Housing Market Analysis for MERCHANT AVENUE, NG8 3QA

Are you looking to understand NG8 3QA 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 Nottingham postcode.

For the location information and nearby amenities in the NG8 3QA area, explore the NG8 3QA Area information page.
For comprehensive crime statistics in the NG8 3QA area, explore the NG8 3QA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG8 3QA postcode area, The average prices are as follows,

  • Flat
    • The average price is around £118,951 median price is £112,832 Standard Deviation is £22,479 with Total Sold: 10
    • The Last 5 Year average price is £132,060 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 5, 1 MERCHANT AVENUE: £162,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is APARTMENT 9, 1 MERCHANT AVENUE: £113,263 (Sold on 27 Jul 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average NG8 3QA 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
2024£162,000 £2,893 2
2019£102,119 £1,824 2
2018£110,212 £1,877 6

All the Sales in the MERCHANT AVENUE, NG8 3QA

See the table below for more details on the sold house prices in the NG8 3QA, Nottingham postcode.

AddressSold DatePrice% Change
FLAT 5, 1 MERCHANT AVENUEFlat, LeaseholdArea: 56 Sq.mtr28 Mar 2024£162,0000.0
28 Mar 2024£162,00057.87%
30 Jan 2019£102,619First Sale
FLAT 8, 1 MERCHANT AVENUEFlat, LeaseholdArea: 56 Sq.mtr31 Jan 2019£101,619First Sale
FLAT 4, 1 MERCHANT AVENUEFlat, LeaseholdArea: 60 Sq.mtr23 Nov 2018£115,112First Sale
FLAT 3, 1 MERCHANT AVENUEFlat, LeaseholdArea: 62 Sq.mtr19 Sep 2018£112,400First Sale
FLAT 2, 1 MERCHANT AVENUEFlat, LeaseholdArea: 50 Sq.mtr27 Jul 2018£93,988First Sale
FLAT 7, 1 MERCHANT AVENUEFlat, LeaseholdArea: 60 Sq.mtr27 Jul 2018£114,112First Sale
FLAT 1, 1 MERCHANT AVENUEFlat, LeaseholdArea: 60 Sq.mtr27 Jul 2018£112,400First Sale
APARTMENT 9, 1 MERCHANT AVENUEFlat, Leasehold27 Jul 2018£113,263First Sale

Check out the sold house prices near the NG8 3QA postcode. Properties currently for saleProperties currently for rent

MERCHANT AVENUE, NG8 3QA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG8 3QA 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 NG8 3QA postcode.

