Analysis of recent property sales -- official HM Land Registry data
The average house price in NG2 (NG2 1AA) is £227,419, based on 28 transactions recorded by HM Land Registry. The median price is £173,750, giving a price range from £37,500 to £801,999.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-19 | £80,000 | F | 52.0 m² |
| 2025-12-19 | £220,000 | F | 88.0 m² |
| 2025-12-05 | £160,000 | F | 64.0 m² |
| 2025-12-04 | £210,000 | F | 107.0 m² |
| 2025-12-02 | £127,000 | F | 93.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NG2
Activity in NG2 over the last twelve months ran to 28 residential sales, giving a workable sample size for median-level analysis. Individual sales ranged from £38k to £802k, which is a normal spread for a postcode of this size.
Flats were the most common transaction type, representing 68% of sales, while semi-detached houses accounted for 18%. A flats-heavy composition like this usually points to a city-centre or regeneration postcode where high-density apartment blocks have replaced or supplemented older stock.
The NG2 1AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 12.4%, based on ONS regional rents.