Category: Property Sales

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Nottingham House Prices 2026

It’s been a challenging period for the UK property market, with higher interest rates, affordability pressures and fluctuating prices affecting both buyers and sellers. However, as we move into 2026, there are signs that the market is beginning to stabilise. Here, we take a closer look at house prices in Nottingham and what the latest data suggests for the months ahead.

House prices at the start of 2026

According to the Hometrack UK House Price Index (January 2026), house prices across the UK increased modestly over the past year. Annual price growth now sits at just over 1 per cent nationally, showing a more balanced market after the volatility seen in previous years.

Buyer confidence has started to improve following a slowdown in late 2025, helped by falling mortgage rates and a gradual recovery in demand. At the same time, more homes are coming to market, giving buyers greater choice and keeping price growth under control.

Nottingham house prices

Looking specifically at Nottingham, the city has continued to perform relatively well compared to many other parts of the country. Average house prices in Nottingham are now around £203,000, with annual growth of approximately 2 per cent, according to Hometrack-aligned data.

This places Nottingham above the national average for price growth, despite remaining significantly more affordable than many southern cities. While some areas have seen prices stagnate or fall slightly, Nottingham has experienced steady, consistent growth, supported by strong rental demand, a large student population and ongoing investment across the city.

Interestingly, the wider East Midlands has seen much weaker growth overall, with prices broadly flat year on year. This highlights Nottingham’s resilience compared with the surrounding region.

Why is Nottingham holding up well?

House prices tend to rise where demand remains strong, and Nottingham continues to attract both buyers and investors. Improved affordability compared to cities like London and Birmingham, combined with better mortgage availability than a year ago, has encouraged activity in the local market.

Lower mortgage rates have also helped first-time buyers and home movers re-enter the market, even though affordability remains a challenge for many. While price growth is modest, it is far more sustainable than the sharp rises seen in previous years.

Our outlook for the Nottingham property market

Looking ahead, we expect the Nottingham housing market to remain stable through 2026, with slow but steady price growth rather than sharp increases. Traditionally, the early part of the year is quieter, but activity is likely to pick up into spring if interest rates continue to ease.

Further reductions in borrowing costs would help boost confidence and support demand, particularly among first-time buyers and upsizers. Overall, Nottingham is well placed to continue outperforming many UK cities due to its affordability and strong underlying demand.

property price demand

How much is your house worth?

Have you wondered how much your Nottingham property is worth in today’s market? Or how much it has changed in value over recent years?

Contact Benwell Daykin estate agents Nottingham for a free, no-obligation property valuation, or get in touch to discuss the local market in more detail. You can call us on 0115 9902007.

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Property Price Report Summer 2025

As we move well into summer 2025, the UK property market shows increasing signs of stabilisation — with modest growth, renewed buyer activity, and a cautiously optimistic outlook. Buyer demand is also picking up again following the impact of the April stamp duty changes.

Latest reports from major lenders show UK house prices remained steady in June. The average UK property price currently sits between £296,000 and £297,000, marginally lower than earlier in the year. Annual house price inflation is estimated between 2.1% and 2.5%, with modest month-on-month variations.

More affordable markets — typically those with average values under £200,000 or £250,000 — are continuing to outperform more expensive areas. These lower-cost regions are seeing annual growth of 2.7% to 3.5%, while very high-value areas (those over £500,000) are seeing minimal or even negative price changes.

The luxury and country house market is also showing signs of movement. Sales of high-end country homes have increased by around 7% year-on-year, although prices in that segment have dropped slightly over recent months.

Forecasts suggest UK-wide house price growth of between 3.5% and 4% through the remainder of 2025, assuming economic confidence holds and mortgage rates remain relatively stable.

Overall, the UK housing market this summer is shaping up to be a buyer-friendly environment: with plenty of supply, moderate discounting, and strong buyer activity — particularly in northern and more affordable regions. Sellers are often accepting offers around 3% below asking price, and sales pipelines are the healthiest they’ve been in several years.

Nottingham Property Market

Here in Nottingham, the local property market reflects many of the broader national trends but with an even more optimistic tone. At Benwell Daykin, we’ve seen sustained buyer interest, competitive pricing, and a clear sense of momentum throughout the county and in Ruddington.

