Chesterfield vs Nottingham: buying or renting a home
A typical terraced house costs £30,000 (20%) more in Nottingham than in Chesterfield. Measured against local pay, buying is harder in Nottingham: it takes 5.8× median annual pay, against 4.2× in Chesterfield.
At a glance
| Chesterfield | Nottingham | |
|---|---|---|
| Buying a home | Fairly affordable | Fairly affordable |
| Renting a home | Fairly affordable | Expensive |
| Recorded crime | Above average | Above average |
Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.
What the numbers say
Median full-time pay in Nottingham (£30,798) is 14% lower than in Chesterfield (£35,920), while a typical terraced house costs 20% more (£180,000 against £150,000). Set against local pay, Chesterfield is the easier of the two for a typical earner to buy in.
Buying a terraced house takes 4.2× annual pay in Chesterfield and 5.8× in Nottingham. Renting one takes 25% of pay in Chesterfield and 39% in Nottingham. Both are harder in Nottingham, and the gap is wider for renting.
Across all property types and measured against pay, Chesterfield is the 43rd least expensive of 316 areas to buy in, and Nottingham is the 92nd least expensive of 316 areas. For renting against pay, Chesterfield is the 36th least expensive of 316 areas and Nottingham is the 87th most expensive of 316 areas.
Someone on £40,000 in Chesterfield would need about £48,000 in Nottingham to be equally placed to buy a terraced house, and about £54,000 to be equally placed to rent one. Keeping the same pay after a move to Nottingham would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.
Police recorded 100.8 crimes per 1,000 residents in Chesterfield and 124.9 in Nottingham, so recorded crime per resident is 24% higher in Nottingham. The biggest difference is in residential burglary: 4.6 per 1,000 in Chesterfield against 8.0 in Nottingham.
Can a typical earner buy?
| Terraced house | Chesterfield | Nottingham |
|---|---|---|
| Median full-time pay | £35,920 | £30,798 |
| House price ÷ pay | 4.2× | 5.8× |
| Median pay as a share of income typically needed to buy | 120% | 86% |
| Rent a year as a share of median pay | 25% | 39% |
Buying, by property type
| Type | Chesterfield | Nottingham | Difference |
|---|---|---|---|
| Detached | £325,000 | £310,000 | -5% in Nottingham |
| Semi-detached | £192,000 | £210,000 | +9% in Nottingham |
| Terraced | £150,000 | £180,000 | +20% in Nottingham |
Renting, by property type
| Type (average rent a month) | Chesterfield | Nottingham | Difference |
|---|---|---|---|
| Detached | £978 | £1,306 | +34% in Nottingham |
| Semi-detached | £810 | £1,060 | +31% in Nottingham |
| Terraced | £734 | £993 | +35% in Nottingham |
Crime
Police recorded 100.8 crimes per 1,000 residents in Chesterfield and 124.9 in Nottingham, so recorded crime per resident is 24% higher in Nottingham.
| Police recorded crime per 1,000 residents | Chesterfield | Nottingham | Difference |
|---|---|---|---|
| All recorded crime (excluding fraud) | 100.8 | 124.9 | +24% in Nottingham |
| Violence against the person | 45.1 | 41.4 | -8% in Nottingham |
| Sexual offences | 3.9 | 5.2 | +32% in Nottingham |
| Robbery | 1.1 | 3.1 | +187% in Nottingham |
| Residential burglary (per 1,000 households) | 4.6 | 8.0 | +73% in Nottingham |
| Vehicle offences | 4.3 | 6.9 | +61% in Nottingham |
| Theft from the person | 0.8 | 2.1 | +149% in Nottingham |
| Criminal damage and arson | 8.7 | 11.7 | +35% in Nottingham |
Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.
How prices have changed in each area
Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.
Show the figures
| Year | Chesterfield | Nottingham |
|---|---|---|
| 2005 | 100 | 100 |
| 2006 | 107 | 103 |
| 2007 | 114 | 104 |
| 2008 | 112 | 98 |
| 2009 | 99 | 88 |
| 2010 | 102 | 91 |
| 2011 | 100 | 88 |
| 2012 | 102 | 89 |
| 2013 | 103 | 90 |
| 2014 | 109 | 98 |
| 2015 | 113 | 103 |
| 2016 | 119 | 111 |
| 2017 | 125 | 119 |
| 2018 | 130 | 126 |
| 2019 | 132 | 129 |
| 2020 | 136 | 137 |
| 2021 | 149 | 153 |
| 2022 | 161 | 170 |
| 2023 | 164 | 176 |
| 2024 | 162 | 175 |
| 2025 | 168 | 178 |
| 12 months to July 2026 | 171 | 178 |
In 2005 the average home cost £117,169 in Chesterfield and £108,416 in Nottingham. Now it is £199,810 and £192,813: Chesterfield is up 71% and Nottingham is up 78%. Prices have risen faster in Nottingham, so the gap between the two has narrowed.
Buying a home against local pay, over time
Average house price divided by median full-time pay. Higher means harder to afford.
Show the figures
| Year | Chesterfield | Nottingham |
|---|---|---|
| 2005 | 5.3 years of pay | 5.3 years of pay |
| 2010 | 5.0 years of pay | 4.5 years of pay |
| 2015 | 5.1 years of pay | 5.0 years of pay |
| 2020 | 5.8 years of pay | 5.9 years of pay |
| 2025 | 5.5 years of pay | 6.3 years of pay |
In 2005 a home cost 5.3 years of pay in Chesterfield and 5.3 years in Nottingham. In 2025 it was 5.5 years and 6.3 years.
Affordability has worsened more in Nottingham over that time.
How rents have changed in each area
Average monthly rent for all property types, indexed so that 2015 is 100.
Show the figures
| Year | Chesterfield | Nottingham |
|---|---|---|
| 2015 | 100 | 100 |
| 2016 | 100 | 100 |
| 2017 | 104 | 102 |
| 2018 | 106 | 109 |
| 2019 | 109 | 115 |
| 2020 | 111 | 116 |
| 2021 | 115 | 119 |
| 2022 | 120 | 128 |
| 2023 | 122 | 138 |
| 2024 | 134 | 151 |
| 2025 | 143 | 162 |
| August 2026 | 149 | 167 |
In 2015 the average rent was £508 a month in Chesterfield and £606 in Nottingham. Now it is £758 and £1,014: up 49% in Chesterfield and up 67% in Nottingham. Rents have risen faster in Nottingham.
What your salary is worth in each area
Salary needed to afford the same kind of home (terraced), going by median prices and average rents.
Moving from Chesterfield to Nottingham
| Earning in Chesterfield | Equivalent to buy in Nottingham | Equivalent to rent in Nottingham |
|---|---|---|
| £30,000 | £36,000 | £40,500 |
| £40,000 | £48,000 | £54,000 |
| £50,000 | £60,000 | £67,500 |
| £60,000 | £72,000 | £81,000 |
Moving from Nottingham to Chesterfield
| Earning in Nottingham | Equivalent to buy in Chesterfield | Equivalent to rent in Chesterfield |
|---|---|---|
| £30,000 | £25,000 | £22,000 |
| £40,000 | £33,500 | £29,500 |
| £50,000 | £41,500 | £37,000 |
| £60,000 | £50,000 | £44,500 |