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New Ollerton and Ollerton House Prices

The average house price in New Ollerton and Ollerton is £285,000 using HM Land Registry data.

The average property price increased by £47,388 (34.05%) over the last 5 years and increased by £9,471 (5.35%) over the last 12 months.

Over the last year, there were 106 residential property sales – a decrease of 65 transactions (-61.32%) relative to the previous year. The majority of house sales (30) were in the £152,000 - £184,000 range. Then came properties in the £120,000 - £152,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,883 (-5%).

In April 2024, there were 31 new estate agency instructions, 16 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in New Ollerton and Ollerton

34.05%

Property prices in New Ollerton and Ollerton increased by 34.05% 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 New Ollerton and Ollerton Over the Last Year

5.35%

Property prices in New Ollerton and Ollerton increased by 5.35% 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.

Property Market Heat Gauge for New Ollerton and Ollerton - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 New Ollerton and Ollerton

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 New Ollerton and Ollerton

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 New Ollerton and Ollerton

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 New Ollerton and Ollerton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the New Ollerton and Ollerton area since 1995.

Recent Property Sales in New Ollerton and Ollerton

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
87 Tuxford Road, Boughton, Newark, Nottinghamshire, NG22 9HZ	£140,000	£135,000	-£5,000	26 Dec 2023	15 Mar 2024	80 Days
2 Church View, Ollerton, Newark, Nottinghamshire, NG22 9BH	£250,000	£250,000	£00	13 Nov 2023	19 Feb 2024	98 Days
21 Dove Croft, New Ollerton, Newark, Nottinghamshire, NG22 9RG	£150,000	£145,000	-£5,000	21 Sep 2023	30 Jan 2024	131 Days
107 Dove Croft, New Ollerton, Newark, Nottinghamshire, NG22 9RQ	£130,000	£127,500	-£2,500	26 Jul 2023	16 Jan 2024	174 Days
28 Chestnut Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SJ	£145,000	£145,000	£00	29 Sep 2023	12 Jan 2024	105 Days
23 Oak Avenue, New Ollerton, Newark, Nottinghamshire, NG22 9PT	£220,000	£205,000	-£15,000	06 Jul 2023	05 Jan 2024	183 Days
22 Chestnut Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SJ	£140,000	£135,000	-£5,000	04 Aug 2023	20 Nov 2023	108 Days
5 Pensom Court, Ollerton, Newark, Nottinghamshire, NG22 9BF	£400,000	£395,000	-£5,000	11 Jun 2023	16 Nov 2023	158 Days
102 Newark Road, New Ollerton, Newark, Nottinghamshire, NG22 9QG	£160,000	£160,000	£00	19 Jul 2023	17 Oct 2023	90 Days
Hill Croft, Sherwood Drive, New Ollerton, Newark, Nottinghamshire, NG22 9PP	£169,950	£164,000	-£5,950	03 Mar 2023	11 Oct 2023	222 Days
Millersdale, Station Road, Ollerton, Newark, Nottinghamshire, NG22 9BW	£300,000	£287,000	-£13,000	17 May 2023	06 Oct 2023	142 Days
70 Newark Road, New Ollerton, Newark, Nottinghamshire, NG22 9QG	£190,000	£185,000	-£5,000	05 Jul 2023	29 Sep 2023	86 Days
2 Greenwood Crescent, Boughton, Newark, Nottinghamshire, NG22 9HX	£160,000	£157,000	-£3,000	07 Jun 2023	15 Sep 2023	100 Days
50 Cedar Lane, New Ollerton, Newark, Nottinghamshire, NG22 9SQ	£150,000	£145,000	-£5,000	23 Mar 2023	11 Sep 2023	172 Days
1 Kelsey Avenue, New Ollerton, Newark, Nottinghamshire, NG22 9TB	£155,000	£154,000	-£1,000	11 May 2023	01 Sep 2023	113 Days
8 Walesby Lane, New Ollerton, Newark, Nottinghamshire, NG22 9RA	£165,000	£158,000	-£7,000	30 Jan 2023	18 Aug 2023	200 Days
13 Devonshire Drive, Ollerton, Newark, Nottinghamshire, NG22 9AL	£185,000	£185,000	£00	18 Apr 2023	10 Aug 2023	114 Days
5 St Peters Close, New Ollerton, Newark, Nottinghamshire, NG22 9QP	£170,000	£166,000	-£4,000	16 Jun 2023	07 Aug 2023	52 Days
139 Walesby Lane, New Ollerton, Newark, Nottinghamshire, NG22 9UT	£140,000	£140,000	£00	27 Mar 2023	04 Aug 2023	130 Days
67 Poplar Street, New Ollerton, Newark, Nottinghamshire, NG22 9PY	£160,000	£155,000	-£5,000	02 Jun 2023	04 Aug 2023	63 Days

Most Expensive Streets in New Ollerton and Ollerton

Postcode	Street	Area	Average	No. of Sales
NG22 9AF	Maida Lane	Ollerton	£335,800	5
NG22 9EA	Bluebird Avenue	Ollerton	£283,748	4
NG22 9BN	Station Road	Ollerton	£283,000	6
NG22 9BA	Rufford View	Ollerton	£274,464	10
NG22 9BS	Bescar Lane	Ollerton	£270,666	3
NG22 9DZ	Kingfisher Way	Ollerton	£260,530	16
NG22 9DS	Robin Close	Ollerton	£253,737	4
NG22 9BT	Tor Lane	Ollerton	£238,400	5
NG22 9AW	Hawkhill Close	Ollerton	£236,666	3
NG22 9DW	Kingfisher Way	Ollerton	£230,635	22

Least Expensive Streets in New Ollerton and Ollerton

Postcode	Street	Area	Average	No. of Sales
NG22 9TT	Hallam Road	New Ollerton	£90,000	3
NG22 9TW	Stuart Avenue	New Ollerton	£99,237	4
NG22 9TU	Kingsway Avenue	Boughton	£101,750	8
NG22 9UE	Birkdale Avenue	New Ollerton	£101,833	3
NG22 9SF	Petersmith Drive	New Ollerton	£102,400	5
NG22 9XG	Breck Bank	New Ollerton	£103,333	3
NG22 9AY	Bottom Row	Ollerton	£104,500	3
NG22 9SQ	Cedar Lane	New Ollerton	£109,055	9
NG22 9SH	Cedar Lane	New Ollerton	£111,833	6
NG22 9XA	Lime Tree Road	New Ollerton	£112,666	3