Nottingham property prices

The average property price in Nottingham postcode area is £199k. The average price increased by £6.1k (3%) over the last twelve months. The price of an established property is £195k. The price of a newly built property is £263k. There were 12.4k property sales and sales dropped by 32.6% (-6.9k transactions). Most properties were sold in the £100k-£150k price range with 3638 (29.4%) properties sold, followed by £150k-£200k price range with 2803 (22.7%) properties sold.

December 2019 - November 2020

Nottingham postcode area

England and Wales

£199k

average property price

£308k

average property price

3%

average price percentage change

4%

average price percentage change

£6.1k

average price change

£12.9k

average price change

Nottingham house prices map

This price map shows the average property price in a given postcode sector between December 2019 - November 2020. The most affordable place was 'NG18 1' with the average price of £73.3k. The most expensive place was 'NG12 4', £428k.

Nottingham house prices map

Nottingham house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between December 2019 - November 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Nottingham house prices compared to other areasAverage price percentage change
Average property price

Nottingham house price rank

With the average price of £199k, Nottingham is the 28. cheapest postcode area out of 105 England and Wales' postcode areas.

Nottingham house price rank

Nottingham property sales share by price range

shows a number of properties sold in a given price range between December 2019 - November 2020.

Nottingham property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.4%49
£50k-£100k12.0%1.5k
£100k-£150k29.4%3.6k
£150k-£200k22.7%2.8k
£200k-£250k13.2%1.6k
£250k-£300k8.9%1.1k
£300k-£400k7.9%976
£400k-£500k3.1%384
£500k-£750k2.0%245
£750k-£1M0.3%43
over £1M0.1%11

Nottingham cost comparison of new homes and older homes

December 2019 - November 2020

Nottingham cost comparison of new homes and older homes

£263k

A newly built property

£195k

An established property

Nottingham cost comparison of houses and flats

December 2019 - November 2020

Nottingham cost comparison of houses and flats

£296k

Detached

£127k

Flat

£173k

Semi-Detached

£134k

Terraced

Nottingham real house prices

Yearly average nominal house prices adjusted for inflation.

Nottingham real house prices

Nottingham house prices compared to England & Wales' house prices

Yearly average nominal prices

Nottingham house prices

Nottingham house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Nottingham house prices and nearby areas

Yearly average nominal prices

Nottingham house prices and nearby areas

Nottingham house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Nottingham house prices new vs established

Nottingham house prices by property type

Yearly average nominal prices

Nottingham house prices by property type

Nottingham house price to earnings ratio

The median property price to median earnings ratio is ranging between 5.6 in Ashfield and 7.9 in Rushcliffe. Ie. Ashfield resident with middle-income needs 5.6 gross annual salaries to buy a medium-priced property. Resident in Rushcliffe needs 7.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Nottingham house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Ashfield5.6
Nottingham5.6
Broxtowe5.8
Mansfield6
Gedling6.2
Newark and Sherwood7
South Kesteven7.4
England and Wales7.7
Rushcliffe7.9

Other reports for Nottingham postcode area

new home prices

property transactions

home energy certificates

home features

energy costs

crime statistics

population statistics

salary and unemployment

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