Key indicators for buyers
The NG16 market is moderately favourable for buyers. Prices are rising at 6.8%, which may favour acting sooner rather than later. Rising rents (£966/mo, +4.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Broxtowe area
A home in Broxtowe costs 7.7x the local median salary — moderate, improving from a peak of 8.2x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Broxtowe area
Average monthly rent in Broxtowe is £966, up 4.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Broxtowe price of £246,488 with a 25% deposit (£62k), a 2-year fixed mortgage at 3.97% costs around £973 per month.
Monthly cost comparison based on current data
Uses NG16 avg. price with Broxtowe rental data
Monthly mortgage payments (£973) are £7 more than renting (£966). However, buying requires an upfront deposit of £62k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
56, THREE TUNS ROAD, EASTWOOD NG16 3EJ | Other | £300,000 | 19 Jan 2026 |
6, VIOLET AVENUE, NEWTHORPE NG16 2BL | Detached | £200,000 | 16 Jan 2026 |
19, TROUGH ROAD, WATNALL NG16 1HQ | Detached | £460,000 | 16 Jan 2026 |
22, CHURCH LANE, UNDERWOOD NG16 5FS | Detached | £330,000 | 16 Jan 2026 |
17, NEWTHORPE COMMON, NEWTHORPE NG16 2BX | Detached | £305,000 | 16 Jan 2026 |
38, ASH CRESCENT, NUTHALL NG16 1FL | Terraced | £78,000 | 15 Jan 2026 |
39, CATKIN DRIVE, GILTBROOK NG16 2UB | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NG16 sold for £246,488 in 2026, with a median of £246,000 across 16 transactions. Prices rose 6.8% compared to the previous year.
| £230,000 |
| 13 Jan 2026 |
47, MAPLE WAY, SELSTON NG16 6FA | Detached | £280,000 | 12 Jan 2026 |
20, BOSWORTH DRIVE, NEWTHORPE NG16 3RF | Detached | £247,000 | 9 Jan 2026 |
60, WALKER STREET, EASTWOOD NG16 3EQ | Semi-detached | £128,800 | 9 Jan 2026 |
6, LAWRENCE AVENUE, AWSWORTH NG16 2SN | Terraced | £175,000 | 9 Jan 2026 |
38, HILLTOP RISE, NEWTHORPE NG16 2GD | Detached | £415,000 | 8 Jan 2026 |
6, DEVON CLOSE, NEWTHORPE NG16 2FH | Detached | £245,000 | 8 Jan 2026 |
44, GLENFIELD AVENUE, KIMBERLEY NG16 2HB | Detached | £250,000 | 8 Jan 2026 |
14, HOLLYHILL ROAD, SELSTON NG16 6EF | Semi-detached | £120,000 | 6 Jan 2026 |
33, VICTORIA STREET, KIMBERLEY NG16 2NH | Terraced | £180,000 | 6 Jan 2026 |
77, VICTORIA ROAD, SELSTON NG16 6AR | Semi-detached | £144,000 | 19 Dec 2025 |
63, OLD DERBY ROAD, EASTWOOD NG16 3SF | Terraced | £115,000 | 19 Dec 2025 |
22, HORSENDALE AVENUE, NUTHALL NG16 1AN | Detached | £330,000 | 19 Dec 2025 |
20, ENGINE LANE, NEWTHORPE NG16 3PX | Semi-detached | £185,000 | 19 Dec 2025 |
The most recent recorded sale in NG16 was a other property on Three Tuns Road for £300,000 in January 2026. Across the last 20 sales, the median price was £245,000.