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Nottingham city centre market report NG2, Nottingham
The standing NG2 (Nottingham city centre) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 33,609 sales registered with HM Land Registry in NG2 (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 July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for NG2 (Nottingham) is £311,800, from 268 registered sales, up 7% on five years earlier; the mean is £342,900, and by floor area homes here have averaged about £3,500 per square metre over the last five years. Behind the figures sit 33,609 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NG2 is a postcode district covering Nottingham city centre, Colwick Park, Sneinton in Nottingham. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NG2 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 buyers actually paid in NG2
The 2026 median for NG2 is £311,800, taken from 268 registered sales. The mean, which is what most sites call the "average house price", is £342,900, somewhat above it, as happens wherever a market carries an expensive tail.
NG2 prices by floor area
Averaged across five years of sales, floor space in NG2 costs about £3,500 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving NG2 9% above the national figure.
NG2's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £311,800 | £311,800 | 268 |
| 2025 | £322,500 | £330,212 | 779 |
| 2024 | £307,500 | £326,936 | 734 |
| 2023 | £292,000 | £320,837 | 677 |
| 2022 | £291,200 | £341,465 | 890 |
| 2021 | £292,000 | £369,710 | 1,067 |
| 2020 | £275,000 | £356,818 | 769 |
| 2019 | £230,000 | £301,475 | 932 |
| 2018 | £240,000 | £319,925 | 877 |
| 2017 | £241,400 | £329,245 | 926 |
| 2016 | £233,200 | £326,249 | 967 |
| 2015 | £195,000 | £275,535 | 995 |
| 2014 | £176,200 | £249,970 | 960 |
| 2013 | £185,500 | £266,916 | 860 |
| 2012 | £190,000 | £279,656 | 773 |
| 2011 | £179,000 | £270,221 | 797 |
| 2010 | £187,000 | £293,264 | 730 |
| 2009 | £180,000 | £289,352 | 840 |
| 2008 | £157,800 | £258,668 | 662 |
| 2007 | £170,000 | £288,367 | 1,435 |
| 2006 | £164,500 | £285,551 | 1,601 |
| 2005 | £165,000 | £293,634 | 1,225 |
| 2004 | £152,000 | £276,062 | 1,439 |
| 2003 | £137,000 | £252,387 | 1,391 |
| 2002 | £109,000 | £205,083 | 1,604 |
| 2001 | £94,000 | £180,710 | 1,636 |
| 2000 | £85,000 | £166,813 | 1,275 |
| 1999 | £79,000 | £157,443 | 1,424 |
| 1998 | £69,500 | £140,291 | 1,354 |
| 1997 | £65,200 | £133,712 | 1,508 |
| 1996 | £62,600 | £132,021 | 1,226 |
| 1995 | £58,900 | £128,040 | 988 |
In cash terms the typical NG2 home went from £58,900 in 1995 to £311,800 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 144%, a genuine increase in what a home here costs. The real-terms peak came in 2021, and today's median remains roughly 16% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NG2 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 2003 (+25.7% on the year before); the weakest, 2008 (−7.2%). 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 terraced homes dominate the record here, 30% of the typed total. A detached home currently trades at £485,000 against £161,000 for a flat, 3.0 times the price.
Median by property type, NG2
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 | £485,000 | 81 | 9,411 |
| Semi-detached | £347,500 | 62 | 9,241 |
| Terraced | £235,000 | 90 | 10,077 |
| Flats | £161,000 | 35 | 4,880 |
What NG2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.3% | −5.6% |
| 5 years (since 2021) | +1.3% | −3.3% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +3.2% | +0.4% |
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.
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 last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 601 NG2 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 1,451 sales a year before the financial crisis and 670 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 homes rent for around NG2
NG2 falls under Rushcliffe, where the ONS puts the average private rent at £1,033 a month (May 2026 figures). The spread runs from £714 a month for a typical one-bed to £1,545 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Rushcliffe
ONS Price Index of Private Rents, May 2026.
Set against the £311,800 median sold price, £1,033 a month is £12,396 a year, a gross yield of 4.0%: 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.
The shape of the NG2 market
Among the 29 measurable districts of its area, NG2 ranks 6 by median price: firmly in the dearer tier.
What people ask about NG2 (Nottingham city centre)
Is NG2 (Nottingham city centre) a good place to buy a house?
How much did a house sell for in NG2 (Nottingham city centre)?
Are property prices falling in NG2 (Nottingham city centre)?
Will NG2 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 7% over five years in cash but down 16% 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.
NG2's current homes for sale
Everything above is what homes in NG2 sold for. This is what you could actually buy today: 154 homes currently on the market from 9 agents publishing to HomesIndex, at a typical asking price 26% below the NG2 median sold price.
Of everything listed here, 33% asks less than the sold record of comparable homes. 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
"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 →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: NG prices by size
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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NG2 ranks 19 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.
NG area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside NG2, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG2 1 | £189,000 | 7 |
| NG2 2 | £202,500 | 20 |
| 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 |
How NG2 compares nearby
Same city, different markets. The neighbouring districts of the NG area, dearest first:
| 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 (this report) | £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% |
| NG17 | £175,000 | +10% |
Selling in NG2? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NG2, open the average prices map and zoom from the NG2 shading down to the sold homes on your own street. Every recorded NG2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NG2.
Take it further
Behind the answers sits the same Land Registry record as this page, with NG2 already set as the subject. Free, one click sign in.
See every individual NG2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.
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.