Average asking price
£240k
UK avg £340k
Postcode district in Nottingham, part of the NG postcode area
General / family area · 11.9km from University of Nottingham
NG16 has a gross rental yield of 4.2%, 7% below the UK average, ranking #12 of 29 NG postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | — | £449 | — | 0 / 4 |
| 1 | £125k | £638 | 6.1% | 6 / 20 |
| 2 | £185k | £800 | 5.2% | 141 / 25 |
| 3 | £240k | £1,125 | 5.6% | 205 / 28 |
| 4 | £370k | £1,300 | 4.2% | 80 / 5 |
| 5+ | £475k | — | — | 19 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| NG1 | £140k | £900 | 7.7% | Compare |
| NG7 | £200k | £1,058 | 6.3% | Compare |
| NG6 | £189k | £940 | 6.0% | Compare |
| NG2 | £250k | £1,100 | 5.3% | Compare |
| NG5 | £220k | £950 | 5.2% | Compare |
| NG17 | £190k | £798 | 5.0% | Compare |
| NG8 | £280k | £1,150 | 4.9% | Compare |
| NG21 | £232k | £950 | 4.9% | Compare |
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