Local market reports › NG area › NG2 › NG2 2
Nottingham city centre market report NG2 2, Nottingham
The standing NG2 2 (Nottingham city centre) property market report, rebuilt from the full public record every month. The raw material for this page is 2,698 HM Land Registry entries for NG2 2 (Nottingham), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NG2 2 (Nottingham) sold for £202,500 in 2026, the median of 20 registered sales, up 7% on five years earlier. The mean was £213,000, and by floor area homes here have averaged about £2,410 per square metre over the last five years. The figures cover 2,698 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NG2 2 is one sector of NG2 (Nottingham): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NG2 2 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 NG2 2 prices, from the sold record
Take the 20 registered 2026 sales in NG2 2 and the middle price, the median, is £202,500. The mean lands at £213,000, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in NG2 2
The last five years of sales put NG2 2 at roughly £2,410 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, NG2 2 sits 29% below the national market.
NG2 2's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £202,500 | £202,500 | 20 |
| 2025 | £210,000 | £215,022 | 62 |
| 2024 | £202,000 | £214,767 | 56 |
| 2023 | £196,500 | £215,906 | 43 |
| 2022 | £220,000 | £257,975 | 87 |
| 2021 | £188,500 | £238,665 | 78 |
| 2020 | £155,000 | £201,116 | 68 |
| 2019 | £163,000 | £213,654 | 92 |
| 2018 | £153,800 | £205,018 | 80 |
| 2017 | £129,200 | £176,216 | 60 |
| 2016 | £123,000 | £172,078 | 63 |
| 2015 | £119,200 | £168,430 | 118 |
| 2014 | £101,500 | £143,995 | 79 |
| 2013 | £95,000 | £136,696 | 55 |
| 2012 | £100,000 | £147,188 | 65 |
| 2011 | £90,000 | £135,865 | 67 |
| 2010 | £96,500 | £151,337 | 69 |
| 2009 | £85,000 | £136,638 | 42 |
| 2008 | £95,000 | £155,725 | 66 |
| 2007 | £95,000 | £161,146 | 114 |
| 2006 | £90,000 | £156,229 | 130 |
| 2005 | £90,000 | £160,164 | 110 |
| 2004 | £87,200 | £158,372 | 138 |
| 2003 | £78,000 | £143,695 | 113 |
| 2002 | £57,000 | £107,245 | 138 |
| 2001 | £39,000 | £74,976 | 139 |
| 2000 | £37,000 | £72,613 | 105 |
| 1999 | £35,500 | £70,750 | 100 |
| 1998 | £36,500 | £73,678 | 87 |
| 1997 | £34,000 | £69,727 | 95 |
| 1996 | £32,000 | £67,487 | 84 |
| 1995 | £34,000 | £73,911 | 75 |
In cash terms the typical NG2 2 home went from £34,000 in 1995 to £202,500 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 174%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 22% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NG2 2 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 2002 (+46.2% on the year before); the weakest, 2023 (−10.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.6% | −5.8% |
| 5 years (since 2021) | +1.4% | −3.2% |
| 10 years (since 2016) | +5.1% | +1.6% |
| 20 years (since 2006) | +4.1% | +1.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
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.
Over the last twelve months of data, 20 sales completed in NG2 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 123 sales a year before the financial crisis and 54 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of NG2 2
For renting purposes NG2 2 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.
Set against the £202,500 median sold price, £1,006 a month is £12,072 a year, a gross yield of 6.0%: 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.
Reading the NG2 2 market
This is a thin market: 20 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. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within NG2, this sector trades 35% below the district median: one of its district's cheaper corners.
Common questions on NG2 2 (Nottingham city centre)
Are property prices falling in NG2 2 (Nottingham city centre)?
Is NG2 2 (Nottingham city centre) a good place to buy a house?
How much did a house sell for in NG2 2 (Nottingham city centre)?
What happens to NG2 2 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 7% over five years in cash but down 15% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What you could buy in NG2 now
Turning to what is actually available: 154 homes on the market right now, from 9 agents publishing to HomesIndex.
These cover the whole NG2 district, not just NG2 2: live asking prices are collected per district.
33% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Elterwater Drive, Gamston, Nottingham...
- Swindale Close, Nottingham, NG2, Nottingham
- Queens Road, Nottingham
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NG2 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.
What another bedroom costs in NG
Real sold prices by size across the NG area, straight 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NG area is the point: the same five years treated these districts very differently.
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.
Other sectors in NG2
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NG2, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG2 1 | £189,000 | 7 |
| NG2 3 | £161,000 | 11 |
| NG2 4 | £170,000 | 33 |
| NG2 5 | £402,500 | 36 |
| NG2 6 | £311,200 | 68 |
| NG2 7 | £390,000 | 93 |
Zoom out to the full NG2 district report for the type split, monthly volumes and how NG2 compares with its neighbours.
Selling a home in NG2 2? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NG2 2'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.
Estate agents working NG2 2: the featured spot on this report is free for founding agents, one per district. Claim NG2 2.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to NG2 2. Free after a one click sign in.
Two maps carry on from here: every NG2 2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.