Key indicators for buyers
The NG7 market looks favourable for buyers. Prices have softened (-20.5%), 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 £182,750 with a 25% deposit (£46k), a 2-year fixed mortgage at 3.97% costs around £721 per month.
Monthly cost comparison based on current data
Uses NG7 avg. price with City of Nottingham rental data
Monthly mortgage payments (£721) are £285 less than renting (£1,006). However, buying requires an upfront deposit of £46k — 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 |
|---|---|---|---|
18, METTHAM STREET NG7 1SH | Terraced | £217,500 | 23 Jan 2026 |
57, MONTPELIER ROAD NG7 2JY | Terraced | £73,000 | 21 Jan 2026 |
19, HAZELMERE GROVE, LENTON NG7 2EH | Terraced | £217,500 | 16 Jan 2026 |
59, COLEBY AVENUE, LENTON NG7 2NF | Semi-detached | £172,500 | 16 Jan 2026 |
155, FORSTER STREET NG7 3DH | Terraced | £136,000 | 16 Jan 2026 |
27, GOODLIFFE STREET NG7 6FZ | Terraced | £153,000 | 16 Jan 2026 |
23, TONNELIER ROAD NG7 2RW | Flat/Maisonette |
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 NG7 sold for £182,750 in 2026, with a median of £156,500 across 16 transactions. Prices fell 20.5% compared to the previous year.
| £128,000 |
| 16 Jan 2026 |
7, EGYPT ROAD NG7 7GD | Terraced | £145,000 | 13 Jan 2026 |
17, ELAND STREET NG7 7DZ | Terraced | £144,000 | 13 Jan 2026 |
171, GLADSTONE STREET NG7 6HX | Terraced | £180,000 | 9 Jan 2026 |
26, LAURIE AVENUE NG7 6PN | Terraced | £150,000 | 8 Jan 2026 |
89, EWART ROAD NG7 6HE | Other | £122,000 | 7 Jan 2026 |
APARTMENT 1, 12, ASHBURNHAM AVENUE NG7 1QD | Flat/Maisonette | £160,500 | 7 Jan 2026 |
25, GOODLIFFE STREET NG7 6FZ | Terraced | £160,000 | 6 Jan 2026 |
193, HARRINGTON DRIVE NG7 1JJ | Terraced | £250,000 | 6 Jan 2026 |
31, TATTERSHALL DRIVE NG7 1AD | Semi-detached | £515,000 | 6 Jan 2026 |
35, WALLAN STREET NG7 5ND | Terraced | £120,000 | 19 Dec 2025 |
194, RUSSELL ROAD NG7 6GW | Terraced | £147,000 | 19 Dec 2025 |
APARTMENT 6H, PARK ROCK, CASTLE BOULEVARD NG7 1RU | Flat/Maisonette | £220,000 | 19 Dec 2025 |
51, CEDAR ROAD NG7 6NS | Terraced | £140,000 | 19 Dec 2025 |
The most recent recorded sale in NG7 was a terraced property on Mettham Street for £217,500 in January 2026. Across the last 20 sales, the median price was £153,000.