House prices in Nottingham city are currently "substantially below" the UK average, according to one property expert. The same property commentator added that it is also one of the best performing cities in the UK for house price growth, according to current figures.
Richard Donnell, executive director at Zoopla said: "House price growth in Nottingham is currently sitting at 10.9% and it's currently one of the best performing cities in terms of house price growth in the UK - sitting above the likes of Manchester (9%), Leeds (9.2%) and Bristol (8.8%). This is largely driven by the relative affordability of housing stock in the city. The average house price in Nottingham is £195,600 - which is substantially below the UK average house price of £256,900."
So where does that leave those looking to buy their first home? Well, while the average property price is still a hefty amount of money to find if you're looking to get onto the property ladder, there are homes in the city and around the county that are more attainable, after all we are talking about 'average' prices in the figures above.