Latest Prices and Trends

The average house price in Nottingham as of April 2025 stands at approximately £192,000, marking a 4.8% increase compared to the same time last year. This rate of growth outpaces the wider East Midlands, which saw an average rise of 3.8%, and sits well above the national growth average.

Terraced houses in Nottingham have seen the strongest growth, rising by 5.6% year-on-year. Semi-detached and detached homes have both experienced gains of around 3.1%, while flats and maisonettes remain the most affordable segment, with average prices around £133,000.

For first-time buyers, the average property purchase is now around £177,000, a 5.2% increase from the previous year. Owner-movers, meanwhile, are typically paying closer to £229,000.

The private rental market in Nottingham continues to thrive. Average rents have risen to £976 per month — a 7.3% increase year-on-year. One-bed properties rent for around £707 per month, three-bed homes for over £1,000, and detached rentals for approximately £1,268 per month.

What’s Driving the Nottingham Market?

  1. Affordability and Demand
    Nottingham remains one of the most affordable major cities in the UK. This affordability is attracting a wide range of buyers, from first-timers to families and investors. Areas such as Carlton and Sneinton are particularly popular due to strong rental yields and good transport links.

  2. Regional Growth Prospects
    Nottingham is forecast to continue outperforming much of the East Midlands. Local agents and analysts expect annual growth of 3% or more for the foreseeable future, driven by ongoing demand and constrained housing supply.

  3. Regeneration and Infrastructure
    Regeneration projects, including the ongoing transformation of the Broadmarsh area, rumours of improved tram networks and new housing developments, are bolstering the city’s appeal. These improvements are helping to raise the profile of central Nottingham and nearby areas.

  4. Post-Stamp Duty Adjustment
    Following a surge in activity earlier this year due to stamp duty changes, the market has now settled into a more stable rhythm. Correctly priced properties continue to sell quickly, while overpriced listings are seeing longer time on the market.

Summer 2025 Snapshot

  • Average Nottingham property prices are in the region of £192,000 to £195,000.

  • Annual growth is around 4–5%, particularly strong in terraced and semi-detached homes.

  • Buyers have more choice and are often able to negotiate discounts of 2–3%.

  • Investor hotspots include Carlton, Beeston and Sneinton — areas with strong rental demand and capital growth potential.

For Sellers

If you’re considering selling your Nottingham home, pricing is key. At Benwell Daykin, we recommend setting realistic asking prices based on recent comparable sales. Well-presented properties at the right price are still generating strong interest, and many are receiving multiple viewings within days of listing.

For Buyers and Investors

Now is a promising time to buy in Nottingham. First-time buyers are returning to the market, and investors are capitalising on strong rental yields of 5–6% in certain areas. With a stable price environment and strong long-term prospects, Nottingham continues to offer excellent value for money.

In Summary

  • The UK housing market in summer 2025 is steady, with moderate buyer interest, ample supply, and flat to slightly negative price movement overall.

  • Regional and affordable markets, particularly in the Midlands and North, are outperforming more expensive southern areas.

  • Nottingham stands out with nearly 5% annual growth, strong rental demand, and increasing investment in infrastructure and regeneration.

  • It’s a buyers’ market in many respects, but sensibly priced properties are selling well.

Thinking of selling or just curious what your property is worth?

Contact Benwell Daykin Estate Agents today for a free, no-obligation valuation.

Call us on 0115 990 2007 — we’re here to help you make the most of your move.

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How to Sell Property Fast

Selling your home can take an average of 4 months from start to finish. However, the actual time frame can vary depenidng on a number of factors, including chain size, your solicitors, your mortgage and much more.

If you’re in a hurry to sell, even a single day can feel like a long wait.

To speed up the process, you need to be strategic. By taking the right steps, you can make your home more appealing and increase your chances of a quick sale. Here are ten top tips to help you sell your home faster.

