Housing Market Analysis for ORCHARD WAY, NG24 3LU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £113,798 median price is £122,750 Standard Deviation is £44,372 with Total Sold: 26
- The Last 5 Year average price is £197,667 with Total Sold: 3
- The most recent sale happened at this postcode is 54 ORCHARD WAY: £206,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 54 ORCHARD WAY: £50,000 (Sold on 25 Apr 1997)
Detached
- The average price is around £145,158 median price is £136,475 Standard Deviation is £50,585 with Total Sold: 12
- The Last 5 Year average price is £235,000 with Total Sold: 1
- The most recent sale happened at this postcode is 13 ORCHARD WAY: £235,000 (Sold on 10 Nov 2021)
- The first recorded sale happened at this postcode is 2 ORCHARD WAY: £52,000 (Sold on 02 May 1997)
Terraced
- The average price is around £118,500 median price is £118,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 50 ORCHARD WAY: £118,500 (Sold on 02 Oct 2008)
- The first recorded sale happened at this postcode is 50 ORCHARD WAY: £118,500 (Sold on 02 Oct 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 3LU 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
2023	£208,000	£2,571	2
2021	£177,000	£2,269	1
2017	£165,000	£2,028	1
2014	£117,475	£1,484	4
2013	£114,500	£1,413	2
2012	£123,500	£1,383	1
2010	£130,000	£1,574	1
2007	£127,475	£1,667	2
2006	£124,950	£1,488	1
2005	£113,000	£1,448	2
2004	£127,250	£1,599	2
2001	£61,500		1
2000	£56,647	£687	3
1999	£53,250		2
1997	£50,000	£641	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£235,000	£2,043	1
2017	£239,950	£2,051	1
2015	£145,475	£1,727	2
2014	£119,000	£1,451	1
2006	£140,833	£1,381	3
2004	£144,000	£1,235	2
2001	£94,500	£822	1
1997	£52,000	£441	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£118,500		1

All the Sales in the ORCHARD WAY, NG24 3LU

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

Address	Sold Date	Price	% Change
54 ORCHARD WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	24 Nov 2023	£206,000	16.38%
	13 Aug 2021	£177,000	41.66%
	05 Sep 2014	£124,950	14.63%
	19 Jun 2013	£109,000	-16.15%
	15 Jan 2007	£130,000	-1.89%
	16 Jul 2004	£132,500	120.85%
	25 Sep 2000	£59,995	19.99%
	25 Apr 1997	£50,000	First Sale
56 ORCHARD WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	26 May 2023	£210,000	75.00%
	10 May 2013	£120,000	-3.96%
	14 Jul 2006	£124,950	First Sale
13 ORCHARD WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1967-1975	10 Nov 2021	£235,000	42.42%
	13 Dec 2006	£165,000	26.92%
	26 Aug 2004	£130,000	37.57%
	10 Aug 2001	£94,500	First Sale
58 ORCHARD WAYSemi-Detached, FreeholdArea: 81.35 Sq.mtrAge: 1967-1975	01 Dec 2017	£165,000	35.25%
	08 Nov 2004	£122,000	First Sale
1 ORCHARD WAYDetached, FreeholdArea: 117 Sq.mtrAge: 1976-1982	24 Feb 2017	£239,950	First Sale
34 ORCHARD WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	21 Aug 2015	£134,950	First Sale
42 ORCHARD WAYDetached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	10 Aug 2015	£156,000	31.09%
	04 Jul 2014	£119,000	First Sale
68 ORCHARD WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	12 Sep 2014	£120,000	First Sale
22 ORCHARD WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1983-1990	05 Aug 2014	£90,000	-10.89%
	23 Dec 2005	£101,000	First Sale
66 ORCHARD WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	17 Jul 2014	£134,950	First Sale
46 ORCHARD WAYSemi-Detached, FreeholdArea: 89.33 Sq.mtrAge: 1967-1975	02 Mar 2012	£123,500	First Sale
20 ORCHARD WAYSemi-Detached, FreeholdArea: 82.61 Sq.mtrAge: 1967-1975	25 Jun 2010	£130,000	4.00%
	20 May 2005	£125,000	150.25%
	31 Mar 2000	£49,950	First Sale
50 ORCHARD WAYTerraced, Freehold	02 Oct 2008	£118,500	First Sale
18 ORCHARD WAYSemi-Detached, Freehold	23 Feb 2007	£124,950	103.17%
18 ORCHARD WAYSemi-Detached, Freehold	06 Sep 2001	£61,500	First Sale
36 ORCHARD WAYDetached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	25 Jul 2006	£119,500	First Sale
7 ORCHARD WAYDetached, Freehold	07 Jun 2006	£138,000	First Sale
2 ORCHARD WAYDetached, FreeholdArea: 117.88 Sq.mtrAge: 1967-1975	08 Apr 2004	£158,000	203.85%
	02 May 1997	£52,000	First Sale
14 ORCHARD WAYSemi-Detached, Freehold	17 Nov 2000	£59,995	First Sale
12 ORCHARD WAYSemi-Detached, Freehold	01 Dec 1999	£52,000	First Sale
60 ORCHARD WAYSemi-Detached, Freehold	28 May 1999	£54,500	First Sale

