Banks CloseHouse Prices / East Midlands, Gedling
Key Street Insights
Banks Close is a residential street with 7 addresses.
It ranks as the 130th largest and 851st most expensive of the 1,164 streets in the NG5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Houses
Key Street Insights
Banks Close is a residential street with 7 addresses.
It ranks as the 130th largest and 851st most expensive of the 1,164 streets in the NG5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Houses
House Priceson Banks Close
Sale prices range from £214,623 for 3 bedroom freehold houses with a garden (807 ft2) to £276,392 for 4 bedroom freehold houses with a garden (1,323 ft2) .
Monthly rental prices range from £1,053 pcm for 3 bed houses to £1,194 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 5.9%.
The average value per square foot is £231.
Sales Market Trendson Banks Close
The last sale on Banks Close sold for £170,000 on 9th April 2021. Since then prices are up an average of 14.7%.
The current average value in the street is £239,911.
The Banks Close Sales Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.2% | £239,911 |
| May 2025 | 1.6% | £245,347 |
| May 2024 | 0.6% | £241,446 |
| May 2023 | 3.2% | £240,028 |
| May 2022 | 10.6% | £232,579 |
| May 2021 | 8% | £210,195 |
| May 2020 | 3.8% | £194,611 |
| May 2019 | 3.7% | £187,412 |
| May 2018 | 6% | £180,773 |
| May 2017 | 6% | £170,477 |
| May 2016 | 5.3% | £160,872 |
| May 2015 | 4.9% | £152,751 |
| May 2014 | 6.5% | £145,638 |
| May 2013 | 1.5% | £136,797 |
| May 2012 | 1.3% | £134,779 |
| May 2011 | -1.6% | £133,028 |
| May 2010 | 6.6% | £135,196 |
| May 2009 | -10.9% | £126,769 |
| May 2008 | -2.6% | £142,332 |
| May 2007 | 0% | £146,069 |
Rental Market Trendson Banks Close
The current average rental value in the street is £1,115.
The Banks Close Rental Market has increased by 63.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.2% | £1,115pcm |
| May 2025 | 3% | £1,102pcm |
| May 2024 | 5.3% | £1,070pcm |
| May 2023 | 10.1% | £1,017pcm |
| May 2022 | 10.8% | £923pcm |
| May 2021 | 5.3% | £833pcm |
| May 2020 | 4.5% | £791pcm |
| May 2019 | 3.6% | £757pcm |
| May 2018 | 3.4% | £730pcm |
| May 2017 | 3.3% | £706pcm |
| May 2016 | 4.9% | £684pcm |
| May 2015 | 2.9% | £652pcm |
| May 2014 | 3.3% | £633pcm |
| May 2013 | 1.1% | £613pcm |
| May 2012 | 1.4% | £607pcm |
| May 2011 | 3.6% | £598pcm |
| May 2010 | 3.6% | £577pcm |
| May 2009 | -4.5% | £557pcm |
| May 2008 | 0.6% | £583pcm |
| May 2007 | 0% | £580pcm |
Explore Propertieson Banks Close, Arnold, Nottingham, NG5
- 1, Banks Close, Nottingham, NG5 6RH
- 2, Banks Close, Nottingham, NG5 6RH3 bed mid-century house
- 3, Banks Close, Nottingham, NG5 6RH
- 4, Banks Close, Nottingham, NG5 6RH3 bed mid-century house
- 5, Banks Close, Nottingham, NG5 6RH
- 6, Banks Close, Nottingham, NG5 6RH3 bed mid-century house
- 7, Banks Close, Nottingham, NG5 6RH4 bed mid-century house
Sales Historyon Banks Close, Arnold, Nottingham, NG5
The last sale was on 9th April 2021 for £170,000 and since then the market in the area has increased by 14.7%. The street has had a total of 6 sales since 1995.
Banks Close, Arnold, Nottingham, NG5 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Banks Close, Arnold, Nottingham, NG5
Nearby Streetsto Banks Close, Arnold, Nottingham, NG5
Banks Close, Arnold, Nottingham, NG5 is the 130th largest and the 851st most expensive street in the NG5 area.
- 64 mCohen Close, Arnold, Nottingham, NG513 Addresses
- 93 mGreaves Close, Arnold, Nottingham, NG533 Addresses
- 116 mWilson Close, Arnold, Nottingham, NG514 Addresses
- 130 mBradman Gardens, Arnold, Nottingham, NG526 Addresses
- 133 mWembley Road, Arnold, Nottingham, NG543 Addresses
- 149 mNewton Close, Arnold, Nottingham, NG524 Addresses
Postcodeson Banks Close, Arnold, Nottingham, NG5
There is 1 postcode on Banks Close, Arnold, Nottingham, NG5.
- House prices in NG5 6RH7 Addresses
Property Typesin Banks Close
- 4 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (4)
- Unknown (3)
Energy Efficiencyof properties on Banks Close
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (3)
Schools Nearby
- 500mErnehale Infant School
- 600mErnehale Junior School
- 800mThe Good Shepherd Catholic Primary, Arnold
- 600mArnold Hill Spencer Academy
- 600mChrist The King Voluntary Academy
- 2.1kmRedhill Academy
More reading links
Public Transport Nearby
The closest station to Banks Close, Arnold, Nottingham, NG5 is Carlton station, which is 3.9 kilometres away.
- 3.9kmCarlton
- 4.2kmNetherfield
- 4.8kmBurton Joyce