  • Semi-Detached
    • The average price is around £116,865 median price is £109,950 Standard Deviation is £65,452 with Total Sold: 667
    • The Last 5 Year average price is £197,822 with Total Sold: 142
    • The most recent sale happened at this postcode is , 459 BEECHDALE ROAD: £265,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 331 BEECHDALE ROAD: £40,000 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £112,202 median price is £108,500 Standard Deviation is £51,062 with Total Sold: 427
    • The Last 5 Year average price is £172,937 with Total Sold: 94
    • The most recent sale happened at this postcode is , 15 CROPTON CRESCENT: £173,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 DARVEL CLOSE: £32,000 (Sold on 19 Jan 1995)
  • Detached
    • The average price is around £195,223 median price is £182,000 Standard Deviation is £91,496 with Total Sold: 893
    • The Last 5 Year average price is £284,486 with Total Sold: 235
    • The most recent sale happened at this postcode is , 33 CHALFONT DRIVE: £240,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 CHALFONT DRIVE: £57,000 (Sold on 03 Jan 1995)
  • Flat
    • The average price is around £102,117 median price is £106,995 Standard Deviation is £28,941 with Total Sold: 37
    • The Last 5 Year average price is £123,192 with Total Sold: 9
    • The most recent sale happened at this postcode is FLAT 5, 1 MERCHANT AVENUE: £162,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 8 PEARCE DRIVE: £22,000 (Sold on 29 Apr 1996)
  • Other
    • The average price is around £855,688 median price is £347,500 Standard Deviation is £1,054,128 with Total Sold: 18
    • The Last 5 Year average price is £999,389 with Total Sold: 10
    • The most recent sale happened at this postcode is , 4 REDBOURNE DRIVE: £1,000,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , BEECHDALE ROAD GARAGE BEECHDALE ROAD: £166,000 (Sold on 07 Jan 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,950 £3,118 10
2023£215,789 £2,958 19
2022£189,787 £2,477 19
2021£180,752 £2,345 21
2020£205,450 £2,468 31
2019£186,440 £2,289 42
2018£162,981 £2,183 24
2017£173,219 £2,248 35
2016£141,368 £2,139 19
2015£137,229 £1,853 12
2014£108,487 £1,460 17
2013£103,662 £1,556 8
2012£109,250 £1,423 10
2011£99,273 £1,284 11
2010£116,250 £1,360 10
2009£113,373 £1,560 17
2008£133,901 £1,860 29
2007£126,330 £1,652 33
2006£111,574 £1,668 27
2005£102,143 £1,390 15
2004£110,122 £1,362 27
2003£80,957 £1,114 18
2002£71,394 £978 32
2001£53,863 £690 25
2000£51,052 £713 30
1999£44,121 £667 26
1998£43,211 £605 31
1997£43,539 £609 19
1996£42,829 £667 21
1995£41,393 £590 29
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,917 £3,300 6
2023£205,885 £3,088 13
2022£186,529 £2,960 17
2021£164,818 £2,403 22
2020£151,443 £2,309 7
2019£157,413 £2,355 29
2018£148,466 £2,140 35
2017£128,000 £1,966 38
2016£132,566 £2,066 16
2015£105,427 £1,404 13
2014£105,309 £1,418 11
2013£92,541 £1,471 12
2012£81,190 £1,189 5
2011£100,500 £1,592 4
2010£94,368 £1,539 19
2009£90,719 £1,404 8
2008£138,438 £1,747 9
2007£107,160 £1,579 24
2006£104,636 £1,530 7
2005£106,937 £1,570 8
2004£101,385 £1,328 13
2003£87,123 £1,201 15
2002£68,796 £841 13
2001£40,967 £544 17
2000£47,173 £787 15
1999£46,950 £679 17
1998£40,323 £507 13
1997£41,862 £589 9
1996£44,050 £519 5
1995£36,921 £493 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,154 £3,467 13
2023£311,088 £3,234 31
2022£290,814 £3,000 26
2021£262,774 £2,800 29
2020£280,557 £2,725 50
2019£271,150 £2,609 86
2018£258,389 £2,396 90
2017£252,340 £2,383 64
2016£197,125 £1,948 28
2015£176,614 £1,666 22
2014£171,185 £1,754 24
2013£167,956 £1,636 23
2012£157,450 £1,707 21
2011£143,331 £1,447 24
2010£150,075 £1,507 20
2009£151,157 £1,486 21
2008£180,316 £1,690 24
2007£181,855 £2,009 16
2006£178,860 £1,562 15
2005£180,334 £1,626 16
2004£174,637 £1,833 24
2003£141,634 £1,311 28
2002£131,456 £1,050 25
2001£94,269 £884 24
2000£88,890 £886 41
1999£75,168 £788 14
1998£74,527 £625 22
1997£72,269 £658 31
1996£57,352 £658 21
1995£74,220 £565 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,000 £2,893 2
2021£120,000 £1,482 2
2020£133,500 £2,225 1
2019£102,807 £1,858 4
2018£109,328 £1,864 10
2017£118,737 £1,899 5
2016£78,500 £1,083 2
2011£95,000 £1,667 1
2010£77,500 £1,336 1
2009£100,995 £1,614 2
2008£50,0001
2007£81,500 £1,405 1
2004£94,750 £1,670 2
2002£59,950 £1,034 1
1997£48,200 £862 1
1996£22,000 £379 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,000,000 £15,873 1
2022£1,097,500 £6,240 2
2021£475,000 £2,254 4
2020£1,976,6462
2019£945,6001
2018£1,012,125 £1,143 4
2017£398,000 £908 3
2016£166,0001

House Type in NG8 3QA area

The most common house types in the NG8 3QA postcode area are Terraced (41), Semi-detached (28), and Flat (19).

Total107
Terraced41
Semi-detached28
Flat19
Detached18
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (62), and Private rented: Private landlord or letting agency (20).

Owned: Owns with a mortgage or loan62
Private rented: Private landlord or letting agency20
Owned: Owns outright12
Social rented: Rents from council or Local Authority9
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG8 3QA have 2 people in household (38), and 1 person in household (24).

2 people in household38
1 person in household24
4 people in household20
3 people in household17
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0