NG4 1LY is a residential postcode situated on Prospect Road, Carlton, Nottingham, NG4 with 44 addresses.
It ranks as the 800th largest and 544th most expensive of the 886 postcodes in the NG4 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 44 houses.
NG4 1LY is a residential postcode situated on Prospect Road, Carlton, Nottingham, NG4 with 44 addresses.
It ranks as the 800th largest and 544th most expensive of the 886 postcodes in the NG4 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 44 houses.
Sale prices range from £203,516 for 3 bedroom freehold houses with a garden (676 ft2) to £267,851 for 4 bedroom freehold houses with a garden (1,117 ft2) .
Monthly rental prices range from £1,006 pcm for 3 bed houses to £1,198 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 5.9%.
The average value per square foot is £255.
The last sale in NG4 1LY sold for £217,500 on 17th April 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £232,859.
The NG4 1LY Sales Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.7% | £232,859 |
| April 2025 | 1.1% | £239,390 |
| April 2024 | 0.4% | £236,677 |
| April 2023 | 3.1% | £235,832 |
| April 2022 | 11.2% | £228,673 |
| April 2021 | 7.7% | £205,633 |
| April 2020 | 4.2% | £190,969 |
| April 2019 | 3% | £183,300 |
| April 2018 | 7.1% | £177,888 |
| April 2017 | 5.3% | £166,149 |
| April 2016 | 6.7% | £157,720 |
| April 2015 | 4.8% | £147,763 |
| April 2014 | 4.9% | £141,058 |
| April 2013 | 4.7% | £134,439 |
| April 2012 | 0% | £128,453 |
| April 2011 | -2% | £128,428 |
| April 2010 | 5.5% | £131,107 |
| April 2009 | -12.9% | £124,287 |
| April 2008 | 0.9% | £142,728 |
| April 2007 | 0% | £141,389 |
The current average rental value in the postcode is £1,087.
The NG4 1LY Rental Market has increased by 63.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £1,087pcm |
| April 2025 | 2.1% | £1,078pcm |
| April 2024 | 5% | £1,056pcm |
| April 2023 | 11.6% | £1,006pcm |
| April 2022 | 13.4% | £901pcm |
| April 2021 | 4.2% | £795pcm |
| April 2020 | 3.3% | £763pcm |
| April 2019 | 4.2% | £738pcm |
| April 2018 | 3.5% | £709pcm |
| April 2017 | 2.7% | £685pcm |
| April 2016 | 6.1% | £667pcm |
| April 2015 | 3.7% | £628pcm |
| April 2014 | 3% | £606pcm |
| April 2013 | 1.7% | £588pcm |
| April 2012 | 1.2% | £578pcm |
| April 2011 | 2.9% | £572pcm |
| April 2010 | 3.8% | £556pcm |
| April 2009 | -6.4% | £535pcm |
| April 2008 | 2.7% | £572pcm |
| April 2007 | 0% | £557pcm |
The last sale was on 17th April 2025 for £217,500 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 65 sales since 1995.
NG4 1LY has seen 4 sales in the last three years and no sales in the last twelve months.
NG4 1LY is the 800th largest and the 544th most expensive postcode out of the 886 postcodes in the NG4 area.
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The closest station to NG4 1LY is Carlton station which is 2.4 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NG4 1LY, 54.1% of property is privately owned with a mortgage and 36.1% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NG4 1LY, 20.7% of residents are recorded as possessing school level qualifications and 28.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG4 1LY, the average age was 40.7 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NG4 1LY, 0.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NG4 1LY, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.