Key indicators for buyers
The NG1 market looks favourable for buyers. Prices have softened (-47.0%), which could present a buying opportunity. 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.
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 City of Nottingham area
A home in City of Nottingham costs 5.7x the local median salary — moderate, improving from a peak of 6.3x in 2023.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider City of Nottingham area
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of Nottingham price of £172,667 with a 25% deposit (£43k), a 2-year fixed mortgage at 3.97% costs around £681 per month.
Monthly cost comparison based on current data
Uses NG1 avg. price with City of Nottingham rental data
Monthly mortgage payments (£681) are £325 less than renting (£1,006). However, buying requires an upfront deposit of £43k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
30, BLUECOAT CLOSE NG1 4DP | Terraced | £233,000 | 27 Jan 2026 |
APARTMENT 27, GEORGE STREET TRADING HOUSE, GEORGE STREET NG1 3BU | Flat/Maisonette | £80,000 | 19 Jan 2026 |
9, MATLOCK COURT NG1 4DT | Terraced | £205,000 | 5 Jan 2026 |
14, MATLOCK COURT NG1 4DT | Terraced | £160,000 | 19 Dec 2025 |
APARTMENT 204, PARKGATE, UPPER COLLEGE STREET NG1 5AP | Flat/Maisonette | £152,500 | 18 Dec 2025 |
24, BLUECOAT CLOSE NG1 4DP | Terraced | £196,000 | 11 Dec 2025 |
FLAT 40, REGENT COURT, DERBY STREET NG1 5FF |
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 NG1 sold for £172,667 in 2026, with a median of £205,000 across 3 transactions. Prices fell 47.0% compared to the previous year.
| Flat/Maisonette |
| £89,100 |
| 5 Dec 2025 |
APARTMENT 18, THE ESTABLISHMENT, 3, BROADWAY NG1 1PR | Flat/Maisonette | £160,000 | 5 Dec 2025 |
APARTMENT 18, 1A, HOLLOWSTONE NG1 1JH | Flat/Maisonette | £210,000 | 4 Dec 2025 |
APARTMENT 13, WEEKDAY CROSS BUILDING, 7, WEEKDAY CROSS NG1 2GB | Flat/Maisonette | £127,000 | 2 Dec 2025 |
APARTMENT 46, CYMBELINE HOUSE, 26, SHAKESPEARE STREET NG1 4FQ | Flat/Maisonette | £56,000 | 28 Nov 2025 |
19, THE ICE HOUSE, BELWARD STREET NG1 1JW | Flat/Maisonette | £55,000 | 27 Nov 2025 |
FLAT 2, REGENT COURT, DERBY STREET NG1 5FF | Flat/Maisonette | £105,000 | 20 Nov 2025 |
37, PARK VIEW COURT NG1 1DD | Terraced | £90,000 | 18 Nov 2025 |
30, BROAD STREET NG1 3AN | Semi-detached | £95,000 | 17 Nov 2025 |
FLAT 316, MAID MARIAN HOUSE, 56, HOUNDS GATE NG1 6BH | Flat/Maisonette | £37,750 | 14 Nov 2025 |
APARTMENT 117, PARKGATE, UPPER COLLEGE STREET NG1 5AP | Flat/Maisonette | £190,000 | 13 Nov 2025 |
APARTMENT 27, 111, THE ROPEWALK NG1 5DJ | Flat/Maisonette | £172,500 | 7 Nov 2025 |
APARTMENT 24, BROADWAY HOUSE, 32, STONEY STREET NG1 1LL | Flat/Maisonette | £175,000 | 30 Oct 2025 |
FLAT 21, ROYAL STANDARD HOUSE, STANDARD HILL NG1 6FX | Flat/Maisonette | £350,000 | 28 Oct 2025 |
The most recent recorded sale in NG1 was a terraced property on Bluecoat Close for £233,000 in January 2026. Across the last 20 sales, the median price was £160,000.