Imofolio

Nottingham · report

Renovation in Nottingham

In 2025, 17% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
17%

Homes finished in Nottingham, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
20251,589—3171,906
20241,962—582,020
20231,878—681,946
20221,352—3781,730
20211,329—811,410
20201,716—1001,816
20191,251—2261,477
2018637—7761,413
2017633—9841,617
2016580—374954
2015484—5431,027
2014485—336821
2013381—478859

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Nottingham

Sale prices have an 80% chance of landing between £178,140 and £193,327 by August 2027.

Expected, August 2027
£185,734
Chance of a rise
26%

At the average sale price, a home costs £189,547. With 10% down and a 30-year mortgage, the payment is £875 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
17%
Payment, one income
34%

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,015
Owning per month
£892

6.6% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
440
Per 1,000 residents
1.4

Figures for United Kingdom: Nottingham has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 7 times since 1995. The deepest began in September 2006.

Deepest fall
−21.3%
Recovery from the low
77 months

In 2025 the population fell by 4,823 while 290 homes were finished.

Homes finished, 2025
290
Population change, 2025
−4,823

7.0% of the 134,409 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
7.0%
Empty homes
9,385