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Registered Address: 2 Leman St, London E1 8FA
NG16 5PQHouse Prices / East Midlands, Amber Valley, Castle Lane
Last updated May 2026
Key Postcode Insights
NG16 5PQ is a residential postcode situated on Castle Lane, Codnor Park, Ironville, Nottingham, NG16 with 7 addresses.
It ranks as the 283rd largest and 330th 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 7 properties: 4 houses and 3 flats.
7
Properties
- Houses
- Flats
Key Postcode Insights
NG16 5PQ is a residential postcode situated on Castle Lane, Codnor Park, Ironville, Nottingham, NG16 with 7 addresses.
It ranks as the 283rd largest and 330th 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 7 properties: 4 houses and 3 flats.
7
Properties
- Houses
- Flats
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House Pricesin NG16 5PQ
Sale prices range from £92,885 for 2 bedroom Leasehold flats (793 ft2) to £240,074 for 5 bedroom freehold houses with a garden (2,153 ft2) .
Monthly rental prices range from £443 pcm for 2 bed flats to £1,228 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 6.6%.
The average value per square foot is £127.
Average Sale Value
£148,869
Average Rental Value
£764 pcm
Average Rental Yield
6.2% /year
Average Value Per Sqft
£127 /ft2
Sales Market Trendsin NG16 5PQ
The last sale in NG16 5PQ sold for £150,000 on 14th September 2023. Since then prices are down an average of 0.3%.
The current average value in the postcode is £148,869.
The NG16 5PQ Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £148,869 |
| April 2025 | 2.2% | £153,747 |
| April 2024 | 0.6% | £150,448 |
| April 2023 | 4.4% | £149,588 |
| April 2022 | 9.2% | £143,223 |
| April 2021 | 9.6% | £131,189 |
| April 2020 | 1.1% | £119,677 |
| April 2019 | 3.1% | £118,412 |
| April 2018 | 6.1% | £114,797 |
| April 2017 | 5.3% | £108,162 |
| April 2016 | 2.8% | £102,726 |
| April 2015 | 4.9% | £99,892 |
| April 2014 | 5.4% | £95,240 |
| April 2013 | 1.9% | £90,363 |
| April 2012 | -1.1% | £88,652 |
| April 2011 | -2% | £89,597 |
| April 2010 | 2.2% | £91,389 |
| April 2009 | -9.1% | £89,407 |
| April 2008 | -2.3% | £98,408 |
| April 2007 | 0% | £100,686 |
Rental Market Trendsin NG16 5PQ
The current average rental value in the postcode is £764.
The NG16 5PQ Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £764pcm |
| April 2025 | 3.3% | £751pcm |
| April 2024 | 6.9% | £727pcm |
| April 2023 | 10.8% | £679pcm |
| April 2022 | 9% | £613pcm |
| April 2021 | 5.7% | £563pcm |
| April 2020 | 3.2% | £532pcm |
| April 2019 | 1.5% | £516pcm |
| April 2018 | 2.1% | £508pcm |
| April 2017 | 2.7% | £497pcm |
| April 2016 | 1.4% | £484pcm |
| April 2015 | 1.4% | £478pcm |
| April 2014 | 3.4% | £471pcm |
| April 2013 | 1.8% | £455pcm |
| April 2012 | -0.8% | £448pcm |
| April 2011 | 1.6% | £451pcm |
| April 2010 | 1% | £444pcm |
| April 2009 | -5.2% | £440pcm |
| April 2008 | 1.3% | £464pcm |
| April 2007 | 0% | £458pcm |
Properties and Buildingsin NG16 5PQ, Castle Lane, Codnor Park, Ironville, Nottingham, NG16
- 1 Castle Hill Cottages, Castle Lane, Nottingham, NG16 5PQ3 bed period house
- 2 Castle Hill Cottages, Castle Lane, Nottingham, NG16 5PQ3 bed period house
- Castle Farm, Castle Lane, Codnor Park, Ironville, Nottingham, NG16Building2 units
- Castle Lodge, Castle Lane, Nottingham, NG16 5PQ
- Stoneyford Farm, Castle Lane, Codnor Park, Ironville, Nottingham, NG16Building2 units
Sales Historyin NG16 5PQ
The last sale was on 14th September 2023 for £150,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 2 sales since 1995.
NG16 5PQ has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto NG16 5PQ
NG16 5PQ is the 283rd largest and the 330th most expensive postcode out of the 1,707 postcodes in the NG16 area.
- 1.0 kmNG16 4HG, Nottingham Road, Langley Mill, Nottingham, NG16NG16 4HG31 Addresses
- 1.0 kmNG16 4HH, Lodge Lane, Langley Mill, Nottingham, NG16NG16 4HH3 Addresses
- 1.1 kmNG16 5PE, Codnor Park, Ironville, Nottingham, NG16NG16 5PE1 Addresses
- 1.2 kmNG16 5PR, Boat Lane, Jacksdale, Nottingham, NG16NG16 5PR8 Addresses
- 1.3 kmNG16 5PL, Monument Lane, Codnor Park, Ironville, Nottingham, NG16NG16 5PL3 Addresses
- 1.4 kmNG16 5PB, The Park, Codnor Park, Ironville, Nottingham, NG16NG16 5PB26 Addresses
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Property Typesin NG16 5PQ
- 2 period houses built between 1800 and 1911
- 5 other addresses of unknown type
- period house (2)
- Unknown (5)
Energy Efficiencyof properties in NG16 5PQ
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (4)
Schools Nearbyto NG16 5PQ
The nearest primary school to NG16 5PQ is Codnor Community Primary School Church of England Controlled which is 1.6 kilometres away.
- 1.6kmCodnor Community Primary School Church of England Controlled
- 1.9kmJacksdale Primary and Nursery School
- 2.0kmIronville and Codnor Park Primary School
The nearest secondary school is Aldercar High School which is 2.3 kilometres away.
- 2.3kmAldercar High School
- 2.6kmThe Ripley Academy
- 3.9kmHeanor Gate Spencer Academy
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Public Transport Nearbyto NG16 5PQ
The closest station to NG16 5PQ is Langley Mill station which is 3.3 kilometres away.
- 3.3kmLangley Mill
- 6.3kmAlfreton
- 8.3kmIlkeston
- 8.6kmAmbergate
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