Housing Market Analysis for MELBOURNE ROAD, NG9 8LZ

Are you looking to understand NG9 8LZ 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 Broxtowe postcode.

For the location information and nearby amenities in the NG9 8LZ area, explore the NG9 8LZ Area information page.
For comprehensive crime statistics in the NG9 8LZ area, explore the NG9 8LZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG9 8LZ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £80,857 median price is £81,000 Standard Deviation is £23,020 with Total Sold: 7
- The Last 5 Year average price is £106,500 with Total Sold: 2
- The most recent sale happened at this postcode is 16A MELBOURNE ROAD: £106,000 (Sold on 25 Jul 2023)
- The first recorded sale happened at this postcode is 48 MELBOURNE ROAD: £38,500 (Sold on 17 Mar 1995)
Flat
- The average price is around £97,833 median price is £107,000 Standard Deviation is £18,905 with Total Sold: 3
- The Last 5 Year average price is £111,000 with Total Sold: 2
- The most recent sale happened at this postcode is 16C MELBOURNE ROAD: £115,000 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 16D MELBOURNE ROAD: £71,500 (Sold on 18 Jun 2010)
Terraced
- The average price is around £90,354 median price is £77,000 Standard Deviation is £31,922 with Total Sold: 13
- The Last 5 Year average price is £147,500 with Total Sold: 1
- The most recent sale happened at this postcode is 10 MELBOURNE ROAD: £147,500 (Sold on 11 Jun 2021)
- The first recorded sale happened at this postcode is 26 MELBOURNE ROAD: £39,000 (Sold on 31 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average NG9 8LZ 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
2023	£106,000	£1,606	1
2020	£107,000	£1,372	1
2013	£65,000	£793	1
2008	£97,000	£1,183	1
2007	£81,000	£1,227	1
2002	£71,500	£872	1
1995	£38,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£111,000	£1,811	2
2010	£71,500	£1,338	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£147,500	£1,715	1
2018	£119,950	£1,276	1
2016	£127,000	£1,512	1
2015	£95,125	£1,106	2
2014	£107,000	£1,244	1
2010	£76,000	£864	1
2008	£77,000		1
2007	£109,400	£1,272	1
2005	£71,000	£798	1
2003	£69,500	£781	1
2000	£41,000	£461	1
1999	£39,000	£448	1

All the Sales in the MELBOURNE ROAD, NG9 8LZ

See the table below for more details on the sold house prices in the NG9 8LZ, Broxtowe postcode.

Address	Sold Date	Price	% Change
16A MELBOURNE ROADSemi-Detached, LeaseholdArea: 66 Sq.mtrAge: 1950-1966	25 Jul 2023	£106,000	30.86%
	29 Jun 2007	£81,000	First Sale
16C MELBOURNE ROADFlat, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	19 Dec 2022	£115,000	First Sale
16D MELBOURNE ROADFlat, LeaseholdArea: 53.43 Sq.mtrAge: 1950-1966	27 Jun 2022	£107,000	49.65%
	18 Jun 2010	£71,500	First Sale
10 MELBOURNE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	11 Jun 2021	£147,500	37.85%
	01 Dec 2014	£107,000	-2.19%
	31 Aug 2007	£109,400	First Sale
36 MELBOURNE ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1983-1990	18 Sep 2020	£107,000	First Sale
28 MELBOURNE ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	18 Jul 2018	£119,950	First Sale
24 MELBOURNE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	21 Nov 2016	£127,000	First Sale
6 MELBOURNE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	20 Nov 2015	£115,250	53.67%
	17 Apr 2015	£75,000	First Sale
32 MELBOURNE ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	01 Aug 2013	£65,000	-32.99%
	09 May 2008	£97,000	35.66%
	19 Jul 2002	£71,500	First Sale
14 MELBOURNE ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	04 Oct 2010	£76,000	First Sale
8 MELBOURNE ROADTerraced, Freehold	10 Apr 2008	£77,000	First Sale
34 MELBOURNE ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-1975	10 Mar 2005	£71,000	2.16%
	01 Jul 2003	£69,500	69.51%
	07 Sep 2000	£41,000	First Sale
26 MELBOURNE ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	31 Mar 1999	£39,000	First Sale
48 MELBOURNE ROADSemi-Detached, Freehold	17 Mar 1995	£38,500	First Sale

Check out the sold house prices near the NG9 8LZ postcode. Properties currently for saleProperties currently for rent

MELBOURNE ROAD, NG9 8LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG9 8LZ 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 NG9 8LZ postcode.

