Current Market Conditions
The current median house price in Nottingham is £233,435, according to the latest data available. This figure provides a snapshot of the local housing market in 2026, giving buyers and sellers an idea of the going rate for properties in the area. For historical context, the all-time median since 1995 is £124,000, which covers every sale recorded in the area since then and highlights the significant changes that have taken place over the years.
Long-term Trend
Looking at the long-term trend, the median house price in Nottingham has increased substantially since 1995, when the median was £45,000. The change since 1995 stands at 419%, indicating a major shift in the local housing market over the past few decades. This long-term perspective is useful for understanding how the market has evolved and can help homeowners and potential buyers appreciate the scale of change in the area.
Recent Years
Over the last decade, from 2016 to 2026, the median house price in Nottingham has increased by 56%. This change reflects the more recent trends in the local housing market, showing how prices have moved in the shorter term. Yearly medians from 2013 onwards show a steady increase, with some fluctuations, giving a detailed picture of how the market has behaved in recent years. The yearly medians are: £125,500 in 2013, £135,000 in 2014, £140,000 in 2015, £150,000 in 2016, £160,000 in 2017, £168,000 in 2018, £174,000 in 2019, £192,500 in 2020, £212,500 in 2021, £230,000 in 2022, £235,000 in 2023, £237,248 in 2024, £240,000 in 2025, and £233,435 in 2026.
Housing Mix and Price Range
The price range of £470 to £4,550,000 indicates the wide variety of properties available in Nottingham, from very affordable to extremely luxurious. This range suggests that the local market caters to a broad spectrum of buyers, from first-time buyers looking for an entry-point into the market to high-end investors or luxury home seekers. The diversity in pricing reflects the mix of housing types, ages, sizes, and conditions found across the area, making Nottingham a complex and dynamic housing market.
Reading the Data Responsibly
To understand the Nottingham housing market fully, it’s essential to consider the data in its entirety and to read it responsibly. The figures provided, including the current median of £233,435 and the historical medians, offer insights into the market’s trends and changes over time. For a comprehensive view, including all the yearly medians and the full range of sales data, visit the Nottingham house prices data page. This resource allows users to delve deeper into the specifics of the market, helping them make more informed decisions about buying, selling, or simply understanding the local property landscape.