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

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

The Nottingham property market recorded 3,872 residential sales in the 12 months to 30 June 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 -0.1%. 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 £195,000 in Q1 2025 to £190,000 in Q2 2026, a change of -2.6% over 5 quarters.

The local planning authority for Nottingham approved 20 residential planning applications and refused 7 in Q3 2026 (1 July to 30 September 2026), with 56 still awaiting a decision. That is an approval rate of 74%. A further 11 residential decisions in the period have no recorded outcome in the source data and are not counted above. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 485 homes, an estimated £81.9m 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 £309,000, while flat properties are most accessible at £125,000. The £184k 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 23 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, 638 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 £40,000 to £223,000 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 £309,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Nottingham with a GDV of £309,000 would attract senior debt of approximately £200,850 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 softened 0.1% 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.