NG16 5QP is a residential postcode situated on Parkside Drive, Codnor Park, Ironville, Nottingham, NG16 with 6 addresses.
It ranks as the 243rd largest and 89th most expensive of the 1,707 postcodes in the NG16 area.
The postcode contains a total of 6 properties: 6 flats.
NG16 5QP is a residential postcode situated on Parkside Drive, Codnor Park, Ironville, Nottingham, NG16 with 6 addresses.
It ranks as the 243rd largest and 89th most expensive of the 1,707 postcodes in the NG16 area.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £90,820 for 2 bedroom Leasehold flats with a garden (697 ft2) to £100,849 for 2 bedroom Leasehold flats (697 ft2) .
Monthly rental prices range from £487 pcm for 2 bed flats to £507 pcm for 2 bed flats.
The gross rental yield is between 6.0% and 6.4%.
The average value per square foot is £145.
The current average value in the postcode is £99,178.
The NG16 5QP Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £99,178 |
| April 2025 | 2.4% | £99,957 |
| April 2024 | 0.1% | £97,582 |
| April 2023 | 1.8% | £97,452 |
| April 2022 | 11.5% | £95,738 |
| April 2021 | 6.3% | £85,875 |
| April 2020 | 3% | £80,765 |
| April 2019 | 1.2% | £78,448 |
| April 2018 | 4.4% | £77,526 |
| April 2017 | 2.2% | £74,251 |
| April 2016 | 3.4% | £72,621 |
| April 2015 | 4.2% | £70,221 |
| April 2014 | 2.6% | £67,373 |
| April 2013 | 0.9% | £65,672 |
| April 2012 | -1.7% | £65,069 |
| April 2011 | -2.1% | £66,187 |
| April 2010 | -4.1% | £67,598 |
| April 2009 | -10.4% | £70,462 |
| April 2008 | -2.7% | £78,672 |
| April 2007 | 0% | £80,870 |
The current average rental value in the postcode is £503.
The NG16 5QP Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £503pcm |
| April 2025 | 3.5% | £486pcm |
| April 2024 | 8% | £469pcm |
| April 2023 | 10% | £434pcm |
| April 2022 | 8.1% | £395pcm |
| April 2021 | 4.9% | £365pcm |
| April 2020 | 3.4% | £348pcm |
| April 2019 | 0.4% | £337pcm |
| April 2018 | 0.5% | £336pcm |
| April 2017 | 1.3% | £334pcm |
| April 2016 | 0.3% | £330pcm |
| April 2015 | 0.8% | £329pcm |
| April 2014 | 2.5% | £326pcm |
| April 2013 | -0.5% | £318pcm |
| April 2012 | -1.6% | £320pcm |
| April 2011 | 0% | £325pcm |
| April 2010 | -1.7% | £325pcm |
| April 2009 | -7% | £331pcm |
| April 2008 | 1% | £355pcm |
| April 2007 | 0% | £352pcm |
NG16 5QP is the 243rd largest and the 89th most expensive postcode out of the 1,707 postcodes in the NG16 area.
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The closest station to NG16 5QP is Alfreton station which is 4.7 kilometres away.
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