Key indicators for buyers
The NG5 market looks favourable for buyers. Prices have softened (-5.4%), 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 £222,705 with a 25% deposit (£56k), a 2-year fixed mortgage at 3.97% costs around £879 per month.
Monthly cost comparison based on current data
Uses NG5 avg. price with City of Nottingham rental data
Monthly mortgage payments (£879) are £127 less than renting (£1,006). However, buying requires an upfront deposit of £56k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
13, FOX GROVE NG5 1JS | Terraced | £156,000 | 22 Jan 2026 |
16, WENSLEY ROAD, WOODTHORPE NG5 4JT | Detached | £320,000 | 21 Jan 2026 |
25, HENLEY RISE NG5 1FQ | Semi-detached | £266,500 | 20 Jan 2026 |
59, MANSFIELD ROAD, DAYBROOK NG5 6BE | Terraced | £275,000 | 16 Jan 2026 |
72, WIMBLEDON ROAD NG5 1GW | Semi-detached | £284,000 | 16 Jan 2026 |
61, BARENT WALK NG5 5LQ | Terraced | £150,000 | 16 Jan 2026 |
7, QUANTOCK CLOSE, ARNOLD NG5 9QA | Semi-detached |
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 NG5 sold for £222,705 in 2026, with a median of £222,500 across 22 transactions. Prices fell 5.4% compared to the previous year.
| £175,000 |
| 16 Jan 2026 |
9, CANONBIE CLOSE, ARNOLD NG5 8RA | Terraced | £186,000 | 12 Jan 2026 |
108, CALVERTON ROAD, ARNOLD NG5 8FS | Semi-detached | £195,000 | 9 Jan 2026 |
136, ST ALBANS ROAD, ARNOLD NG5 6GW | Semi-detached | £207,000 | 9 Jan 2026 |
69, RAVENSWOOD ROAD, ARNOLD NG5 7FY | Semi-detached | £250,000 | 9 Jan 2026 |
39, ST ALBANS ROAD, ARNOLD NG5 6JH | Terraced | £165,000 | 9 Jan 2026 |
2, ELLESMERE CLOSE, ARNOLD NG5 7NB | Terraced | £160,000 | 9 Jan 2026 |
8, MARDLING AVENUE NG5 5UG | Semi-detached | £230,000 | 9 Jan 2026 |
43, BROADWOOD ROAD NG5 5QB | Terraced | £168,000 | 8 Jan 2026 |
34, DRAYTON STREET NG5 2JR | Terraced | £215,000 | 8 Jan 2026 |
8, SYKE ROAD NG5 9BJ | Terraced | £265,000 | 7 Jan 2026 |
1, WORCESTER ROAD, WOODTHORPE NG5 4HW | Semi-detached | £280,000 | 6 Jan 2026 |
10, CROWTHORNE CLOSE NG5 5AP | Detached | £242,000 | 5 Jan 2026 |
10, RAMSDALE CRESCENT NG5 4DU | Semi-detached | £325,000 | 5 Jan 2026 |
The most recent recorded sale in NG5 was a terraced property on Fox Grove for £156,000 in January 2026. Across the last 20 sales, the median price was £230,000.