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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NG23 5RPHouse Prices / East Midlands, Newark and Sherwood, The Close
Last updated May 2026
Key Postcode Insights
NG23 5RP is a residential postcode situated on The Close, Averham, Newark, NG23 with 14 addresses.
It ranks as the 556th largest and 542nd most expensive of the 759 postcodes in the NG23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
Key Postcode Insights
NG23 5RP is a residential postcode situated on The Close, Averham, Newark, NG23 with 14 addresses.
It ranks as the 556th largest and 542nd most expensive of the 759 postcodes in the NG23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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House Pricesin NG23 5RP
Sale prices range from £264,643 for 3 bedroom freehold houses with a garden (785 ft2) to £542,483 for 5 bedroom freehold houses with a garden (2,113 ft2) .
Monthly rental prices range from £1,210 pcm for 3 bed houses to £2,097 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 5.5%.
The average value per square foot is £257.
Average Sale Value
£438,863
Average Rental Value
£1,662 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£257 /ft2
Sales Market Trendsin NG23 5RP
The last sale in NG23 5RP sold for £400,000 on 27th August 2021. Since then prices are up an average of 7.8%.
The current average value in the postcode is £438,863.
The NG23 5RP Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £438,863 |
| April 2025 | 0.5% | £442,858 |
| April 2024 | 0.1% | £440,769 |
| April 2023 | 2.1% | £440,400 |
| April 2022 | 8.9% | £431,414 |
| April 2021 | 7.3% | £396,210 |
| April 2020 | 2.1% | £369,365 |
| April 2019 | 0.8% | £361,729 |
| April 2018 | 6.7% | £358,758 |
| April 2017 | 4.9% | £336,082 |
| April 2016 | 4.1% | £320,428 |
| April 2015 | 5.1% | £307,953 |
| April 2014 | 4.3% | £293,101 |
| April 2013 | 4.8% | £281,082 |
| April 2012 | 0.2% | £268,166 |
| April 2011 | -1.2% | £267,556 |
| April 2010 | 4.3% | £270,861 |
| April 2009 | -9.7% | £259,816 |
| April 2008 | -0.2% | £287,606 |
| April 2007 | 0% | £288,302 |
Rental Market Trendsin NG23 5RP
The current average rental value in the postcode is £1,662.
The NG23 5RP Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,662pcm |
| April 2025 | 5.3% | £1,630pcm |
| April 2024 | 6.6% | £1,548pcm |
| April 2023 | 9.7% | £1,453pcm |
| April 2022 | 8.6% | £1,325pcm |
| April 2021 | 5.3% | £1,219pcm |
| April 2020 | 1.8% | £1,158pcm |
| April 2019 | 1.8% | £1,138pcm |
| April 2018 | 1.7% | £1,118pcm |
| April 2017 | 2.9% | £1,100pcm |
| April 2016 | 5.3% | £1,069pcm |
| April 2015 | 1.6% | £1,015pcm |
| April 2014 | 2.7% | £999pcm |
| April 2013 | 2.8% | £973pcm |
| April 2012 | 0.8% | £947pcm |
| April 2011 | -0.2% | £939pcm |
| April 2010 | 1.1% | £941pcm |
| April 2009 | -4.1% | £931pcm |
| April 2008 | 2.3% | £970pcm |
| April 2007 | 0% | £949pcm |
Explore Propertiesin NG23 5RP, The Close, Averham, Newark, NG23
- (White), The Close, Newark, NG23 5RP
- Holly House, The Close, Newark, NG23 5RP5 bed house
- Little Hollies, The Close, Newark, NG23 5RP4 bed period house
- Lochindorb, The Close, Newark, NG23 5RP4 bed mid-century house
- Maidstone Cottage, The Close, Newark, NG23 5RP3 bed modern house
- Netherleigh, The Close, Newark, NG23 5RP
- Shearings, The Close, Newark, NG23 5RP
- The Bakehouse, The Close, Newark, NG23 5RP5 bed modern house
- Tredingles, The Close, Newark, NG23 5RP4 bed mid-century house
- Tur School Cottage, The Close, Newark, NG23 5RP3 bed period house
- Willow Tree, The Close, Newark, NG23 5RP
- Woodview, The Close, Newark, NG23 5RP4 bed mid-century house
- 1, The Close, Newark, NG23 5RP4 bed mid-century house
- 2, The Close, Newark, NG23 5RP4 bed mid-century house
Sales Historyin NG23 5RP
The last sale was on 27th August 2021 for £400,000 and since then the market in the area has increased by 7.8%. The postcode has had a total of 13 sales since 1995.
