Key indicators for buyers
The NG90 market is moderately 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
The average property in NG90 sold for £68,591,328 in 2015, with a median of £68,591,328 across 1 transactions.
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 £68,591,328 with a 25% deposit (£17.1M), a 2-year fixed mortgage at 3.97% costs around £270,686 per month.
Monthly cost comparison based on current data
Uses NG90 avg. price with City of Nottingham rental data
Monthly mortgage payments (£270,686) are £269,680 more than renting (£1,006). However, buying requires an upfront deposit of £17.1M — it would take around 1428986 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
D90 HEAD OFFICE, BOOTS THE CHEMISTS LTD, THANE ROAD NG90 1BS | Other | £68,591,328 | 31 Mar 2015 |
The most recent recorded sale in NG90 was a other property on Thane Road for £68,591,328 in March 2015. Across the last 1 sales, the median price was £68,591,328.
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.