Nottingham's postcode area reaches from the historic market town of Southwell in the east to the dense urban core of the city itself. It is a patchwork of contrasts, where the gentle countryside of NG25 gives way to the vibrant pulse of NG1. This profile explores the numbers that define a place shaped by both its Georgian market squares and its industrial heritage.
At a Glance
Nottingham at a glance
- Population: about 1,224,637
- Postcode districts: 31
- Average sale price: £251,248 (-28% vs the England and Wales average)
- Schools rated Outstanding: 9.1% (34 of 375)
The Nottingham postcode area covers 31 districts and is home to roughly 1,224,637 people. The average house price sits at £251,248, which is 28 per cent below the England and Wales average. The most expensive district is NG25 (Southwell) at £416,324; the cheapest is NG1 (Nottingham) at £172,700, a gap of about 2.4 times. Deprivation across the area averages a decile of 5.6 out of 10 (where 1 is most deprived and 10 least), ranging from 3 to 8. Of 375 Ofsted rated schools, 9.1 per cent hold the top grade Outstanding.
The Property Divide
| Postcode district | Average price | |
|---|---|---|
| Most expensive district | NG25 (Southwell) | £416,324 |
| Least expensive district | NG1 (Nottingham) | £172,700 |
Housing in the Nottingham postcode area tells a story of two markets. At the top end, Southwell (NG25) commands an average sale price of £416,324, a figure that reflects its attractive Georgian architecture, good schools and commuter appeal to both Nottingham and Newark. At the other extreme, Nottingham city centre (NG1) averages just £172,700 - the cheapest district in the entire area, driven by a high proportion of flats and student accommodation. The ratio between the dearest and cheapest districts is 2.4 times, a relatively modest gap by national standards but one that underscores how sharply prices change as you move out from the urban core.
The average across all districts of £251,248 sits 28 per cent below the England and Wales average, meaning housing here is notably more affordable than in many other parts of the country. This price advantage is a key factor for first‑time buyers and families looking to stretch their budgets without sacrificing access to a major city.
Rich and Poor
Deprivation in Nottingham’s postcode districts spans a wide range. The average Index of Multiple Deprivation decile is 5.6 - almost exactly the national midpoint. But individual districts vary from a decile of 3 (among the most deprived fifth of neighbourhoods in England) to 8 (among the least deprived fifth). This suggests that within the same postcode area you can find pockets of serious disadvantage alongside areas of relative affluence. The city centre and inner eastern suburbs tend toward higher deprivation, while outer districts such as Southwell and parts of West Bridgford enjoy much better living standards.
Schools
Of the 375 Ofsted‑rated schools in the Nottingham postcode area, just 9.1 per cent have achieved the top grade of Outstanding. That is a relatively low proportion compared to the national average, which is around 19 per cent. The remainder are mostly Good or Requires Improvement, with a small number rated Inadequate. Parents in the area may find that the best performing schools are concentrated in the more affluent districts, a common pattern across England’s postcode regions.
The Bottom Line
Nottingham’s postcode area offers a clear choice: affordable urban living in the city centre or more expensive, leafier suburbs and market towns. The property gap of 2.4 times between cheapest and dearest districts is relatively contained, but the variation in deprivation and school quality is wide. For buyers and families, the Nottingham postcode area represents good value compared to much of southern England, though the trade‑offs between price, school performance and local amenities are as stark as ever. Whether you settle in the historic lanes of Southwell or the bustling streets of NG1, the numbers show a place of genuine diversity, both in postcode and in prospect.



