Blacksmiths Lane - NG23 5QT
Key Postcode Insights
NG23 5QT is a residential postcode situated on Blacksmiths Lane, Kelham, Newark, NG23 with 14 addresses.
It ranks as the 555th largest and 419th most expensive of the 759 postcodes in the NG23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 11 houses and 3 other properties.
- Ave. Sale Price
- £402,654
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,581pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
NG23 5QT is a residential postcode situated on Blacksmiths Lane, Kelham, Newark, NG23 with 14 addresses.
It ranks as the 555th largest and 419th most expensive of the 759 postcodes in the NG23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 11 houses and 3 other properties.
- Ave. Sale Price
- £402,654
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,581pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Properties in NG23 5QT
- Blacksmith Cottage
House
- Bridgend Cottage
3 Bed Early-century House
- Ennerdale
3 Bed Mid-century House
- Gas House
House
- Knightsbridge
5 Bed Modern House
Sales Market Trends
The last sale in NG23 5QT sold for £650,000 on 19th October 2022. Since then prices are up an average of 0.4%.
The current average value in the postcode is £402,654.
The NG23 5QT Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £402,654 |
| June 2025 | 1.1% | £404,508 |
| June 2024 | -0.5% | £399,955 |
| June 2023 | 0.3% | £401,817 |
| June 2022 | 10.6% | £400,481 |
| June 2021 | 7.4% | £361,937 |
| June 2020 | 1.6% | £337,060 |
| June 2019 | 1.1% | £331,624 |
| June 2018 | 5.9% | £327,987 |
| June 2017 | 5.6% | £309,805 |
| June 2016 | 3.6% | £293,477 |
| June 2015 | 5.2% | £283,261 |
| June 2014 | 4.1% | £269,208 |
| June 2013 | 1.9% | £258,707 |
| June 2012 | 1.7% | £253,810 |
| June 2011 | -0.5% | £249,656 |
| June 2010 | 6.2% | £250,796 |
| June 2009 | -7.8% | £236,255 |
| June 2008 | -4.5% | £256,353 |
| June 2007 | 0% | £268,300 |
Rental Market Trends
The current average rental value in the postcode is £1,581.
The NG23 5QT Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,581pcm |
| June 2025 | 5.7% | £1,545pcm |
| June 2024 | 5.9% | £1,461pcm |
| June 2023 | 8.9% | £1,380pcm |
| June 2022 | 8.5% | £1,267pcm |
| June 2021 | 4.8% | £1,168pcm |
| June 2020 | 2.7% | £1,115pcm |
| June 2019 | 1.6% | £1,085pcm |
| June 2018 | 1.8% | £1,068pcm |
| June 2017 | 1.9% | £1,049pcm |
| June 2016 | 6.4% | £1,029pcm |
| June 2015 | 0.1% | £967pcm |
| June 2014 | 2.9% | £966pcm |
| June 2013 | 1.7% | £939pcm |
| June 2012 | 1.1% | £923pcm |
| June 2011 | -0.4% | £913pcm |
| June 2010 | 2.2% | £917pcm |
| June 2009 | -0.7% | £897pcm |
| June 2008 | -1.2% | £903pcm |
| June 2007 | 0% | £914pcm |
Sales History
The last recorded sale was on 19th October 2022 for £650,000 and since then the market in the area has increased by 0.4%.
NG23 5QT has had 3 sales since 1995, none of them in the last three years.
- Sold Oct 2022£650,000 | 5 Bed House5, Blacksmiths Lane, Newark, NG23 5QT5, Blacksmiths Lane, Newark, NG23 5QT
- Sold Nov 2021£562,500 | 5 Bed HouseKnightsbridge, Blacksmiths Lane, Newark, NG23 5QTKnightsbridge, Blacksmiths Lane, Newark, NG23 5QT
- Sold Dec 2020£257,500 | 3 Bed HouseEnnerdale, Blacksmiths Lane, Newark, NG23 5QTEnnerdale, Blacksmiths Lane, Newark, NG23 5QT
Nearby Postcodes
NG23 5QT is the 555th largest and the 419th most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 5QR, Trent Cottages, Kelham, Newark, NG23NG23 5QR6 Addresses|103 m away
- NG23 5QS, Ollerton Road, Kelham, Newark, NG23NG23 5QS3 Addresses|113 m away
- NG23 5QP, Main Street, Kelham, Newark, NG23NG23 5QP9 Addresses|173 m away
- NG23 5QB, Home Farm Close, Kelham, Newark, NG23NG23 5QB24 Addresses|227 m away
- NG23 5RZ, Broadgate Lane, Kelham, Newark, NG23NG23 5RZ15 Addresses|477 m away
Property Types
- 3 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 3 other addresses of unknown type
- period house (3)
- modern house (5)
- mid-century house (1)
- house (1)
- early-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2022£650,000 | 5 Bed House5, Blacksmiths Lane, Newark, NG23 5QT5, Blacksmiths Lane, Newark, NG23 5QT
- Sold Nov 2021£562,500 | 5 Bed HouseKnightsbridge, Blacksmiths Lane, Newark, NG23 5QTKnightsbridge, Blacksmiths Lane, Newark, NG23 5QT
- Sold Jan 2012£415,000 | 5 Bed House5, Blacksmiths Lane, Newark, NG23 5QT5, Blacksmiths Lane, Newark, NG23 5QT
Schools Nearby
- Christ Church C of E Primary School3.0 km away
- Mount CofE Primary School3.0 km away
- Lovers Lane Primary and Nursery School3.0 km away
- Magnus Church of England Academy4.0 km away
- The Newark Academy5.2 km away
- The Suthers School7.3 km away
More reading links
Public Transport Nearby
The closest station to NG23 5QT is Newark Castle station, which is 2.6 kilometres away.
- Newark Castle|2.6 km away
- Newark Northgate|3.2 km away
- Rolleston|4.8 km away
- Fiskerton|5.9 km away
