NG16 1JG is a residential postcode situated on Spring Close, Watnall, Nottingham, NG16 with 10 addresses.
It ranks as the 413th largest and 360th most expensive of the 1,707 postcodes in the NG16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
NG16 1JG is a residential postcode situated on Spring Close, Watnall, Nottingham, NG16 with 10 addresses.
It ranks as the 413th largest and 360th most expensive of the 1,707 postcodes in the NG16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £152,423 for 3 bedroom freehold houses with a garden (893 ft2) to £171,216 for 3 bedroom freehold houses with a garden (1,108 ft2) .
Monthly rental prices range from £822 pcm for 3 bed houses to £878 pcm for 3 bed houses.
The gross rental yield is between 6.2% and 6.5%.
The average value per square foot is £170.
The last sale in NG16 1JG sold for £145,000 on 27th February 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £157,461.
The NG16 1JG Sales Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £157,461 |
| April 2025 | 2% | £163,491 |
| April 2024 | -0.2% | £160,259 |
| April 2023 | 5.8% | £160,515 |
| April 2022 | 10.1% | £151,710 |
| April 2021 | 9.2% | £137,734 |
| April 2020 | 3% | £126,074 |
| April 2019 | 3.6% | £122,353 |
| April 2018 | 6.7% | £118,134 |
| April 2017 | 6.2% | £110,672 |
| April 2016 | 4.5% | £104,176 |
| April 2015 | 5.8% | £99,652 |
| April 2014 | 4% | £94,207 |
| April 2013 | 3.8% | £90,555 |
| April 2012 | -0.3% | £87,276 |
| April 2011 | -1.8% | £87,533 |
| April 2010 | 4.1% | £89,143 |
| April 2009 | -10.2% | £85,594 |
| April 2008 | -2.2% | £95,354 |
| April 2007 | 0% | £97,482 |
The current average rental value in the postcode is £837.
The NG16 1JG Rental Market has increased by 61.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £837pcm |
| April 2025 | -0.9% | £827pcm |
| April 2024 | 5.7% | £835pcm |
| April 2023 | 10.8% | £790pcm |
| April 2022 | 11.3% | £713pcm |
| April 2021 | 9% | £641pcm |
| April 2020 | 4.2% | £588pcm |
| April 2019 | 3.1% | £564pcm |
| April 2018 | 3.4% | £547pcm |
| April 2017 | 2.1% | £529pcm |
| April 2016 | 3.3% | £518pcm |
| April 2015 | 4.7% | £502pcm |
| April 2014 | 1.8% | £479pcm |
| April 2013 | 2.3% | £471pcm |
| April 2012 | 1.1% | £460pcm |
| April 2011 | 2.6% | £455pcm |
| April 2010 | 2.6% | £444pcm |
| April 2009 | -3.6% | £432pcm |
| April 2008 | -0.1% | £448pcm |
| April 2007 | 0% | £449pcm |
The last sale was on 27th February 2025 for £145,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 3 sales since 1995.
NG16 1JG has seen 2 sales in the last three years and no sales in the last twelve months.
NG16 1JG is the 413th largest and the 360th most expensive postcode out of the 1,707 postcodes in the NG16 area.
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The closest station to NG16 1JG is Ilkeston station which is 3.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1JG, 41.7% of property is privately owned outright and 31.7% is privately owned with a mortgage.
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 NG16 1JG, 14.5% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG16 1JG, the average age was 43.9 and the most common age was 57.
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 1JG, 2.0% 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 NG16 1JG, 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.