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Carlton market report NG3, Nottingham
The NG3 (Carlton) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 23,542 HM Land Registry entries for NG3 (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 recorded to August 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release. Page updated 19 October 2026.
In short: 238 registered 2026 sales put the NG3 (Nottingham) median at £210,000, up 5% on five years earlier, with a mean of £247,800, and by floor area homes here have averaged about £2,680 per square metre over the last five years. Everything rests on 23,542 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
NG3 is the postcode district covering Carlton, Sneinton, St Ann's 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 NG3 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.
The going rate for a home in NG3
The 2026 median for NG3 is £210,000, taken from 238 registered sales. The mean, which is what most sites call the "average house price", is £247,800, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in NG3
The last five years of sales put NG3 at roughly £2,680 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, NG3 sits 26% below the national market.
NG3's median sold price, 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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £210,000 | £210,000 | 238 |
| 2025 | £220,000 | £225,261 | 602 |
| 2024 | £215,000 | £228,589 | 591 |
| 2023 | £200,000 | £219,751 | 565 |
| 2022 | £220,000 | £257,975 | 731 |
| 2021 | £200,000 | £253,226 | 787 |
| 2020 | £181,400 | £235,370 | 560 |
| 2019 | £150,000 | £196,614 | 691 |
| 2018 | £161,000 | £214,616 | 797 |
| 2017 | £155,000 | £211,404 | 795 |
| 2016 | £136,000 | £190,265 | 708 |
| 2015 | £130,000 | £183,690 | 799 |
| 2014 | £125,000 | £177,334 | 857 |
| 2013 | £120,000 | £172,668 | 619 |
| 2012 | £119,000 | £175,153 | 544 |
| 2011 | £113,700 | £171,643 | 523 |
| 2010 | £126,700 | £198,698 | 518 |
| 2009 | £125,000 | £200,939 | 466 |
| 2008 | £119,000 | £195,066 | 500 |
| 2007 | £124,000 | £210,339 | 954 |
| 2006 | £119,000 | £206,569 | 1,043 |
| 2005 | £120,000 | £213,552 | 829 |
| 2004 | £119,700 | £217,399 | 1,042 |
| 2003 | £100,000 | £184,224 | 1,069 |
| 2002 | £76,000 | £142,993 | 1,131 |
| 2001 | £60,000 | £115,347 | 1,017 |
| 2000 | £52,000 | £102,050 | 916 |
| 1999 | £50,000 | £99,647 | 803 |
| 1998 | £48,500 | £97,901 | 773 |
| 1997 | £50,000 | £102,540 | 804 |
| 1996 | £44,000 | £92,794 | 657 |
| 1995 | £43,000 | £93,475 | 613 |
In cash terms the typical NG3 home went from £43,000 in 1995 to £210,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 125%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 19% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NG3 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 (+31.6% on the year before); the weakest, 2011 (−10.3%). 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 semi-detached homes dominate the record here, 29% of the typed total. A detached home currently trades at £350,000 against £125,000 for a flat, 2.8 times the price.
Median by property type, NG3
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 | £350,000 | 75 | 6,563 |
| Semi-detached | £225,500 | 66 | 6,907 |
| Terraced | £175,000 | 60 | 6,520 |
| Flats | £125,000 | 37 | 3,552 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −4.5% | −6.8% |
| 5 years (since 2021) | +1.0% | −3.7% |
| 6 years (since 2020) | +2.5% | −1.9% |
| 10 years (since 2016) | +4.4% | +1.0% |
| 20 years (since 2006) | +2.9% | +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
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.
NG3 recorded 452 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,000 sales a year before the financial crisis and 545 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 NG3
For renting purposes NG3 sits in Nottingham. The ONS average private rent there is £1,006 a month (May 2026). The spread runs from £730 a month for a typical one-bed to £1,452 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Nottingham
ONS Price Index of Private Rents, May 2026.
Against the £210,000 median purchase price, a rent of £1,006 a month (£12,072 a year) works out at a 5.7% 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.
