Melbourne Road - NG8 5HL
Key Postcode Insights
NG8 5HL is a residential postcode situated on Melbourne Road, Nottingham, NG8 with 44 addresses.
It ranks as the 1019th largest and 389th most expensive of the 1,141 postcodes in the NG8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 42 houses and 2 flats.
- Ave. Sale Price
- £172,505
- 10 Year change
- up 57.1%
- Ave. Rental Price
- £1,081pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
NG8 5HL is a residential postcode situated on Melbourne Road, Nottingham, NG8 with 44 addresses.
It ranks as the 1019th largest and 389th most expensive of the 1,141 postcodes in the NG8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 42 houses and 2 flats.
- Ave. Sale Price
- £172,505
- 10 Year change
- up 57.1%
- Ave. Rental Price
- £1,081pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin NG8 5HL
- 5 Melbourne Road
3 Bed Early-century House
- 7 Melbourne Road
Unknown
- 9 Melbourne Road
3 Bed Early-century House
- 11 Melbourne Road
3 Bed Early-century House
- 13 Melbourne Road
3 Bed Early-century House
Sales Market Trends
The last sale in NG8 5HL sold for £160,000 on 28th November 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £172,505.
The NG8 5HL Sales Market has increased by 57.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £172,505 |
| June 2025 | 1.9% | £175,810 |
| June 2024 | 0.5% | £172,545 |
| June 2023 | 3.6% | £171,685 |
| June 2022 | 12.9% | £165,799 |
| June 2021 | 9.4% | £146,877 |
| June 2020 | 6.1% | £134,311 |
| June 2019 | 3.6% | £126,573 |
| June 2018 | 6.1% | £122,174 |
| June 2017 | 4.9% | £115,144 |
| June 2016 | 7.3% | £109,772 |
| June 2015 | 5.5% | £102,352 |
| June 2014 | 6% | £97,059 |
| June 2013 | 1.7% | £91,557 |
| June 2012 | 2.7% | £89,986 |
| June 2011 | -4.1% | £87,610 |
| June 2010 | 3.3% | £91,312 |
| June 2009 | -12.2% | £88,395 |
| June 2008 | -4.3% | £100,724 |
| June 2007 | 0% | £105,216 |
Rental Market Trends
The current average rental value in the postcode is £1,081.
The NG8 5HL Rental Market has increased by 68.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,081pcm |
| June 2025 | 1% | £1,057pcm |
| June 2024 | 4.3% | £1,046pcm |
| June 2023 | 9.5% | £1,003pcm |
| June 2022 | 13.2% | £916pcm |
| June 2021 | 10.5% | £809pcm |
| June 2020 | 4.5% | £732pcm |
| June 2019 | 4.5% | £701pcm |
| June 2018 | 3.1% | £671pcm |
| June 2017 | 1.1% | £650pcm |
| June 2016 | 5.3% | £643pcm |
| June 2015 | 3.7% | £611pcm |
| June 2014 | 2.8% | £589pcm |
| June 2013 | 0.6% | £573pcm |
| June 2012 | 0.8% | £570pcm |
| June 2011 | 2.2% | £565pcm |
| June 2010 | 1.8% | £553pcm |
| June 2009 | -4.8% | £543pcm |
| June 2008 | -1.7% | £570pcm |
| June 2007 | 0% | £580pcm |
Sales History
The last sale was on 28th November 2025 for £160,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 33 sales since 1995.
NG8 5HL has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£160,000 | 3 Bed House17, Melbourne Road, Nottingham, NG8 5HL17, Melbourne Road, Nottingham, NG8 5HL
- Sold Mar 2025£140,000 | 3 Bed House59, Melbourne Road, Nottingham, NG8 5HL59, Melbourne Road, Nottingham, NG8 5HL
- Sold Dec 2022£255,000 | 4 Bed House47, Melbourne Road, Nottingham, NG8 5HL47, Melbourne Road, Nottingham, NG8 5HL
- Sold Nov 2022£250,000 | 3 Bed House75, Melbourne Road, Nottingham, NG8 5HL75, Melbourne Road, Nottingham, NG8 5HL
- Sold Oct 2021£250,000 | 5 Bed House83, Melbourne Road, Nottingham, NG8 5HL83, Melbourne Road, Nottingham, NG8 5HL
Nearby Postcodes
NG8 5HL is the 1019th largest and the 389th most expensive postcode out of the 1,141 postcodes in the NG8 area.
- NG8 5HP, Melbourne Road, Nottingham, NG8NG8 5HP39 Addresses|121 m away
- NG8 5HQ, Melbourne Road, Nottingham, NG8NG8 5HQ18 Addresses|124 m away
- NG8 5HR, Hilcot Drive, Nottingham, NG8NG8 5HR30 Addresses|125 m away
- NG8 5DA, Denehurst Avenue, Nottingham, NG8NG8 5DA26 Addresses|143 m away
- NG8 5DE, Melbourne Court, Nottingham, NG8NG8 5DE48 Addresses|143 m away
Property Types
- 1 house of an unknown age
- 31 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 10 other addresses of unknown type
- house (1)
- early-century house (31)
- early-century flat (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 33 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (11)
- G (0)
- D (19)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Dec 2025£332,000 | 4 Bed House110, Melbourne Road, Nottingham, NG8 5HP110, Melbourne Road, Nottingham, NG8 5HP
- Sold Dec 2022£255,000 | 4 Bed House47, Melbourne Road, Nottingham, NG8 5HL47, Melbourne Road, Nottingham, NG8 5HL
- Sold Oct 2021£250,000 | 5 Bed House83, Melbourne Road, Nottingham, NG8 5HL83, Melbourne Road, Nottingham, NG8 5HL
Schools Nearby
- Whitemoor Academy (Primary and Nursery)600 m away
- Ambleside Primary School700 m away
- Old Basford School800 m away
- Ellis Guilford School500 m away
- Bluecoat Aspley Academy800 m away
- Nottingham Girls' Academy1.0 km away
More reading links
Public Transport Nearby
The closest station to NG8 5HL is Bulwell station, which is 2.7 kilometres away.
- Bulwell|2.7 km away
- Nottingham|4.4 km away
- Beeston|6.2 km away
- Ilkeston|6.9 km away