Prospect Road - NG4 1LY
Key Postcode Insights
NG4 1LY is a residential postcode situated on Prospect Road, Carlton, Nottingham, NG4 with 44 addresses.
It ranks as the 800th largest and 577th most expensive of the 886 postcodes in the NG4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £244,225
- 10 Year change
- up 48.4%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 63.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
NG4 1LY is a residential postcode situated on Prospect Road, Carlton, Nottingham, NG4 with 44 addresses.
It ranks as the 800th largest and 577th most expensive of the 886 postcodes in the NG4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £244,225
- 10 Year change
- up 48.4%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 63.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin NG4 1LY
- 2 Prospect Road
3 Bed Early-century House
- 4 Prospect Road
Unknown
- 6 Prospect Road
Unknown
- 8 Prospect Road
3 Bed Early-century House
- 10 Prospect Road
Unknown
Sales Market Trends
The last sale in NG4 1LY sold for £312,500 on 12th September 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £244,225.
The NG4 1LY Sales Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £244,225 |
| June 2025 | 0.9% | £248,569 |
| June 2024 | 1.2% | £246,341 |
| June 2023 | 1% | £243,499 |
| June 2022 | 11.5% | £241,092 |
| June 2021 | 8% | £216,161 |
| June 2020 | 4.4% | £200,065 |
| June 2019 | 3.9% | £191,597 |
| June 2018 | 6.5% | £184,329 |
| June 2017 | 5.1% | £173,068 |
| June 2016 | 6.1% | £164,613 |
| June 2015 | 4.5% | £155,117 |
| June 2014 | 6.3% | £148,492 |
| June 2013 | 1% | £139,705 |
| June 2012 | 3% | £138,306 |
| June 2011 | -2.4% | £134,277 |
| June 2010 | 6.1% | £137,608 |
| June 2009 | -11.1% | £129,745 |
| June 2008 | -1.3% | £145,917 |
| June 2007 | 0% | £147,873 |
Rental Market Trends
The current average rental value in the postcode is £1,121.
The NG4 1LY Rental Market has increased by 63.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £1,121pcm |
| June 2025 | 1.7% | £1,109pcm |
| June 2024 | 4.8% | £1,091pcm |
| June 2023 | 10.5% | £1,040pcm |
| June 2022 | 13% | £942pcm |
| June 2021 | 5.4% | £833pcm |
| June 2020 | 3.8% | £791pcm |
| June 2019 | 3.5% | £762pcm |
| June 2018 | 3.4% | £736pcm |
| June 2017 | 3.6% | £712pcm |
| June 2016 | 6% | £688pcm |
| June 2015 | 4% | £649pcm |
| June 2014 | 3% | £624pcm |
| June 2013 | 1.2% | £606pcm |
| June 2012 | 1.1% | £599pcm |
| June 2011 | 3.5% | £592pcm |
| June 2010 | 4.9% | £572pcm |
| June 2009 | -7.7% | £545pcm |
| June 2008 | 3% | £591pcm |
| June 2007 | 0% | £574pcm |
Sales History
The last sale was on 12th September 2025 for £312,500 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 66 sales since 1995.
NG4 1LY has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£312,500 | 3 Bed House38, Prospect Road, Nottingham, NG4 1LY38, Prospect Road, Nottingham, NG4 1LY
- Sold Apr 2025£217,500 | 3 Bed House84, Prospect Road, Nottingham, NG4 1LY84, Prospect Road, Nottingham, NG4 1LY
- Sold Jul 2024£220,000 | 3 Bed House86, Prospect Road, Nottingham, NG4 1LY86, Prospect Road, Nottingham, NG4 1LY
- Sold Jun 2023£300,000 | 3 Bed House26, Prospect Road, Nottingham, NG4 1LY26, Prospect Road, Nottingham, NG4 1LY
- Sold May 2023£260,000 | 3 Bed House30, Prospect Road, Nottingham, NG4 1LY30, Prospect Road, Nottingham, NG4 1LY
Nearby Postcodes
NG4 1LY is the 800th largest and the 577th most expensive postcode out of the 886 postcodes in the NG4 area.
- NG4 1LX, Prospect Road, Carlton, Nottingham, NG4NG4 1LX41 Addresses|34 m away
- NG4 1QB, Foxhill Road, Carlton, Nottingham, NG4NG4 1QB34 Addresses|70 m away
- NG4 1PZ, Foxhill Road, Carlton, Nottingham, NG4NG4 1PZ37 Addresses|106 m away
- NG4 1LQ, Hillcrest View, Carlton, Nottingham, NG4NG4 1LQ42 Addresses|134 m away
- NG4 1NB, Calverton Avenue, Carlton, Nottingham, NG4NG4 1NB39 Addresses|136 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 3 houses of an unknown age
- 24 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- mid-century house (1)
- house (3)
- early-century house (24)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (1)
- C (2)
- G (0)
- D (14)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Sep 2025£312,500 | 3 Bed House38, Prospect Road, Nottingham, NG4 1LY38, Prospect Road, Nottingham, NG4 1LY
- Sold Jun 2023£300,000 | 3 Bed House26, Prospect Road, Nottingham, NG4 1LY26, Prospect Road, Nottingham, NG4 1LY
- Sold Feb 2025£280,000 | 3 Bed House43, Prospect Road, Nottingham, NG4 1LX43, Prospect Road, Nottingham, NG4 1LX
Schools Nearby
- Porchester Junior School300 m away
- Standhill Infants' School600 m away
- Hogarth Academy900 m away
- Carlton Academy700 m away
- The Wells Academy1.2 km away
- Arnold Hill Spencer Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to NG4 1LY is Carlton station, which is 2.4 kilometres away.
- Carlton|2.4 km away
- Netherfield|2.6 km away
- Nottingham|3.6 km away
- Burton Joyce|5.0 km away
