Housing Market Analysis for LACE MEAD, NG24 3WY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £230,496 median price is £239,995 Standard Deviation is £12,641 with Total Sold: 9
    • The Last 5 Year average price is £230,496 with Total Sold: 9
    • The most recent sale happened at this postcode is 4 LACE MEAD: £240,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is 4 LACE MEAD: £215,995 (Sold on 25 Aug 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average NG24 3WY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £2,727 1
2021£229,308 £2,518 8

All the Sales in the LACE MEAD, NG24 3WY

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

AddressSold DatePrice% Change
4 LACE MEADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 202131 Jan 2024£240,00011.11%
25 Aug 2021£215,995First Sale
7 LACE MEADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 202128 Oct 2021£242,995First Sale
5 LACE MEADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 202130 Sep 2021£242,995First Sale
3 LACE MEADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 202130 Sep 2021£242,500First Sale
1 LACE MEADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 202130 Sep 2021£239,995First Sale
6 LACE MEADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 202127 Aug 2021£219,995First Sale
8 LACE MEADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 202127 Aug 2021£214,995First Sale
2 LACE MEADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 202127 Aug 2021£214,995First Sale

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

LACE MEAD, NG24 3WY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £106,951 median price is £99,500 Standard Deviation is £62,412 with Total Sold: 1,081
    • The Last 5 Year average price is £167,055 with Total Sold: 187
    • The most recent sale happened at this postcode is , 17 PORTLAND STREET: £116,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 PELHAM CLOSE: £35,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £122,147 median price is £115,000 Standard Deviation is £70,497 with Total Sold: 533
    • The Last 5 Year average price is £200,540 with Total Sold: 87
    • The most recent sale happened at this postcode is , 80 ALBERT STREET: £237,350 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 HARDWICK AVENUE: £57,500 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £103,306 median price is £99,995 Standard Deviation is £45,740 with Total Sold: 537
    • The Last 5 Year average price is £121,525 with Total Sold: 138
    • The most recent sale happened at this postcode is FLAT 11, BISHOPS PLACE, 20 BALDERTON GATE: £225,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 6, 29 LOMBARD STREET: £18,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £479,316 median price is £200,000 Standard Deviation is £1,109,877 with Total Sold: 157
    • The Last 5 Year average price is £552,028 with Total Sold: 93
    • The most recent sale happened at this postcode is , 41 LOMBARD STREET: £30,500 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 53 CASTLE GATE: £236,000 (Sold on 14 Oct 2013)
  • Detached
    • The average price is around £210,263 median price is £180,000 Standard Deviation is £143,018 with Total Sold: 191
    • The Last 5 Year average price is £327,563 with Total Sold: 53
    • The most recent sale happened at this postcode is , 7 TANNERY WHARF: £219,950 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 100 VICTORIA STREET: £30,000 (Sold on 05 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,474 £1,893 19
2023£169,557 £2,138 35
2022£177,357 £2,137 28
2021£155,721 £1,896 45
2020£181,648 £1,668 30
2019£156,033 £1,776 30
2018£152,846 £1,892 23
2017£122,144 £1,839 25
