Housing Market Analysis for NORWELL LANE, NG24 2PE

Are you looking to understand NG24 2PE 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 NG24 2PE area, explore the NG24 2PE Area information page.
For comprehensive crime statistics in the NG24 2PE area, explore the NG24 2PE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG24 2PE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £20,000 median price is £20,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WHITE COTTAGE NORWELL LANE: £20,000 (Sold on 04 Aug 1998)
    • The first recorded sale happened at this postcode is WHITE COTTAGE NORWELL LANE: £20,000 (Sold on 04 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 2PE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£20,0001

All the Sales in the NORWELL LANE, NG24 2PE

See the table below for more details on the sold house prices in the NG24 2PE, Newark and Sherwood postcode.

AddressSold DatePrice% Change
WHITE COTTAGE NORWELL LANEDetached, Freehold04 Aug 1998£20,000First Sale

Check out the sold house prices near the NG24 2PE postcode. Properties currently for saleProperties currently for rent

NORWELL LANE, NG24 2PE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG24 2PE 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 NG24 2PE postcode.

  • Detached
    • The average price is around £231,667 median price is £325,000 Standard Deviation is £150,019 with Total Sold: 3
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ROSEBANK COTTAGE STAPLEFORD LANE: £350,000 (Sold on 23 Aug 2019)
    • The first recorded sale happened at this postcode is , WHITE COTTAGE NORWELL LANE: £20,000 (Sold on 04 Aug 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£350,000 £1,813 1
2004£325,0001
1998£20,0001

House Type in NG24 2PE area

The most common house types in the NG24 2PE postcode area are Detached (49), Semi-detached (22), and Terraced (2).

Total75
Detached49
Semi-detached22
Terraced2
Flat1
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright37
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency12
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NG24 2PE have 2 people in household (38), and 1 person in household (12).

2 people in household38
1 person in household12
3 people in household12
4 people in household10
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0