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House Prices in NG23

The average house price in NG23 (Newark) is £424,000 using HM Land Registry data.

The average property price increased by £22,234 (7.13%) over the last 5 years and increased by £4,445 (1.35%) over the last 12 months.

Over the last year, there were 197 residential property sales – a decrease of 96 transactions (-48.73%) relative to the previous year. The majority of house sales (52) were in the £286,000 - £382,000 range. Then came properties in the £190,000 - £286,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,290 (-3%).

In Jun 2026, there were 45 new estate agency instructions, 40 agreed home sales and 23 property price reductions.

5-Year Average Property Prices in NG23 (Newark)

7.13%

Property prices in NG23 (Newark) increased by 7.13% 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

1.35%

Property prices in NG23 (Newark) increased by 1.35% 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 NG23 (Newark) - Jun 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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Brambles, Main Street, Newark, NG23 6DA	£325,000	£320,000	-£5,000	30 Sep 2025	02 Apr 2026	184 Days
1 Swallow Drive, Newark, NG23 5FG	£375,000	£365,000	-£10,000	04 Dec 2025	02 Apr 2026	119 Days
Mill View, Mill Lane, Newark, NG23 6AJ	£568,400	£561,500	-£6,900	15 May 2025	27 Mar 2026	316 Days
38 Rose Cottage, Main Street, Newark, NG23 5BA	£375,000	£367,000	-£8,000	09 Sep 2025	27 Mar 2026	199 Days
15 The Magnolias, Green Lane, Newark, NG23 5HY	£400,000	£380,000	-£20,000	02 Dec 2025	19 Mar 2026	107 Days
161a Maltings End, Low Street, Newark, NG23 7NL	£595,000	£555,000	-£40,000	22 May 2025	16 Mar 2026	298 Days
Chestnut Cottage, Low Road, Newark, NG23 7HJ	£375,000	£374,000	-£1,000	17 Mar 2025	12 Mar 2026	360 Days
1 Greenoakes, Station Close, Newark, NG23 7RB	£260,000	£260,000	£0	09 May 2025	12 Mar 2026	307 Days
Acorn House, Back Lane, Claypole, NG23 5AA	£700,000	£700,000	£0	04 Sep 2025	12 Mar 2026	189 Days
The Cottage, Pingley Lane, Newark, NG23 5RH	£550,000	£535,000	-£15,000	27 Aug 2025	12 Mar 2026	197 Days
19 The Grange, Newark, NG23 6EN	£350,000	£350,000	£0	03 Sep 2025	06 Mar 2026	184 Days
3 Lime Close, Newark, NG23 5GJ	£410,000	£390,000	-£20,000	17 Jun 2025	05 Mar 2026	261 Days
Spring Head, Middle Holme Lane, Sutton-on-trent, Sutton On Trent, NG23 6PG	£399,950	£375,000	-£24,950	08 Apr 2025	05 Mar 2026	331 Days
Charnwood, Main Street, Newark, NG23 6EE	£249,500	£240,000	-£9,500	16 Apr 2025	27 Feb 2026	317 Days
7 Hemplands Lane, Sutton-on-trent, Sutton On Trent, NG23 6PU	£425,000	£410,000	-£15,000	30 Aug 2025	20 Feb 2026	174 Days
7 Cottage Lane, Newark, NG23 7LJ	£675,000	£670,000	-£5,000	12 Mar 2025	20 Feb 2026	345 Days
2 Wheatsheaf Cottages, Wheatsheaf Lane, Newark, NG23 5DU	£220,000	£220,000	£0	11 Nov 2025	16 Feb 2026	97 Days
50 Low Street, Newark, NG23 7LS	£170,000	£150,000	-£20,000	04 Mar 2025	09 Feb 2026	342 Days
1 Chestnut House, Mill Lane, Newark, NG23 6RW	£375,000	£375,000	£0	24 Sep 2025	04 Feb 2026	133 Days
6 Fisher Close, Newark, NG23 7SL	£235,000	£235,000	£0	23 Aug 2025	03 Feb 2026	164 Days

Most Expensive Streets in NG23 (Newark)

Postcode	Street	Area	Average	No. of Sales
NG23 6AF	Norwell Road, Caunton	Newark	£696,875	4
NG23 5FY	Hardwick Gardens	Newark	£664,666	3
NG23 5QL	School Lane	Newark	£626,666	3
NG23 5GW	Rose Gardens	Newark	£604,680	5
NG23 7JP	Church Lane	Newark	£592,000	5
NG23 6JJ	Willoughby Court	Newark	£584,750	4
NG23 5PW	Chapel Farm Close	Newark	£576,100	5
NG23 5PE	The Spinney	Newark	£573,333	3
NG23 5DN	Vicarage Lane	Newark	£567,888	9
NG23 5NL	Syerston Hall Park	Newark	£560,500	4

Least Expensive Streets in NG23 (Newark)

Postcode	Street	Area	Average	No. of Sales
NG23 5TY	Orchard Croft	Newark	£125,000	4
NG23 6QU	Mill Close	Newark	£125,125	4
NG23 7RX	Harrow Close	Newark	£147,833	3
NG23 6HB	Ferry Lane	Newark	£151,583	3
NG23 5FS	Peacocks Launde	Newark	£172,937	8
NG23 7PN	Braemer Road	Newark	£185,050	5
NG23 6QQ	The Meerings	Newark	£188,833	3
NG23 7PW	Braemer Road	Newark	£189,100	5
NG23 6QE	Sternthorpe Close	Newark	£192,110	7
NG23 7ST	Crew Road	Newark	£197,250	8