Housing Market Analysis for CORMACK LANE, NG24 3GF

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £151,998 median price is £151,998 Standard Deviation is £33,002 with Total Sold: 2
- The Last 5 Year average price is £185,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 CORMACK LANE: £185,000 (Sold on 26 Feb 2021)
- The first recorded sale happened at this postcode is 3 CORMACK LANE: £118,995 (Sold on 28 Jun 2002)
Terraced
- The average price is around £147,888 median price is £150,000 Standard Deviation is £23,260 with Total Sold: 9
- The Last 5 Year average price is £190,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 CORMACK LANE: £190,000 (Sold on 08 Apr 2020)
- The first recorded sale happened at this postcode is 9 CORMACK LANE: £120,995 (Sold on 16 Aug 2002)
Detached
- The average price is around £161,014 median price is £161,000 Standard Deviation is £33,057 with Total Sold: 29
- The most recent sale happened at this postcode is 10 CORMACK LANE: £208,000 (Sold on 19 Oct 2018)
- The first recorded sale happened at this postcode is 10 CORMACK LANE: £104,995 (Sold on 22 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 3GF 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
2021	£185,000	£1,762	1
2002	£118,995	£1,133	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£190,000	£1,865	1
2018	£175,000	£1,718	1
2014	£150,000	£1,415	1
2011	£132,000	£1,296	1
2008	£156,000		1
2004	£159,000		1
2002	£122,997	£1,155	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£208,000	£2,337	1
2017	£189,000	£2,071	2
2016	£200,000	£2,247	1
2009	£172,500	£1,666	3
2006	£172,500	£1,521	2
2004	£199,250	£1,120	2
2003	£162,488	£1,371	4
2002	£140,889	£1,162	14

All the Sales in the CORMACK LANE, NG24 3GF

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

Address	Sold Date	Price	% Change
3 CORMACK LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 2003-2006	26 Feb 2021	£185,000	55.47%
	28 Jun 2002	£118,995	First Sale
9 CORMACK LANETerraced, FreeholdArea: 101.884 Sq.mtrAge: 1996-2002	08 Apr 2020	£190,000	8.57%
	09 Feb 2018	£175,000	32.58%
	24 Jun 2011	£132,000	9.10%
	16 Aug 2002	£120,995	First Sale
10 CORMACK LANEDetached, FreeholdArea: 89 Sq.mtrAge: 1996-2002	19 Oct 2018	£208,000	4.00%
	04 Aug 2016	£200,000	90.49%
	22 Feb 2002	£104,995	First Sale
12 CORMACK LANEDetached, FreeholdArea: 82.59 Sq.mtrAge: 1996-2002	20 Apr 2017	£210,000	33.33%
	10 Sep 2009	£157,500	55.95%
	22 Feb 2002	£100,995	First Sale
1 CORMACK LANEDetached, FreeholdArea: 105 Sq.mtrAge: 1996-2002	22 Feb 2017	£168,000	4.35%
	30 Jun 2006	£161,000	11.84%
	28 Nov 2003	£143,950	18.97%
	28 Jun 2002	£120,995	First Sale
7 CORMACK LANETerraced, FreeholdArea: 106 Sq.mtrAge: 1996-2002	30 Jun 2014	£150,000	26.06%
	28 Aug 2002	£118,995	First Sale
8 CORMACK LANEDetached, FreeholdArea: 91.88 Sq.mtrAge: 1996-2002	17 Dec 2009	£160,000	52.39%
	28 Mar 2002	£104,995	First Sale
15 CORMACK LANEDetached, FreeholdArea: 148.15 Sq.mtrAge: 2003-2006	13 Nov 2009	£200,000	20.48%
	09 Jan 2004	£166,000	13.70%
	28 Jun 2002	£146,000	First Sale
5 CORMACK LANETerraced, Freehold	11 Jan 2008	£156,000	-1.89%
	21 Jun 2004	£159,000	23.26%
	20 Dec 2002	£129,000	First Sale
17 CORMACK LANEDetached, FreeholdArea: 122 Sq.mtrAge: 2003-2006	30 Nov 2006	£184,000	25.17%
	28 Mar 2002	£146,995	First Sale
14 CORMACK LANEDetached, Freehold	17 Dec 2004	£232,500	23.67%
14 CORMACK LANEDetached, Freehold	26 Jul 2002	£187,995	First Sale
2 CORMACK LANEDetached, Freehold	31 Oct 2003	£170,000	0.0
	11 Mar 2003	£170,000	18.06%
	23 Aug 2002	£144,000	First Sale
11 CORMACK LANEDetached, Freehold	17 Mar 2003	£166,000	11.41%
11 CORMACK LANEDetached, Freehold	31 May 2002	£149,000	First Sale
4 CORMACK LANEDetached, Freehold	20 Sep 2002	£174,995	First Sale
16 CORMACK LANEDetached, Freehold	30 Aug 2002	£193,995	First Sale
19 CORMACK LANEDetached, Freehold	07 Jun 2002	£145,495	First Sale
6 CORMACK LANEDetached, FreeholdArea: 85 Sq.mtrAge: 1996-2002	19 Apr 2002	£105,995	First Sale
21 CORMACK LANEDetached, Freehold	28 Mar 2002	£145,995	First Sale

