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House Prices in NG22 House Prices in NG22 (Newark)

The average house price in NG22 (Newark) is £245,325 using HM Land Registry data.

The average property price increased by £51,122 (28.46%) over the last 5 years and increased by £10,241 (4.22%) over the last 12 months.

Over the last year, there were 275 residential property sales – a decrease of 72 transactions (-26.18%) relative to the previous year. The majority of house sales (110) were in the £120,000 - £200,000 range. Then came properties in the £200,000 - £280,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,031 (-3%).

In January 2025, there were 80 new estate agency instructions, 47 agreed home sales and 32 property price reductions.

Nearby Postcodes: DN10, DN21, DN22, DN36, LN1, LN10, LN11, LN12, LN13, LN2, LN3, LN4, LN5, LN6, LN8, LN9, NG13, NG14, NG15, NG18, NG19, NG20, NG21, NG23, NG24, NG25, NG32, NG5, PE22, PE23, PE24, S25, S26, S43, S44, S80, S81

5-Year Average Property Prices in NG22 (Newark)

28.46%

Property prices in NG22 (Newark) increased by 28.46% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG22 (Newark) Over the Last Year

4.22%

Property prices in NG22 (Newark) increased by 4.22% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NG22 (Newark) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG22 (Newark)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG22 (Newark)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG22 (Newark)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG22 (Newark) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG22 postcode area since 1995.

Recent Sales in NG22 (Newark)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Breck Bank, New Ollerton, Newark, Nottinghamshire, NG22 9XQ£150,000£148,500-£1,50020 Aug 202420 Dec 2024122 Days
18 Chestnut Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SJ£150,000£145,000-£5,00005 Nov 202420 Dec 202445 Days
17 Petersmith Drive, New Ollerton, Newark, Nottinghamshire, NG22 9RZ£165,000£165,000£004 Sep 202406 Dec 202493 Days
Corner House, The Green, Dunham On Trent, Newark, Nottinghamshire, NG22 0TU£300,000£278,000-£22,00025 Apr 202405 Dec 2024224 Days
Laburnham Cottage, Plantation Road, East Markham, Newark, Nottinghamshire, NG22 0SD£425,000£425,000£010 Aug 202405 Dec 2024117 Days
5 The Pastures, Tuxford, Newark, Nottinghamshire, NG22 0NJ£90,000£81,000-£9,00011 Oct 202429 Nov 202449 Days
4 Cul De Sac, Bilsthorpe, Newark, Nottinghamshire, NG22 8QT£150,000£140,000-£10,00022 Jul 202429 Nov 2024130 Days
Fairfield, May Lodge Drive, Rufford, Newark, Nottinghamshire, NG22 9DE£650,000£615,000-£35,00015 Jul 202422 Nov 2024130 Days
36 Dove Croft, New Ollerton, Newark, Nottinghamshire, NG22 9RG£147,000£147,000£015 Jul 202422 Nov 2024130 Days
12 New Hill, Walesby, Newark, Nottinghamshire, NG22 9PB£240,000£237,500-£2,50015 Jun 202422 Nov 2024160 Days
136 Petersmith Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SB£139,950£133,000-£6,95011 Sep 202421 Nov 202471 Days
41 Branston Avenue, Farnsfield, Newark, Nottinghamshire, NG22 8JZ£299,950£295,000-£4,95021 Aug 202420 Nov 202491 Days
Laurel Bank, Far Back Lane, Farnsfield, Newark, Nottinghamshire, NG22 8JX£455,000£445,000-£10,00009 Apr 202420 Nov 2024225 Days
Kelso, Far Back Lane, Farnsfield, Newark, Nottinghamshire, NG22 8JX£559,950£520,000-£39,95013 May 202420 Nov 2024191 Days
11 Gordon Close, Farnsfield, Newark, Nottinghamshire, NG22 8EH£260,000£260,000£027 Jul 202415 Nov 2024111 Days
Winsome Cottage, Chapel Lane, Farnsfield, Newark, Nottinghamshire, NG22 8JP£289,950£274,612-£15,33810 Jun 202408 Nov 2024151 Days
Zermatt, Priestgate, East Markham, Newark, Nottinghamshire, NG22 0QT£300,000£297,500-£2,50029 Apr 202401 Nov 2024186 Days
8 Breck Bank, New Ollerton, Newark, Nottinghamshire, NG22 9XG£160,000£160,000£027 Feb 202401 Nov 2024248 Days
29 Cedar Lane, New Ollerton, Newark, Nottinghamshire, NG22 9SH£145,000£140,000-£5,00017 Jul 202428 Oct 2024103 Days
15 Forest View, New Ollerton, Newark, Nottinghamshire, NG22 9RE£240,000£240,000£017 Jul 202428 Oct 2024103 Days

Most Expensive Streets in NG22 (Newark)

PostcodeStreetAreaAverageNo. of Sales
NG22 8ALGray Lane, HalamNewark£891,2504
NG22 0BSMaplebeckNewark£841,2504
NG22 9DEMay Lodge Drive, RuffordNewark£792,5008
NG22 8FZShaws Orchard, HalamNewark£777,5004
NG22 8NFSouthwell Road, KirklingtonNewark£725,5505
NG22 0NXHigh Street, LaxtonNewark£709,6663
NG22 0GTMain Street, West MarkhamNewark£602,5405
NG22 8EYMain Street, FarnsfieldNewark£582,5003
NG22 8BGMansfield Road, EdingleyNewark£553,0003
NG22 8LBStation Lane, FarnsfieldNewark£551,2374

Least Expensive Streets in NG22 (Newark)

PostcodeStreetAreaAverageNo. of Sales
NG22 0NJThe Pastures, TuxfordNewark£95,0004
NG22 9TTHallam Road, New OllertonNewark£102,1663
NG22 8QYCross Street, BilsthorpeNewark£103,3333
NG22 9AYBottom Row, OllertonNewark£104,6254
NG22 9TSFerndale Close, New OllertonNewark£106,0003
NG22 9TWStuart Avenue, New OllertonNewark£108,1586
NG22 9SFPetersmith Drive, New OllertonNewark£109,0003
NG22 9TUKingsway Avenue, BoughtonNewark£109,2005
NG22 9QSForest Road, New OllertonNewark£116,0003
NG22 8QFCrompton Road, BilsthorpeNewark£117,0005

Explore NG22 (Newark) using map

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