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NG15 local market report Nottingham

Every figure on this page comes from the public record: 25,886 sales registered with HM Land Registry in NG15 (Nottingham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

NG15 is the postcode district covering Hucknall, Ravenshead, Newstead in Nottingham. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where NG15 sits

Click the map to open NG15 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

NG6NG5NG18NG17NG16NG8NG3NG21NG4DE75DE7NG14DE55DE5NG25DE56NG15
£196,000median sold price, 2026
-7%five-year change (cash)
651sales in the last 12 months
4.8%gross rental yield (est.)

What a home in NG15 sells for

The 2026 median in NG15 is £196,000, from 167 registered sales; the mean, £232,800, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so NG15 trades 28% below the country as a whole.

The price of a typical NG15 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £45,500 at the time · £96,600 in today's money · 570 sales1996: £45,500 at the time · £93,716 in today's money · 664 sales1997: £48,000 at the time · £96,139 in today's money · 785 sales1998: £50,000 at the time · £98,571 in today's money · 702 sales1999: £52,500 at the time · £102,186 in today's money · 691 sales2000: £59,000 at the time · £113,083 in today's money · 889 sales2001: £60,000 at the time · £112,653 in today's money · 911 sales2002: £72,700 at the time · £133,590 in today's money · 954 sales2003: £92,000 at the time · £165,528 in today's money · 876 sales2004: £106,000 at the time · £188,021 in today's money · 901 sales2005: £115,000 at the time · £199,874 in today's money · 807 sales2006: £119,000 at the time · £201,744 in today's money · 903 sales2007: £125,000 at the time · £207,083 in today's money · 971 sales2008: £120,000 at the time · £192,111 in today's money · 500 sales2009: £120,000 at the time · £188,396 in today's money · 475 sales2010: £125,000 at the time · £191,454 in today's money · 650 sales2011: £134,000 at the time · £197,564 in today's money · 621 sales2012: £134,000 at the time · £192,625 in today's money · 601 sales2013: £133,000 at the time · £186,904 in today's money · 716 sales2014: £140,000 at the time · £193,976 in today's money · 882 sales2015: £144,500 at the time · £199,410 in today's money · 898 sales2016: £160,000 at the time · £218,614 in today's money · 1,279 sales2017: £165,000 at the time · £219,788 in today's money · 1,118 sales2018: £169,000 at the time · £220,019 in today's money · 939 sales2019: £175,000 at the time · £224,026 in today's money · 922 sales2020: £190,000 at the time · £240,771 in today's money · 867 sales2021: £210,000 at the time · £259,677 in today's money · 1,161 sales2022: £225,000 at the time · £257,676 in today's money · 991 sales2023: £230,000 at the time · £246,812 in today's money · 760 sales2024: £222,800 at the time · £231,350 in today's money · 906 sales2025: £225,000 at the time · £225,000 in today's money · 809 sales2026: £196,000 at the time · £196,000 in today's money · 167 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£196,000£196,000167
2025£225,000£225,000809
2024£222,800£231,350906
2023£230,000£246,812760
2022£225,000£257,676991
2021£210,000£259,6771,161
2020£190,000£240,771867
2019£175,000£224,026922
2018£169,000£220,019939
2017£165,000£219,7881,118
2016£160,000£218,6141,279
2015£144,500£199,410898
2014£140,000£193,976882
2013£133,000£186,904716
2012£134,000£192,625601
2011£134,000£197,564621
2010£125,000£191,454650
2009£120,000£188,396475
2008£120,000£192,111500
2007£125,000£207,083971
2006£119,000£201,744903
2005£115,000£199,874807
2004£106,000£188,021901
2003£92,000£165,528876
2002£72,700£133,590954
2001£60,000£112,653911
2000£59,000£113,083889
1999£52,500£102,186691
1998£50,000£98,571702
1997£48,000£96,139785
1996£45,500£93,716664
1995£45,500£96,600570

In cash terms the typical NG15 home went from £45,500 in 1995 to £196,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 103%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 25% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the NG15 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +0.0% on the year before1997 · +5.5% on the year before1998 · +4.2% on the year before1999 · +5.0% on the year before2000 · +12.4% on the year before2001 · +1.7% on the year before2002 · +21.2% on the year before2003 · +26.5% on the year before2004 · +15.2% on the year before2005 · +8.5% on the year before2006 · +3.5% on the year before2007 · +5.0% on the year before2008 · −4.0% on the year before2009 · +0.0% on the year before2010 · +4.2% on the year before2011 · +7.2% on the year before2012 · +0.0% on the year before2013 · −0.7% on the year before2014 · +5.3% on the year before2015 · +3.2% on the year before2016 · +10.7% on the year before2017 · +3.1% on the year before2018 · +2.4% on the year before2019 · +3.6% on the year before2020 · +8.6% on the year before2021 · +10.5% on the year before2022 · +7.1% on the year before2023 · +2.2% on the year before2024 · −3.1% on the year before2025 · +1.0% on the year before2026 · −12.9% on the year before200020052010201520202026

The strongest year on record here is 2003 (+26.5% on the year before); the weakest, 2026 (−12.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−12.9%−12.9%
5 years (since 2021)−1.4%−5.5%
10 years (since 2016)+2.1%−1.1%
20 years (since 2006)+2.5%−0.1%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

