Melrose Street - NG5 2JP
Key Postcode Insights
NG5 2JP is a residential postcode situated on Melrose Street, Nottingham, NG5 with 35 addresses.
It ranks as the 1449th largest and 644th most expensive of the 1,816 postcodes in the NG5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 34 houses and 1 other property.
- Ave. Sale Price
- £180,605
- 10 Year change
- up 56.9%
- Ave. Rental Price
- £979pcm
- 10 Year change
- up 71.7%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NG5 2JP is a residential postcode situated on Melrose Street, Nottingham, NG5 with 35 addresses.
It ranks as the 1449th largest and 644th most expensive of the 1,816 postcodes in the NG5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 34 houses and 1 other property.
- Ave. Sale Price
- £180,605
- 10 Year change
- up 56.9%
- Ave. Rental Price
- £979pcm
- 10 Year change
- up 71.7%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties in NG5 2JP
- 1 Melrose Street
3 Bed Period House
- 2 Melrose Street
3 Bed Period House
- 3 Melrose Street
3 Bed Period House
- 4 Melrose Street
3 Bed Period House
- 5 Melrose Street
3 Bed Period House
Sales Market Trends
The last sale in NG5 2JP sold for £195,000 on 31st October 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £180,605.
The NG5 2JP Sales Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £180,605 |
| June 2025 | 2.8% | £183,098 |
| June 2024 | 0.7% | £178,059 |
| June 2023 | 3.2% | £176,859 |
| June 2022 | 12.6% | £171,409 |
| June 2021 | 8.7% | £152,190 |
| June 2020 | 4.8% | £140,057 |
| June 2019 | 4.6% | £133,614 |
| June 2018 | 5.2% | £127,763 |
| June 2017 | 5.5% | £121,476 |
| June 2016 | 5.8% | £115,145 |
| June 2015 | 4.5% | £108,832 |
| June 2014 | 7.5% | £104,120 |
| June 2013 | 2.4% | £96,848 |
| June 2012 | 0.6% | £94,590 |
| June 2011 | -3.1% | £94,026 |
| June 2010 | 6.2% | £97,068 |
| June 2009 | -12.1% | £91,403 |
| June 2008 | -4.9% | £103,980 |
| June 2007 | 0% | £109,343 |
Rental Market Trends
The current average rental value in the postcode is £979.
The NG5 2JP Rental Market has increased by 71.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £979pcm |
| June 2025 | 2.2% | £964pcm |
| June 2024 | 4.6% | £943pcm |
| June 2023 | 10.8% | £902pcm |
| June 2022 | 12.6% | £814pcm |
| June 2021 | 7.7% | £723pcm |
| June 2020 | 5.1% | £672pcm |
| June 2019 | 4.4% | £639pcm |
| June 2018 | 3.9% | £612pcm |
| June 2017 | 3.4% | £589pcm |
| June 2016 | 5.7% | £570pcm |
| June 2015 | 3% | £539pcm |
| June 2014 | 4.4% | £524pcm |
| June 2013 | 1.6% | £502pcm |
| June 2012 | 0.5% | £494pcm |
| June 2011 | 2.4% | £491pcm |
| June 2010 | 3.1% | £479pcm |
| June 2009 | -6.7% | £465pcm |
| June 2008 | 0.2% | £499pcm |
| June 2007 | 0% | £498pcm |
Sales History
The last recorded sale was on 31st October 2025 for £195,000 and since then the market in the area has decreased by 1.4%.
NG5 2JP has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Oct 2025£195,000 | 3 Bed House31, Melrose Street, Nottingham, NG5 2JP31, Melrose Street, Nottingham, NG5 2JP
- Sold Jul 2025£150,000 | 3 Bed House6, Melrose Street, Nottingham, NG5 2JP6, Melrose Street, Nottingham, NG5 2JP
- Sold Dec 2024£223,500 | 3 Bed House20, Melrose Street, Nottingham, NG5 2JP20, Melrose Street, Nottingham, NG5 2JP
Nearby Postcodes
NG5 2JP is the 1449th largest and the 644th most expensive postcode out of the 1,816 postcodes in the NG5 area.
- NG5 2JR, Drayton Street, Nottingham, NG5NG5 2JR39 Addresses|28 m away
- NG5 2HD, Daybrook Street, Nottingham, NG5NG5 2HD42 Addresses|61 m away
- NG5 2JT, Broxtowe Street, Nottingham, NG5NG5 2JT29 Addresses|68 m away
- NG5 2JL, Mansfield Road, Redhill, Nottingham, NG5NG5 2JL11 Addresses|73 m away
- NG5 2JS, Woodville Road, Nottingham, NG5NG5 2JS25 Addresses|75 m away
Property Types
- 31 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 1 other address of unknown type
- period house (31)
- mid-century house (1)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 32 properties.
- The most common rating is D.
- A (0)
- E (11)
- B (0)
- F (0)
- C (2)
- G (0)
- D (19)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Dec 2024£223,500 | 3 Bed House20, Melrose Street, Nottingham, NG5 2JP20, Melrose Street, Nottingham, NG5 2JP
- Sold Apr 2023£207,000 | 3 Bed House31, Melrose Street, Nottingham, NG5 2JP31, Melrose Street, Nottingham, NG5 2JP
- Sold Dec 2022£205,700 | 3 Bed House28, Melrose Street, Nottingham, NG5 2JQ28, Melrose Street, Nottingham, NG5 2JQ
Schools Nearby
- Haydn Primary School100 m away
- Seely Primary School500 m away
- Carrington Primary and Nursery School1.0 km away
- Nottingham Free School800 m away
- The Wells Academy1.3 km away
- Bluecoat Trent Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to NG5 2JP is Nottingham station, which is 3.8 kilometres away.
- Nottingham|3.8 km away
- Bulwell|3.8 km away
- Carlton|4.9 km away
- Netherfield|5.1 km away