Housing Market Analysis for RIO DRIVE, NG23 7NB

Are you looking to understand NG23 7NB 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 7NB area, explore the NG23 7NB Area information page.
For comprehensive crime statistics in the NG23 7NB area, explore the NG23 7NB Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £255,415 median price is £243,616 Standard Deviation is £141,805 with Total Sold: 24
- The Last 5 Year average price is £341,000 with Total Sold: 2
- The most recent sale happened at this postcode is 2 RIO DRIVE: £530,000 (Sold on 19 Apr 2022)
- The first recorded sale happened at this postcode is 11 RIO DRIVE: £57,000 (Sold on 30 Jul 1999)
Terraced
- The average price is around £137,500 median price is £137,500 Standard Deviation is £12,500 with Total Sold: 2
- The most recent sale happened at this postcode is 7 RIO DRIVE: £150,000 (Sold on 23 Sep 2016)
- The first recorded sale happened at this postcode is 7 RIO DRIVE: £125,000 (Sold on 10 Aug 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average NG23 7NB 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£530,000	£3,099	1
2020	£152,000	£4,465	1
2015	£587,500	£2,410	1
2011	£410,000	£1,473	1
2007	£372,500		2
2005	£135,000	£2,177	1
2004	£337,500		1
2002	£267,714	£1,287	7
2001	£196,564		2
2000	£286,116	£1,333	2
1999	£78,718	£1,387	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£150,000	£2,419	1
2012	£125,000	£2,016	1

All the Sales in the RIO DRIVE, NG23 7NB

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

Address	Sold Date	Price	% Change
2 RIO DRIVEDetached, FreeholdArea: 171 Sq.mtrAge: 1996-2002	19 Apr 2022	£530,000	227.99%
2 RIO DRIVEDetached, FreeholdArea: 171 Sq.mtrAge: 1996-2002	06 Sep 1999	£161,590	First Sale
9 RIO DRIVEDetached, FreeholdArea: 34.039 Sq.mtrAge: 1996-2002	05 Feb 2020	£152,000	166.67%
	30 Jul 1999	£57,000	First Sale
7 RIO DRIVETerraced, FreeholdArea: 62 Sq.mtrAge: 1996-2002	23 Sep 2016	£150,000	20.00%
	10 Aug 2012	£125,000	-7.41%
	01 Jul 2005	£135,000	128.81%
	30 Jul 1999	£59,000	First Sale
19 RIO DRIVEDetached, FreeholdArea: 243.76 Sq.mtrAge: 1996-2002	18 Aug 2015	£587,500	80.77%
	08 Dec 2000	£325,000	First Sale
21 RIO DRIVEDetached, FreeholdArea: 278.42 Sq.mtrAge: 1996-2002	03 Jun 2011	£410,000	22.39%
	28 Jun 2002	£335,000	First Sale
23 RIO DRIVEDetached, Freehold	02 Mar 2007	£430,000	44.30%
23 RIO DRIVEDetached, Freehold	16 May 2002	£298,000	First Sale
6 RIO DRIVEDetached, Freehold	21 Feb 2007	£315,000	99.20%
6 RIO DRIVEDetached, Freehold	09 Oct 2001	£158,129	First Sale
10 RIO DRIVEDetached, Freehold	30 Nov 2004	£337,500	87.50%
10 RIO DRIVEDetached, Freehold	31 May 2002	£180,000	First Sale
27 RIO DRIVEDetached, FreeholdArea: 246 Sq.mtrAge: 1996-2002	22 Nov 2002	£337,000	First Sale
29 RIO DRIVEDetached, Freehold	18 Oct 2002	£240,000	First Sale
25 RIO DRIVEDetached, Freehold	26 Jul 2002	£299,000	First Sale
8 RIO DRIVEDetached, Freehold	10 May 2002	£185,000	First Sale
4 RIO DRIVEDetached, Freehold	29 Oct 2001	£235,000	First Sale
17 RIO DRIVEDetached, Freehold	08 Dec 2000	£247,233	First Sale
15 RIO DRIVEDetached, FreeholdArea: 33.828 Sq.mtrAge: 1996-2002	31 Aug 1999	£59,000	First Sale
11 RIO DRIVEDetached, FreeholdArea: 35.24 Sq.mtrAge: 1996-2002	30 Jul 1999	£57,000	First Sale

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

RIO DRIVE, NG23 7NB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG23 7NB 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 7NB postcode.

