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Nottingham city centre market report NG1, Nottingham
The NG1 (Nottingham city centre) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 6,160 sales recorded by HM Land Registry in NG1 (Nottingham) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NG1 (Nottingham) sold for £155,500 in 2026, the median of 34 registered sales, down 6% on five years earlier. The mean was £161,200, and by floor area homes here have averaged about £2,560 per square metre over the last five years. The figures cover 6,160 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
The postcode district NG1 covering Nottingham city centre sits in Nottingham. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where NG1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's NG1 prices, from the sold record
Across 34 registered 2026 sales, the typical (median) NG1 home went for £155,500. The mean is £161,200, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in NG1
A square metre of NG1 home has cost about £2,560 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
For scale: the England and Wales median is £285,000, so NG1 trades 45% below the country as a whole.
The price of a typical NG1 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £155,500 | £155,500 | 34 |
| 2025 | £150,000 | £153,587 | 83 |
| 2024 | £155,000 | £164,797 | 93 |
| 2023 | £165,000 | £181,295 | 73 |
| 2022 | £145,000 | £170,029 | 144 |
| 2021 | £165,000 | £208,911 | 130 |
| 2020 | £150,000 | £194,628 | 108 |
| 2019 | £135,000 | £176,953 | 171 |
| 2018 | £154,500 | £205,951 | 260 |
| 2017 | £148,500 | £202,539 | 190 |
| 2016 | £140,000 | £195,861 | 230 |
| 2015 | £125,000 | £176,625 | 257 |
| 2014 | £123,000 | £174,497 | 284 |
| 2013 | £100,000 | £143,890 | 195 |
| 2012 | £117,500 | £172,945 | 92 |
| 2011 | £124,500 | £187,947 | 104 |
| 2010 | £122,900 | £192,739 | 121 |
| 2009 | £135,000 | £217,014 | 79 |
| 2008 | £141,000 | £231,129 | 163 |
| 2007 | £152,000 | £257,834 | 428 |
| 2006 | £135,000 | £234,343 | 408 |
| 2005 | £125,000 | £222,450 | 433 |
| 2004 | £156,000 | £283,326 | 427 |
| 2003 | £151,000 | £278,179 | 523 |
| 2002 | £132,200 | £248,733 | 402 |
| 2001 | £128,200 | £246,458 | 285 |
| 2000 | £120,000 | £235,500 | 171 |
| 1999 | £125,000 | £249,118 | 82 |
| 1998 | £66,100 | £133,428 | 58 |
| 1997 | £57,000 | £116,896 | 51 |
| 1996 | £51,200 | £107,979 | 40 |
| 1995 | £55,000 | £119,562 | 41 |
In cash terms the typical NG1 home went from £55,000 in 1995 to £155,500 in 2026, roughly 2.8 times the price. Adjusted for inflation it still comes to a real rise of roughly 30%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2004, and today's median remains roughly 45% under it: a 2004 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NG1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1999 (+89.1% on the year before); the weakest, 2005 (−19.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 91% of the typed total. In 2018, the last year both were recorded here, a detached home traded at £452,000 against £152,500 for a flat, 3.0 times the price.
Median by property type, NG1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £452,000 (2018) | – | 48 |
| Semi-detached | £210,000 (2011) | – | 125 |
| Terraced | £168,500 (2025) | – | 370 |
| Flats | £152,500 | 30 | 5,541 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +3.7% | +1.2% |
| 5 years (since 2021) | −1.2% | −5.7% |
| 10 years (since 2016) | +1.1% | −2.3% |
| 20 years (since 2006) | +0.7% | −2.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in NG1
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 71 NG1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 385 sales a year before the financial crisis and 85 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What tenants pay around NG1
For renting purposes NG1 sits in Nottingham. The ONS average private rent there is £1,006 a month (May 2026). Size sets most of the rent: one-beds average £730 a month here against £1,452 for four or more bedrooms.
Average monthly rent by size, Nottingham
ONS Price Index of Private Rents, May 2026.
£1,006 a month is £12,072 a year, which against the £155,500 median sold price makes a gross yield of 7.8%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market NG1 is
This is a thin market: 71 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. NG1 is currently the cheapest district of its postcode area by median price, which cuts both ways: the lowest entry price, and the least priced-in expectation.
NG1 (Nottingham city centre): the questions that come up
Are property prices falling in NG1 (Nottingham city centre)?
Is NG1 (Nottingham city centre) a good place to buy a house?
How much did a house sell for in NG1 (Nottingham city centre)?
Will NG1 prices rise from here?
Prediction is not this page's business. Its business is the record, which says: the median is down 6% over five years in cash but down 26% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in NG1 now
Everything above is what homes in NG1 sold for. Turning to what is actually available: 109 homes on the market right now, from 12 agents publishing to HomesIndex, at a typical asking price 16% below the NG1 median sold price.
41% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NG1 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: NG prices by size
What homes of each size actually sold for across the NG area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £242,000 | £340,000 (+40%) | £500,000 (+47%) | £685,000 (+37%) |
| Semi-detached | £170,000 | £195,000 (+15%) | £235,000 (+21%) | £330,000 (+40%) | £462,500 (+40%) |
| Terraced | £154,000 | £165,000 (+7%) | £185,000 (+12%) | £250,000 (+35%) | £328,500 (+31%) |
| Flat | £118,800 | £151,000 (+27%) | £220,000 (+46%) | £397,500 (+81%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
NG1 ranks 29 of 29 in the NG area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, NG area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside NG1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG1 1 | £150,000 | 15 |
| NG1 3 | £90,000 | 2 |
| NG1 4 | £219,000 | 4 |
| NG1 5 | £158,000 | 10 |
| NG1 6 | £155,700 | 20 |
| NG1 7 | £67,000 | 3 |
How NG1 compares nearby
Same city, different markets. The dearest districts of the NG area, and NG1 itself, which ranks 29 of 29 by median price:
| District | Median | 5-year |
|---|---|---|
| NG25 | £379,000 | +7% |
| NG23 | £367,000 | +18% |
| NG32 | £328,000 | +10% |
| NG14 | £325,000 | +9% |
| NG12 | £320,000 | +6% |
| NG2 | £311,800 | +7% |
| NG13 | £298,000 | -1% |
| NG33 | £285,000 | -1% |
| NG9 | £260,000 | +8% |
| NG8 | £255,000 | +23% |
| NG11 | £239,200 | +4% |
| NG16 | £225,000 | +19% |
| NG5 | £221,000 | +21% |
| NG10 | £220,000 | +16% |
| NG31 | £220,000 | +22% |
| NG4 | £218,800 | +12% |
| NG34 | £215,500 | +3% |
| NG22 | £215,000 | +11% |
| NG3 | £214,500 | +7% |
| NG15 | £210,000 | -2% |
| NG24 | £210,000 | +2% |
| NG18 | £200,000 | +4% |
| NG21 | £200,000 | +8% |
| NG1 (this report) | £155,500 | -6% |
Selling in NG1? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NG1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NG1.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NG1. Free after a one click sign in.
The live map plots every individual NG1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.