Oak Drive - NG16 3BY
Key Postcode Insights
NG16 3BY is a residential postcode situated on Oak Drive, Eastwood, Nottingham, NG16 with 37 addresses.
It ranks as the 1378th largest and 232nd most expensive of the 1,706 postcodes in the NG16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 21 houses and 16 flats.
- Ave. Sale Price
- £112,658
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £632pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NG16 3BY is a residential postcode situated on Oak Drive, Eastwood, Nottingham, NG16 with 37 addresses.
It ranks as the 1378th largest and 232nd most expensive of the 1,706 postcodes in the NG16 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 37 properties: 21 houses and 16 flats.
- Ave. Sale Price
- £112,658
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £632pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NG16 3BY
- 43 Oak Drive
2 Bed Mid-century Flat
- 45 Oak Drive
Unknown
- 47 Oak Drive
2 Bed Mid-century Flat
- 49 Oak Drive
Unknown
- 50 Oak Drive
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NG16 3BY sold for £71,000 on 25th November 2024. Since then prices are down an average of 1.2%.
The current average value in the postcode is £112,658.
The NG16 3BY Sales Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £112,658 |
| June 2025 | 3.7% | £116,268 |
| June 2024 | 1.1% | £112,108 |
| June 2023 | 3.9% | £110,906 |
| June 2022 | 10.4% | £106,770 |
| June 2021 | 10% | £96,710 |
| June 2020 | 1.6% | £87,921 |
| June 2019 | 3.1% | £86,499 |
| June 2018 | 5.5% | £83,926 |
| June 2017 | 4.8% | £79,587 |
| June 2016 | 4.8% | £75,950 |
| June 2015 | 3.4% | £72,451 |
| June 2014 | 6.1% | £70,070 |
| June 2013 | 2.2% | £66,025 |
| June 2012 | -0.5% | £64,611 |
| June 2011 | -2.7% | £64,925 |
| June 2010 | 2.8% | £66,715 |
| June 2009 | -10.3% | £64,894 |
| June 2008 | -4.4% | £72,323 |
| June 2007 | 0% | £75,634 |
Rental Market Trends
The current average rental value in the postcode is £632.
The NG16 3BY Rental Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £632pcm |
| June 2025 | 3.8% | £617pcm |
| June 2024 | 7.2% | £594pcm |
| June 2023 | 9.8% | £554pcm |
| June 2022 | 10.5% | £505pcm |
| June 2021 | 6.9% | £457pcm |
| June 2020 | 3.6% | £428pcm |
| June 2019 | 2% | £413pcm |
| June 2018 | 1.8% | £405pcm |
| June 2017 | 2.2% | £398pcm |
| June 2016 | 2.2% | £389pcm |
| June 2015 | 0.9% | £381pcm |
| June 2014 | 4.4% | £378pcm |
| June 2013 | 1.1% | £362pcm |
| June 2012 | -1.9% | £358pcm |
| June 2011 | 1.9% | £365pcm |
| June 2010 | 1% | £358pcm |
| June 2009 | -7.2% | £354pcm |
| June 2008 | 1.4% | £382pcm |
| June 2007 | 0% | £377pcm |
Sales History
The last sale was on 25th November 2024 for £71,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 19 sales since 1995.
NG16 3BY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£71,000 | 2 Bed Flat50, Oak Drive, Nottingham, NG16 3BY50, Oak Drive, Nottingham, NG16 3BY
- Sold Aug 2024£100,000 | 3 Bed House86, Oak Drive, Nottingham, NG16 3BY86, Oak Drive, Nottingham, NG16 3BY
- Sold Jul 2022£140,000 | 3 Bed House72, Oak Drive, Nottingham, NG16 3BY72, Oak Drive, Nottingham, NG16 3BY
- Sold Mar 2015£85,000 | 3 Bed House86, Oak Drive, Nottingham, NG16 3BY86, Oak Drive, Nottingham, NG16 3BY
- Sold Aug 2014£52,000 | 2 Bed Flat50, Oak Drive, Nottingham, NG16 3BY50, Oak Drive, Nottingham, NG16 3BY
Nearby Postcodes
NG16 3BY is the 1378th largest and the 232nd most expensive postcode out of the 1,706 postcodes in the NG16 area.
- NG16 3PF, South Street, Eastwood, Nottingham, NG16NG16 3PF59 Addresses|109 m away
- NG16 3BW, Oak Drive, Eastwood, Nottingham, NG16NG16 3BW45 Addresses|118 m away
- NG16 3PH, South Street, Eastwood, Nottingham, NG16NG16 3PH41 Addresses|119 m away
- NG16 3BU, Woodland Way, Eastwood, Nottingham, NG16NG16 3BU65 Addresses|120 m away
- NG16 3HW, Peacock Drive, Eastwood, Nottingham, NG16NG16 3HW22 Addresses|160 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 14 mid-century flats built between 1936 and 1979
- 9 other addresses of unknown type
- mid-century house (14)
- mid-century flat (14)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (23)
- G (0)
- D (5)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jul 2021£250,000 | 3 Bed House9, Oak Drive, Nottingham, NG16 3BW9, Oak Drive, Nottingham, NG16 3BW
- Sold Oct 2022£250,000 | 3 Bed House6, Oak Drive, Nottingham, NG16 3BW6, Oak Drive, Nottingham, NG16 3BW
- Sold Oct 2021£235,000 | 4 Bed House2, Oak Drive, Nottingham, NG16 3BW2, Oak Drive, Nottingham, NG16 3BW
Schools Nearby
- Springbank Academy200 m away
- Lawrence View Primary and Nursery School900 m away
- The Florence Nightingale Academy1.0 km away
- Hall Park Academy600 m away
- Aldercar High School2.4 km away
- Heanor Gate Spencer Academy4.0 km away
More reading links
Public Transport Nearby
The closest station to NG16 3BY is Langley Mill station, which is 1.4 kilometres away.
- Langley Mill|1.4 km away
- Ilkeston|4.1 km away
- Bulwell|7.9 km away
- Hucknall|8.2 km away