Detached
- The average price is around £209,665 median price is £186,500 Standard Deviation is £120,250 with Total Sold: 512
- The Last 5 Year average price is £347,349 with Total Sold: 69
- The most recent sale happened at this postcode is , 12 PETERBOROUGH ROAD: £225,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 35 THE HEMPLANDS: £67,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £129,394 median price is £125,000 Standard Deviation is £75,763 with Total Sold: 51
- The Last 5 Year average price is £223,143 with Total Sold: 7
- The most recent sale happened at this postcode is , 5 CREW ROAD: £213,000 (Sold on 15 Feb 2024)
- The first recorded sale happened at this postcode is , 10 MOOR ROAD: £39,950 (Sold on 22 Feb 1995)
Semi-Detached
- The average price is around £140,435 median price is £131,000 Standard Deviation is £75,907 with Total Sold: 177
- The Last 5 Year average price is £196,231 with Total Sold: 29
- The most recent sale happened at this postcode is , 4 VINE FARMYARD: £197,000 (Sold on 06 Feb 2024)
- The first recorded sale happened at this postcode is , 2 MONKWOOD CLOSE: £45,000 (Sold on 17 Feb 1995)
Other
- The average price is around £514,000 median price is £561,250 Standard Deviation is £219,843 with Total Sold: 4
- The Last 5 Year average price is £466,750 with Total Sold: 2
- The most recent sale happened at this postcode is , 27 WOODHILL ROAD: £760,000 (Sold on 29 Jul 2021)
- The first recorded sale happened at this postcode is , 138 HIGH STREET: £640,000 (Sold on 14 Nov 2016)
Flat
- The average price is around £107,500 median price is £104,500 Standard Deviation is £28,182 with Total Sold: 4
- The most recent sale happened at this postcode is , 7 BROOKLANDS CLOSE: £145,000 (Sold on 23 Aug 2016)
- The first recorded sale happened at this postcode is , 9A QUEEN STREET: £76,000 (Sold on 06 Sep 2002)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,900	£3,269	3
2023	£368,875	£3,510	8
2022	£396,636	£3,210	11
2021	£361,438	£2,915	26
2020	£332,200	£2,511	10
2019	£276,909	£2,402	11
2018	£290,530	£2,601	20
2017	£294,775	£2,402	18
2016	£289,743	£1,936	14
2015	£265,464	£2,117	17
2014	£257,718	£2,000	25
2013	£212,448	£1,781	21
2012	£207,914	£1,794	18
2011	£187,750	£1,884	15
2010	£192,094	£1,827	16
2009	£216,278	£1,856	16
2008	£185,250	£1,651	10
2007	£250,521	£2,080	19
2006	£231,064	£2,064	28
2005	£202,677	£1,861	11
2004	£219,230	£1,729	13
2003	£180,265	£1,608	15
2002	£191,998	£1,254	21
2001	£119,272	£908	22
2000	£137,243	£944	28
1999	£87,640	£989	21
1998	£108,460	£832	14
1997	£70,620	£677	25
1996	£89,534	£687	19
1995	£88,738	£780	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,000	£4,571	1
2023	£400,000		1
2022	£237,500	£4,185	2
2021	£235,000	£2,554	1
2020	£119,500	£2,104	2
2018	£90,000	£1,364	1
2017	£169,000	£1,792	2
2016	£175,000	£2,169	4
2015	£160,417	£1,986	6
2012	£125,000	£2,016	1
2011	£147,850		2
2010	£120,000	£2,258	1
2009	£107,500	£2,307	1
2007	£162,725		2
2006	£231,000	£2,180	2
2004	£106,000	£1,735	2
2003	£134,000	£1,202	2
2001	£65,912	£927	4
2000	£63,500	£1,037	2
1999	£52,333	£898	3
1998	£60,965	£777	5
1997	£48,750	£865	2
1996	£41,000	£777	1
1995	£39,950	£768	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,500	£3,005	2
2023	£279,500	£4,108	2
2022	£197,583	£3,308	6
2021	£204,000	£2,983	5
2020	£179,800	£2,864	9
2019	£186,200	£2,847	5
2018	£168,312	£2,634	8
2017	£322,000	£2,206	1
2016	£285,738	£2,099	4
2015	£196,071	£2,243	7
2014	£143,181	£2,216	8
2013	£163,918	£1,934	14
2012	£108,286	£2,015	7
2011	£168,100	£2,143	5
2010	£136,700	£2,304	5
2009	£102,000	£1,830	2
2008	£174,700	£2,360	5
2007	£153,571	£2,217	7
2006	£158,994	£2,030	8
2005	£133,250	£1,938	6
2004	£168,575	£1,681	4
2003	£131,367	£1,665	6
2002	£83,956	£1,286	8
2001	£86,586	£987	11
2000	£56,250	£900	4
1999	£67,142	£748	6
1998	£81,492	£746	7
1997	£50,292	£771	4
1996	£51,858	£710	6
1995	£47,770	£803	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£760,000		1
2020	£173,500		1
2018	£482,500	£3,093	1
2016	£640,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£145,000	£1,198	1
2015	£124,000	£1,025	1
2005	£85,000		1
2002	£76,000		1

House Type in NG23 7NB area

The most common house types in the NG23 7NB postcode area are Detached (126), Semi-detached (7), and Terraced (2).

Total	135
Detached	126
Semi-detached	7
Terraced	2
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (98), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright	98
Owned: Owns with a mortgage or loan	25
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NG23 7NB have 2 people in household (72), and 1 person in household (40).

2 people in household	72
1 person in household	40
4 people in household	14
3 people in household	9
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0