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Nottingham House Prices Nottingham House Prices

The average house price in Nottingham is £224,468 using HM Land Registry data.

The average property price increased by £53,727 (29.93%) over the last 5 years and increased by £10,762 (4.84%) over the last 12 months.

Over the last year, there were 2,049 residential property sales – a decrease of 500 transactions (-24.40%) relative to the previous year. The majority of house sales (587) were in the £154,000 - £198,000 range. Then came properties in the £110,000 - £154,000 range, where 361 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 151 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,874 (-2%).

In January 2025, there were 547 new estate agency instructions, 331 agreed home sales and 301 property price reductions.

Neighbouring Areas: Hucknall, Arnold, Nuthall and Watnall, Carlton, West Bridgford, Beeston, Wilford

Postcodes Covered: NG1, NG2, NG3, NG4, NG5, NG6, NG7, NG8, NG9

5-Year Average Property Prices in Nottingham

29.93%

Property prices in Nottingham increased by 29.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Nottingham Over the Last Year

4.84%

Property prices in Nottingham increased by 4.84% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Nottingham - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Nottingham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Nottingham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Nottingham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Nottingham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Nottingham area since 1995.

Recent Property Sales in Nottingham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
166 Bilborough Road, Nottingham, City Of Nottingham, NG8 4DN£280,000£110,000-£170,00024 Sep 202423 Dec 202490 Days
5 Averton Square, Nottingham, City Of Nottingham, NG8 1AN£195,000£53,000-£142,00017 Aug 202013 Dec 20241579 Days
16 Tremayne Road, Nottingham, City Of Nottingham, NG8 4HQ£230,000£229,000-£1,00015 Jul 202411 Dec 2024149 Days
46 Henley Rise, Nottingham, City Of Nottingham, NG5 1FR£230,000£226,000-£4,00005 Sep 202410 Dec 202496 Days
185 Gordon Road, Thorneywood, Nottingham, City Of Nottingham, NG3 2LD£120,000£120,000£023 Feb 202409 Dec 2024290 Days
Flat 3, The Cranfield, Hine Hall, Mapperley, Nottingham, City Of Nottingham, NG3 5PF£120,000£120,000£005 Jul 202409 Dec 2024157 Days
1 Franklyn Gardens, Nottingham, City Of Nottingham, NG8 3NZ£360,000£355,000-£5,00019 Apr 202409 Dec 2024234 Days
58 Northcote Way, Nottingham, City Of Nottingham, NG6 9AU£85,000£83,000-£2,00022 May 202409 Dec 2024201 Days
54 Hartcroft Road, Nottingham, City Of Nottingham, NG5 5JN£170,000£169,000-£1,00009 Apr 202406 Dec 2024241 Days
151 Tenbury Crescent, Nottingham, City Of Nottingham, NG8 5HU£160,000£97,600-£62,40018 May 202306 Dec 2024568 Days
190 Bramcote Lane, Nottingham, City Of Nottingham, NG8 2QN£445,000£400,000-£45,00008 Jan 202406 Dec 2024333 Days
25 Longbeck Avenue, Nottingham, City Of Nottingham, NG3 6LT£189,950£185,000-£4,95015 Aug 202405 Dec 2024112 Days
10 Wollaton Paddocks, Nottingham, City Of Nottingham, NG8 2ED£335,000£335,000£030 Aug 202405 Dec 202497 Days
66 Kentwood Road, Nottingham, City Of Nottingham, NG2 4FP£140,000£140,000£006 Aug 202405 Dec 2024121 Days
21 Bracadale Road, Nottingham, City Of Nottingham, NG5 5ED£280,000£270,000-£10,00017 May 202403 Dec 2024200 Days
16 Cherry Wood Drive, Nottingham, City Of Nottingham, NG8 3NN£475,000£470,000-£5,00031 May 202402 Dec 2024185 Days
75 Bracknell Crescent, Nottingham, City Of Nottingham, NG8 5EW£190,000£180,000-£10,00008 May 202402 Dec 2024208 Days
10 Grangewood Court, Nottingham, City Of Nottingham, NG8 2PY£140,000£125,000-£15,00026 Feb 202402 Dec 2024280 Days
37 Tavistock Drive, Mapperley Park, Nottingham, City Of Nottingham, NG3 5DU£575,000£550,000-£25,00026 Jul 202429 Nov 2024126 Days
23 Roderick Street, Nottingham, City Of Nottingham, NG6 0BP£170,000£167,000-£3,00012 Jul 202429 Nov 2024140 Days

Most Expensive Streets in Nottingham

PostcodeStreetAreaAverageNo. of Sales
NG8 2APWollaton RoadNottingham£1,218,3333
NG7 1DTLenton RoadThe Park£959,5004
NG3 5ENArlington DriveNottingham£953,3336
NG1 5DNPark TerraceNottingham£924,65510
NG7 1BWHuntingdon DriveNottingham£851,1146
NG7 1BUClare ValleyNottingham£817,0005
NG7 1BJNewcastle CircusNottingham£782,7504
NG3 4JUSpringfield PasturesNottingham£748,5717
NG8 2NABramcote LaneNottingham£745,0004
NG7 1BACavendish Crescent NorthNottingham£736,6663

Least Expensive Streets in Nottingham

PostcodeStreetAreaAverageNo. of Sales
NG1 4AHShakespeare StreetNottingham£41,9993
NG1 6BHHounds GateNottingham£42,29011
NG1 3BWAvalon CourtKent Street, Nottingham£42,9374
NG1 1DEPark View CourtNottingham£49,26615
NG1 1DDPark View CourtNottingham£49,4688
NG1 6EPMinerva HouseSpaniel Row£50,7874
NG1 6BFMinerva HouseSpaniel Row£53,0006
NG5 2EGTavistock CourtNottingham£53,5003
NG3 5NFMapperley RoadNottingham£56,4005
NG3 4LNThe New Alexandra CourtWoodborough Road£62,1666

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