How NG3 trades
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.
NG3 (Carlton): the questions that come up
Is NG3 (Carlton) a good place to buy a house?
How much did a house sell for in NG3 (Carlton)?
Are property prices falling in NG3 (Carlton)?
What happens to NG3 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 5% over five years in cash but down 17% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
On the market in NG3 today
Everything above is what homes in NG3 sold for. The live side of the market holds 202 homes at the moment, listed by 8 agents publishing to HomesIndex, at a typical asking price 14% above the NG3 median sold price.
Set against 452 registered sales in the last twelve months, the 202 homes on the market here are roughly 5 months of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted.
13% 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.
- Honeywood Drive, Nottingham, Nottingham
- Caunton Avenue, Nottingham, Nottingham
- Woodborough Road, Mapperley, Nottingham, 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 NG3 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.
The NG3 sales calendar
Across the 3,276 sales completed in NG3 from 2021 to 2025, March was the busiest month for completions (10.5% of the total) and April the quietest (6.6%). With so little between the busiest and quietest months, NG3 sells year round; the calendar is a weaker lever than price.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 254 | 7.8% |
| February | 229 | 7.0% |
| March | 345 | 10.5% |
| April | 217 | 6.6% |
| May | 270 | 8.2% |
| June | 279 | 8.5% |
| July | 259 | 7.9% |
| August | 252 | 7.7% |
| September | 337 | 10.3% |
| October | 286 | 8.7% |
| November | 275 | 8.4% |
| December | 273 | 8.3% |
Bedroom by bedroom: NG prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the NG area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £219,950 | £254,995 (+16%) | £305,900 (+20%) | £374,000 (+22%) | £440,000 (+18%) |
| Semi-detached | £165,000 | £186,000 (+13%) | £210,000 (+13%) | £267,995 (+28%) | £350,000 (+31%) |
| Terraced | £155,000 | £160,000 (+3%) | £170,000 (+6%) | £210,000 (+24%) | £250,000 (+19%) |
| Flat | £107,750 | £130,000 (+21%) | £180,000 (+38%) | £210,000 (+17%) | £322,500 (+54%) |
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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
NG3 ranks 21 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Inside NG3, 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 |
|---|---|---|
| NG3 1 | £195,000 | 13 |
| NG3 2 | £158,000 | 18 |
| NG3 3 | £157,500 | 28 |
| NG3 4 | £133,000 | 11 |
| NG3 5 | £232,500 | 66 |
| NG3 6 | £260,000 | 65 |
| NG3 7 | £225,000 | 37 |
How NG3 compares nearby
Same city, different markets. The neighbouring districts of the NG area, dearest first:
| District | Median | 5-year |
|---|---|---|
| NG25 | £415,000 | +17% |
| NG23 | £350,000 | +13% |
| NG14 | £345,000 | +16% |
| NG32 | £340,000 | +13% |
| NG12 | £320,000 | +6% |
| NG2 | £310,000 | +6% |
| NG13 | £298,500 | +0% |
| NG33 | £282,500 | -2% |
| NG9 | £265,000 | +10% |
| NG8 | £252,500 | +22% |
| NG11 | £233,500 | +2% |
| NG16 | £230,000 | +22% |
| NG10 | £222,000 | +17% |
| NG5 | £221,500 | +22% |
| NG4 | £220,000 | +13% |
| NG34 | £219,000 | +4% |
| NG31 | £216,500 | +20% |
| NG15 | £215,000 | +0% |
| NG24 | £211,000 | +3% |
| NG3 (this report) | £210,000 | +5% |
| NG22 | £207,500 | +7% |
| NG18 | £200,000 | +4% |
| NG21 | £200,000 | +8% |
| NG17 | £175,000 | +10% |
Before you sell in NG3: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NG3'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.
Keep digging
Behind the answers sits the same Land Registry record as this page, with NG3 already set as the subject. Free, one click sign in.
Two maps carry on from here: every NG3 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.