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

CORMACK LANE, NG24 3GF Near By properties

Interactive Map

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

Flat
- The average price is around £95,731 median price is £96,000 Standard Deviation is £15,864 with Total Sold: 354
- The Last 5 Year average price is £100,957 with Total Sold: 69
- The most recent sale happened at this postcode is , 8 CARMELITA AVENUE: £120,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 3, SHERWOOD LODGE DALE CRESCENT: £24,950 (Sold on 03 Jul 1998)
Terraced
- The average price is around £143,691 median price is £145,248 Standard Deviation is £40,418 with Total Sold: 716
- The Last 5 Year average price is £176,799 with Total Sold: 149
- The most recent sale happened at this postcode is , 101 GOLDSTRAW LANE: £148,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 55 DALE CRESCENT: £41,500 (Sold on 09 Apr 1998)
Detached
- The average price is around £251,183 median price is £239,995 Standard Deviation is £75,510 with Total Sold: 773
- The Last 5 Year average price is £333,008 with Total Sold: 106
- The most recent sale happened at this postcode is , 11 COLLINSON LANE: £400,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 2 GILMORES LANE: £217,995 (Sold on 30 Mar 2001)
Semi-Detached
- The average price is around £146,794 median price is £149,998 Standard Deviation is £47,911 with Total Sold: 218
- The Last 5 Year average price is £186,440 with Total Sold: 34
- The most recent sale happened at this postcode is , 9 PACH WAY: £108,500 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 33 DALE CRESCENT: £36,500 (Sold on 06 Feb 1995)
Other
- The average price is around £1,724,524 median price is £283,750 Standard Deviation is £5,984,106 with Total Sold: 20
- The Last 5 Year average price is £2,632,254 with Total Sold: 12
- The most recent sale happened at this postcode is , 152 GOLDSTRAW LANE: £177,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is FLAT 2, SHERWOOD LODGE DALE CRESCENT: £5,000 (Sold on 10 Apr 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,500	£1,926	3
2023	£103,167	£2,022	12
2022	£102,590	£1,842	17
2021	£103,471	£1,829	17
2020	£93,650	£1,535	10
2019	£93,900	£1,543	10
2018	£95,900	£1,689	10
2017	£85,208	£1,458	12
2016	£88,262	£1,571	13
2015	£97,217	£1,710	15
2014	£94,611	£1,563	9
2013	£75,812	£1,427	6
2012	£90,307	£1,542	13
2011	£80,126	£1,387	6
2010	£93,999	£1,668	5
2009	£98,539	£1,547	12
2008	£88,686	£1,485	8
2007	£100,352	£1,809	48
2006	£93,120	£1,588	23
2005	£96,340	£1,687	62
2004	£99,993	£1,706	35
2003	£87,828	£1,427	6
2002	£29,000		1
1998	£24,950		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,083	£1,891	12
2023	£193,430	£2,416	15
2022	£193,740	£2,364	29
2021	£174,404	£2,078	37
