NG16 3BU is a residential postcode located on Woodland Way, Eastwood, Nottingham, NG16. It is the 1697th largest postcode in the NG16 area.
It contains 65 residential addresses consisting of 64 houses and 1 flat and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £263,376. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 1.0%.
Property sale values range from £175,466 for a leasehold flat, with 2 bedrooms split across 915 square feet of gross internal area and has no outside space to £428,945 for a freehold house, with 5 bedrooms split across 2,056 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NG16 3BU is £297/ft2.
Properties achieve a rental yield of between 4.5% and 5.8%, and rental values range from £811 to £1,650 per month.
The last sale was 12 Oct 2023 for £275,000 and since then the market in the area as increased by 2.8%. The postcode has had a total of 4 sales since 1995.
NG16 3BU has seen 4 sales in the last three years and 1 sale in the last twelve months.
NG16 3BU is the 1697th largest and the 1285th most expensive postcode out of the 1,718 postcodes in the NG16 area.
NG16 3BU is a residential postcode located on Woodland Way, Eastwood, Nottingham, NG16 with 64 houses and 1 flat within its bounds.
The most common property type in NG16 3BU is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to NG16 3BU is Langley Mill station which is 1.4 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NG16 3BU, 45.3% of property is privately owned outright and 27.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NG16 3BU, 15.0% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG16 3BU, the average age was 41.2 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NG16 3BU, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NG16 3BU, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.