NG23 5QZ is a residential postcode situated on Staythorpe Road, Averham, Newark, NG23 with 6 addresses.
It ranks as the 359th largest and 271st most expensive of the 759 postcodes in the NG23 area.
The postcode contains a total of 6 properties: 6 houses.
NG23 5QZ is a residential postcode situated on Staythorpe Road, Averham, Newark, NG23 with 6 addresses.
It ranks as the 359th largest and 271st most expensive of the 759 postcodes in the NG23 area.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £290,251 for 3 bedroom freehold houses with a garden (1,087 ft2) to £447,173 for 4 bedroom freehold houses with a garden (1,834 ft2) .
Monthly rental prices range from £1,305 pcm for 3 bed houses to £1,655 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 5.4%.
The average value per square foot is £288.
The last sale in NG23 5QZ sold for £282,500 on 12th April 2012. Since then prices are up an average of 64.8%.
The current average value in the postcode is £358,919.
The NG23 5QZ Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £358,919 |
| April 2025 | 0.6% | £361,573 |
| April 2024 | 0.3% | £359,576 |
| April 2023 | 1.9% | £358,564 |
| April 2022 | 9.2% | £351,774 |
| April 2021 | 7.3% | £322,169 |
| April 2020 | 2% | £300,272 |
| April 2019 | 0.9% | £294,370 |
| April 2018 | 6.6% | £291,733 |
| April 2017 | 4.8% | £273,559 |
| April 2016 | 3.9% | £260,922 |
| April 2015 | 5.2% | £251,135 |
| April 2014 | 4.5% | £238,716 |
| April 2013 | 4.6% | £228,497 |
| April 2012 | 0.2% | £218,356 |
| April 2011 | -1.6% | £218,009 |
| April 2010 | 4% | £221,634 |
| April 2009 | -10.1% | £213,169 |
| April 2008 | -0.7% | £237,110 |
| April 2007 | 0% | £238,715 |
The current average rental value in the postcode is £1,431.
The NG23 5QZ Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,431pcm |
| April 2025 | 5.4% | £1,401pcm |
| April 2024 | 6.8% | £1,330pcm |
| April 2023 | 9.5% | £1,245pcm |
| April 2022 | 8.9% | £1,137pcm |
| April 2021 | 5.3% | £1,044pcm |
| April 2020 | 1.7% | £991pcm |
| April 2019 | 1.8% | £975pcm |
| April 2018 | 1.6% | £957pcm |
| April 2017 | 2.9% | £943pcm |
| April 2016 | 5.2% | £916pcm |
| April 2015 | 1.7% | £871pcm |
| April 2014 | 2.9% | £857pcm |
| April 2013 | 2.7% | £833pcm |
| April 2012 | 0.7% | £812pcm |
| April 2011 | -0.6% | £806pcm |
| April 2010 | 0.8% | £811pcm |
| April 2009 | -4.5% | £804pcm |
| April 2008 | 1.8% | £842pcm |
| April 2007 | 0% | £827pcm |
The last sale was on 12th April 2012 for £282,500 and since then the market in the area has increased by 64.8%. The postcode has had a total of 4 sales since 1995.
NG23 5QZ has seen no sales in the last three years and no sales in the last twelve months.
NG23 5QZ is the 359th largest and the 271st most expensive postcode out of the 759 postcodes in the NG23 area.
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The closest station to NG23 5QZ is Newark Castle station which is 3.1 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NG23 5QZ, 52.8% of property is privately owned outright and 35.9% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NG23 5QZ, 12.5% of residents are recorded as possessing school level qualifications and 52.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG23 5QZ, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NG23 5QZ, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NG23 5QZ, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.