1,0002,000 1995: 570 sales1996: 664 sales1997: 785 sales1998: 702 sales1999: 691 sales2000: 889 sales2001: 911 sales2002: 954 sales2003: 876 sales2004: 901 sales2005: 807 sales2006: 903 sales2007: 971 sales2008: 500 sales2009: 475 sales2010: 650 sales2011: 621 sales2012: 601 sales2013: 716 sales2014: 882 sales2015: 898 sales2016: 1,279 sales2017: 1,118 sales2018: 939 sales2019: 922 sales2020: 867 sales2021: 1,161 sales2022: 991 sales2023: 760 sales2024: 906 sales2025: 809 sales2026: 167 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

100200 June 2021 · 136 sales registeredJuly 2021 · 80 sales registeredAugust 2021 · 83 sales registeredSeptember 2021 · 130 sales registeredOctober 2021 · 55 sales registeredNovember 2021 · 74 sales registeredDecember 2021 · 79 sales registeredJanuary 2022 · 58 sales registeredFebruary 2022 · 75 sales registeredMarch 2022 · 73 sales registeredApril 2022 · 77 sales registeredMay 2022 · 81 sales registeredJune 2022 · 96 sales registeredJuly 2022 · 79 sales registeredAugust 2022 · 88 sales registeredSeptember 2022 · 100 sales registeredOctober 2022 · 80 sales registeredNovember 2022 · 93 sales registeredDecember 2022 · 91 sales registeredJanuary 2023 · 62 sales registeredFebruary 2023 · 54 sales registeredMarch 2023 · 71 sales registeredApril 2023 · 46 sales registeredMay 2023 · 59 sales registeredJune 2023 · 72 sales registeredJuly 2023 · 69 sales registeredAugust 2023 · 78 sales registeredSeptember 2023 · 60 sales registeredOctober 2023 · 68 sales registeredNovember 2023 · 54 sales registeredDecember 2023 · 67 sales registeredJanuary 2024 · 61 sales registeredFebruary 2024 · 63 sales registeredMarch 2024 · 56 sales registeredApril 2024 · 72 sales registeredMay 2024 · 72 sales registeredJune 2024 · 96 sales registeredJuly 2024 · 64 sales registeredAugust 2024 · 86 sales registeredSeptember 2024 · 66 sales registeredOctober 2024 · 81 sales registeredNovember 2024 · 90 sales registeredDecember 2024 · 99 sales registeredJanuary 2025 · 53 sales registeredFebruary 2025 · 48 sales registeredMarch 2025 · 125 sales registeredApril 2025 · 35 sales registeredMay 2025 · 64 sales registeredJune 2025 · 70 sales registeredJuly 2025 · 83 sales registeredAugust 2025 · 66 sales registeredSeptember 2025 · 73 sales registeredOctober 2025 · 73 sales registeredNovember 2025 · 59 sales registeredDecember 2025 · 60 sales registeredJanuary 2026 · 39 sales registeredFebruary 2026 · 32 sales registeredMarch 2026 · 42 sales registeredApril 2026 · 42 sales registeredMay 2026 · 12 sales registered

NG15 recorded 651 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 727 sales a year recently, against 902 a year before 2008. 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 homes rent for around NG15

NG15 falls under Ashfield, where the ONS puts the average private rent at £785 a month (May 2026 figures). A one-bed averages £552 a month here and a four-or-more-bed £1,180, so size does most of the work in setting the rent.

Average monthly rent by size, Ashfield

ONS Price Index of Private Rents, May 2026.

1 bed: £552 a month£5521 bed2 bed: £715 a month£7152 bed3 bed: £835 a month£8353 bed4+ bed: £1,180 a month£1,1804+ bed

Set against the £196,000 median sold price, £785 a month is £9,420 a year, a gross yield of 4.8%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will NG15 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 7% over five years in cash but down 25% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

NG15 ranks 28 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.

NG8NG8 · +24% over five years · median £242,500+24%NG16NG16 · +20% over five years · median £220,000+20%NG5NG5 · +19% over five years · median £215,000+19%NG31NG31 · +17% over five years · median £205,000+17%NG7NG7 · +16% over five years · median £180,000+16%NG12NG12 · +1% over five years · median £303,500+1%NG13NG13 · −3% over five years · median £288,500−3%NG33NG33 · −4% over five years · median £285,000−4%NG15NG15 · −7% over five years · median £196,000−7%NG18NG18 · −13% over five years · median £157,500−13%

Inside NG15, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
NG15 0£176,20012
NG15 6£215,00060
NG15 7£170,00061
NG15 8£260,00019
NG15 9£385,00015

How NG15 compares nearby

Same city, different markets. The neighbouring districts of the NG area, dearest first:

DistrictMedian5-year
NG25£363,000+5%
NG23£353,500+10%
NG32£350,000+14%
NG12£303,500+1%
NG2£298,500+9%
NG14£290,000+5%
NG13£288,500-3%
NG33£285,000-4%
NG9£250,000+9%
NG8£242,500+24%
NG11£239,200+9%
NG16£220,000+20%
NG5£215,000+19%
NG24£215,000+10%
NG34£214,500+5%
NG4£209,500+10%
NG10£209,000+13%
NG22£207,500+9%
NG3£205,000+10%
NG31£205,000+17%
NG1£200,000+8%
NG21£200,000+9%
NG15 (this report)£196,000-7%
NG7£180,000+16%

Dig further

See every individual NG15 sale on the live map, mapped to the exact address, or the quick-reference NG15 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.