Housing Market Analysis for WEST LANE, NG23 7JB

Are you looking to understand NG23 7JB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newark and Sherwood postcode.

For the location information and nearby amenities in the NG23 7JB area, explore the NG23 7JB Area information page.
For comprehensive crime statistics in the NG23 7JB area, explore the NG23 7JB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG23 7JB postcode area, The average prices are as follows,

  • Other
    • The average price is around £380,000 median price is £380,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £380,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HOLLY COTTAGE WEST LANE: £380,000 (Sold on 29 Mar 2019)
    • The first recorded sale happened at this postcode is HOLLY COTTAGE WEST LANE: £380,000 (Sold on 29 Mar 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average NG23 7JB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£380,000 £2,222 1

All the Sales in the WEST LANE, NG23 7JB

See the table below for more details on the sold house prices in the NG23 7JB, Newark and Sherwood postcode.

AddressSold DatePrice% Change
HOLLY COTTAGE WEST LANEOther, FreeholdArea: 171.02 Sq.mtrAge: before 190029 Mar 2019£380,000First Sale

Check out the sold house prices near the NG23 7JB postcode. Properties currently for saleProperties currently for rent

WEST LANE, NG23 7JB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG23 7JB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG23 7JB postcode.

  • Other
    • The average price is around £279,375 median price is £306,250 Standard Deviation is £99,032 with Total Sold: 4
    • The Last 5 Year average price is £255,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , HOLLY FARM BARN HIGH STREET: £125,000 (Sold on 06 May 2020)
    • The first recorded sale happened at this postcode is , FLEET FARM COTTAGE HIGH STREET: £350,000 (Sold on 03 Dec 2018)
  • Detached
    • The average price is around £253,875 median price is £257,500 Standard Deviation is £122,426 with Total Sold: 8
    • The Last 5 Year average price is £480,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , OLD VICARAGE HIGH STREET: £480,000 (Sold on 13 Dec 2019)
    • The first recorded sale happened at this postcode is , THE OLD CARPENTERS SHOP HIGH STREET: £79,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £245,000 median price is £245,000 Standard Deviation is £5,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , INGRAM HOUSE HIGH STREET: £240,000 (Sold on 02 Feb 2017)
    • The first recorded sale happened at this postcode is , INGRAM HOUSE HIGH STREET: £250,000 (Sold on 11 May 2007)
  • Terraced
    • The average price is around £102,500 median price is £102,500 Standard Deviation is £32,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , LINDUM COTTAGE HIGH STREET: £135,000 (Sold on 27 May 2016)
    • The first recorded sale happened at this postcode is , LINDUM COTTAGE HIGH STREET: £70,000 (Sold on 13 Apr 2012)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£125,000 £598 1
2019£321,250 £2,178 2
2018£350,000 £3,465 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£480,0001
2018£285,000 £1,774 2
2014£205,000 £1,881 1
2008£330,0001
2003£270,0001
1997£97,000 £683 1
1995£79,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£240,000 £1,667 1
2007£250,000 £1,736 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£135,000 £1,534 1
2012£70,000 £795 1

House Type in NG23 7JB area

The most common house types in the NG23 7JB postcode area are Detached (54), Semi-detached (2), and Terraced (2).

Total60
Detached54
Semi-detached2
Terraced2
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Owned: Owns with a mortgage or loan (17).

Owned: Owns outright34
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG23 7JB have 2 people in household (27), and 3 people in household (15).

2 people in household27
3 people in household15
1 person in household13
4 people in household3
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0