Housing Market Analysis for MELBOURNE ROAD, NG8 5HL

Are you looking to understand NG8 5HL 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 5HL area, explore the NG8 5HL Area information page.
For comprehensive crime statistics in the NG8 5HL area, explore the NG8 5HL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG8 5HL postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £106,079 median price is £109,000 Standard Deviation is £66,934 with Total Sold: 19
- The Last 5 Year average price is £205,000 with Total Sold: 3
- The most recent sale happened at this postcode is 47 MELBOURNE ROAD: £255,000 (Sold on 16 Dec 2022)
- The first recorded sale happened at this postcode is 75 MELBOURNE ROAD: £38,000 (Sold on 13 Apr 1995)
Terraced
- The average price is around £98,839 median price is £79,250 Standard Deviation is £67,720 with Total Sold: 12
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is 83 MELBOURNE ROAD: £250,000 (Sold on 08 Oct 2021)
- The first recorded sale happened at this postcode is 35 MELBOURNE ROAD: £29,000 (Sold on 24 Jun 1997)
Other
- The average price is around £499,995 median price is £499,995 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is MELBOURNE PARK MEDICAL CENTRE MELBOURNE ROAD: £499,995 (Sold on 31 Dec 2013)
- The first recorded sale happened at this postcode is MELBOURNE PARK MEDICAL CENTRE MELBOURNE ROAD: £499,995 (Sold on 31 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NG8 5HL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£252,500	£2,472	2
2020	£110,000	£1,642	1
2018	£190,000	£2,115	1
2017	£142,000	£2,219	1
2016	£140,000	£2,188	1
2014	£125,000	£1,392	1
2011	£109,000	£1,214	1
2007	£140,000		1
2005	£112,000	£1,750	1
2003	£70,000		1
2002	£68,750		2
2001	£47,000	£614	1
2000	£34,000	£507	1
1997	£36,000	£470	1
1996	£47,500	£579	1
1995	£35,250	£430	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£1,309	1
2019	£218,563	£1,144	1
2015	£97,250	£1,239	2
2014	£80,000	£1,212	1
2009	£73,000	£1,780	1
2008	£125,000	£1,435	1
2005	£96,000	£1,102	1
2001	£49,000	£257	1
2000	£31,000		1
1997	£34,500	£209	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£499,995		1

All the Sales in the MELBOURNE ROAD, NG8 5HL

See the table below for more details on the sold house prices in the NG8 5HL, Nottingham postcode.

Address	Sold Date	Price	% Change
47 MELBOURNE ROADSemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	16 Dec 2022	£255,000	First Sale
75 MELBOURNE ROADSemi-Detached, FreeholdArea: 89.82 Sq.mtrAge: 1930-1949	17 Nov 2022	£250,000	31.58%
	24 Aug 2018	£190,000	52.00%
	23 Apr 2014	£125,000	14.68%
	21 Jan 2011	£109,000	129.47%
	31 May 1996	£47,500	25.00%
	13 Apr 1995	£38,000	First Sale
83 MELBOURNE ROADTerraced, FreeholdArea: 191 Sq.mtrAge: 1930-1949	08 Oct 2021	£250,000	14.38%
	02 Aug 2019	£218,563	346.05%
	06 Jul 2001	£49,000	22.50%
	22 Aug 1997	£40,000	First Sale
21 MELBOURNE ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-1949	19 Feb 2020	£110,000	134.04%
	02 Feb 2001	£47,000	30.56%
	01 Aug 1997	£36,000	First Sale
45 MELBOURNE ROADSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1900-1929	15 Dec 2017	£142,000	1.43%
	06 May 2016	£140,000	25.00%
	18 Jul 2005	£112,000	First Sale
39 MELBOURNE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	28 Oct 2015	£116,000	First Sale
63 MELBOURNE ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1930-1949	19 Aug 2015	£78,500	First Sale
31 MELBOURNE ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1930-1949	30 Jul 2014	£80,000	First Sale
MELBOURNE PARK MEDICAL CENTRE MELBOURNE ROADOther, Freehold	31 Dec 2013	£499,995	First Sale
71 MELBOURNE ROADTerraced, FreeholdArea: 41 Sq.mtrAge: 1900-1929	20 Mar 2009	£73,000	First Sale
13 MELBOURNE ROADTerraced, FreeholdArea: 87.1 Sq.mtrAge: 1930-1949	31 Oct 2008	£125,000	30.21%
	02 Dec 2005	£96,000	First Sale
49 MELBOURNE ROADSemi-Detached, Freehold	06 Feb 2007	£140,000	95.80%
49 MELBOURNE ROADSemi-Detached, Freehold	02 Aug 2002	£71,500	First Sale
85 MELBOURNE ROADSemi-Detached, Freehold	19 Dec 2003	£70,000	First Sale
41 MELBOURNE ROADSemi-Detached, Freehold	18 Jan 2002	£66,000	First Sale
29 MELBOURNE ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-1949	20 Dec 2000	£34,000	First Sale
23 MELBOURNE ROADTerraced, Freehold	02 Jun 2000	£31,000	First Sale
35 MELBOURNE ROADTerraced, Freehold	24 Jun 1997	£29,000	First Sale
59 MELBOURNE ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	14 Jul 1995	£32,500	First Sale

