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1 Merchant Avenue is a residential building situated on Merchant Avenue, Nottingham, NG8 with 9 addresses.
It ranks as the 176th largest and 153rd most expensive of the 195 buildings in the NG8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
1 Merchant Avenue is a residential building situated on Merchant Avenue, Nottingham, NG8 with 9 addresses.
It ranks as the 176th largest and 153rd most expensive of the 195 buildings in the NG8 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
Sale prices range from £135,062 for 2 bedroom leasehold flats (538 ft2) to £149,442 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £685 pcm for 2 bed flats to £746 pcm for 2 bed flats.
The gross rental yield is between 6.0% and 6.1%.
The average value per square foot is £228.
The last sale in 1 Merchant Avenue sold for £155,500 on 19th June 2025. Since then prices are down an average of 2.9%.
The current average value in the building is £145,513.
The 1 Merchant Avenue Sales Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3% | £145,513 |
| May 2025 | 0.8% | £150,048 |
| May 2024 | 1.5% | £148,856 |
| May 2023 | 3% | £146,644 |
| May 2022 | 8.5% | £142,431 |
| May 2021 | 7.8% | £131,246 |
| May 2020 | 5.3% | £121,699 |
| May 2019 | 0.8% | £115,571 |
| May 2018 | 5.8% | £114,663 |
| May 2017 | 3.1% | £108,420 |
| May 2016 | 5.7% | £105,186 |
| May 2015 | 6.4% | £99,559 |
| May 2014 | 3.4% | £93,566 |
| May 2013 | 1.7% | £90,466 |
| May 2012 | 2.9% | £88,916 |
| May 2011 | -4.4% | £86,437 |
| May 2010 | 1.9% | £90,415 |
| May 2009 | -10.7% | £88,766 |
| May 2008 | -3.2% | £99,428 |
| May 2007 | 0% | £102,667 |
The current average rental value in the building is £729.
The 1 Merchant Avenue Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.3% | £729pcm |
| May 2025 | 1.5% | £720pcm |
| May 2024 | 5.7% | £710pcm |
| May 2023 | 7.3% | £672pcm |
| May 2022 | 10.1% | £626pcm |
| May 2021 | 6.7% | £568pcm |
| May 2020 | 4.4% | £533pcm |
| May 2019 | 2.1% | £510pcm |
| May 2018 | 1.1% | £499pcm |
| May 2017 | -0.6% | £494pcm |
| May 2016 | 4.2% | £497pcm |
| May 2015 | 2.9% | £477pcm |
| May 2014 | 1% | £464pcm |
| May 2013 | -0.3% | £459pcm |
| May 2012 | -0.1% | £461pcm |
| May 2011 | 2.6% | £461pcm |
| May 2010 | 0.2% | £449pcm |
| May 2009 | -2.8% | £448pcm |
| May 2008 | -1.8% | £461pcm |
| May 2007 | 0% | £469pcm |
The last sale was on 19th June 2025 for £155,500 and since then the market in the area has decreased by 2.9%. The building has had a total of 15 sales since 1995.
1, Merchant Avenue, Nottingham, NG8 3QA has seen 5 sales in the last three years and no sales in the last twelve months.
The closest station to 1, Merchant Avenue, Nottingham, NG8 3QA is Bulwell station, which is 3.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Merchant Avenue, Nottingham, NG8 3QA, % of property is and % is .
The graph below shows how this compares to East Midlands 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 1, Merchant Avenue, Nottingham, NG8 3QA, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Merchant Avenue, Nottingham, NG8 3QA, 0.0% 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 1, Merchant Avenue, Nottingham, NG8 3QA, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.