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

ORCHARD WAY, NG24 3LU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £114,337 median price is £116,995 Standard Deviation is £56,604 with Total Sold: 905
- The Last 5 Year average price is £197,363 with Total Sold: 136
- The most recent sale happened at this postcode is , 25 WALTHAM CLOSE: £188,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 22 MANNERS ROAD: £55,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £152,265 median price is £149,000 Standard Deviation is £81,080 with Total Sold: 959
- The Last 5 Year average price is £256,782 with Total Sold: 130
- The most recent sale happened at this postcode is , 7 FAIRFIELD AVENUE: £235,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 41 SOUTHFIELD: £54,450 (Sold on 06 Jan 1995)
Terraced
- The average price is around £103,851 median price is £101,000 Standard Deviation is £50,228 with Total Sold: 277
- The Last 5 Year average price is £153,238 with Total Sold: 67
- The most recent sale happened at this postcode is , 67E MAIN STREET: £250,000 (Sold on 18 Mar 2024)
- The first recorded sale happened at this postcode is , 16 BAKEWELL CLOSE: £34,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £85,743 median price is £99,950 Standard Deviation is £34,859 with Total Sold: 102
- The Last 5 Year average price is £102,771 with Total Sold: 19
- The most recent sale happened at this postcode is , 35 WARWICK COURT: £112,500 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is , 14 BRISBANE COURT: £29,995 (Sold on 12 Apr 1995)
Other
- The average price is around £210,300 median price is £180,000 Standard Deviation is £121,889 with Total Sold: 10
- The Last 5 Year average price is £132,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 24A MAIN STREET: £200,000 (Sold on 22 Jul 2022)
- The first recorded sale happened at this postcode is , 5A QUEEN STREET: £70,000 (Sold on 20 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,769	£2,706	13
2023	£219,324	£3,060	24
2022	£213,948	£2,586	24
2021	£186,569	£2,471	36
2020	£164,138	£2,078	21
2019	£192,305	£2,019	18
2018	£162,506	£2,024	25
2017	£159,788	£2,005	24
2016	£144,601	£1,838	32
2015	£133,930	£1,878	30
2014	£131,279	£1,610	35
2013	£120,038	£1,611	24
2012	£120,602	£1,601	24
2011	£123,410	£1,518	25
2010	£126,570	£1,481	25
2009	£124,893	£1,528	23
2008	£132,448	£1,673	22
2007	£130,415	£1,789	41
2006	£121,790	£1,665	39
2005	£118,904	£1,495	40
2004	£119,736	£1,360	35
2003	£101,713	£1,471	27
2002	£74,195	£971	40
2001	£62,095	£778	39
2000	£53,021	£636	35
1999	£48,931	£657	38
1998	£49,834	£687	47
1997	£46,963	£642	35
1996	£44,031	£536	34
1995	£43,573	£573	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,273	£3,330	11
2023	£275,721	£2,681	17
2022	£311,062	£2,825	16
2021	£259,127	£2,541	35
2020	£230,000	£2,345	25
2019	£224,500	£2,294	26
2018	£232,403	£2,455	31
2017	£220,048	£2,019	30
2016	£207,025	£2,184	30
2015	£176,023	£1,786	28
2014	£172,151	£1,774	37
2013	£160,204	£1,668	41
2012	£157,556	£1,610	25
2011	£161,608	£1,892	18
2010	£155,039	£1,531	23
2009	£166,921	£1,723	26
2008	£174,641	£1,702	21
2007	£170,733	£1,688	26
2006	£173,392	£1,553	39
2005	£172,595	£1,635	31
2004	£177,475	£1,800	45
2003	£145,080	£1,506	48
2002	£113,352	£1,146	41
2001	£81,539	£857	41
2000	£80,375	£805	46
1999	£76,594	£720	43
1998	£66,347	£749	46
1997	£61,659	£702	46
1996	£63,255	£623	31
1995	£55,653	£671	36

