Housing Market Analysis for DROVE LANE, NG24 2RA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £234,687 median price is £239,998 Standard Deviation is £98,860 with Total Sold: 8
    • The most recent sale happened at this postcode is 6 DROVE LANE: £360,000 (Sold on 11 Mar 2016)
    • The first recorded sale happened at this postcode is 6 DROVE LANE: £38,500 (Sold on 08 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 2RA 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
2016£360,000 £1,818 1
2013£299,999 £1,515 1
2010£249,9951
2007£345,000 £1,742 1
2002£212,500 £1,331 2
1997£159,000 £803 1
1996£38,500 £194 1

All the Sales in the DROVE LANE, NG24 2RA

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

AddressSold DatePrice% Change
6 DROVE LANEDetached, FreeholdArea: 198 Sq.mtrAge: 1996-200211 Mar 2016£360,00020.00%
05 Apr 2013£299,999-13.04%
18 Apr 2007£345,00050.00%
08 Mar 2002£230,00044.65%
04 Jun 1997£159,000312.99%
08 Aug 1996£38,500First Sale
1 DROVE LANEDetached, Freehold07 Jan 2010£249,995First Sale
8 DROVE LANEDetached, FreeholdArea: 130 Sq.mtrAge: 1950-196620 Dec 2002£195,000First Sale

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

DROVE LANE, NG24 2RA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £275,000 median price is £280,000 Standard Deviation is £79,608 with Total Sold: 4
    • The Last 5 Year average price is £365,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BRASS FARTHING, 4 THE COURTYARD: £365,000 (Sold on 17 Sep 2020)
    • The first recorded sale happened at this postcode is , BRASS FARTHING, 4 THE COURTYARD: £175,000 (Sold on 10 Jul 2001)
  • Detached
    • The average price is around £237,749 median price is £239,998 Standard Deviation is £94,001 with Total Sold: 10
    • The Last 5 Year average price is £320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHESTNUT COTTAGE, 1 THE COURTYARD: £320,000 (Sold on 29 Jun 2020)
    • The first recorded sale happened at this postcode is , 6 DROVE LANE: £38,500 (Sold on 08 Aug 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£365,0001
2018£340,0001
2009£220,0001
2001£175,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£320,0001
2016£360,000 £1,818 1
2013£299,999 £1,515 1
2010£249,9951
2007£345,000 £1,742 1
2002£212,500 £1,331 2
1999£180,0001
1997£159,000 £803 1
1996£38,500 £194 1

House Type in NG24 2RA area

The most common house types in the NG24 2RA postcode area are Detached (145), Semi-detached (35), and Terraced (27).

Total208
Detached145
Semi-detached35
Terraced27
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (94), and Owned: Owns with a mortgage or loan (83).

Owned: Owns outright94
Owned: Owns with a mortgage or loan83
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority12
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG24 2RA have 2 people in household (86), and 3 people in household (41).

2 people in household86
3 people in household41
1 person in household40
4 people in household30
5 people in household8
6 people in household7
0 people in household0
7 people in household0
8 or more people in household0