The growth in house prices in Nottingham over the last 12 months was among the fastest in the country, according to new figures. Average house prices in the area rose by 13% in the year to the end of November 2022, according to data from the Halifax bank.
This was slightly below the the national average increase of 15.2%. However, in the Halifax's top 20 list of cities and towns in England and Wales with the strongest annual percentage increases in house prices, Nottingham came in at number 18.
Nottingham properties sold for an average £286,696 over the year, up £32,966 the previous 12 months. York saw the highest property price inflation of any town or city in England and Wales during 2022, growing by 23.1% (£69,648) over the course of the last year.
