Housing Market Analysis for NEWARK ROAD, NG24 3RW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £230,019 median price is £228,500 Standard Deviation is £121,178 with Total Sold: 8
    • The Last 5 Year average price is £463,100 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, ELBOW COTTAGE NEWARK ROAD: £463,100 (Sold on 18 May 2021)
    • The first recorded sale happened at this postcode is 2, ELBOW COTTAGE NEWARK ROAD: £89,550 (Sold on 21 Aug 1998)
  • Semi-Detached
    • The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, ELBOW COTTAGE NEWARK ROAD: £160,000 (Sold on 22 Sep 2006)
    • The first recorded sale happened at this postcode is 4, ELBOW COTTAGE NEWARK ROAD: £160,000 (Sold on 22 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 3RW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£463,100 £2,950 1
2018£228,500 £2,228 2
2012£315,000 £2,006 1
2007£287,5001
2002£129,0001
2001£99,000 £1,100 1
1998£89,550 £995 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£160,000 £1,019 1

All the Sales in the NEWARK ROAD, NG24 3RW

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

AddressSold DatePrice% Change
4, ELBOW COTTAGE NEWARK ROADTerraced, FreeholdArea: 157 Sq.mtrAge: before 190018 May 2021£463,10047.02%
28 Nov 2012£315,00096.88%
22 Sep 2006£160,000First Sale
3, ELBOW COTTAGE NEWARK ROADTerraced, FreeholdArea: 79 Sq.mtrAge: before 190006 Jul 2018£176,000First Sale
1, ELBOW COTTAGES NEWARK ROADTerraced, Freehold15 Mar 2018£281,000-2.26%
02 Nov 2007£287,500122.87%
19 Jul 2002£129,000First Sale
2, ELBOW COTTAGE NEWARK ROADTerraced, FreeholdArea: 90 Sq.mtrAge: before 190027 Jul 2001£99,00010.55%
21 Aug 1998£89,550First Sale

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

NEWARK ROAD, NG24 3RW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £264,800 median price is £227,500 Standard Deviation is £179,257 with Total Sold: 15
    • The Last 5 Year average price is £547,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE POPLARS COTHAM LANE: £850,000 (Sold on 05 May 2022)
    • The first recorded sale happened at this postcode is , THE POPLARS COTHAM LANE: £227,500 (Sold on 01 Jun 1995)
  • Terraced
    • The average price is around £230,019 median price is £228,500 Standard Deviation is £121,178 with Total Sold: 8
    • The Last 5 Year average price is £463,100 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, ELBOW COTTAGE NEWARK ROAD: £463,100 (Sold on 18 May 2021)
    • The first recorded sale happened at this postcode is 2, ELBOW COTTAGE NEWARK ROAD: £89,550 (Sold on 21 Aug 1998)
  • Semi-Detached
    • The average price is around £148,575 median price is £133,725 Standard Deviation is £88,506 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE BARN, 5 SYCAMORE CLOSE: £330,000 (Sold on 12 Jul 2017)
    • The first recorded sale happened at this postcode is 1, SCHOOL COTTAGE NEWARK ROAD: £62,000 (Sold on 05 Jul 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£850,000 £2,024 1
2019£245,000 £2,355 1
2016£400,000 £2,326 1
2014£285,000 £1,827 1
2012£278,5002
2008£185,000 £1,779 1
2004£292,0001
2003£300,500 £995 1
2002£166,000 £1,064 1
2001£141,000 £820 1
1998£153,0001
1996£85,000 £494 1
1995£156,250 £542 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£463,100 £2,950 1
2018£228,500 £2,228 2
2012£315,000 £2,006 1
2007£287,5001
2002£129,0001
2001£99,000 £1,100 1
1998£89,550 £995 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£330,0001
2006£160,000 £1,019 1
2003£142,500 £1,356 1
2002£124,9501
1997£72,000 £685 1
1996£62,0001

House Type in NG24 3RW area

The most common house types in the NG24 3RW postcode area are Detached (70), Semi-detached (47), and Terraced (5).

Total124
Detached70
Semi-detached47
Terraced5
converted building1
commercial building1
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (69), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan69
Owned: Owns outright34
Social rented: Other social rented9
Private rented: Private landlord or letting agency8
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NG24 3RW have 2 people in household (68), and 1 person in household (21).

2 people in household68
1 person in household21
3 people in household19
4 people in household9
5 people in household5
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0