2016£139,605 £1,650 42
2015£139,045 £1,592 46
2014£120,201 £1,572 40
2013£120,825 £1,543 30
2012£109,304 £1,462 26
2011£108,055 £1,484 24
2010£113,174 £1,489 23
2009£102,258 £1,663 36
2008£132,573 £1,692 24
2007£139,164 £1,703 50
2006£122,807 £1,600 46
2005£119,480 £1,726 30
2004£106,681 £1,555 35
2003£92,831 £1,195 63
2002£75,657 £990 49
2001£52,030 £692 46
2000£50,430 £678 55
1999£44,486 £686 43
1998£43,809 £600 41
1997£40,729 £541 38
1996£39,323 £562 33
1995£38,845 £490 26
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,385 £2,518 10
2023£197,643 £2,380 7
2022£206,499 £2,285 13
2021£203,619 £2,129 29
2020£184,527 £2,051 11
2019£174,141 £1,859 17
2018£187,390 £1,950 5
2017£184,250 £1,934 11
2016£159,578 £1,641 15
2015£138,264 £1,771 19
2014£136,207 £1,597 21
2013£128,822 £1,343 9
2012£131,167 £1,374 12
2011£141,609 £1,472 11
2010£151,500 £1,375 4
2009£121,917 £1,488 12
2008£171,702 £2,044 22
2007£150,136 £1,503 29
2006£136,593 £1,623 15
2005£149,458 £1,571 13
2004£133,043 £1,865 27
2003£109,212 £1,199 26
2002£94,885 £941 24
2001£65,715 £768 17
2000£65,320 £682 35
1999£63,237 £617 30
1998£58,764 £677 25
1997£42,677 £568 21
1996£43,370 £557 26
1995£48,656 £561 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£144,636 £2,790 11
2023£127,040 £1,891 25
2022£123,207 £1,796 30
2021£120,756 £1,644 41
2020£107,571 £1,932 14
2019£108,834 £1,728 17
2018£111,329 £1,830 22
2017£100,437 £1,759 23
2016£115,017 £1,691 29
2015£113,471 £1,521 19
2014£97,963 £1,532 15
2013£68,958 £1,002 13
2012£102,169 £1,405 16
2011£73,714 £1,189 7
2010£122,230 £1,694 12
2009£92,055 £1,753 9
2008£118,867 £1,646 12
2007£99,536 £1,692 20
2006£102,203 £1,609 18
2005£109,192 £1,588 13
2004£109,253 £1,828 45
2003£123,499 £1,671 36
2002£101,821 £1,505 34
2001£47,427 £954 11
2000£45,142 £847 12
1999£32,350 £738 7
1998£31,150 £669 8
1997£34,735 £522 10
1996£34,408 £607 6
1995£24,500 £424 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,5009
2023£1,041,712 £2,808 22
2022£269,70327
2021£1,038,025 £3,583 13
2020£183,88611
2019£271,764 £1,009 11
2018£254,067 £2,355 15
2017£492,957 £4,250 23
2016£352,331 £2,128 13
2015£192,526 £1,390 7
2014£550,250 £1,807 4
2013£318,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,9501
2023£384,999 £2,563 7
2022£353,290 £2,528 17
2021£324,792 £2,480 17
2020£555,000 £1,914 1
2019£236,350 £2,322 10
2018£447,500 £2,190 4
2017£174,000 £1,832 1
2016£268,250 £1,846 6
2015£235,862 £1,879 4
2014£198,500 £1,957 4
2013£211,167 £1,479 6
2012£216,500 £1,533 2
2011£192,000 £1,011 2
2010£142,500 £1,345 2
2009£339,9173
2008£264,143 £2,036 7
2007£222,190 £1,941 5
2006£154,714 £1,982 7
2005£171,083 £1,640 6
2004£189,461 £1,729 9
2003£163,042 £2,055 12
2002£127,748 £1,310 10
2001£143,940 £1,160 10
2000£91,693 £1,962 7
1999£88,421 £799 7
1998£58,000 £646 4
1997£59,278 £811 9
1996£64,636 £717 7
1995£43,250 £763 4

House Type in NG24 3WY area

The most common house types in the NG24 3WY postcode area are Terraced (110), Semi-detached (31), and Flat (25).

Total195
Terraced110
Semi-detached31
Flat25
Detached11
Shared house11
commercial building4
converted building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (88), and Owned: Owns outright (42).

Private rented: Private landlord or letting agency88
Owned: Owns outright42
Owned: Owns with a mortgage or loan40
Social rented: Other social rented11
Private rented: Other private rented7
Social rented: Rents from council or Local Authority6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NG24 3WY have 1 person in household (95), and 2 people in household (48).

1 person in household95
2 people in household48
3 people in household22
4 people in household17
5 people in household5
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0