Property profile

8 Merchant Avenue

Map showing 8, Merchant Avenue, Nottingham

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Estimated sale price

£370,000

Detached sold in Leen Valley

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold19 Nov 2019
£291,750Change since last sale: +£79,000 (+27%)
Annualised change
+3.6% per yearNottingham annualised change (detached) since 2019: +4.3% per yearThis property's value grew slower than the market
Price per sq ftLocal median £296 per sq ft
£311 per sq ftEstimate vs local median: +£15 per sq ft (+5.1%)
Local sold pricesMedian for detached in Leen Valley
£323,000Estimate vs local median: +£48,000 (+15%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Floor area111 m² / 1,195 sq ft
EPC ratingB
EPC inspection09 Aug 2018

Sales history

DatePriceChange
19 Nov 2019£291,750-

Local market

Property prices in Leen Valley

Median price£263,000
Price per sq ft£283
Sales (last 12 months)97
Typical range (middle 50%)£207K – £330K

Based on 97 recent sales, the median property price is £263,000 (about £283 per square foot) in Leen Valley area, with individual transactions ranging from £72,000 up to £495,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Leen Valley over the last year.
TypeSalesMedian£/sq ft
Detached46£323,000£296
Semi-Detached23£240,000£260
Terraced24£210,000£264
Flats4£136,750£193

10-year price trendmedian sale price in Leen Valley

Sale price

Ten year median sale price trend for each property type in Leen Valley.
YearDetachedFlatsSemi-DetachedTerraced
2016£183,500£79,000£149,000£129,195
2017£249,998£79,000£159,995£127,495
2018£274,995£111,950£152,500£130,575
2019£286,125£101,619£176,000£145,000
2020£291,750£96,000£201,000£135,000
2021£262,750£105,000£180,000£153,500
2022£288,500£105,000£199,000£167,000
2023£320,000£112,000£220,000£180,000
2024£325,000£155,000£222,500£175,000
2025£330,000£120,000£242,000£212,000
2026£308,500£157,500£247,500£214,000
Ten year median sale price trend for each property type in Leen Valley.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Leen Valley.
YearDetachedFlatsSemi-DetachedTerraced
2016£173£118£192£203
2017£223£128£178£164
2018£224£173£170£170
2019£241£169£196£174
2020£243£141£216£170
2021£251£151£219£207
2022£280£184£224£214
2023£293£179£251£229
2024£281£236£267£225
2025£293£210£263£278
2026£310£261£238£245
Ten year median sale price per square foot trend for each property type in Leen Valley.

Price distribution by property typelast 12 months

Price distribution by property type for Leen Valley in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NG8 3QB.

Recent sold properties in the last 18 months near NG8 3QB
DateAddressTypeTenurePriceMap
28 Nov 20254, Merchant Avenue, Nottingham, NG8 3QBSemi-DetachedFreehold£225,000
26 Mar 20257, Merchant Avenue, Nottingham, NG8 3QBDetachedFreehold£379,000
30 Sept 202513, Sturmer Way, Nottingham, NG8 3QETerracedLeasehold£180,000
13 Oct 202510, Russet Way, Nottingham, NG8 3QDTerracedFreehold£185,000
20 Nov 202512, Meridian Close, Nottingham, NG8 3PXTerracedFreehold£172,500

Other properties at this postcode

AddressTenureFloor areaLast sale
2, Merchant Avenue, NottinghamFreehold104 m²£287,000 (2024)
3, Merchant Avenue, NottinghamFreehold104 m²£247,500 (2019)
4, Merchant Avenue, NottinghamFreehold104 m²£225,000 (2025)
5, Merchant Avenue, NottinghamFreehold104 m²£247,500 (2019)
6, Merchant Avenue, NottinghamFreehold111 m²£291,750 (2019)
7, Merchant Avenue, NottinghamFreehold113 m²£379,000 (2025)
9, Merchant Avenue, NottinghamFreehold70 m²£204,500 (2019)
9A, Merchant Avenue, NottinghamFreehold70 m²£203,500 (2019)
10, Merchant Avenue, NottinghamFreehold114 m²£287,250 (2018)
11, Merchant Avenue, NottinghamFreehold70 m²£203,500 (2019)