1. Fix Any Outstanding Issues

Unless you’re marketing your home as a fixer-upper, buyers will expect a well-maintained property. Any minor defects—such as cracked walls, leaky taps or tired looking paintwork can make a home seem like too much work. Address these issues before listing your home to ensure buyers see it in the best light. Hiring a tradesperson for a few quick fixes could make all the difference. Additionally, check that all doors and windows function properly, patch up any peeling paint, and ensure appliances are in working order. A well-maintained home will appear move-in ready, making it more appealing to buyers. Buyers are also less likely to ask for a major discount if everything looks in good condition!

2. Enhance Your Curb Appeal

First impressions are crucial when it comes to selling a property. When potential buyers arrive, their initial reaction will be based on the exterior of your home. Clean the windows, replace missing roof tiles, mow the lawn and jet-wash the driveway. Even hiring a contractor to do this for you is worth the investment if it makes your property stand out on the street. A well-maintained exterior will draw buyers in before they even step inside. Consider adding potted plants, trimming the hedge, removing weeds from the driveway and ensuring outdoor lighting is functional to create an inviting atmosphere.

sell property fast

3. Declutter the Property

Over time we all accumulate belongings, but excessive clutter can be a major turnoff for buyers. When a home is filled with items, each room can look smaller and less inviting. Before taking listing photos or arranging viewings, declutter every room. Consider putting excess belongings in storage to create a more spacious and inviting atmosphere. A neutral, clean space will also allow buyers to project their own vision onto the property, making it easier for them to commit.

4. Choose the Right Estate Agent

Your choice of estate agent can make or break the speed of your sale. While online property portals are popular, they may not provide the personalised service you need. Look for an estate agent with in-depth local knowledge who understands the target market and can highlight the best aspects of your area. Pricing alone shouldn’t be your deciding factor—work with someone who is genuinely motivated to sell your home quickly and efficiently. Ask potential agents about their marketing strategies, their experience with similar properties, and how they plan to attract the right buyers.

Benwell Daykin is trusted by hundreds of buyers and sellers as a go-to estate agent in Nottingham. You can call us to chat about your property on 0115 990 2007 or by using our contact page.

estate agent nottingham selling property fast

5. Opt for a Neutral Decor

Buyers need to envision themselves living in your home, and bold or outdated decor can be off-putting. While some buyers might be willing to renovate, many will be deterred by features like floral carpets, retro wallpaper, or pink bathroom suites. Repainting with neutral colours can create a blank canvas, making your home more appealing to a wider audience. This simple update can also improve the quality of your listing photos and attract more interest. Stick to soft, modern tones like greys, whites, or beiges to create a light and airy feel that will appeal to a broad range of buyers. Also try to keep away from Magnolia, we’re no longer living in the early 2000s.

neutral decor

6. Be Flexible on Price

Pricing plays a major role in how quickly your home sells. While you naturally want to achieve the highest price possible, a willingness to negotiate can speed up the process. If selling quickly is your top priority, consider adjusting your asking price to make your home more competitive on the open market. This doesn’t mean undervaluing your property—just ensuring it stands out as a great deal for potential buyers. Keep an eye on market trends, analyse the competition and be prepared to offer incentives like covering closing costs or including furniture to sweeten the deal.

7. Maximise Your Viewings

Once you’ve prepared your home, it’s time to focus on creating the best experience for buyers during viewings. A deep clean—including carpets, upholstery, and surfaces—will ensure your home looks and smells fresh. If you have pets or small children, arrange for them to be elsewhere during viewings to avoid distractions. Additionally, leave a parking space available for the buyer so they feel welcomed rather than inconvenienced. Open curtains and blinds to let in natural light, ensure the home is at a comfortable temperature and add finishing touches like fresh flowers or lightly scented candles to create a welcoming environment.

8. Invest in Professional Photography

Your listing photos are the first thing potential buyers will see, so high-quality images are crucial. A professional photographer will know how to highlight your home’s best features, use the right angles, and capture lighting that makes your space look inviting. Avoid taking photos on a gloomy day, and ensure your home is tidy before the shoot. Great photos can attract more online views, increasing the chances of securing an in-person visit.

Professional photography is often included in your agency fee if you hire a good estate agent such as Benwell Daykin.

