Key indicators for buyers
The NG3 market is moderately favourable for buyers. Prices are rising at 13.6%, which may favour acting sooner rather than later. 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 £278,091 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,097 per month.
Monthly cost comparison based on current data
Uses NG3 avg. price with City of Nottingham rental data
Monthly mortgage payments (£1,097) are £91 more than renting (£1,006). However, buying requires an upfront deposit of £70k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, CORONATION ROAD NG3 5JN | Detached | £362,000 | 16 Jan 2026 |
FLAT 12, 31A, MAGDALA ROAD NG3 5DG | Flat/Maisonette | £144,000 | 15 Jan 2026 |
FLAT 2, RICHMOND COURT, 40, MAGDALA ROAD NG3 5DF | Flat/Maisonette | £190,000 | 15 Jan 2026 |
137, GREENWOOD ROAD NG3 7FS | Terraced | £175,000 | 14 Jan 2026 |
427, WESTDALE LANE, MAPPERLEY NG3 6DH | Detached | £565,000 | 13 Jan 2026 |
4, RADSTOCK ROAD NG3 2PS | Semi-detached | £190,000 | 9 Jan 2026 |
36, LEWIS CLOSE NG3 1NR | Terraced |
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 NG3 sold for £278,091 in 2026, with a median of £190,000 across 11 transactions. Prices rose 13.6% compared to the previous year.
| £180,000 |
| 9 Jan 2026 |
52, HOLLY GARDENS NG3 2PB | Detached | £210,000 | 9 Jan 2026 |
50, KENT ROAD NG3 6BE | Detached | £360,000 | 7 Jan 2026 |
12, PARK VIEW NG3 5FD | Terraced | £183,000 | 6 Jan 2026 |
40, LUCKNOW DRIVE NG3 5EU | Detached | £500,000 | 6 Jan 2026 |
12, HAZELBANK AVENUE NG3 3EY | Terraced | £149,000 | 23 Dec 2025 |
19, BRIARBANK WALK NG3 6NA | Terraced | £165,000 | 22 Dec 2025 |
3, SERLBY RISE NG3 2LS | Semi-detached | £75,000 | 22 Dec 2025 |
6, LINDEN PLACE NG3 5RB | Detached | £360,000 | 19 Dec 2025 |
1, PRIORY COURT, BLYTH STREET NG3 5JE | Flat/Maisonette | £125,000 | 19 Dec 2025 |
FLAT 4A, THE FLINTHAM, HINE HALL, MAPPERLEY NG3 5PQ | Flat/Maisonette | £223,500 | 19 Dec 2025 |
31A, MARSHALL ROAD NG3 6HS | Detached | £468,000 | 19 Dec 2025 |
8, CATTERLEY HILL ROAD NG3 7AR | Detached | £330,000 | 19 Dec 2025 |
36, GREENWOOD ROAD NG3 7EA | Semi-detached | £162,000 | 19 Dec 2025 |
The most recent recorded sale in NG3 was a detached property on Coronation Road for £362,000 in January 2026. Across the last 20 sales, the median price was £190,000.