,157 £615 21
1996£48,441 £600 37
1995£47,014 £634 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£116,3333
2023£127,571 £2,492 7
2022£131,857 £2,304 17
2021£113,375 £1,708 8
2020£106,714 £1,725 7
2019£96,125 £1,604 4
2018£95,423 £1,790 13
2017£100,875 £1,687 4
2016£97,500 £1,605 8
2015£92,750 £2,346 4
2014£91,667 £1,511 6
2012£98,900 £1,641 3
2011£75,500 £1,420 3
2009£62,000 £1,124 2
2008£99,9501
2007£111,682 £1,875 11
2006£120,000 £1,876 3
2005£110,286 £1,862 11
2004£116,441 £1,930 50
2003£102,824 £1,767 55
2002£75,000 £1,224 2
2001£50,333 £892 3
1998£23,5001
1996£46,000 £719 1
1995£36,500 £586 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,0819
2023£205,697 £2,942 20
2022£219,407 £3,563 32
2021£155,189 £2,515 28
2020£160,810 £2,227 32
2019£147,350 £2,195 20
2018£159,016 £2,204 16
2017£142,426 £2,060 34
2016£136,441 £1,962 16
2015£122,969 £1,801 38
2014£119,812 £1,849 28
2013£113,663 £1,601 35
2012£108,786 £1,642 18
2011£114,293 £1,657 28
2010£108,321 £1,619 20
2009£117,897 £1,666 15
2008£116,013 £1,782 19
2007£135,516 £1,904 41
2006£131,266 £1,807 37
2005£120,577 £1,803 24
2004£115,101 £1,677 44
2003£128,894 £1,595 80
2002£88,402 £1,245 46
2001£63,161 £999 56
2000£55,766 £876 40
1999£49,865 £776 51
1998£46,647 £736 39
1997£45,139 £688 38
1996£43,821 £679 31
1995£44,738 £690 29
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2023£220,000 £1,876 1
2022£55,3091
2020£838,333 £1,964 3
2017£2,500 £28 1

House Type in NG5 8RQ area

The most common house types in the NG5 8RQ postcode area are Semi-detached (47), Detached (36), and Terraced (25).

Total109
Semi-detached47
Detached36
Terraced25
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright52
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority4
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG5 8RQ have 2 people in household (50), and 1 person in household (33).

2 people in household50
1 person in household33
3 people in household19
4 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0