Government data for the most and least expensive areas for buying a home across Nottinghamshire has been revealed in a heatmap. The parliamentary data breaks down just how much you will, on average, have to shell out to buy a property in each area of the city and how this compares to other areas nearby - using the property price heat map.
The most expensive properties were found in the borough of Rushcliffe and Newark. While the cheapest properties were found in Bassetlaw. The constituency-level data on house prices shows the latest data for neighbourhoods within each constituency.
It comes as latest national data has shown the number of new homes being listed for sale has risen for the first time in a year as buying demand remains resilient despite the cost-of-living crisis, according to surveyors. The latest RICS (Royal Institution of Chartered Surveyors) residential market survey said an increase in listings has helped drive a “modest” rise in sales last month.
RICS said the report showed a net balance of 8% of property professionals witnessed a rise in the volume of fresh listings coming onto the sales market. Simon Rubinsohn, RICS chief economist, said: “It is encouraging that a little more stock appears to be returning to the market.
“This is still early days in that inventory remains not far off historic lows but if the trend continues, it could help to create a better balance between supply and demand.”
Ashfield:
Across the district of Ashfield, the most expensive, according to the data for median prices, is in Eastwood East, where the average house price is £194,000. This is followed by Jacksdale and Underwood (£187,00), Eastwood Hall and Brinsley (£185,00), Kirkby Larwood and Kingsway (£175,00) and Selston (£175,00). The cheapest prices are found in Sutton Central and Leamington ward, where prices average at round £123,000. The overall average for Ashfield in September 2021 was £159,995.
Bassetlaw
The neighbourhood of Ranskill, Everton and Gringley has the most expensive prices within the district of Bassetlaw, according to the data, at £285,000. This is followed by Clarborough, Beckingham and Miserton where the average was reported to be £240,000. The ward encompassing Worksop West, Shireoaks and Rhodesia was found to have the third highest house prices with an average of £185,000. The cheapest prices were found in Wopksop Cheapside, where the average price was £87,850. This was followed by prices in Worksop Kilton, where prices were £150,000.
Broxtowe borough:
The most expensive homes in the borough of Broxtowe can be found in Bramcote, where prices were found to average at £349,950. The neighbourhood encompassing Attenborough and Chilwell East was found to have the second most expensive prices at £275,000. This was followed by average prices in Toton, which were found to be £270,000. Beeston North (£257,500), the neighbourhood encompassing Kimberley South, Trowell and Aawsworth (£220,000) and Beeston Town (£214,500) followed. The cheapest prices were found in Stapleford North, where sales averaged for around £169,975, followed by Stapleford South with average prices of £190,000.
Gedling borough:
The neighbourhood encompassing Burton Joyce and Lambley was found to have the most expensive prices at £305,000. This was followed by prices in the ward of Woodthorpe and Arno Vale (£285,000). Prices in Mapperley and Porchester were in third position in the ranking at £245,000, followed by Gedling South at £230,000. The cheapest prices were found in Netherfield and Colwick, where prices averaged at £155,000. This was followed by average prices of £155,000 in Daybrook and £172,000 in Carlton. Arnold Town was found to have the fourth cheapest priced at £180,000.
Mansfield:
King's Walk, Berry Hill and Oakham is the most expensive place to look for a home in the district of Mansfield, according to the figures. Prices there average at £232,250. This was followed by the neighbourhood of Oak Tree and Ransom Wood where prices averaged at £175,00. The third highest average prices were found to be in Forest Town and Newlands, at £170,000. This was followed by the neighbourhood encompassing Manor, Hornby and Peafields (£167,000), Eakring and Ling Forest (£165,000) and Market Warshop (£149,000). The cheapest prices were found in Mansfield Town Centre and Broomhill , at £99,000, followed by Newgate and Carr Bank, where average prices are £125,000.
Newark
The highest prices in the Newark and Sherwood district area were found in East Bridgford and Aslockton, where prices averaged at £425,000. This was followed by the ward encompassing Lowdham, Bleasby and Gunthorpe at £370,000. Prices in Southwell were the third highest at £340,000, followed by the neighbourhood encompassing Muskham, Sutton on Trent and Walesby at £315,000. The cheapest homes in the area were sold in Newark North, where prices were found to be £150,000 on average, followed by Newark South East at £167,750.
Nottingham East
The most expensive homes were found to be in Mapperley Park at £250,000, this was followed by Sherwood Vale at £188,750 and Bakersfield at £182,500. The fourth cheapest average house prices were found in North Sherwood £180,000, followed by New Basford at £170,000 and Thorneywood - £141,475. The cheapest prices were found in Hyson Green at £118,000, followed by St Ann's West at £122,000, Forest Fields at £123,642, Sneinton at £133,000 and St Ann's East at £133,500.
Nottingham North
The most expensive properties in Nottingham North were found in Rise Park and Top Valley Wes at £200,000, followed by Bilborough South at £177,500, Bilborough North at £161,250, Beechdale at £153,500, Old Basford at £148,000 and Bulwell West at £146,000. The Bulwell North at £115,000, followed by Aspley at £132,000 and Basford Park Lane at £134,000.
Nottingham South
Across Nottingham South, the cheapest prices were found in The Park and Castle, where an average of £295,000 was recorded. This was followed by Wollaton Park at £294,950, Wollaton Vale at £286,250 and Wilford and Silverdale at £251,000. the least expensive properties in the areas were recorded in Radford, where average prices were £135,000, followed by Lenton and Dunkirk and £150,500 and Clifton South at £152,500.
Rushcliffe
The highest prices were recorded in Edwalton, where prices averaged at £430,000. This was followed by property prices in the area encompassing Keyworth North, Tollerton and Willoughby at £425,000. Prices in Lady Bay followed at £414,500, and Compton Acres and Lutterell at £355,000. The cheapest prices were found in Cotgrave at £225,000, followed by Keyworth south at £240,000 and Ruddington at £260,000