9. Utilise Online and Social Media Marketing

Beyond just listing your property on estate agency websites, take advantage of social media platforms to promote your home. Share high-quality images and engaging descriptions on Facebook, Instagram, and Twitter. Join local community groups where potential buyers may be looking for properties. You can also consider creating a virtual tour or video walkthrough to give potential buyers a better feel for the home before scheduling a visit.

10. Highlight Key Selling Points

Every home has unique features that make it stand out—be sure to highlight these! Whether it’s a newly renovated kitchen, a spacious back garden, great transport links or proximity to great schools, emphasising these selling points can make a difference. Ensure your listing description is compelling, and all your great property features are included on the online listing and in the brochure. Buyers will appreciate the extra information and be more likely to remember your home after multiple viewings.

large garden

Need Help Selling Your Home?

If you’re looking to sell your property quickly and efficiently, and for a great price, talk to Benwell Daykin today.

You can arrange a free property valuation today calling us on 0115 990 2007 or by using our contact page.

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Nottingham Property Prices Sumer 2024

UK house prices are growing again throughout the country.

The latest data for May, released at the beginning of June, suggest prices rose 0.4 per cent in the last 4 weeks. This data comes straight from Nationwide.

House prices have remained fairly static throughout Spring 2024, however a small rise in wages and a dip in inflation has meant prices are on an upward trend once more.

The average UK house price now stands at £264,249, compared to £261,962 in April.

Nottingham house prices in Summer 2024

When looking at Nottingham specifically, the average house price is now over £200,000. According to Hometrack, the official figure is £201,200.

This is a 4.9 per cent growth year on year and means that Nottingham house prices have had the biggest gains across the whole country in the 12 months leading to April 2024.

Benwell Daykin expects this rise to continue throughout the summer.

When focusing across Nottinghamshire, to include Ruddington where we are based, the average house price is higher at £238,322 according to Rightmove.

Looking at the data solely for Ruddington, this average price increased further to £333,957.

Mortgage rates for Summer 2024

According to Moneyfacts, the average mortgage rate for a 2 year fixed deal is current 5.29 per cent. This is up slightly on April 2024 which was 5.83 per cent.

The average rate on a 5 year fixed deal is now 5.49 per cent.

This rise is likely due to the Bank of England’s decision to keep the base rate at 5.25 per cent during their last meeting.

The general election and property prices

Many people are asking Benwell Dayking if there will be significant house price movements as a result of the general election.

Data has also been analysed from previous general election periods and it is safe to say that generally house prices are not affected.

How much is your property worth in Summer 2024?

The only way to find out accurately how much your property is worth is by asking an experienced agent, like us, to conduct a valuation.

Our valuations are free of charge with no obligation to use our services.

Simply call Benwell Daykin, estate agents in Nottingham, on 0115 990 2007 or use our house valuation form to get in touch.

 

 

 

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The surprising property type with rapid house price growth

It’s likely you will have heard reports that house prices have dropped over the last few months.

Although this is true in some areas, prices are beginning to rise once more according to Halifax. This is of course good news for home owners looking to sell or those looking to release some equity.

But there’s one particular property type with prices rising faster than anything else – flats.

With borrowing costs higher than they have been for a number of years, buyers are struggling to find affordable properties. This means they are now turning to smaller properties in an attempt to keep their monthly repayments down.

First time buyers in particular are looking for more affordable options and so they are turning to flats to purchase for their first home. The increase in demand is now driving prices upwards faster than most other property types.

Property prices will continue to rise throughout 2024

Benwell Daykin predicts that prices of other property types will soon rise as quickly.

There is now much higher confidence in the market with the highest number of mortgage approvals than any time in the last 18 months. Affordability, however, is still very much a problem for some and this could last for a while longer. It is expected that the Bank of England will keep interest rates at 5.25 per cent when they next meet on Thursday 9th May.

Benwell Daykin expects this to begin to drop by the end of the year, if not sooner.

So, there may still be some challenges in the market. However, if you’ve been putting off placing your home on the market, it now looks like activity is beginning to bubble once more.

Is it time you found out how much your house is worth in the current climate? The average Ruddington property price is now well over £300,000.

Talk to Benwell Daykin today on 0115 990 2007 to receive personalised property advice.

