House Prices in Nottingham, City Of Nottingham

# Nottingham Property Market Summary

Nottingham's property market demonstrates considerable volatility, with an average property price of £170,318 across more than 215,000 properties. The market has experienced substantial fluctuations over recent years, rising from approximately £272,000 in 2017 to over £300,000 by 2021-2022. A notable spike to £522,386 in 2023 appears anomalous, likely reflecting a higher proportion of premium properties sold that year, before prices moderated to around £298,000-£301,000 in 2024-2025. The limited 2026 data (62 sales showing £356,010) should be interpreted cautiously due to the small sample size.

Nottingham maintains a consistently active property market, with transaction volumes typically ranging between 8,000 and 12,500 sales annually. The city appeals to diverse buyers, from students and young professionals attracted to its vibrant cultural scene and two major universities, to families and investors seeking relatively affordable property compared to southern England. The market's resilience is evident in sustained transaction levels even during the 2020 period, though the significant year-on-year price variations suggest buyers should carefully consider timing and local micro-market conditions when entering this dynamic East Midlands property landscape.