Palmerston Street - NG16 5HZ
Key Postcode Insights
NG16 5HZ is a residential postcode situated on Palmerston Street, Westwood, Nottingham, NG16 with 17 addresses.
It ranks as the 744th largest and 1155th most expensive of the 1,706 postcodes in the NG16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 13 houses and 4 other properties.
- Ave. Sale Price
- £292,499
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £1,071pcm
- 10 Year change
- up 65.5%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
NG16 5HZ is a residential postcode situated on Palmerston Street, Westwood, Nottingham, NG16 with 17 addresses.
It ranks as the 744th largest and 1155th most expensive of the 1,706 postcodes in the NG16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 13 houses and 4 other properties.
- Ave. Sale Price
- £292,499
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £1,071pcm
- 10 Year change
- up 65.5%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in NG16 5HZ
- 133 Palmerston Street
2 Bed Mid-century House
- 135 Palmerston Street
2 Bed Mid-century House
- 137 Palmerston Street
2 Bed Mid-century House
- 139 Palmerston Street
2 Bed Mid-century House
Sales Market Trends
The last sale in NG16 5HZ sold for £420,000 on 17th February 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £292,499.
The NG16 5HZ Sales Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £292,499 |
| June 2025 | 3.1% | £301,170 |
| June 2024 | -0.2% | £292,023 |
| June 2023 | 1.3% | £292,480 |
| June 2022 | 13.3% | £288,784 |
| June 2021 | 8.7% | £254,921 |
| June 2020 | 2.6% | £234,555 |
| June 2019 | 3.5% | £228,662 |
| June 2018 | 6.6% | £220,986 |
| June 2017 | 4.1% | £207,238 |
| June 2016 | 5% | £198,995 |
| June 2015 | 4.4% | £189,495 |
| June 2014 | 5.7% | £181,566 |
| June 2013 | 2.3% | £171,752 |
| June 2012 | 0.4% | £167,910 |
| June 2011 | -0.1% | £167,214 |
| June 2010 | 0.6% | £167,460 |
| June 2009 | -9.1% | £166,428 |
| June 2008 | -4.9% | £183,161 |
| June 2007 | 0% | £192,544 |
Rental Market Trends
The current average rental value in the postcode is £1,071.
The NG16 5HZ Rental Market has increased by 65.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,071pcm |
| June 2025 | 3.3% | £1,046pcm |
| June 2024 | 6.3% | £1,012pcm |
| June 2023 | 10.2% | £952pcm |
| June 2022 | 10.8% | £864pcm |
| June 2021 | 8% | £780pcm |
| June 2020 | 3.2% | £723pcm |
| June 2019 | 2.7% | £700pcm |
| June 2018 | 2.4% | £681pcm |
| June 2017 | 2.8% | £666pcm |
| June 2016 | 2.4% | £647pcm |
| June 2015 | 1.7% | £632pcm |
| June 2014 | 4.2% | £622pcm |
| June 2013 | 1.4% | £596pcm |
| June 2012 | -0.7% | £588pcm |
| June 2011 | 2.4% | £592pcm |
| June 2010 | 2.2% | £578pcm |
| June 2009 | -6.1% | £565pcm |
| June 2008 | 1.4% | £602pcm |
| June 2007 | 0% | £594pcm |
Sales History
The last recorded sale was on 17th February 2026 for £420,000 and since then the market in the area has decreased by 0.1%.
NG16 5HZ has had 3 sales since 1995, 1 of them in the last twelve months.
- Sold Feb 2026£420,000 | 4 Bed House161, Palmerston Street, Nottingham, NG16 5HZ161, Palmerston Street, Nottingham, NG16 5HZ
- Sold Feb 2014£226,500 | 4 Bed House161, Palmerston Street, Nottingham, NG16 5HZ161, Palmerston Street, Nottingham, NG16 5HZ
- Sold Nov 2005£126,000 | 3 Bed House131, Palmerston Street, Nottingham, NG16 5HZ131, Palmerston Street, Nottingham, NG16 5HZ
Nearby Postcodes
NG16 5HZ is the 744th largest and the 1155th most expensive postcode out of the 1,706 postcodes in the NG16 area.
- NG16 5LW, Field View Close, Westwood, Nottingham, NG16NG16 5LW5 Addresses|54 m away
- NG16 5JG, Westdale Road, Jacksdale, Nottingham, NG16NG16 5JG40 Addresses|73 m away
- NG16 5JF, Westdale Road, Jacksdale, Nottingham, NG16NG16 5JF33 Addresses|107 m away
- NG16 5JE, Kitson Avenue, Jacksdale, Nottingham, NG16NG16 5JE12 Addresses|124 m away
- NG16 5JP, Wagstaff Lane, Jacksdale, Nottingham, NG16NG16 5JP22 Addresses|154 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- period house (2)
- modern house (1)
- mid-century house (10)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (10)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Feb 2026£420,000 | 4 Bed House161, Palmerston Street, Nottingham, NG16 5HZ161, Palmerston Street, Nottingham, NG16 5HZ
- Sold Mar 2024£305,000 | 4 Bed House28, Palmerston Street, Nottingham, NG16 5JA28, Palmerston Street, Nottingham, NG16 5JA
- Sold Sep 2021£285,000 | 4 Bed House28, Palmerston Street, Nottingham, NG16 5JA28, Palmerston Street, Nottingham, NG16 5JA
Schools Nearby
- Westwood Infant and Nursery School300 m away
- Jacksdale Primary and Nursery School800 m away
- Selston Church of England Infant and Nursery School1.5 km away
- Selston High School1.7 km away
- Frederick Gent School4.1 km away
- Aldercar High School4.3 km away
More reading links
Public Transport Nearby
The closest station to NG16 5HZ is Langley Mill station, which is 5.0 kilometres away.
- Langley Mill|5.0 km away
- Alfreton|5.0 km away
- Kirkby-in-Ashfield|6.5 km away
- Newstead|7.1 km away
