Housing Market Analysis for ORCHID CLOSE, NG24 3ET

Are you looking to understand NG24 3ET 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 3ET area, explore the NG24 3ET Area information page.
For comprehensive crime statistics in the NG24 3ET area, explore the NG24 3ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG24 3ET postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £116,104 median price is £122,500 Standard Deviation is £50,056 with Total Sold: 14
- The Last 5 Year average price is £176,000 with Total Sold: 4
- The most recent sale happened at this postcode is 9 ORCHID CLOSE: £185,000 (Sold on 15 Aug 2022)
- The first recorded sale happened at this postcode is 6 ORCHID CLOSE: £48,500 (Sold on 20 Oct 1997)
Detached
- The average price is around £106,047 median price is £92,000 Standard Deviation is £49,392 with Total Sold: 12
- The Last 5 Year average price is £190,000 with Total Sold: 1
- The most recent sale happened at this postcode is 14 ORCHID CLOSE: £190,000 (Sold on 22 Jul 2020)
- The first recorded sale happened at this postcode is 11 ORCHID CLOSE: £57,000 (Sold on 11 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 3ET 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£185,000	£3,364	1
2021	£176,500	£3,269	1
2020	£171,250	£2,885	2
2015	£125,000	£1,966	1
2014	£120,000	£2,222	1
2013	£112,000	£1,676	1
2009	£95,000	£1,486	1
2007	£134,950	£2,019	1
2006	£144,000	£2,667	1
2001	£47,000	£805	2
1998	£48,000	£889	1
1997	£48,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£190,000	£3,519	1
2018	£185,000	£3,364	1
2015	£162,061	£2,947	1
2012	£124,000	£2,331	1
2011	£130,000	£2,377	1
2010	£110,000	£2,068	1
2002	£74,000	£1,345	1
2000	£67,000	£1,241	1
1997	£60,000	£1,091	1
1996	£56,750	£1,053	2
1995	£57,000	£1,071	1

All the Sales in the ORCHID CLOSE, NG24 3ET

See the table below for more details on the sold house prices in the NG24 3ET, Newark and Sherwood postcode.

Address	Sold Date	Price	% Change
9 ORCHID CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1991-1995	15 Aug 2022	£185,000	48.00%
	19 Jun 2015	£125,000	165.96%
	07 Dec 2001	£47,000	First Sale
5 ORCHID CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1967-1975	12 May 2021	£176,500	22.57%
	08 Nov 2006	£144,000	200.00%
	11 Dec 1998	£48,000	First Sale
14 ORCHID CLOSEDetached, FreeholdArea: 54 Sq.mtrAge: 1983-1990	22 Jul 2020	£190,000	183.58%
	26 Oct 2000	£67,000	First Sale
4 ORCHID CLOSESemi-Detached, FreeholdArea: 63.94 Sq.mtrAge: 1983-1990	09 Apr 2020	£180,000	89.47%
	19 May 2009	£95,000	First Sale
7 ORCHID CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	28 Feb 2020	£162,500	First Sale
10 ORCHID CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	09 Feb 2018	£185,000	150.00%
	28 Feb 2002	£74,000	First Sale
12 ORCHID CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 1991-1995	29 Jun 2015	£162,061	170.10%
	31 Jul 1997	£60,000	First Sale
8 ORCHID CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1967-1975	04 Sep 2014	£120,000	155.32%
	07 Dec 2001	£47,000	First Sale
2 ORCHID CLOSESemi-Detached, FreeholdArea: 66.83 Sq.mtrAge: 1983-1990	18 Feb 2013	£112,000	-17.01%
	02 Nov 2007	£134,950	First Sale
11 ORCHID CLOSEDetached, FreeholdArea: 53.2 Sq.mtrAge: 1976-1982	24 Oct 2012	£124,000	12.73%
	12 Mar 2010	£110,000	88.03%
	05 Jul 1996	£58,500	2.63%
	11 Apr 1995	£57,000	First Sale
1 ORCHID CLOSEDetached, FreeholdArea: 54.68 Sq.mtrAge: 1976-1982	09 Nov 2011	£130,000	136.36%
	30 Aug 1996	£55,000	First Sale
6 ORCHID CLOSESemi-Detached, Freehold	20 Oct 1997	£48,500	First Sale

Check out the sold house prices near the NG24 3ET postcode. Properties currently for saleProperties currently for rent

ORCHID CLOSE, NG24 3ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG24 3ET 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 3ET postcode.

