NG7 1LB is a residential postcode situated on Park Road, Nottingham, NG7 with 15 addresses.
It ranks as the 436th largest and 557th most expensive of the 1,082 postcodes in the NG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 14 houses and 1 flat.
NG7 1LB is a residential postcode situated on Park Road, Nottingham, NG7 with 15 addresses.
It ranks as the 436th largest and 557th most expensive of the 1,082 postcodes in the NG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 14 houses and 1 flat.
Sale prices range from £141,335 for 2 bedroom freehold houses with a garden (548 ft2) to £287,038 for 5 bedroom freehold houses with a garden (1,679 ft2) .
Monthly rental prices range from £845 pcm for 2 bed houses to £1,234 pcm for 5 bed houses.
The gross rental yield is between 5.2% and 7.4%.
The average value per square foot is £179.
The last sale in NG7 1LB sold for £325,000 on 20th February 2026. Since then prices are down an average of 1.5%.
The current average value in the postcode is £190,499.
The NG7 1LB Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £190,499 |
| April 2025 | 0.9% | £194,556 |
| April 2024 | -2% | £192,732 |
| April 2023 | 3.2% | £196,732 |
| April 2022 | 9.2% | £190,709 |
| April 2021 | 6.7% | £174,684 |
| April 2020 | 2% | £163,781 |
| April 2019 | 5.8% | £160,629 |
| April 2018 | 3% | £151,807 |
| April 2017 | 4.3% | £147,449 |
| April 2016 | 4% | £141,412 |
| April 2015 | 2.8% | £136,034 |
| April 2014 | 7% | £132,318 |
| April 2013 | 2.6% | £123,697 |
| April 2012 | -3% | £120,589 |
| April 2011 | 0.8% | £124,310 |
| April 2010 | 8.6% | £123,375 |
| April 2009 | -16.3% | £113,630 |
| April 2008 | -4.3% | £135,710 |
| April 2007 | 0% | £141,775 |
The current average rental value in the postcode is £1,033.
The NG7 1LB Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £1,033pcm |
| April 2025 | -4.7% | £1,023pcm |
| April 2024 | 3.9% | £1,073pcm |
| April 2023 | 9.8% | £1,033pcm |
| April 2022 | 11.7% | £940pcm |
| April 2021 | 10.1% | £842pcm |
| April 2020 | 4.7% | £765pcm |
| April 2019 | 4.3% | £731pcm |
| April 2018 | 3.8% | £701pcm |
| April 2017 | 1.4% | £675pcm |
| April 2016 | 3.8% | £665pcm |
| April 2015 | 6.9% | £641pcm |
| April 2014 | 1.4% | £600pcm |
| April 2013 | 2.3% | £592pcm |
| April 2012 | 2.1% | £579pcm |
| April 2011 | 2.8% | £566pcm |
| April 2010 | 3.4% | £551pcm |
| April 2009 | -3.5% | £533pcm |
| April 2008 | -2.4% | £552pcm |
| April 2007 | 0% | £566pcm |
The last sale was on 20th February 2026 for £325,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 27 sales since 1995.
NG7 1LB has seen 3 sales in the last three years and 2 sales in the last twelve months.
NG7 1LB is the 436th largest and the 557th most expensive postcode out of the 1,082 postcodes in the NG7 area.
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The closest station to NG7 1LB is Nottingham station which is 1.5 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 NG7 1LB, 77.7% of property is privately rented and 16.2% is socially rented.
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 NG7 1LB, 82.7% of residents are recorded as possessing school level qualifications and 21.1% 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 NG7 1LB, the average age was 26.5 and the most common age was 22.
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 NG7 1LB, 0.0% 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 NG7 1LB, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.