Nottingham and Derby postcode areas: the price gap to the city, 2026
The typical home sold in Nottingham's NG postcode area in 2025 changed hands for £230,000. Inside Nottingham City Council's boundary, the median was £200,000: a gap of 15%. In Derby, the DE postcode area's median of £240,000 sits 9% above the city's £220,000.
The gap exists because a postcode area is not a council area. The NG prefix covers Rushcliffe, Gedling, Broxtowe and other districts beyond the city boundary, and the DE prefix reaches into South Derbyshire, Amber Valley and parts of Staffordshire. Quoting a postcode area's median as the price of "Nottingham" overstates the city. Quoting the city alone understates what a search by postcode returns.
The headline figures
| Geography | Sales, 2025 | Median sale price |
|---|---|---|
| Nottingham City Council area | 2,882 | £200,000 |
| NG postcode area | 17,217 | £230,000 |
| Derby City Council area | 3,095 | £220,000 |
| DE postcode area | 11,592 | £240,000 |
The two postcode areas together account for 28,809 completed sales in 2025. The city totals sit inside those figures. Data fetched 6 October 2026.
Nottingham: the gap sits in detached homes
Ten councils have at least 500 sales inside the NG postcodes. Rushcliffe has the dearest median at £340,000, and its Band D council tax is £2,643 a year. Nottingham's own Band D is £2,755, the highest of the ten.
| Council | Sales, 2025 | Median | Band D, 2026-27 |
|---|---|---|---|
| Rushcliffe | 1,922 | £340,000 | £2,643 |
| Gedling | 1,950 | £254,000 | £2,610 |
| Broxtowe | 1,683 | £250,000 | £2,618 |
| South Kesteven (Lincolnshire) | 1,143 | £240,000 | £2,260 |
| Newark and Sherwood | 2,130 | £237,000 | £2,682 |
| North Kesteven (Lincolnshire) | 697 | £230,000 | £2,338 |
| Erewash (Derbyshire) | 734 | £220,000 | £2,361 |
| Nottingham (city) | 2,882 | £200,000 | £2,755 |
| Ashfield | 1,908 | £200,000 | £2,609 |
| Mansfield | 1,579 | £193,000 | £2,600 |
Nottingham's median is level with Ashfield's and above Mansfield's £193,000. Its council tax is the highest in the table, £112 a year more than Rushcliffe, where homes are most expensive to buy.
Most of the city-to-area gap is a question of mix rather than like-for-like prices. Detached homes make up 37% of sales across the NG postcodes but 18% in the city. Terraces and flats make up a larger share of the city's sales.
| Property type (2025 median, rounded to £1,000) | Nottingham city | NG postcodes | Derby city | DE postcodes |
|---|---|---|---|---|
| Detached | £293,000 | £326,000 | £320,000 | £340,000 |
| Semi-detached | £215,000 | £215,000 | £215,000 | £220,000 |
| Terraced | £175,000 | £172,000 | £165,000 | £169,000 |
| Flat | £140,000 | £130,000 | £115,000 | £125,000 |
Semi-detached medians match at £215,000 in the city and across the NG postcodes. Terraced houses and flats are slightly dearer inside the city. The difference is in detached homes, where the NG postcode area's median is about £33,000 above the city's.
Derby: the gap appears in every property type
Seven councils have at least 500 sales inside the DE postcodes. Derby's median sits in the lower half of that group, and its Band D council tax is the lowest of the seven.
| Council | Sales, 2025 | Median | Band D, 2026-27 |
|---|---|---|---|
| Derbyshire Dales | 914 | £310,000 | £2,445 |
| North West Leicestershire | 588 | £280,000 | £2,418 |
| South Derbyshire | 2,006 | £260,000 | £2,340 |
| Amber Valley | 2,040 | £240,000 | £2,408 |
| East Staffordshire | 1,483 | £230,000 | £2,351 |
| Derby (city) | 3,095 | £220,000 | £2,306 |
| Erewash (Derbyshire) | 950 | £210,000 | £2,361 |
Erewash appears in both tables because its postcodes fall in the NG and DE areas.
Derby differs from Nottingham in one respect. Its council area is cheaper than the DE postcode area in all four property types, not only detached homes. Flats are £10,000 dearer across the DE postcodes than in the city, and detached homes are £20,000 dearer. Detached homes also make up a larger share of DE sales (38%) than of city sales (29%), so mix explains part of the headline gap here too.
Five years of city prices
Both cities have risen since 2021. Nottingham's city median went from £170,000 in 2021 to £200,000 in 2025, a rise of 17.6%. Derby's went from £190,000 to £220,000 over the same period, a rise of 15.8%.
What this means when searching by postcode
A property listed under an NG or DE postcode may sit outside the city council. The council name on a listing and the postcode prefix can point to different markets, so check both. The Homecost postcode tool shows the True Cost breakdown for any UK postcode, including council tax. For a starting point, try NG1 1AA for Nottingham city centre or DE1 1AA for Derby city centre.
Related reading:
- Average house price in Nottingham 2026
- Average house price in Derby 2026
- Nottingham, Derby and Leicester: what it costs to buy and run a home in 2026
- Leicester city vs the wider LE postcode area
- The cheapest postcode areas to buy a home in the UK (2026)
- More regional price guides
How the figures were calculated
Sales are HM Land Registry Price Paid Data records completed in 2025, in standard price-paid category A, for detached, semi-detached, terraced and flat homes, including new builds. Each sale is matched to a postcode, and each postcode to a council area using the local authority code from ONS postcode geography. Medians are the middle sale in each group. Council tax is the Band D charge for 2026-27 in each council area. Only councils with at least 500 sales are listed in the council tables.
This is general information, not advice. Speak to a qualified adviser before acting.