House Prices in NG23 House Prices in NG23 (Newark)

The average house price in NG23 (Newark) is £423,000 using HM Land Registry data.

The average property price increased by £25,903 (7.83%) over the last 5 years and increased by £5,178 (1.47%) over the last 12 months.

Over the last year, there were 191 residential property sales – a decrease of 117 transactions (-61.26%) relative to the previous year. The majority of house sales (49) were in the £286,000 - £382,000 range. Then came properties in the £190,000 - £286,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,502 (-3%).

In Apr 2026, there were 48 new estate agency instructions, 28 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in NG23 (Newark)

7.83%

Property prices in NG23 (Newark) increased by 7.83% 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 NG23 (Newark) Over the Last Year

1.47%

Property prices in NG23 (Newark) increased by 1.47% 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 NG23 (Newark) - Apr 2026

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 NG23 (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 NG23 (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 NG23 (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 NG23 (Newark) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG23 postcode area since 1995.

Recent Sales in NG23 (Newark)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 The Magnolias, Green Lane, Newark, NG23 5HY£400,000£380,000-£20,00002 Dec 202519 Mar 2026107 Days
161a Maltings End, Low Street, Newark, NG23 7NL£595,000£555,000-£40,00022 May 202516 Mar 2026298 Days
Chestnut Cottage, Low Road, Newark, NG23 7HJ£375,000£374,000-£1,00017 Mar 202512 Mar 2026360 Days
1 Greenoakes, Station Close, Newark, NG23 7RB£260,000£260,000£009 May 202512 Mar 2026307 Days
Acorn House, Back Lane, Claypole, NG23 5AA£700,000£700,000£004 Sep 202512 Mar 2026189 Days
19 The Grange, Newark, NG23 6EN£350,000£350,000£003 Sep 202506 Mar 2026184 Days
3 Lime Close, Newark, NG23 5GJ£410,000£390,000-£20,00017 Jun 202505 Mar 2026261 Days
Spring Head, Middle Holme Lane, Sutton-on-trent, Sutton On Trent, NG23 6PG£399,950£375,000-£24,95008 Apr 202505 Mar 2026331 Days
Charnwood, Main Street, Newark, NG23 6EE£249,500£240,000-£9,50016 Apr 202527 Feb 2026317 Days
7 Hemplands Lane, Sutton-on-trent, Sutton On Trent, NG23 6PU£425,000£410,000-£15,00030 Aug 202520 Feb 2026174 Days
7 Cottage Lane, Newark, NG23 7LJ£675,000£670,000-£5,00012 Mar 202520 Feb 2026345 Days
2 Wheatsheaf Cottages, Wheatsheaf Lane, Newark, NG23 5DU£220,000£220,000£011 Nov 202516 Feb 202697 Days
50 Low Street, Newark, NG23 7LS£170,000£150,000-£20,00004 Mar 202509 Feb 2026342 Days
1 Chestnut House, Mill Lane, Newark, NG23 6RW£375,000£375,000£024 Sep 202504 Feb 2026133 Days
6 Fisher Close, Newark, NG23 7SL£235,000£235,000£023 Aug 202503 Feb 2026164 Days
11 Willow Drive, Newark, NG23 6EX£265,000£250,000-£15,00011 Apr 202503 Feb 2026298 Days
4 Treyarnon, Hopwas Close, Newark, NG23 5UA£425,000£405,000-£20,00023 May 202529 Jan 2026251 Days
23 The Hemplands, Collingham, NG23 7PE£280,000£280,000£011 Aug 202528 Jan 2026170 Days
Trentside Lodge, Trent Lane, South Clifton, NG23 7AE£240,000£240,000£001 Aug 202513 Jan 2026165 Days
52b, Church Street, Newark, NG23 5ES£325,000£320,000-£5,00023 Oct 202512 Jan 202681 Days

Most Expensive Streets in NG23 (Newark)

PostcodeStreetAreaAverageNo. of Sales
NG23 5JWPinfold CourtNewark£720,0003
NG23 6AFNorwell Road, CauntonNewark£705,8333
NG23 5FYHardwick GardensNewark£664,6663
NG23 5FNHeadland ParkNewark£625,0003
NG23 5GWRose GardensNewark£604,6805
NG23 5QLSchool LaneNewark£591,2504
NG23 6JJWilloughby CourtNewark£584,7504
NG23 5PWChapel Farm CloseNewark£576,1005
NG23 5PEThe SpinneyNewark£573,3333
NG23 7JPChurch LaneNewark£571,6666

Least Expensive Streets in NG23 (Newark)

PostcodeStreetAreaAverageNo. of Sales
NG23 5TYOrchard CroftNewark£125,0004
NG23 6QUMill CloseNewark£125,1254
NG23 7RXHarrow CloseNewark£147,8333
NG23 6HBFerry LaneNewark£151,5833
NG23 5FSPeacocks LaundeNewark£172,9378
NG23 7PNBraemer RoadNewark£182,5624
NG23 6QQThe MeeringsNewark£188,8333
NG23 7PWBraemer RoadNewark£189,1005
NG23 6QESternthorpe CloseNewark£192,1107
NG23 7STCrew RoadNewark£195,3339

Explore NG23 (Newark) using map

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