NG5 8GY is a residential postcode situated on Bestwood Park View, Arnold, Nottingham, NG5 with 6 addresses.
It ranks as the 212th largest and 1008th most expensive of the 1,815 postcodes in the NG5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
NG5 8GY is a residential postcode situated on Bestwood Park View, Arnold, Nottingham, NG5 with 6 addresses.
It ranks as the 212th largest and 1008th most expensive of the 1,815 postcodes in the NG5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £206,157 for 3 bedroom freehold houses with a garden (1,001 ft2) to £251,044 for 4 bedroom freehold houses with a garden (1,474 ft2) .
Monthly rental prices range from £1,069 pcm for 3 bed houses to £1,230 pcm for 4 bed houses.
The gross rental yield is between 5.9% and 6.2%.
The average value per square foot is £204.
The last sale in NG5 8GY sold for £282,000 on 2nd August 2024. Since then prices are down an average of 0.9%.
The current average value in the postcode is £221,364.
The NG5 8GY Sales Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £221,364 |
| April 2025 | 3.3% | £227,769 |
| April 2024 | 0.1% | £220,388 |
| April 2023 | 6.1% | £220,245 |
| April 2022 | 10.5% | £207,636 |
| April 2021 | 8.1% | £187,954 |
| April 2020 | 3.8% | £173,796 |
| April 2019 | 4% | £167,492 |
| April 2018 | 5.3% | £161,048 |
| April 2017 | 5.4% | £152,983 |
| April 2016 | 5.6% | £145,156 |
| April 2015 | 6.2% | £137,489 |
| April 2014 | 6% | £129,497 |
| April 2013 | 3.3% | £122,125 |
| April 2012 | 0.5% | £118,267 |
| April 2011 | -3.4% | £117,710 |
| April 2010 | 7.3% | £121,868 |
| April 2009 | -12.2% | £113,586 |
| April 2008 | -4% | £129,408 |
| April 2007 | 0% | £134,774 |
The current average rental value in the postcode is £1,122.
The NG5 8GY Rental Market has increased by 67.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,122pcm |
| April 2025 | 3.2% | £1,108pcm |
| April 2024 | 6.1% | £1,074pcm |
| April 2023 | 10.5% | £1,012pcm |
| April 2022 | 10.7% | £917pcm |
| April 2021 | 5.8% | £828pcm |
| April 2020 | 5.6% | £783pcm |
| April 2019 | 3.3% | £741pcm |
| April 2018 | 3.4% | £717pcm |
| April 2017 | 3.6% | £694pcm |
| April 2016 | 4.8% | £670pcm |
| April 2015 | 2.7% | £639pcm |
| April 2014 | 3.5% | £623pcm |
| April 2013 | 1.8% | £602pcm |
| April 2012 | 1% | £591pcm |
| April 2011 | 2.4% | £585pcm |
| April 2010 | 2% | £571pcm |
| April 2009 | -4.1% | £560pcm |
| April 2008 | -0.3% | £584pcm |
| April 2007 | 0% | £586pcm |
The last sale was on 2nd August 2024 for £282,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 5 sales since 1995.
NG5 8GY has seen 2 sales in the last three years and no sales in the last twelve months.
NG5 8GY is the 212th largest and the 1008th most expensive postcode out of the 1,815 postcodes in the NG5 area.
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The closest station to NG5 8GY is Bulwell station which is 4.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NG5 8GY, 38.6% of property is privately owned with a mortgage and 30.7% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NG5 8GY, 20.3% of residents are recorded as possessing school level qualifications and 21.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG5 8GY, the average age was 39.9 and the most common age was 37.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NG5 8GY, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NG5 8GY, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.