Area market snapshot · in Nottingham

Lace Market property market

Updated 5 October 2026 · refreshed daily

Map: Lace Market is about 2 miles south-east of central Nottingham, in Nottinghamshire.
Median asking price
£142,500↓ 27% below Nottingham

252 for sale · Nottingham £195k

Median sold price · 12 months to February 2026
£170,000↓ 15% below Nottingham

Nottingham £200k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
Lace Market£95,000£142,500£211,250
Nottingham£145,000£195,000£276,500

Each band covers the middle half of asking prices.

How Lace Market differs from Nottingham
  • Flats are 80% of what's for sale, compared to 30% across Nottingham
The last 30 days

More homes left the market in Lace Market than came onto it

New listings
46

↓ 26% · was 62

Price cuts
31

↑ 7% · was 29

Went off market
62

↑ 59% · was 39

Typical time listed
63 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in Lace Market sit by price band, against Nottingham

Homes for sale in Lace Market skew cheaper than in Nottingham

72% of Lace Market listings ask under £200k, a bigger share than Nottingham (51%)

Share of current listings by asking-price band
Price bandLace Market listingsLace Market shareNottingham share
<£100k6425%9%
£100k–150k6526%16%
£150k–200k5321%25%
£200k–250k2410%17%
£250k–300k166%10%
£300k–400k146%11%
£400k–500k42%4%
£500k+125%6%

Prices by property type

Current listings and Land Registry sales in Lace Market, set against Nottingham

Flats are 82% of homes for sale in Lace Market, against 30% across Nottingham

Share of homes for sale by property type
property typeLace MarketNottingham
Flats (206 for sale)£82£30
Terraced (36 for sale)£14£31
Semi-detached (5 for sale)£2£21

Flats in Lace Market ask £130k, about the same as Nottingham flats (£130k)

Median asking price of current listings; the count under each row

Median asking price by property type
property typeLace MarketNottingham
Flats (206 for sale)£130,000£130,000
Terraced (36 for sale)£230,000£180,000
Semi-detached (5 for sale)£230,000£220,000

Price per square foot

Sold · 12 months to August 2026
£199per sq ft↓ 16% below Nottingham

118 matched sales

Nottingham: £237 per sq ft

Asking · current listings
£225per sq ft↓ 3% below Nottingham

145 listings with a known floor area

Nottingham: £231 per sq ft

Sold prices per sq ft in Lace Market are up 14% over 10 years, to £199

Nottingham: up 63% to £237 over the same period

Sold price per square foot over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsLace MarketNottingham
Sept 2016£174£145
Dec 2016£181£148
Mar 2017£183£150
Jun 2017£183£152
Sept 2017£186£157
Dec 2017£186£159
Mar 2018£193£162
Jun 2018£195£162
Sept 2018£196£161
Dec 2018£195£165
Mar 2019£189£166
Jun 2019£184£168
Sept 2019£184£170
Dec 2019£187£171
Mar 2020£191£174
Jun 2020£194£178
Sept 2020£195£181
Dec 2020£196£186
Mar 2021£199£193
Jun 2021£200£196
Sept 2021£209£200
Dec 2021£210£201
Mar 2022£214£203
Jun 2022£215£208
Sept 2022£219£213
Dec 2022£222£221
Mar 2023£224£226
Jun 2023£220£228
Sept 2023£212£229
Dec 2023£218£227
Mar 2024£218£226
Jun 2024£215£225
Sept 2024£211£227
Dec 2024£213£229
Mar 2025£213£236
Jun 2025£214£237
Sept 2025£220£237
Dec 2025£214£240
Mar 2026£210£235
Jun 2026£207£238
Aug 2026£199£237

Homes sold in Lace Market

Completed sales
163↓ 8% vs previous year

Previous 12 months: 178 sales

Median sold price
£170,000↓ 15% below Nottingham

Nottingham: £200,000

The median sold price in Lace Market is up 47% over the last 10 years, to £170k

Nottingham: up 75% to £200k over the same period

Median sold price over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsLace MarketNottingham
Mar 2016£116k£114k
Jun 2016£120k£117k
Sept 2016£121k£120k
Dec 2016£125k£120k
Mar 2017£125k£122k
Jun 2017£124k£123k
Sept 2017£121k£126k
Dec 2017£123k£128k
Mar 2018£125k£130k
Jun 2018£126k£132k
Sept 2018£128k£130k
Dec 2018£134k£134k
Mar 2019£137k£135k
Jun 2019£135k£135k
Sept 2019£135k£135k
Dec 2019£128k£135k
Mar 2020£125k£137k
Jun 2020£134k£140k
Sept 2020£140k£145k
Dec 2020£143k£150k
Mar 2021£145k£158k
Jun 2021£148k£160k
Sept 2021£145k£165k
Dec 2021£150k£166k
Mar 2022£150k£166k
Jun 2022£152k£170k
Sept 2022£152k£171k
Dec 2022£158k£176k
Mar 2023£160k£180k
Jun 2023£160k£183k
Sept 2023£163k£185k
Dec 2023£165k£183k
Mar 2024£160k£182k
Jun 2024£160k£183k
Sept 2024£160k£185k
Dec 2024£157k£187k
Mar 2025£163k£193k
Jun 2025£165k£195k
Sept 2025£165k£195k
Dec 2025£170k£200k
Feb 2026£170k£200k

