The Real Cost of Buying a First Home in Keyworth
A first purchase at the £380,000 Keyworth average needs about £45,300 in cash, made up of £38,000 deposit, £4,000 stamp duty with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
A first purchase at the £380,000 Keyworth average needs about £45,300 in cash, made up of £38,000 deposit, £4,000 stamp duty with first time buyer relief, and roughly £3,300 in fees.
Every pound you need before completion in Keyworth
On the local average the deposit is £38,000, stamp duty is £4,000 and fees are near £3,300. Total cash needed is about £45,300.
First time buyer relief saves you £5,000 against the standard charge of £9,000 at this price. Rates are those in force from April 2025. Confirm the current position on gov.uk before you exchange.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Keyworth.
Borrowing power on a Keyworth income
What the first year actually costs
Band D council tax in Nottinghamshire is £2,624 a year, which is £219 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
The Keyworth detail first buyers ask about
The schools families ask about here are The South Wolds Academy & Sixth Form, Willow Brook Primary School and Crossdale Primary School. 1 local school was rated Good or Outstanding overall at its most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Keyworth to Nottingham city centre takes about 30 to 40 min.
By price, Keyworth ranks 4 of the 27 Nottinghamshire locations we cover, at £380,000 against a county average of £265,370.
Average prices sit below the £500,000 relief ceiling, so most first purchases here still qualify. Check your own price against the threshold.
What your money buys in Keyworth
Keyworth is a large, desirable wolds village south-east of Nottingham.
The full local guide covers schools, transport and the market in detail: Keyworth property and area guide.
| Budget | What it buys here |
|---|---|
| Around £230,000 to £340,000 | A period cottage, terrace or smaller home, the more accessible way into the village. |
| Around £340,000 to £500,000 | An interwar or later semi, or a newer estate home, a classic Keyworth family home. |
| £450,000 and above | A larger detached house on the smarter roads or newer estates, the top of the village market. |
- A desirable, well-served wolds village
- Its own secondary (South Wolds Academy) & good primaries
- The British Geological Survey as a major local employer
- Open wolds countryside on the doorstep
- A genuine village feel & strong community
- A premium village, above the county average
- No railway station in the village
- You commute by bus into Nottingham or drive to a station
- City-centre buzz is a journey away
- Period cottages can have non-standard construction
Keyworth is known locally for The British Geological Survey. The British Geological Survey, whose national headquarters at Nicker Hill, Keyworth, is the UK's premier geoscience research centre, a major local employer and a genuine point of pride for the village.
Practical detail for Keyworth: the NG12 postcode district and nearest A and E is Nottingham Queen's Medical Centre (QMC), a drive; verify with NHS.
Keyworth at a glance
| Upfront cost | Keyworth figure |
|---|---|
| Average price | £380,000 |
| Deposit at 10% | £38,000 |
| Stamp duty, first time buyer | £4,000 |
| Stamp duty, standard rate | £9,000 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £45,300 |
| Monthly repayment illustration | £1,999 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Keyworth
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £45,300, not just the deposit
- Your stamp duty position confirmed on gov.uk
- A first year running cost budget including £2,624 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Keyworth
Broadband speeds can vary street by street in Keyworth, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Keyworth?
Do first time buyers pay stamp duty in Keyworth?
What is the biggest hidden cost?
How do I check broadband speed at a property in Keyworth?
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