NG23 5RP has seen no sales in the last three years and no sales in the last twelve months.
Sold Aug 2021£400,000 | 4 Bed HouseThe CloseLittle Hollies, The Close, Newark, NG23 5RP
Sold Feb 2020£39,995 | 3 Bed HouseThe CloseMaidstone Cottage, The Close, Newark, NG23 5RP
Sold Jun 2018£220,000 | 3 Bed HouseThe CloseTur School Cottage, The Close, Newark, NG23 5RP
Sold Jan 2016£110,000 | 3 Bed HouseThe CloseTur School Cottage, The Close, Newark, NG23 5RP
Sold May 2015£228,700 | 4 Bed HouseThe CloseWoodview, The Close, Newark, NG23 5RP
Sold May 2014£350,000 | 5 Bed HouseThe CloseHolly House, The Close, Newark, NG23 5RP
Sold Jul 2006£370,000 | 5 Bed HouseThe CloseHolly House, The Close, Newark, NG23 5RP
Sold Apr 2005£225,000 | 5 Bed HouseThe CloseThe Bakehouse, The Close, Newark, NG23 5RP
Sold Jun 2003£150,000 | 4 Bed HouseThe Close2, The Close, Newark, NG23 5RP
Sold Jun 2000£112,500 | 4 Bed HouseThe CloseShearings, The Close, Newark, NG23 5RP
Sold Apr 1999£137,000 | 5 Bed HouseThe CloseHolly House, The Close, Newark, NG23 5RP
Sold Aug 1998£97,000 | 4 Bed HouseThe CloseLochindorb, The Close, Newark, NG23 5RP
Sold Mar 1998£80,000 | 4 Bed HouseThe CloseWoodview, The Close, Newark, NG23 5RP
Nearby Postcodesto NG23 5RP
NG23 5RP is the 556th largest and the 542nd most expensive postcode out of the 759 postcodes in the NG23 area.
- 71 mNG23 5RD, Pinfold Lane, Averham, Newark, NG23NG23 5RD16 Addresses
- 159 mNG23 5QZ, Staythorpe Road, Averham, Newark, NG23NG23 5QZ6 Addresses
- 176 mNG23 5FW, Ayrshire Way, Averham, Newark, NG23NG23 5FW8 Addresses
- 196 mNG23 5RA, Staythorpe Road, Averham, Newark, NG23NG23 5RA26 Addresses
- 248 mNG23 5RB, Church Lane, Averham, Newark, NG23NG23 5RB22 Addresses
- 536 mNG23 5QY, Newark Road, Averham, Newark, NG23NG23 5QY1 Addresses
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Property Typesin NG23 5RP
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (2)
- modern house (2)
- mid-century house (5)
- house (1)
- Unknown (4)
Energy Efficiencyof properties in NG23 5RP
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (2)
- F (0)
- C (0)
- G (1)
- D (6)
- No EPC (5)
Schools Nearbyto NG23 5RP
The nearest primary school to NG23 5RP is St Peter's Crosskeys CofE Academy which is 2.5 kilometres away.
- 2.5kmSt Peter's Crosskeys CofE Academy
- 3.3kmChrist Church C of E Primary School
- 3.4kmHoly Trinity Catholic Voluntary Academy
The nearest secondary school is Magnus Church of England Academy which is 4.4 kilometres away.
- 4.4kmMagnus Church of England Academy
- 5.6kmThe Newark Academy
- 7.4kmThe Suthers School
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Public Transport Nearbyto NG23 5RP
The closest station to NG23 5RP is Rolleston station which is 3.1 kilometres away.
- 3.1kmRolleston
- 3.3kmNewark Castle
- 4.2kmNewark Northgate
- 4.2kmFiskerton
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