Semi-Detached
- The average price is around £117,935 median price is £115,000 Standard Deviation is £60,258 with Total Sold: 1,117
- The Last 5 Year average price is £200,429 with Total Sold: 229
- The most recent sale happened at this postcode is , 1 LINCOLN CLOSE: £235,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 36 DEVONSHIRE DRIVE: £32,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £176,963 median price is £159,800 Standard Deviation is £97,070 with Total Sold: 401
- The Last 5 Year average price is £301,447 with Total Sold: 100
- The most recent sale happened at this postcode is , 136 PASTURE ROAD: £425,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 65 MOORBRIDGE LANE: £40,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £109,971 median price is £85,000 Standard Deviation is £58,618 with Total Sold: 186
- The Last 5 Year average price is £120,080 with Total Sold: 50
- The most recent sale happened at this postcode is , 10C DENVER COURT: £120,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 17D MARYLAND COURT: £33,000 (Sold on 05 May 1995)
Terraced
- The average price is around £99,745 median price is £98,000 Standard Deviation is £42,700 with Total Sold: 280
- The Last 5 Year average price is £155,647 with Total Sold: 54
- The most recent sale happened at this postcode is , 5 MOORFIELD COURT: £152,000 (Sold on 08 Jan 2024)
- The first recorded sale happened at this postcode is , 10 SHERIDAN COURT: £33,500 (Sold on 17 Feb 1995)
Other
- The average price is around £173,760 median price is £114,100 Standard Deviation is £230,141 with Total Sold: 30
- The Last 5 Year average price is £186,931 with Total Sold: 12
- The most recent sale happened at this postcode is , 2 TROWELL GROVE: £232,500 (Sold on 13 Jan 2023)
- The first recorded sale happened at this postcode is , SINBAD PLANT LTD HICKINGS LANE: £840,000 (Sold on 29 Nov 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,408	£2,208	12
2023	£224,447	£2,830	31
2022	£215,442	£2,672	36
2021	£202,291	£2,353	54
2020	£183,057	£2,199	54
2019	£179,207	£2,072	42
2018	£158,061	£1,991	33
2017	£144,098	£1,935	47
2016	£134,278	£1,801	39
2015	£128,253	£1,662	37
2014	£116,984	£1,563	32
2013	£111,508	£1,384	38
2012	£114,873	£1,433	35
2011	£112,496	£1,305	27
2010	£123,344	£1,493	10
2009	£109,956	£1,321	24
2008	£112,353	£1,314	17
2007	£121,221	£1,776	39
2006	£129,241	£1,683	50
2005	£116,561	£1,567	35
2004	£97,988	£1,251	68
2003	£98,182	£1,273	43
2002	£77,470	£1,021	47
2001	£60,981	£777	50
2000	£56,239	£665	49
1999	£48,080	£631	43
1998	£43,618	£587	38
1997	£44,040	£534	35
1996	£42,133	£529	27
1995	£41,548	£489	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000		5
2023	£297,021	£3,499	16
2022	£283,223	£3,244	11
2021	£310,176	£2,785	17
2020	£340,810	£2,728	21
2019	£273,230	£2,619	30
2018	£231,909	£2,424	17
2017	£210,121	£2,536	12
2016	£198,500	£2,203	5
2015	£176,969	£2,300	16
2014	£170,300	£2,017	10
2013	£160,536	£2,034	14
2012	£184,875	£1,798	10
2011	£183,800	£2,056	5
2010	£167,664	£1,907	7
2009	£140,500	£1,728	9
2008	£135,090	£1,818	5
2007	£178,167	£2,123	12
2006	£168,372	£1,720	16
2005	£148,238	£1,835	12
2004	£152,331	£1,652	17
2003	£137,118	£1,484	14
2002	£114,135	£1,115	20
2001	£98,872	£1,030	16
2000	£80,123	£1,006	19
1999	£67,338	£902	13
1998	£65,844	£781	16
1997	£72,400	£816	16
1996	£54,682	£563	11
1995	£55,772	£470	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,738	£2,028	4
2023	£107,571	£1,873	7
2022	£121,779	£2,038	7
2021	£122,188	£1,882	8
2020	£119,544	£2,049	9
2019	£124,948	£2,160	15
2018	£165,272	£2,602	61
2017	£64,500	£1,143	4
2016	£65,833	£1,089	3
2015	£70,000	£1,250	1
2014	£59,550	£951	4
2013	£57,500	£775	2
2012	£74,500	£1,146	1
2010	£64,833	£1,161	3
2009	£68,250	£1,101	1
2008	£62,700	£1,088	5
2007	£75,707	£1,294	7
2006	£67,750	£1,298	2
2005	£76,100	£1,187	4
2004	£71,936	£1,309	11
2003	£83,590	£1,347	5
2002	£37,486	£622	4
2001	£27,938	£516	8
2000	£35,250	£452	1
1999	£28,167	£461	3
1998	£21,000		1
1997	£33,500		1
1996	£26,500	£659	2
1995	£29,875	£499	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,000		1
2023	£170,574	£2,057	8
2022	£175,633	£2,121	12
2021	£146,402	£1,820	13
2020	£160,750	£1,734	12
2019	£118,562	£1,377	8
2018	£119,441	£1,420	11
2017	£118,440	£1,429	10
2016	£121,667	£1,435	15
2015	£102,641	£1,240	22
2014	£94,642	£1,146	12
2013	£98,750	£1,230	10
2012	£91,455	£1,110	11
2011	£86,000	£992	7
2010	£93,969	£1,055	13
2009	£89,857	£1,025	7
2008	£91,750	£1,211	8
2007	£102,054	£1,251	11
2006	£105,699	£1,225	5
2005	£95,878	£1,131	9
2004	£93,542	£1,150	12
2003	£73,800	£865	10
2002	£59,469	£684	8
2001	£47,816	£582	11
2000	£43,500	£497	7
1999	£37,861	£454	4
1998	£37,090	£502	5
1997	£34,692	£459	6
1996	£33,169	£381	8
1995	£33,875	£402	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£232,500	£2,422	1
2022	£186,000	£2,354	1
2021	£112,125	£1,378	4
2020	£229,361	£6,274	6
2018	£125,272		17
2016	£840,000		1

House Type in NG9 8LZ area

The most common house types in the NG9 8LZ postcode area are Flat (66), Terraced (35), and Semi-detached (19).

Total	126
Flat	66
Terraced	35
Semi-detached	19
Detached	3
commercial building	2
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (68), and Owned: Owns outright (20).

Social rented: Rents from council or Local Authority	68
Owned: Owns outright	20
Owned: Owns with a mortgage or loan	17
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	7
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NG9 8LZ have 1 person in household (37), and 2 people in household (34).

1 person in household	37
2 people in household	34
3 people in household	33
4 people in household	10
5 people in household	10
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0