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,000		1
2023	£175,227	£1,982	11
2022	£175,998	£2,112	16
2021	£144,382	£1,867	17
2020	£125,938	£1,511	8
2019	£129,393	£1,641	14
2018	£134,146	£1,528	12
2017	£152,905	£1,632	11
2016	£114,883	£1,526	9
2015	£115,243	£1,482	14
2014	£106,594	£1,348	9
2013	£96,607	£1,315	7
2012	£102,493	£1,382	7
2011	£94,742	£1,107	6
2010	£94,125	£1,237	12
2009	£98,583	£1,168	6
2008	£114,500	£1,656	3
2007	£110,656	£1,256	9
2006	£106,112	£1,339	8
2005	£88,125	£1,054	8
2004	£84,603	£1,101	17
2003	£78,809	£1,044	11
2002	£64,668	£820	11
2001	£46,275	£636	8
2000	£40,949	£501	8
1999	£45,843	£607	7
1998	£38,472	£518	9
1997	£31,188	£384	8
1996	£40,332	£748	3
1995	£39,000	£625	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£111,250	£2,011	2
2022	£98,333	£2,267	3
2021	£94,333	£1,626	3
2020	£102,925	£1,850	4
2019	£105,779	£2,174	7
2018	£71,400	£1,953	5
2017	£109,333	£1,965	13
2016	£107,800	£2,142	8
2015	£113,317	£2,229	3
2014	£88,000	£2,312	2
2013	£83,000	£1,379	2
2012	£42,500		1
2011	£93,750	£1,749	4
2009	£73,000	£881	1
2008	£85,998	£369	3
2007	£101,107	£1,698	7
2006	£108,642	£2,046	6
2005	£79,000	£1,476	3
2004	£80,800	£1,517	5
2003	£43,667	£557	3
2002	£43,629	£741	7
2001	£23,500	£297	1
2000	£28,000	£333	1
1999	£41,125		2
1997	£21,583	£263	3
1995	£28,815	£499	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£132,667	£2,203	3
2018	£280,000	£2,870	2
2017	£325,000	£2,214	3
2016	£85,000	£722	2

House Type in NG24 3LU area

The most common house types in the NG24 3LU postcode area are Detached (68), Semi-detached (68), and Terraced (11).

Total	153
Detached	68
Semi-detached	68
Terraced	11
commercial building	3
Flat	2
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (65).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	65
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NG24 3LU have 2 people in household (53), and 1 person in household (47).

2 people in household	53
1 person in household	47
3 people in household	23
4 people in household	23
5 people in household	3
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0