Local market reports › NG area › NG2 › NG2 4
Nottingham city centre market report NG2 4, Nottingham
The NG2 4 (Nottingham city centre) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 5,154 HM Land Registry entries for NG2 4 (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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 33 registered 2026 sales put the NG2 4 (Nottingham) median at £170,000, up 11% on five years earlier, with a mean of £183,300, and by floor area homes here have averaged about £2,270 per square metre over the last five years. Everything rests on 5,154 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
A postcode sector like NG2 4 is a single group of streets within NG2 (Nottingham), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NG2 4 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.
What a home in NG2 4 sells for
In the NG2 4 property market, the 2026 median sale price is £170,000, from 33 registered sales; the mean, the "average house price" most sites quote, is £183,300, sitting modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in NG2 4
By floor space, homes in NG2 4 have sold for about £2,270 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Set against the £285,000 England and Wales median, NG2 4 sits 40% below the national market.
The price of a typical NG2 4 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 | £170,000 | £170,000 | 33 |
| 2025 | £160,000 | £163,826 | 101 |
| 2024 | £161,500 | £171,708 | 100 |
| 2023 | £167,300 | £183,822 | 116 |
| 2022 | £157,200 | £184,335 | 136 |
| 2021 | £152,600 | £193,211 | 142 |
| 2020 | £131,200 | £170,235 | 108 |
| 2019 | £118,000 | £154,670 | 130 |
| 2018 | £105,000 | £139,967 | 151 |
| 2017 | £101,000 | £137,754 | 159 |
| 2016 | £87,000 | £121,714 | 141 |
| 2015 | £86,000 | £121,518 | 135 |
| 2014 | £81,500 | £115,622 | 126 |
| 2013 | £74,200 | £106,766 | 100 |
| 2012 | £75,000 | £110,391 | 82 |
| 2011 | £72,500 | £109,447 | 101 |
| 2010 | £70,000 | £109,778 | 91 |
| 2009 | £77,500 | £124,582 | 83 |
| 2008 | £90,000 | £147,529 | 131 |
| 2007 | £90,000 | £152,665 | 247 |
| 2006 | £89,700 | £155,708 | 220 |
| 2005 | £89,000 | £158,384 | 190 |
| 2004 | £84,000 | £152,560 | 268 |
| 2003 | £72,000 | £132,641 | 285 |
| 2002 | £55,000 | £103,482 | 346 |
| 2001 | £35,000 | £67,286 | 318 |
| 2000 | £30,000 | £58,875 | 233 |
| 1999 | £31,500 | £62,778 | 182 |
| 1998 | £31,600 | £63,787 | 213 |
| 1997 | £31,000 | £63,575 | 192 |
| 1996 | £29,000 | £61,160 | 149 |
| 1995 | £28,000 | £60,868 | 145 |
In cash terms the typical NG2 4 home went from £28,000 in 1995 to £170,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 179%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2021, and today's median remains roughly 12% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NG2 4 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 (+57.1% on the year before); the weakest, 2009 (−13.9%). 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) | +6.3% | +3.8% |
| 5 years (since 2021) | +2.2% | −2.5% |
| 10 years (since 2016) | +6.9% | +3.4% |
| 20 years (since 2006) | +3.2% | +0.4% |
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
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 33 NG2 4 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 263 sales a year before the financial crisis and 97 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.
What kind of market NG2 4 is
This is a thin market: 33 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. Against the NG2 district median, NG2 4 sits 45% lower, marking it as a cheaper pocket of the district.
The rental side of NG2 4
NG2 4 falls under Nottingham, where the ONS puts the average private rent at £1,006 a month (May 2026 figures). 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.
Against the £170,000 median purchase price, a rent of £1,006 a month (£12,072 a year) works out at a 7.1% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on NG2 4 (Nottingham city centre)
Is NG2 4 (Nottingham city centre) a good place to buy a house?
How much did a house sell for in NG2 4 (Nottingham city centre)?
Are property prices falling in NG2 4 (Nottingham city centre)?
What happens to NG2 4 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 11% over five years in cash but down 12% 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.
On the market in NG2 today
The live side of the market holds 154 homes at the moment, listed by 9 agents publishing to HomesIndex.
These cover the whole NG2 district, not just NG2 4: live asking prices are collected per district.
Of everything listed here, 33% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Elterwater Drive, Gamston, Nottingham...
- Swindale Close, Nottingham, NG2, Nottingham
- Queens Road, Nottingham
"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 NG2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in NG: the cost
What homes of each size actually sold for across the NG area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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
The spread across the NG area is the point: the same five years treated these districts very differently.
NG area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NG2
Sector boundaries hide real price steps. The rest of NG2, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG2 1 | £189,000 | 7 |
| NG2 2 | £202,500 | 20 |
| NG2 3 | £161,000 | 11 |
| 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 4? 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 4'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 4: the featured spot on this report is free for founding agents, one per district. Claim NG2 4.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NG2 4. Free after a one click sign in.
Two maps carry on from here: every NG2 4 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.
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.