NG31, Nottingham house prices & rental yield

Postcode district in Nottingham, part of the NG postcode area

General / family area · 34.7km from The Nottingham Trent University

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Looking for a property valuation in NG31? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£220k
UK avg £340k
Average rent (pcm)
£850
UK avg £1,275
Gross rental yield
4.6%
3% above UK avg
Net yield (estimated)
3.5%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
355
245% above UK avg
Short-term let activity (South Kesteven)
#135 of 318

Summary

NG31 has a gross rental yield of 4.6%, 3% above the UK average, ranking #12 of 29 NG postcode districts by yield.

Gross yield trend

+0.5pp since Jul
Jul: 6.3% 6.3% Jul Aug: 6.3% 6.3% Aug Sep: 6.8% 6.8% Sep Oct: 6.8% 6.8% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

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.

NG31 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £1.20m £725 — 1 / 5
1 £95k £550 7.0% 26 / 15
2 £150k £762 6.1% 108 / 26
3 £220k £998 5.4% 148 / 26
4 £350k £1,850 — 92 / 3
5+ £490k — — 28 / 0

Nearby NG postcode districts, by yield

DistrictAvg buyAvg rentYield
NG1 £140k £867 7.4% Compare
NG7 £205k £1,084 6.3% Compare
NG6 £180k £925 6.2% Compare
NG5 £210k £925 5.3% Compare
NG22 £268k £1,128 5.1% Compare
NG17 £190k £800 5.1% Compare
NG3 £260k £1,092 5.0% Compare
NG20 £197k £798 4.8% Compare
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