Proppys
UK Region Guide

East Midlands

Nottingham and Leicester dominate. Strong student demand, growing logistics employment around the M1 corridor, and good commuter access to London.

Region avg yield
4.7%
weighted by sales volume
Best city
Nottingham
5.5% gross yield
Region avg price
£223k
all property types
Rental demand
Balanced
8 cities · 30 postcodes

Cities & towns in East Midlands

City / TownAvg yieldAvg priceDemandSales (12mo)
Nottingham
5.5%£222kBalanced3,813View guide
Boston
4.8%£170kBalanced548View guide
Northampton
4.8%£258kBalanced3,387View guide
Leicester
4.6%£245kBalanced3,659View guide
Derby
4.6%£207kBalanced2,326View guide
Mansfield
4.5%£182kBalanced1,412View guide
Lincoln
4.5%£219kBalanced2,612View guide
Chesterfield
4.0%£191kBalanced1,692View guide
Ownership mix
East Midlands vs UK average · 2,822,728 dwellings · Source: ONS Census 2021
Distinct tenure mix: 35% owned outright (2pp higher than the UK average of 33%).
Owned outrightNo mortgage on the property
35.0%(UK 32.9%)
+2.1pp vs UK
Owned with mortgageIncluding shared ownership
30.5%(UK 29.7%)
+0.8pp vs UK
Privately rented (BTL)Private landlord or letting agent
18.6%(UK 20.3%)
-1.7pp vs UK
Socially rentedCouncil or housing association
15.9%(UK 17.1%)
-1.2pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Aggregates are transaction-count weighted from HM Land Registry medians + PropertyData rents. Ownership mix is dwelling-weighted from ONS Census 2021. This page does not constitute financial advice.