Merchant Avenue - NG8 3QB
Key Postcode Insights
NG8 3QB is a residential postcode situated on Merchant Avenue, Nottingham, NG8 with 19 addresses.
It ranks as the 480th largest and 891st most expensive of the 1,141 postcodes in the NG8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £291,759
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £1,326pcm
- 10 Year change
- up 67.3%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NG8 3QB is a residential postcode situated on Merchant Avenue, Nottingham, NG8 with 19 addresses.
It ranks as the 480th largest and 891st most expensive of the 1,141 postcodes in the NG8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £291,759
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £1,326pcm
- 10 Year change
- up 67.3%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin NG8 3QB
- 2 Merchant Avenue
4 Bed Modern House
- 3 Merchant Avenue
4 Bed Modern House
- 4 Merchant Avenue
4 Bed Modern House
- 5 Merchant Avenue
4 Bed Modern House
- 6 Merchant Avenue
4 Bed Modern House
Sales Market Trends
The last sale in NG8 3QB sold for £225,000 on 28th November 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £291,759.
The NG8 3QB Sales Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £291,759 |
| June 2025 | 1.5% | £299,127 |
| June 2024 | -0.1% | £294,774 |
| June 2023 | 3.4% | £295,117 |
| June 2022 | 12.9% | £285,433 |
| June 2021 | 9.7% | £252,734 |
| June 2020 | 5.3% | £230,344 |
| June 2019 | 3.5% | £218,821 |
| June 2018 | 7.3% | £211,453 |
| June 2017 | 5.1% | £197,010 |
| June 2016 | 8% | £187,453 |
| June 2015 | 6.8% | £173,527 |
| June 2014 | 5.5% | £162,479 |
| June 2013 | 1.7% | £154,026 |
| June 2012 | 5.4% | £151,482 |
| June 2011 | -3.3% | £143,729 |
| June 2010 | 4.2% | £148,700 |
| June 2009 | -10.1% | £142,698 |
| June 2008 | -3.1% | £158,709 |
| June 2007 | 0% | £163,826 |
Rental Market Trends
The current average rental value in the postcode is £1,326.
The NG8 3QB Rental Market has increased by 67.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,326pcm |
| June 2025 | 2.2% | £1,300pcm |
| June 2024 | 3.9% | £1,272pcm |
| June 2023 | 8.5% | £1,224pcm |
| June 2022 | 13.9% | £1,129pcm |
| June 2021 | 9.6% | £991pcm |
| June 2020 | 3.8% | £904pcm |
| June 2019 | 4.6% | £871pcm |
| June 2018 | 3.1% | £833pcm |
| June 2017 | 1.9% | £807pcm |
| June 2016 | 5.4% | £792pcm |
| June 2015 | 4% | £752pcm |
| June 2014 | 2.1% | £723pcm |
| June 2013 | 1% | £708pcm |
| June 2012 | 1.7% | £701pcm |
| June 2011 | 3.4% | £690pcm |
| June 2010 | 3.3% | £667pcm |
| June 2009 | -3.1% | £646pcm |
| June 2008 | -1.3% | £666pcm |
| June 2007 | 0% | £675pcm |
Sales History
The last sale was on 28th November 2025 for £225,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 24 sales since 1995.
NG8 3QB has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£225,000 | 4 Bed House4, Merchant Avenue, Nottingham, NG8 3QB4, Merchant Avenue, Nottingham, NG8 3QB
- Sold Mar 2025£379,000 | 4 Bed House7, Merchant Avenue, Nottingham, NG8 3QB7, Merchant Avenue, Nottingham, NG8 3QB
- Sold Feb 2025£240,000 | 3 Bed House17, Merchant Avenue, Nottingham, NG8 3QB17, Merchant Avenue, Nottingham, NG8 3QB
- Sold Jul 2024£287,000 | 4 Bed House2, Merchant Avenue, Nottingham, NG8 3QB2, Merchant Avenue, Nottingham, NG8 3QB
- Sold Jan 2023£215,000 | 3 Bed House21, Merchant Avenue, Nottingham, NG8 3QB21, Merchant Avenue, Nottingham, NG8 3QB
Nearby Postcodes
NG8 3QB is the 480th largest and the 891st most expensive postcode out of the 1,141 postcodes in the NG8 area.
- NG8 3QE, Sturmer Way, Nottingham, NG8NG8 3QE16 Addresses|45 m away
- NG8 3QD, Russet Way, Nottingham, NG8NG8 3QD17 Addresses|54 m away
- NG8 3PY, Colney Way, Nottingham, NG8NG8 3PY12 Addresses|64 m away
- NG8 3PX, Meridian Close, Nottingham, NG8NG8 3PX17 Addresses|66 m away
- NG8 3QA, Merchant Avenue, Nottingham, NG8NG8 3QA9 Addresses|78 m away
Property Types
- 19 modern houses built after 1980
- modern house (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (19)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Mar 2025£379,000 | 4 Bed House7, Merchant Avenue, Nottingham, NG8 3QB7, Merchant Avenue, Nottingham, NG8 3QB
- Sold Apr 2020£291,750 | 4 Bed House14, Merchant Avenue, Nottingham, NG8 3QB14, Merchant Avenue, Nottingham, NG8 3QB
- Sold Nov 2019£291,750 | 4 Bed House8, Merchant Avenue, Nottingham, NG8 3QB8, Merchant Avenue, Nottingham, NG8 3QB
Schools Nearby
- Robert Shaw Primary and Nursery School700 m away
- Southwold Primary School and Early Years' Centre1.0 km away
- Middleton Primary and Nursery School1.1 km away
- Nottingham Girls' Academy500 m away
- Bluecoat Aspley Academy600 m away
- The Trinity Catholic School A Voluntary Academy900 m away
More reading links
Public Transport Nearby
The closest station to NG8 3QB is Nottingham station, which is 3.9 kilometres away.
- Nottingham|3.9 km away
- Bulwell|4.0 km away
- Beeston|4.9 km away
- Ilkeston|6.7 km away
