Nottingham Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Nottingham: Major city with two universities, Broadmarsh regeneration, and strong student housing demand.

The Nottingham property market recorded 3,791 residential sales in the 12 months to 31 May 2026, with a median sale price of £190,000. This places Nottingham £13k below the Nottinghamshire county median of £202,500, and £95k below the approximate UK median of £285,000.

Prices in Nottingham have been broadly stable, a year-on-year change of 0%. Within Nottinghamshire, Nottingham ranks 5th by price out of 7 principal towns, and 1st by transaction volume.

On a quarterly view, Nottingham median prices moved from £190,000 in Q4 2024 to £192,000 in Q1 2026, a change of +1.1% over 5 quarters.

Nottingham City Council, the local planning authority covering Nottingham, approved 175 residential planning applications and refused 46 in the last 12 months, with 53 still awaiting a decision. That is an approval rate of 79%.

Those applications propose around 716 homes, an estimated £121.3m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Property prices in Nottingham vary significantly by type. The table below compares Nottingham prices with Nottinghamshire county averages and UK national figures.

Detached homes in Nottingham command £300,000, while flat properties are most accessible at £128,000. The £172k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

HM Land Registry has so far registered 22 new-build sales in Nottingham for the past 12 months, 0.6% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

Too few new-build sales have registered yet to quote a reliable new-build premium for Nottingham.

Across the wider Nottinghamshire market, 660 new-build sales have registered so far. See our Nottinghamshire property market report for the full county picture.

The table below shows the most recently registered residential sales in Nottingham, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £184,300 to £354,000 illustrates the breadth of the Nottingham market.

For developers considering Nottingham, the local market data translates directly into finance structuring. With a median value of £190,000 and detached homes at £300,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Nottingham with a GDV of £300,000 would attract senior debt of approximately £195,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have remained flat year-on-year, experienced developers can still generate strong returns in Nottingham by targeting well-located sites with clear demand drivers.

Ready to develop in Nottingham? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Nottingham's market in context, the table below compares it with similarly-priced towns across Nottinghamshire:

For the full Nottinghamshire town-by-town breakdown, see our comprehensive Nottinghamshire property market report.