Detached
- The average price is around £191,634 median price is £157,500 Standard Deviation is £136,917 with Total Sold: 490
- The Last 5 Year average price is £311,264 with Total Sold: 66
- The most recent sale happened at this postcode is , 75B ROWAN WAY: £300,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 10 OAK DRIVE: £75,250 (Sold on 16 Jan 1995)
Terraced
- The average price is around £77,338 median price is £74,140 Standard Deviation is £39,817 with Total Sold: 319
- The Last 5 Year average price is £134,095 with Total Sold: 42
- The most recent sale happened at this postcode is , 53 GROVE STREET: £150,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 52 GROVE STREET: £36,500 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £105,533 median price is £105,000 Standard Deviation is £52,739 with Total Sold: 1,053
- The Last 5 Year average price is £172,946 with Total Sold: 151
- The most recent sale happened at this postcode is , 3 BIRCH ROAD: £175,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 7 BIRCH ROAD: £36,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £54,891 median price is £50,000 Standard Deviation is £33,214 with Total Sold: 118
- The Last 5 Year average price is £93,722 with Total Sold: 28
- The most recent sale happened at this postcode is , 8 LINDEN AVENUE: £125,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 12 ROWAN WAY: £32,000 (Sold on 10 Feb 1995)
Other
- The average price is around £660,635 median price is £175,000 Standard Deviation is £1,314,703 with Total Sold: 13
- The Last 5 Year average price is £176,205 with Total Sold: 11
- The most recent sale happened at this postcode is , 28 CATKIN WAY: £210,000 (Sold on 24 Nov 2022)
- The first recorded sale happened at this postcode is , ESSO LONDON ROAD: £1,650,000 (Sold on 20 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,700		5
2023	£306,667	£2,768	9
2022	£309,600	£2,692	10
2021	£311,916	£2,573	18
2020	£295,652	£2,679	13
2019	£315,541	£2,339	11
2018	£309,773	£2,263	22
2017	£238,564	£2,085	14
2016	£210,100	£2,082	14
2015	£233,896	£2,245	9
2014	£197,371	£1,978	12
2013	£249,550	£1,828	19
2012	£201,068	£1,550	11
2011	£149,889	£1,777	9
2010	£233,353	£1,834	14
2009	£167,367	£1,607	15
2008	£237,167	£1,902	9
2007	£226,175	£1,566	10
2006	£213,877	£1,734	13
2005	£192,113	£1,802	15
2004	£195,665	£1,705	17
2003	£184,588	£1,523	20
2002	£155,948	£1,187	27
2001	£168,229	£1,007	26
2000	£134,210	£938	35
1999	£150,882	£823	30
1998	£126,476	£869	21
1997	£72,508	£650	25
1996	£62,556	£690	18
1995	£64,642	£749	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£148,833	£2,105	3
2023	£209,875	£1,979	4
2022	£150,100	£2,016	10
2021	£111,222	£1,605	9
2020	£117,643	£1,466	7
2019	£113,389	£1,575	9
2018	£121,750	£1,518	4
2017	£111,968	£1,387	15
2016	£106,606	£1,518	9
2015	£93,217	£1,287	9
2014	£87,742	£1,376	6
2013	£81,375	£1,338	8
2012	£76,900	£1,167	5
2011	£85,617	£1,254	6
2010	£81,000	£1,323	7
2009	£88,458	£1,085	8
2008	£101,383	£1,429	9
2007	£96,408	£1,406	12
2006	£90,666	£1,410	16
2005	£86,745	£1,244	10
2004	£91,543	£1,170	17
2003	£67,726	£976	19
2002	£56,270	£728	17
2001	£40,712	£541	20
2000	£36,454	£566	18
1999	£33,811	£468	18
1998	£34,188	£490	16
1997	£33,564	£419	11
1996	£30,943	£472	11
1995	£33,500	£472	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,500	£1,571	5
2023	£182,889	£2,500	27
2022	£197,275	£2,774	34
2021	£165,370	£2,266	27
2020	£163,749	£2,161	36
2019	£148,727	£2,033	22
2018	£147,788	£2,031	37
2017	£146,004	£2,041	36
2016	£147,970	£1,895	30
2015	£136,888	£1,772	38
2014	£126,661	£1,700	31
2013	£123,748	£1,586	30
2012	£111,476	£1,463	21
2011	£116,320	£1,583	25
2010	£126,952	£1,606	23
2009	£118,844	£1,438	26
2008	£123,859	£1,450	23
2007	£120,945	£1,816	38
2006	£117,929	£1,699	54
2005	£111,537	£1,674	60
2004	£107,082	£1,302	35
2003	£89,478	£1,296	44
2002	£73,718	£1,038	49
2001	£54,886	£731	49
2000	£49,163	£670	68
1999	£45,455	£629	44
1998	£44,707	£749	39
1997	£43,269	£601	34
1996	£40,018	£580	36
1995	£39,330	£686	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,000	£2,451	1
2023	£119,705	£2,117	6
2022	£108,283	£1,939	7
2021	£81,000	£1,846	6
2020	£58,875	£1,537	4
2019	£75,375	£1,753	4
2018	£92,750	£1,638	2
2017	£49,167	£2,242	3
2016	£62,667	£1,697	3
2015	£66,083	£1,442	6
2014	£60,632	£1,559	2
2013	£54,250	£1,537	3
2011	£57,500	£1,325	2
2010	£60,667	£1,242	3
2008	£66,150	£1,536	3
2007	£61,000	£2,058	2
2006	£65,000	£1,722	2
2005	£62,688	£1,635	4
2004	£64,523	£1,525	5
2003	£46,890	£1,495	5
2002	£36,043	£870	7
2001	£23,281	£673	8
2000	£23,450	£661	4
1999	£23,051	£547	8
1998	£16,906	£642	8
1997	£22,050	£681	3
1996	£20,000	£511	1
1995	£26,333	£613	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£297,500	£2,838	2
2021	£166,917		3
2020	£132,500		5
2019	£180,000		1
2018	£5,000,000		1
2016	£1,650,000		1

House Type in NG24 3ET area

The most common house types in the NG24 3ET postcode area are Semi-detached (69), Detached (45), and Terraced (3).

Total	120
Semi-detached	69
Detached	45
Terraced	3
Flat	3
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 (46), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	29
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NG24 3ET have 1 person in household (45), and 2 people in household (41).

1 person in household	45
2 people in household	41
3 people in household	19
4 people in household	10
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0