Check out the sold house prices near the NG8 5HL postcode. Properties currently for saleProperties currently for rent

MELBOURNE ROAD, NG8 5HL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG8 5HL 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 5HL postcode.

Semi-Detached
- The average price is around £87,973 median price is £80,000 Standard Deviation is £49,091 with Total Sold: 840
- The Last 5 Year average price is £160,284 with Total Sold: 108
- The most recent sale happened at this postcode is , 34 MINVER CRESCENT: £120,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 13 SHEPTON CRESCENT: £30,500 (Sold on 04 Jan 1995)
Terraced
- The average price is around £76,924 median price is £73,000 Standard Deviation is £39,738 with Total Sold: 621
- The Last 5 Year average price is £143,052 with Total Sold: 78
- The most recent sale happened at this postcode is , 106 WENDOVER DRIVE: £109,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 32 ABINGDON SQUARE: £22,500 (Sold on 10 Mar 1995)
Detached
- The average price is around £144,906 median price is £140,000 Standard Deviation is £82,938 with Total Sold: 381
- The Last 5 Year average price is £273,143 with Total Sold: 42
- The most recent sale happened at this postcode is , 23 STAINDALE DRIVE: £380,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 12 TYNEDALE CLOSE: £82,000 (Sold on 03 Mar 1995)
Flat
- The average price is around £86,117 median price is £80,000 Standard Deviation is £35,174 with Total Sold: 107
- The Last 5 Year average price is £101,350 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 10, COMMODORE COURT, 1 BAR LANE: £125,000 (Sold on 04 Nov 2023)
- The first recorded sale happened at this postcode is , 5 STAINDALE COURT: £33,500 (Sold on 03 Mar 1995)
Other
- The average price is around £209,342 median price is £175,000 Standard Deviation is £132,479 with Total Sold: 11
- The Last 5 Year average price is £241,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 33 ST MARGARETS AVENUE: £295,000 (Sold on 28 Apr 2023)
- The first recorded sale happened at this postcode is , MELBOURNE PARK MEDICAL CENTRE MELBOURNE ROAD: £499,995 (Sold on 31 Dec 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£174,667	£3,016	12
2023	£170,225	£2,265	30
2022	£171,680	£2,260	25
2021	£149,614	£2,106	22
2020	£132,866	£1,818	19
2019	£131,948	£1,784	29
2018	£129,094	£1,657	24
2017	£112,380	£1,522	25
2016	£107,021	£1,364	36
2015	£94,500	£1,282	18
2014	£91,558	£1,220	26
2013	£92,313	£1,148	15
2012	£76,933	£1,083	15
2011	£90,646	£1,142	14
2010	£78,859	£1,002	23
2009	£92,489	£1,011	22
2008	£104,497	£1,333	23
2007	£112,875	£1,397	47
2006	£97,187	£1,421	33
2005	£88,864	£1,333	25
2004	£83,592	£1,073	46
2003	£75,395	£978	46
2002	£57,665	£704	40
2001	£43,437	£551	35
2000	£37,812	£495	29
1999	£35,786	£484	33
1998	£34,388	£463	32
1997	£36,329	£457	31
1996	£36,445	£486	29
1995	£39,540	£563	36