 

 

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Nottingham Property Prices Winter 2023

A property price increase

Today Nationwide have stated that property prices are on the rise once again.

Prices had dipped marginally in most areas of the country and many experts predicted there would be a further decline throughout the remainder of the year. Thankfully, this now appears not to be the case.

What about Nottingham property?

Nottingham has always remained one of the strongest area for housing price growth across the country. This year is no exception.

Despite decreases in almost every area of the UK, Nottingham hasn’t really been hit. Prices remain strong and growth has actually continued!

If we look at Hometrack’s data, Nottingham sits top of every major UK city for growth in the last 12 months. This stands currently at +2.9%. Sitting at second place is Birmingham at +2.7% and Sheffield with +2.3%. If we compare this to London, they saw a decline in the last year with -0.5%.

Looking short term, Nottingham prices increase in the last 3 months by 0.3%.

Why did property prices decrease in other areas?

Property prices have decreased slightly in 2023 mainly due to the rise in interest rates. This meant that more people were cautious when it came to applying for mortgages. As a result, less people were then looking for houses which brought prices down.

It is important to note however that it is only a small decline. Prices dropped across the board by just -1.1% in 2023. (Hometrack)

What is the average property price now?

The average home increased in price from £257,808 in September to £259,423 in October, according to Nationwide‘s latest house price index. This index is based on their own mortgage data but is very accurate as they are one of the largest UK lenders.

In Nottingham, the average property price is now £202,400. According to our trusted Nottingham mortgage broker, the average mortgage rate is now also just over 5 per cent.

Why have house prices generally increased?

Data suggests that many buyers have been holding off buying due to the rise in mortgage interest rates. Now it appears that they cannot wait any longer and have decided to purchase, regardless.

Other contributing factors include strong employment and a short supply of available properties.

What does this mean for home owners?

For those waiting to sell, you’d be forgiven if you were putting this off after listening to the national news.

Whilst we would advise anyone to remain cautious with the constant changing interest rates, now is definitely not a bad time to place your property on the market.

With the increase in buyer confidence now across the board we should see more people looking at every property and battling to make the highest offer.

How much is my property worth?

We can offer you a free, no obligation property valuation. Simply call us on 0115 990 2007 or use the form below.

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    House Prices STILL Continue To Rise Despite Economic Outlook

    In an astonishing twist of events, the UK housing market has defied all expectations by experiencing an unforeseen surge in house prices during June 2023. This unexpected upward trajectory has left homeowners, potential buyers, and industry experts astounded.

    The surprise monthly rise of 0.1% reversed a 0.1% fall in May and confounded economist forecasts of a 0.3% fall. It pushed the average cost of a house in the UK up slightly to £262,239. This is according to Nationwide.

    Two-year fixed-rate mortgage rates have continued to climb past 6% after the Bank of England increased interest rates by half a point to 5% in June in an attempt to curb stubbornly high inflation. The average two-year fixed deal edged higher again on Friday, to 6.39% from 6.37% the day before, according to Moneyfacts. The average five-year fix rose to 5.96% from 5.94%.

    Nottingham growth tops UK

    Nottingham property price growth still continues to outperform all areas in the UK according to Hometrack.

    In the last 12 months, property prices rose in the area by 10.9%. This means a £150,000 property grew to £165,000 in just 1 year.

    In the last 3 months alone, Nottingham property prices grew by 1.4%.

    The average Nottingham house price now stands at £198,000.

    It’s always a good time to sell

    Ready to see how much you have made on your property since purchasing?

    Get a free property valuation by calling Benwell Daykin today on 0115 9902007 or use the form below.

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      How To Sell Your House Quickly in 2023

      Various factors can influence how quickly your house sells, including supply and demand, interest rates, employment levels, and government policies. While the UK property market has historically been strong, it is not immune to fluctuations, and it is possible that house prices in certain regions or property types may drop in response to changing market conditions or economic factors. 2023 has seen a slow on property price growth but houses are still selling well.

