Spring Lane - NG3 5RR
Key Postcode Insights
NG3 5RR is a residential postcode situated on Spring Lane, Mapperley, Nottingham, NG3 with 31 addresses.
It ranks as the 699th largest and 956th most expensive of the 1,003 postcodes in the NG3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £468,333
- 10 Year change
- up 49.0%
- Ave. Rental Price
- £1,505pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £303/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
NG3 5RR is a residential postcode situated on Spring Lane, Mapperley, Nottingham, NG3 with 31 addresses.
It ranks as the 699th largest and 956th most expensive of the 1,003 postcodes in the NG3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £468,333
- 10 Year change
- up 49.0%
- Ave. Rental Price
- £1,505pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £303/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin NG3 5RR
- 315 Spring Lane
House
- 327 Spring Lane
House
- 329 Spring Lane
5 Bed Early-century House
- 331 Spring Lane
House
- 333 Spring Lane
5 Bed Modern House
Sales Market Trends
The last sale in NG3 5RR sold for £390,100 on 20th October 2023. Since then prices are down an average of 0.5%.
The current average value in the postcode is £468,333.
The NG3 5RR Sales Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £468,333 |
| June 2025 | 1% | £476,290 |
| June 2024 | 0.8% | £471,665 |
| June 2023 | 2% | £467,946 |
| June 2022 | 11.2% | £458,810 |
| June 2021 | 8.4% | £412,655 |
| June 2020 | 4.2% | £380,686 |
| June 2019 | 3.6% | £365,458 |
| June 2018 | 5.8% | £352,717 |
| June 2017 | 6.1% | £333,432 |
| June 2016 | 5.4% | £314,322 |
| June 2015 | 4.6% | £298,199 |
| June 2014 | 6.8% | £285,001 |
| June 2013 | 1.1% | £266,835 |
| June 2012 | 1.3% | £263,852 |
| June 2011 | -1.6% | £260,398 |
| June 2010 | 6.6% | £264,537 |
| June 2009 | -10.4% | £248,082 |
| June 2008 | -2.3% | £276,806 |
| June 2007 | 0% | £283,464 |
Rental Market Trends
The current average rental value in the postcode is £1,505.
The NG3 5RR Rental Market has increased by 62.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £1,505pcm |
| June 2025 | 2.6% | £1,489pcm |
| June 2024 | 4.6% | £1,451pcm |
| June 2023 | 9.9% | £1,387pcm |
| June 2022 | 11.5% | £1,262pcm |
| June 2021 | 6.3% | £1,131pcm |
| June 2020 | 4.1% | £1,064pcm |
| June 2019 | 3.7% | £1,022pcm |
| June 2018 | 3.2% | £986pcm |
| June 2017 | 3.5% | £955pcm |
| June 2016 | 5% | £923pcm |
| June 2015 | 2.8% | £879pcm |
| June 2014 | 3.5% | £855pcm |
| June 2013 | 1.1% | £826pcm |
| June 2012 | 1.2% | £817pcm |
| June 2011 | 3.3% | £807pcm |
| June 2010 | 4.3% | £781pcm |
| June 2009 | -4.9% | £749pcm |
| June 2008 | 1% | £788pcm |
| June 2007 | 0% | £780pcm |
Sales History
The last sale was on 20th October 2023 for £390,100 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 49 sales since 1995.
NG3 5RR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2023£390,100 | 4 Bed House369, Spring Lane, Nottingham, NG3 5RR369, Spring Lane, Nottingham, NG3 5RR
- Sold Jul 2023£675,000 | 4 Bed House345, Spring Lane, Nottingham, NG3 5RR345, Spring Lane, Nottingham, NG3 5RR
- Sold Dec 2021£1,200,000 | 5 Bed House397, Spring Lane, Nottingham, NG3 5RR397, Spring Lane, Nottingham, NG3 5RR
- Sold Sep 2021£450,000 | 4 Bed House355, Spring Lane, Nottingham, NG3 5RR355, Spring Lane, Nottingham, NG3 5RR
- Sold Mar 2021£430,000 | 5 Bed House347, Spring Lane, Nottingham, NG3 5RR347, Spring Lane, Nottingham, NG3 5RR
Nearby Postcodes
NG3 5RR is the 699th largest and the 956th most expensive postcode out of the 1,003 postcodes in the NG3 area.
- NG3 5PB, Sanderson Drive, Nottingham, NG3NG3 5PB10 Addresses|89 m away
- NG3 5SB, Dunsford Drive, Nottingham, NG3NG3 5SB33 Addresses|113 m away
- NG3 5SF, Hatherleigh Close, Nottingham, NG3NG3 5SF15 Addresses|124 m away
- NG3 5RQ, Spring Lane, Mapperley, Nottingham, NG3NG3 5RQ32 Addresses|139 m away
- NG3 5SD, Thurlestone Drive, Nottingham, NG3NG3 5SD27 Addresses|167 m away
Property Types
- 12 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- modern house (12)
- mid-century house (4)
- house (1)
- early-century house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (1)
- F (0)
- C (10)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Dec 2021£1,200,000 | 5 Bed House397, Spring Lane, Nottingham, NG3 5RR397, Spring Lane, Nottingham, NG3 5RR
- Sold Jul 2023£675,000 | 4 Bed House345, Spring Lane, Nottingham, NG3 5RR345, Spring Lane, Nottingham, NG3 5RR
- Sold Aug 2012£547,500 | 5 Bed House322A, Spring Lane, Nottingham, NG3 5RQ322A, Spring Lane, Nottingham, NG3 5RQ
Schools Nearby
- Coppice Farm Primary School800 m away
- Ernehale Infant School1.3 km away
- Ernehale Junior School1.3 km away
- Christ The King Voluntary Academy900 m away
- Arnold Hill Spencer Academy1.2 km away
- Carlton Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to NG3 5RR is Carlton station, which is 3.8 kilometres away.
- Carlton|3.8 km away
- Netherfield|4.2 km away
- Burton Joyce|4.2 km away
- Nottingham|6.4 km away
