Property Data OutlookCity of Nottingham
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for City of Nottingham
Key indicators for buyers
The City of Nottingham market looks favourable for buyers. Affordability has improved from a peak of 6.3x in 2023 to 5.7x today. Rising rents (£1,006/mo, +5.4%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in City of Nottingham costs 5.7x the local median salary — moderate, improving from a peak of 6.3x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in City of Nottingham is £1,006, up 5.4% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of Nottingham price of £194,208 with a 25% deposit (£49k), a 2-year fixed mortgage at 3.97% costs around £766 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£766) are £240 less than renting (£1,006). However, buying requires an upfront deposit of £49k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
34, RUNSWICK DRIVE NG8 1JD | Detached | £358,000 | 27 Jan 2026 |
30, BLUECOAT CLOSE NG1 4DP | Terraced | £233,000 | 27 Jan 2026 |
18, METTHAM STREET NG7 1SH | Terraced | £217,500 | 23 Jan 2026 |
2, WINDMILL VIEW NG2 4EE | Semi-detached | £180,000 | 23 Jan 2026 |
2, SCOTT CLOSE NG6 7AU | Semi-detached | £206,000 | 23 Jan 2026 |
84, WOODLAND AVENUE NG6 9BY | Semi-detached | £140,000 | 23 Jan 2026 |
13, FOX GROVE NG5 1JS | Terraced | £156,000 |
Explore postcodes in City of Nottingham
9postcode districts · Click for detailed prices
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.