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000	£2,708	8
2023	£176,550	£2,477	10
2022	£145,590	£2,134	23
2021	£138,250	£1,906	20
2020	£117,588	£1,650	17
2019	£108,767	£1,448	21
2018	£108,017	£1,777	29
2017	£94,359	£1,376	35
2016	£82,363	£1,500	22
2015	£79,535	£1,337	20
2014	£72,417	£1,050	24
2013	£66,728	£967	20
2012	£69,496	£967	13
2011	£70,227	£920	11
2010	£64,375	£883	14
2009	£67,188	£1,091	8
2008	£84,341	£1,191	18
2007	£87,685	£1,218	39
2006	£76,526	£1,089	27
2005	£75,098	£1,013	30
2004	£72,879	£1,037	25
2003	£56,935	£808	46
2002	£42,072	£618	25
2001	£34,015	£496	23
2000	£30,653	£425	20
1999	£29,501	£406	24
1998	£30,848	£447	14
1997	£30,312	£387	16
1996	£28,282	£421	11
1995	£27,719	£415	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,167	£3,207	3
2023	£281,000	£2,916	9
2022	£277,708	£2,939	12
2021	£226,250	£2,522	8
2020	£292,400	£2,981	10
2019	£226,559	£2,367	14
2018	£202,294	£1,925	17
2017	£167,125	£1,855	12
2016	£171,267	£1,736	15
2015	£148,500	£1,624	15
2014	£156,056	£1,609	9
2013	£174,450	£1,668	10
2012	£126,833	£1,394	6
2011	£166,000	£1,460	7
2010	£153,216	£1,418	8
2009	£149,571	£1,528	7
2008	£135,140	£1,501	8
2007	£158,568	£1,790	13
2006	£173,606	£1,525	17
2005	£182,515	£1,616	10
2004	£147,625	£1,321	12
2003	£155,672	£1,416	20
2002	£101,518	£1,024	19
2001	£85,554	£850	17
2000	£75,061	£773	23
1999	£70,129	£680	24
1998	£59,760	£655	21
1997	£63,965	£614	10
1996	£60,344	£608	17
1995	£57,812	£603	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£107,250	£1,768	4
2022	£112,500	£1,758	1
2021	£94,000	£1,570	4
2020	£96,000	£1,333	1
2019	£79,625	£1,367	4
2018	£83,750	£1,436	1
2017	£74,750	£1,096	4
2016	£70,500	£1,172	2
2015	£66,786	£1,147	7
2014	£71,500	£1,239	3
2013	£57,000	£831	3
2011	£50,667	£858	3
2010	£97,500	£1,510	2
2009	£69,950		1
2008	£61,750	£1,047	2
2007	£120,594	£2,018	32
2006	£115,056	£2,046	8
2004	£83,500	£1,413	5
2003	£76,000	£1,382	1
2002	£69,950		1
2001	£41,833	£762	3
2000	£33,750	£619	2
1999	£36,750	£644	2
1998	£35,000	£636	1
1997	£37,500		1
1996	£32,988	£595	4
1995	£30,300	£574	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£295,000	£3,207	1
2022	£252,500	£2,870	2
2021	£165,000	£2,037	1
2018	£145,000		1
2017	£155,135		2
2016	£148,125		2
2015	£86,250	£1,268	1
2013	£499,995		1

House Type in NG8 5HL area

The most common house types in the NG8 5HL postcode area are Terraced (61), Semi-detached (55), and Detached (4).

Total	125
Terraced	61
Semi-detached	55
Detached	4
Shared house	3
Flat	1
converted building	1
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 (41), and Owned: Owns outright (26).

Owned: Owns with a mortgage or loan	41
Owned: Owns outright	26
Social rented: Rents from council or Local Authority	26
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the NG8 5HL have 2 people in household (36), and 1 person in household (32).

2 people in household	36
1 person in household	32
4 people in household	23
3 people in household	22
5 people in household	5
6 people in household	3
7 people in household	3
8 or more people in household	1
0 people in household	0