Area insights for NG8 3QB

Full area profile →

Overview

Postcode NG8 3QB is located in a minor urban area, within the Leen Valley ward of Nottingham in the East Midlands region, and forms part of the Bobbers Mill area. It has average deprivation and average crime levels, with around 48.2 crimes per 1,000 residents per year, about 50% below the East Midlands average of 96 per 1,000. The average income per household in Bobbers Mill is £47,229 per year. The nearest station is Nottingham, about 2.4 miles away. There are 10 primary and 6 secondary schools in the area.

Crime rate
5/10
Crimes per 1k residents
48
Deprivation level
6/10
Income level
5/10
Social housing
8.5%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

6/10

Bobbers Mill has an average level of deprivation, ranked at position 14,045 out of 32,844 areas in the United Kingdom, placing it within the top 43% most deprived areas in England.

Crime level

5/10

Bobbers Mill has an average crime rate, with approximately 48.2 reported incidents per 1,000 population each year.

Social housing

8.5%

Approximately 8.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 16.7% of dwellings are socially rented.

Income level

5/10

The average income per household in Bobbers Mill is £47,229 per year.

Noise Level

No noise

No significant noise sources from railways or roads near NG8 3QB.

Flood risk

No risk

Bobbers Mill near NG8 3QB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Nottingham located about 2.4 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
270
Population density
12,570.1 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
25.66(-26%)
Anti-social behaviour
10.66(-37%)
Criminal damage and arson
5.53(-26%)
Vehicle crime
3.16(-23%)
Other theft
3.16(-45%)
East Midlands average

Demographics

Ethnic groups

British
93
34.19%
Indian
36
13.24%
Other Asian
28
10.29%
Pakistani
21
7.72%
Other White
18
6.62%
Total population: 272

Economics

Education (age 16+)

Level 4+ (Degree)
104
53.61%
Level 3 (A level)
26
13.4%
Level 2 (GCSEs 9-4)
19
9.79%
Level 1 (GCSEs 3-1)
18
9.28%
No qualifications
15
7.73%
Total 16+ residents: 194

Housing

Housing tenure

Owns with a mortgage
62
58.49%
Private landlord or letting agency
20
18.87%
Owns outright
12
11.32%
Social rents from council
9
8.49%
Other forms of private rent
3
2.83%
Total households: 106

Schools

In the NG8 3QB postcode area, located within Bobbers Mill, there are 10 primary and 6 secondary schools in close proximity.

Nearby primary and secondary schools for NG8 3QB
DistancePhaseNameTypeRating
0.1 miSecondaryNottingham Girls' AcademyAcademy sponsor led

Outstanding

0.4 miNot applicableWoodlands AcademyAcademy special converter

Good

0.4 miSecondaryThe Trinity Catholic School A Voluntary AcademyAcademy converter

Good

Local amenities

10 nearby supermarkets & convenience stores within mi of NG8 3QB

Nearby supermarkets & convenience stores for NG8 3QB
DistanceNameAddressDirections
0.2 miLondis337 Beechdale Road, Nottingham, NG8 3FFWalking directions to Londis
0.2 miBeechdale Road Convenience425 Beechdale Road, Nottingham, NG8 3LFWalking directions to Beechdale Road Convenience
0.3 miKamal Food Store557 Beechdale Road, Nottingham, NG8 3LHWalking directions to Kamal Food Store
0.4 miLidlBeechdale Road, Nottingham, NG8 3LLWalking directions to Lidl
0.4 miAmbergate Supplies15-17 Ambergate Road, Nottingham, NG8 3GDWalking directions to Ambergate Supplies