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Sherwood market report NG5 3, Nottingham
The NG5 3 (Sherwood) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 2,637 completed sales registered with HM Land Registry in NG5 3 (Nottingham) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in NG5 3 (Nottingham) came in at £213,500, out of 20 registered, up 12% on five years earlier, and the mean stands at £209,000, and by floor area homes here have averaged about £2,590 per square metre over the last five years. The record behind it is 2,637 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like NG5 3 is a single group of streets within NG5 (Nottingham), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NG5 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NG5 3 sold prices: where the market stands
In the NG5 3 property market, the 2026 median sale price is £213,500, from 20 registered sales; the mean, the "average house price" most sites quote, is £209,000, sitting almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in NG5 3
Averaged across five years of sales, floor space in NG5 3 costs about £2,590 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so NG5 3 trades 25% below the country as a whole.
NG5 3's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £213,500 | £213,500 | 20 |
| 2025 | £226,500 | £231,916 | 69 |
| 2024 | £212,000 | £225,400 | 62 |
| 2023 | £199,500 | £219,202 | 62 |
| 2022 | £220,000 | £257,975 | 81 |
| 2021 | £190,000 | £240,565 | 93 |
| 2020 | £175,000 | £227,066 | 62 |
| 2019 | £155,000 | £203,168 | 77 |
| 2018 | £145,000 | £193,288 | 91 |
| 2017 | £165,000 | £225,043 | 92 |
| 2016 | £180,000 | £251,822 | 138 |
| 2015 | £128,200 | £181,147 | 94 |
| 2014 | £115,000 | £163,148 | 73 |
| 2013 | £110,600 | £159,142 | 72 |
| 2012 | £116,000 | £170,738 | 63 |
| 2011 | £110,000 | £166,058 | 51 |
| 2010 | £110,000 | £172,508 | 62 |
| 2009 | £115,000 | £184,863 | 63 |
| 2008 | £118,000 | £193,427 | 51 |
| 2007 | £118,500 | £201,009 | 112 |
| 2006 | £125,000 | £216,984 | 101 |
| 2005 | £115,000 | £204,654 | 88 |
| 2004 | £111,000 | £201,598 | 83 |
| 2003 | £93,200 | £171,697 | 98 |
| 2002 | £80,000 | £150,519 | 114 |
| 2001 | £67,500 | £129,765 | 111 |
| 2000 | £58,000 | £113,825 | 97 |
| 1999 | £53,000 | £105,626 | 95 |
| 1998 | £49,500 | £99,919 | 97 |
| 1997 | £51,500 | £105,616 | 100 |
| 1996 | £48,200 | £101,652 | 102 |
| 1995 | £46,500 | £101,084 | 63 |
In cash terms the typical NG5 3 home went from £46,500 in 1995 to £213,500 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 111%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 17% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NG5 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2016 (+40.4% on the year before); the weakest, 2018 (−12.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.7% | −7.9% |
| 5 years (since 2021) | +2.4% | −2.4% |
| 10 years (since 2016) | +1.7% | −1.6% |
| 20 years (since 2006) | +2.7% | −0.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
NG5 3 recorded 20 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 101 sales a year before the financial crisis and 59 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How NG5 3 trades
Only 20 sales completed here in the last twelve months of data, which makes NG5 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What homes rent for around NG5 3
NG5 3 falls under Nottingham, where the ONS puts the average private rent at £1,006 a month (May 2026 figures). The spread runs from £730 a month for a typical one-bed to £1,452 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Nottingham
ONS Price Index of Private Rents, May 2026.
£1,006 a month is £12,072 a year, which against the £213,500 median sold price makes a gross yield of 5.7%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
NG5 3 (Sherwood): the questions that come up
Are property prices falling in NG5 3 (Sherwood)?
Is NG5 3 (Sherwood) a good place to buy a house?
How much did a house sell for in NG5 3 (Sherwood)?
Are NG5 3 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 12% over five years in cash but down 11% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
On the market in NG5 today
This is what you could actually buy today: 441 homes currently on the market from 14 agents publishing to HomesIndex.
These cover the whole NG5 district, not just NG5 3: live asking prices are collected per district.
30% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NG5 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in NG
The Land Registry record, split by size: what each kind of home actually sold for across the NG area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £242,000 | £340,000 (+40%) | £500,000 (+47%) | £685,000 (+37%) |
| Semi-detached | £170,000 | £195,000 (+15%) | £235,000 (+21%) | £330,000 (+40%) | £462,500 (+40%) |
| Terraced | £154,000 | £165,000 (+7%) | £185,000 (+12%) | £250,000 (+35%) | £328,500 (+31%) |
| Flat | £118,800 | £151,000 (+27%) | £220,000 (+46%) | £397,500 (+81%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NG area is the point: the same five years treated these districts very differently.
Five-year change in the median, NG area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NG5
A few minutes' walk can separate two very different markets. Here are NG5's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG5 1 | £210,000 | 45 |
| NG5 2 | £235,300 | 34 |
| NG5 4 | £301,200 | 50 |
| NG5 5 | £197,000 | 69 |
| NG5 6 | £215,000 | 43 |
| NG5 7 | £230,000 | 51 |
| NG5 8 | £238,000 | 65 |
| NG5 9 | £185,000 | 38 |
Zoom out to the full NG5 district report for the type split, monthly volumes and how NG5 compares with its neighbours.
Before you sell in NG5 3: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NG5 3, open the average prices map and zoom from the NG5 3 shading down to the sold homes on your own street. Every recorded NG5 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NG5 3.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NG5 3. Free, with a one click sign in.
Two maps carry on from here: every NG5 3 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.