2020	£160,034	£1,922	29
2019	£156,306	£1,918	27
2018	£141,920	£1,958	35
2017	£142,112	£1,793	39
2016	£146,512	£1,747	30
2015	£133,048	£1,720	27
2014	£131,910	£1,751	67
2013	£143,302	£1,607	41
2012	£132,047	£1,499	26
2011	£133,754	£1,421	20
2010	£134,603	£1,450	26
2009	£128,361	£1,482	22
2008	£127,909	£1,833	41
2007	£149,239	£1,789	46
2006	£141,787	£1,650	44
2005	£118,524	£1,226	45
2004	£143,469	£1,399	34
2003	£128,497	£1,181	10
2002	£100,766	£973	8
2001	£52,000		1
2000	£37,500	£410	2
1999	£39,225	£430	2
1998	£41,500	£437	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£368,429	£2,524	7
2023	£381,295	£2,445	22
2022	£339,935	£2,475	17
2021	£315,738	£2,153	21
2020	£318,150	£2,159	20
2019	£292,579	£2,000	19
2018	£275,020	£2,001	22
2017	£275,850	£1,957	31
2016	£273,631	£1,893	26
2015	£253,565	£1,887	26
2014	£263,698	£1,810	46
2013	£238,022	£1,631	37
2012	£223,879	£1,700	34
2011	£236,843	£1,437	16
2010	£236,722	£1,457	20
2009	£221,863	£1,403	40
2008	£227,999	£1,600	36
2007	£263,142	£1,728	52
2006	£256,506	£1,660	65
2005	£255,773	£1,520	37
2004	£235,654	£1,454	52
2003	£189,988	£1,281	52
2002	£189,029	£1,107	53
2001	£201,359	£975	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,500	£1,880	5
2023	£200,833	£2,062	3
2022	£212,075	£2,455	6
2021	£173,944	£1,842	9
2020	£186,250	£1,930	6
2019	£128,700	£1,863	5
2018	£143,550	£1,803	10
2017	£154,786	£1,750	7
2016	£171,086	£1,740	11
2015	£111,624	£1,538	4
2014	£162,492	£1,726	9
2013	£141,800	£1,408	5
2012	£147,387	£1,470	9
2011	£136,998	£1,548	6
2010	£120,206	£1,381	12
2009	£131,198	£1,280	10
2008	£146,634	£1,447	11
2007	£154,803	£1,675	22
2006	£143,891	£1,691	16
2005	£139,879	£1,277	13
2004	£142,272	£1,396	12
2003	£141,281	£1,150	14
2002	£101,998	£1,023	5
2001	£66,250	£601	2
2000	£57,500	£669	1
1999	£60,000	£480	1
1998	£43,000	£361	2
1996	£33,250		1
1995	£36,500	£366	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,000		1
2023	£490,533		3
2021	£194,000	£1,915	2
2020	£321,000		1
2019	£5,845,891		5
2018	£298,000		2
2017	£208,000	£2,019	1
2016	£202,500		2
2015	£564,811	£9,585	3

House Type in NG24 3GF area

The most common house types in the NG24 3GF postcode area are Detached (67), Terraced (28), and Semi-detached (11).

Total	107
Detached	67
Terraced	28
Semi-detached	11
Flat	1
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 with a mortgage or loan (55), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	37
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	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 NG24 3GF have 2 people in household (41), and 4 people in household (23).

2 people in household	41
4 people in household	23
3 people in household	19
1 person in household	14
5 people in household	9
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0