NG5 4PG is a residential postcode located on Melbury Road, Woodthorpe, Nottingham, NG5. It is the 2169th largest postcode in the NG5 area.
It contains 39 residential addresses consisting of 38 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 £298,303. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 4.5%.
Property sale values range from £212,412 for a leasehold flat, with 3 bedrooms split across 1,001 square feet of gross internal area and has no outside space to £486,101 for a freehold house, with 5 bedrooms split across 2,347 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NG5 4PG is £298/ft2.
Properties achieve a rental yield of between 4.4% and 5.7%, and rental values range from £1,014 to £1,841 per month.
The last sale was 18 Aug 2023 for £252,500 and since then the market in the area as increased by -1%. The postcode has had a total of 4 sales since 1995.
NG5 4PG has seen 4 sales in the last three years and no sales in the last twelve months.
NG5 4PG is the 2169th largest and the 2302nd most expensive postcode out of the 2,588 postcodes in the NG5 area.
NG5 4PG is a residential postcode located on Melbury Road, Woodthorpe, Nottingham, NG5 with 38 houses and 1 flat within its bounds.
The most common property type in NG5 4PG 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 D.
The closest station to NG5 4PG is Carlton station which is 4.0 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 NG5 4PG, 60.0% of property is privately owned outright and 31.9% 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 NG5 4PG, 16.3% of residents are recorded as possessing school level qualifications and 42.6% 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 NG5 4PG, the average age was 45.2 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 NG5 4PG, 0.6% 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 NG5 4PG, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.