Key indicators for buyers
The NG8 market looks favourable for buyers. 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 £255,893 with a 25% deposit (£64k), a 2-year fixed mortgage at 3.97% costs around £1,010 per month.
Monthly cost comparison based on current data
Uses NG8 avg. price with City of Nottingham rental data
Monthly mortgage payments (£1,010) are £4 more than renting (£1,006). However, buying requires an upfront deposit of £64k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
34, RUNSWICK DRIVE NG8 1JD | Detached | £358,000 | 27 Jan 2026 |
42, DORKET DRIVE NG8 1AD | Semi-detached | £308,000 | 21 Jan 2026 |
102, RADFORD BRIDGE ROAD NG8 3LN | Semi-detached | £220,000 | 16 Jan 2026 |
33, WHITWELL ROAD NG8 6JR | Terraced | £110,000 | 14 Jan 2026 |
138, ELTHAM DRIVE NG8 6BQ | Semi-detached | £198,000 | 13 Jan 2026 |
92, WELSTEAD AVENUE NG8 5NS | Semi-detached | £142,000 | 12 Jan 2026 |
174, WILKINSON STREET NG8 5FJ | 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 NG8 sold for £255,893 in 2026, with a median of £235,250 across 14 transactions. Prices fell 0.1% compared to the previous year.
| £85,000 |
| 9 Jan 2026 |
27, FRANKLYN GARDENS NG8 3NZ | Detached | £290,000 | 9 Jan 2026 |
8, HOLLINGTON ROAD NG8 3HN | Semi-detached | £216,000 | 9 Jan 2026 |
95, RUNSWICK DRIVE NG8 1JF | Detached | £250,500 | 7 Jan 2026 |
6, SPRING GARDENS, STRELLEY NG8 4JN | Flat/Maisonette | £134,000 | 6 Jan 2026 |
18, HOUGHTON DRIVE NG8 6HG | Detached | £540,000 | 6 Jan 2026 |
17, MAPLEDENE CRESCENT NG8 2SS | Detached | £354,000 | 6 Jan 2026 |
4, MORELLO DRIVE NG8 3QF | Detached | £377,000 | 5 Jan 2026 |
7, HALIFAX COURT NG8 6PG | Detached | £350,000 | 19 Dec 2025 |
20, WHITEMOSS CLOSE NG8 2PJ | Semi-detached | £295,000 | 19 Dec 2025 |
113, GRASSINGTON ROAD NG8 3PE | Detached | £267,000 | 19 Dec 2025 |
12, LEDBURY VALE NG8 5QH | Semi-detached | £230,000 | 19 Dec 2025 |
50, RINGWOOD CRESCENT NG8 1HP | Detached | £140,000 | 19 Dec 2025 |
43, HOYLAKE CRESCENT NG8 4PW | Semi-detached | £245,000 | 19 Dec 2025 |
The most recent recorded sale in NG8 was a detached property on Runswick Drive for £358,000 in January 2026. Across the last 20 sales, the median price was £250,500.