163 homes sold in Lace Market in the 12 months to February 2026, 20% below Lace Market's five-year norm of 203 a year

Nottingham is 2% below its own five-year norm

Homes sold over time (12-month windows ending each quarter)
Window endsLace Market
Mar 2016403
Jun 2016377
Sept 2016347
Dec 2016313
Mar 2017270
Jun 2017294
Sept 2017292
Dec 2017296
Mar 2018297
Jun 2018290
Sept 2018284
Dec 2018313
Mar 2019295
Jun 2019296
Sept 2019287
Dec 2019258
Mar 2020251
Jun 2020217
Sept 2020200
Dec 2020187
Mar 2021203
Jun 2021225
Sept 2021233
Dec 2021225
Mar 2022211
Jun 2022215
Sept 2022235
Dec 2022247
Mar 2023243
Jun 2023225
Sept 2023187
Dec 2023180
Mar 2024178
Jun 2024178
Sept 2024188
Dec 2024183
Mar 2025179
Jun 2025181
Sept 2025169
Dec 2025166
Feb 2026163

What listings offer

Lace Market has fewer gardens and less parking and fewer chain-free homes than Nottingham.

Gardens
17%

Fewer gardens than Nottingham

17% of listings have a garden; Nottingham: 66%. 43 of 252 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
50%

Less parking than Nottingham

50% of listings have parking or a garage; Nottingham: 67%. 125 of 252 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
30%

Fewer chain-free homes than Nottingham

30% of listings are listed as chain-free; Nottingham: 37%. 76 of 252 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Recent sales in Lace Market

The newest completed sales registered with HM Land Registry

AddressSoldPrice
Flat 16, The Atrium Waterfront Plaza · NG2 3BHFlat · LeaseholdAug 2026£145,000
Apartment 5, 5 Lenton Road · NG7 1DPFlat · LeaseholdAug 2026£325,000
1 Belward Street · NG1 1JZFlat · LeaseholdAug 2026£87,000
Apartment 40, Charles House Park Row · NG1 6GRFlat · LeaseholdAug 2026£168,240
Flat B, 28 The Ropewalk · NG1 5DWFlat · LeaseholdJul 2026£225,000

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the Lace Market market?

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Looking at one home in Lace Market?

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How nearby areas compare

Current listings around Lace Market

AreaFor saleMedian asking
Lace Market252£143k
Sneinton197£140k
The Park234£195k
Mapperley Park160£190k
Carrington192£190k
Nottingham1,471£195k
Sherwood114£205k
Nottinghambenchmark1,471£195k

Key facts about Lace Market

  • Rising: the median sold price in Lace Market is up 47% over the last 10 years and up 5% over the last 12 months.
  • Homes for sale skew cheaper than in Nottingham: 72% of current listings in Lace Market ask under £200k, against 51% across Nottingham.
  • Sales are running well below Lace Market's five-year norm: 163 homes sold in the 12 months to February 2026, against a norm of 203 a year; 46 homes came onto the market in the last 30 days and 62 left it.

Lace Market property market: common questions

Where is Lace Market?

Lace Market is about 2 miles south-east of central Nottingham, in Nottinghamshire. Figures for Lace Market cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.

What is the average house price in Lace Market?

The median asking price across the 252 homes for sale in Lace Market is £142,500 (as of 5 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £95,000 and £211,250. That is 27% below Nottingham. Homes that actually sold in Lace Market went for a median £170,000 (Land Registry, 12 months to February 2026).

Are house prices in Lace Market rising or falling?

Rising. Based on HM Land Registry completed sales, the median sold price in Lace Market is up 47% over the last 10 years and up 5% over the last 12 months (12 months to February 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Is Lace Market cheaper than Nottingham?

Yes: asking prices in Lace Market are typically lower than across Nottingham. The median asking price in Lace Market is £142,500 against £195k across Nottingham: 27% below Nottingham. Some of that gap reflects what is for sale in each place rather than like-for-like value. The saving holds from the lower end to the top of the market.

How many homes are for sale in Lace Market?

252 homes are on the market in Lace Market right now, down 11% since 1 Sept, 46 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

Are house prices being cut in Lace Market?

31 listings in Lace Market had their asking price reduced in the last 30 days, about 12% of the homes currently for sale.

How long are homes on the market in Lace Market?

Of the Lace Market listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 63 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

How much do flats and houses cost in Lace Market?

The median asking price for a flat in Lace Market is £130,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £230,000 across 36 listings. The Prices by property type chart on this page covers every type we track.

How much is a two-bedroom flat in Lace Market?

The median asking price for a two-bedroom flat in Lace Market is £160,000, across 99 current listings.

How much is a three-bedroom house in Lace Market?

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in Lace Market is terraced houses, at a median asking price of £230,000 across 16 listings. The Size × type view on this page covers every combination we track.

What is the price per square foot in Lace Market?

In Lace Market, homes that sold went for a median £199 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £225 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (252 in Lace Market), refreshed daily, as of 5 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings. Figures for Lace Market cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
  • Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Lace Market since February 2026.
  • Nottingham comparisons: The same daily snapshot taken across the whole of Nottingham, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
  • Sold figures: HM Land Registry price paid data. Sold prices and sales counts cover the 12 months to February 2026; sold price per square foot covers the 12 months to August 2026, with floor areas from EPC certificates (the two run on different pipelines, and the latest months are left out while sales are still being registered). England and Wales; new-builds and non-standard transactions excluded.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.