Nottingham property prices

The average property price in Nottingham postcode area is £228k. The average price increased by £5.5k (2%) over the last twelve months. The price of an established property is £228k. The price of a newly built property is £252k. There were 15.3k property sales and sales dropped by 18.1% (-3.7k transactions). Most properties were sold in the £150k-£200k price range with 3811 (24.9%) properties sold, followed by £100k-£150k price range with 3465 (22.7%) properties sold.

June 2021 - May 2022

Nottingham postcode area

England and Wales

£228k

average property price

£341k

average property price

2%

average price percentage change

2%

average price percentage change

£5.5k

average price change

£7.4k

average price change

Nottingham house prices map

This price map shows the average property price in a given postcode sector between June 2021 - May 2022. The most affordable place was 'NG18 1' with the average price of £89.0k. The most expensive place was 'NG12 4', £476k.

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 June 2021 - May 2022 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 £228k, Nottingham is the 29. 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 June 2021 - May 2022.

Nottingham property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.2%33
£50k-£100k7.2%1.1k
£100k-£150k22.7%3.5k
£150k-£200k24.9%3.8k
£200k-£250k15.8%2.4k
£250k-£300k10.5%1.6k
£300k-£400k10.3%1.6k
£400k-£500k4.3%656
£500k-£750k3.0%458
£750k-£1M0.8%123
over £1M0.3%51

Nottingham cost comparison of new homes and older homes

June 2021 - May 2022

Nottingham cost comparison of new homes and older homes

£252k

A newly built property

£228k

An established property

Nottingham cost comparison of houses and flats

June 2021 - May 2022

Nottingham cost comparison of houses and flats

£339k

Detached

£138k

Flat

£198k

Semi-Detached

£155k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Nottingham real house prices

Yearly average nominal house prices adjusted for inflation.

Nottingham real house prices

Nottingham house prices

Yearly average nominal prices compared to England & Wales' house prices

Nottingham house prices

Nottingham house prices per square metre

Yearly average nominal price per square metre compared to England & Wales' house prices

Nottingham house prices per square metre

Nottingham house prices and nearby areas

Yearly average nominal prices

Nottingham house prices and nearby areas

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 5.5 in Ashfield and 8 in South Kesteven. Ie. Ashfield resident with middle-income needs 5.5 gross annual salaries to buy a medium-priced property. Resident in South Kesteven needs 8 annual salaries. The England and Wales ratio was 7.69 in 2020.
Nottingham house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Ashfield5.5
Mansfield5.8
Nottingham5.8
Newark and Sherwood5.9
Broxtowe6
Gedling6.4
England and Wales7.69
Rushcliffe7.9
South Kesteven8

Other reports for Nottingham postcode area

house prices per square metre

new home prices

property transactions

home energy certificates

population statistics

salary and unemployment

energy costs

crime statistics

home features

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