NG16 5GJ

NG16 5GJHouse Prices / East Midlands, Ashfield, Palmerston Street

Last updated May 2026

Key Postcode Insights

NG16 5GJ is a residential postcode situated on Palmerston Street, Underwood, Nottingham, NG16 with 50 addresses.

It ranks as the 1572nd largest and 571st most expensive of the 1,707 postcodes in the NG16 area. The dominant property type is a period house built between 1800 and 1911.

The postcode contains a total of 50 properties: 50 houses.

50
Properties
  • Houses

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House Pricesin NG16 5GJ

Sale prices range from £150,292 for 2 bedroom freehold houses with a garden (570 ft2) to £345,867 for 5 bedroom freehold houses with a garden (2,949 ft2) .

Monthly rental prices range from £785 pcm for 2 bed houses to £1,643 pcm for 5 bed houses.

The gross rental yield is between 5.2% and 6.3%.

The average value per square foot is £232.

Average Sale Value
£184,252
Average Rental Value
£922 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£232 /ft2
Prices last updated 1st May 2026
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Explore Propertiesin NG16 5GJ, Palmerston Street, Underwood, Nottingham, NG16

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Sales History
in NG16 5GJ

The last sale was on 28th February 2025 for £250,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 92 sales since 1995.

NG16 5GJ has seen 8 sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto NG16 5GJ

NG16 5GJ is the 1572nd largest and the 571st most expensive postcode out of the 1,707 postcodes in the NG16 area.

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Property Typesin NG16 5GJ

  • 22 period houses built between 1800 and 1911
  • 2 modern houses built after 1980
  • 3 mid-century houses built between 1936 and 1979
  • 2 houses of an unknown age
  • 21 other addresses of unknown type
  • period house (22)
  • modern house (2)
  • mid-century house (3)
  • house (2)
  • Unknown (21)
Energy Efficiency

Energy Efficiencyof properties in NG16 5GJ

  • Energy Performance Certificate (EPC) surveys conducted for 27 properties.
  • The dominant rating is D.
  • A (0)
  • E (4)
  • B (0)
  • F (1)
  • C (8)
  • G (0)
  • D (14)
  • No EPC (23)
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Schools Nearby

Schools Nearbyto NG16 5GJ

The nearest primary school to NG16 5GJ is Underwood Church of England Primary School which is 196 metres away.
  • 196
    m
    Underwood Church of England Primary School
  • 1.0
    km
    Bagthorpe Primary School
  • 1.4
    km
    Brinsley Primary and Nursery School
The nearest secondary school is Selston High School which is 2.4 kilometres away.
  • 2.4
    km
    Selston High School
  • 3.6
    km
    Hall Park Academy
  • 4.0
    km
    Aldercar High School
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto NG16 5GJ

The closest station to NG16 5GJ is Langley Mill station which is 4.2 kilometres away.

  • 4.2
    km
    Langley Mill
  • 5.7
    km
    Newstead
  • 6.3
    km
    Kirkby-in-Ashfield
  • 7.2
    km
    Alfreton
Source: National Rail
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