A Comprehensive Guide to House Prices in Nottingham
Steeped in history, Nottingham is a brilliant city to call home. From curious alleyways and intriguing caves to boutique arcades and excellent restaurants, it caters for many different styles and tastes. It also offers an exciting property market scene, with house prices being more affordable than most cities in Nottinghamshire and in the rest of the country. If you’re looking to buy your forever home and would like to know more about property prices in Nottingham, here’s a comprehensive guide of what you can expect.
House prices in Nottingham
With its growing student community and the East Midlands being projected to become the fastest-growing region by 2028 according to the Office for National Statistics, it’s not surprise that properties in Nottingham are in high demand. However, house prices here are still more affordable than in nearby sites like Derby, Leicester and Peterborough. Read on as we dive deeper in the property market scene in and around the city.
Where to buy in Nottingham
The city of Nottingham covers a little under 30 square miles and includes a variety of many different areas, from city centre neighbourhoods to leafy, sought-after suburbs on the outskirts of town. Whether you’ve lived in Robin Hood’s birthplace your whole life or you’re thinking of moving to the city for the first time, we’ve picked some of the most promising areas to buy your new home.
With everything you need on your doorstep, Hockley is a brilliant part of Nottingham. Located within the Creative Quarter, here you’ll have the buzz of the city close to hand, while being able to explore some beautiful countryside spots such as Sherwood Forest and the Dukeries. On top of this, you’ll also have an endless variety of bars, restaurants and shops to choose from.
Just a 15 minute-stroll from Nottingham city centre, Radford is very popular especially among students and families, as property prices here are more accessible. Once an industrial site, the borough has seen a huge growth in multi-ethnic communities and student accommodations, which make it a vibrant and dynamic place to live.
This desirable suburb is found along the banks of the River Trent and is surrounded by open spaces and nature reserves, which is why prices here are slightly above the average. Its rich variety of local amenities – from sport centres to excellent restaurants – make it a popular area for many different types of homebuyers.
If you’re looking for something a little further away from the hustle and bustle of the city, this pleasant suburb could be exactly what you're after. Sitting in the picturesque Nottinghamshire countryside, Bingham is a beautiful place to call home. Nottingham city centre lies just 10 miles away, while you’ll have nature reserves, sport centres and family attractions all within reach. Don’t miss out DWH at Romans’ Quarter for an excellent collection of 4 and 5 bedroom homes.
15 miles north of Nottingham city centre, Mansfield is one of Nottingham’s up and coming areas. Here, house prices are still more affordable than in other boroughs, despite being in high demand. Situated in the heart of Sherwood Forest, this desirable town offers a great balance between the tranquility of the countryside and the buzz of the city. It also has its own train station, which makes it ideal for commuting into Nottingham city centre. If you prefer the pull of the countryside, browse our popular Thoresby Vale development today and one of our Sales Advisers will be in touch soon.