      Selling your house quickly

      Selling your property? If you want to ensure your house sells as quickly as possible, here are some tips on how to sell a house fast:

      1. Price it right: The price is a crucial factor when selling a house. Pricing it too high can discourage potential buyers, while pricing it too low can result in a loss. To determine the right price, do research on the local market and consult with a reliable real estate agent.
      2. Make necessary repairs and improvements: Before listing your house, make sure to address any necessary repairs and improvements. A well-maintained and attractive house is more likely to sell quickly.
      3. Declutter and depersonalise: Remove any personal items and clutter from your house. A clean and uncluttered space can help potential buyers visualise themselves in the house.
      4. Stage the house: Staging your house can make it more appealing to potential buyers. This involves arranging furniture and decor to highlight the best features of your house and create a welcoming environment.
      5. Use high-quality photos and videos: High-quality photos and videos can showcase your house in the best light and attract more potential buyers.
      6. Advertise effectively: Use a variety of advertising methods to reach as many potential buyers as possible. This can include online listings, social media, and signage.
      7. Be flexible: Be flexible with showing times and make your house as accessible as possible to potential buyers.

      Keep in mind that selling a house fast requires a combination of the right pricing, preparation, and advertising. By following these tips and consulting with a reliable real estate agent, you can increase your chances of selling your house quickly.

      Need more advice? Contact Benwell Daykin, estate agents in Ruddington, on 0115 990 2007.

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      House prices surge 7.3% in just one year

      According to Halifax, the average UK house price now stands at £249,000; nearly a quarter of a million pounds.

      Rising activity in the housing market, post COVID-19 lockdown, has pushed prices up by 7.3% in the last 12 months.

      Halifax is the country’s biggest mortgage lender and recently they have seen record numbers of mortgage applications. Both first time buyers and home movers have pushed applications to their highest levels since 2008.

      Adding to this positive news, Boris Johnson yesterday announced that he would make more 5% mortgage deals available to first time buyers. Although there are more risks involved with lower deposits, more people should now soon be able to get their foot on the housing ladder.

      Demand for mortgages and higher property prices are likely to be a result of pent-up demand after lockdown, as well as stamp duty cuts and home workers looking to upsize.

      Sales agreed are also up considerably. BriefYourMarket.com report that properties reaching ‘Sold Subject to Contract’ are up 328% in September 2020.

      Benwell Daykin Estate Agents are seeing a huge increase in buyer demand but a lack of new properties coming to market for sale across the whole of Nottinghamshire. This is echoed by the data provided by Halifax. Due to lack of stock, more buyers are competing for the same home and prices are rising.

      How much is your property now worth?

      If you’re considering moving then now may be the perfect time. How much is your property now worth? Call our sales team on 0115 990 2007 or email info@benwelldaykin.co.uk. Alternatively, you can use the valuation form below.

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        Why your property should be priced right first time

        According to a recent report by This Is Money, putting your property up for sale for the right price first time doubles your chances of selling.

        Research by Rightmove suggests that only one third of properties sold during May and September 2020 if the Vendor had to reduce the asking price.

        This is in contrast to two thirds of property which sold when they didn’t need to reduce their asking price.

        This research suggests that those who are looking to push their asking price in the current market boom may need to think again.

        So how long does a property take to sell on average? At the moment this is around 21 days, although this increases to 47 days if the Vendor has to reduce the asking price, causing unnecessary delays.

        The other issue to note is stamp duty. Those who are looking to push their asking price may not complete their sale before stamp duty is reinstated. Vendors may get slightly more money for their property but will then have extra tax to pay instead.

        Current House Prices

        At Benwell Daykin Estate Agents we are seeing house prices continue to rise since the Coronavirus lockdown. Prices have risen by 5.2% annually and we are seeing that buyer demand is outweighing supply.

        The average house price in Nottingham is currently £202,625. Ruddington prices stand at £301,788 on average.

        In terms of rental prices, the average Nottingham rental stands at £902 pcm.

        There is currently a shortage of 3 and 4 bedroom houses to rent in the area when you compare this to the availability of 2 and 1 bedroom properties.

        Considering Selling?

        Talk to Benwell Daykin to get a FREE, no obligation house valuation. You can call us on 0115 990 2007 or email info@benwelldaykin.co.uk.