Averham, Newark - NG23 5RR
Key Postcode Insights
NG23 5RR is a residential postcode situated on Averham, Newark, NG23 with 2 addresses.
It ranks as the 92nd largest of the 759 postcodes in the NG23 area.
The postcode contains a total of 2 properties: 1 house and 1 other property.
- Ave. Sale Price
- £352,010
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 54.2%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
NG23 5RR is a residential postcode situated on Averham, Newark, NG23 with 2 addresses.
It ranks as the 92nd largest of the 759 postcodes in the NG23 area.
The postcode contains a total of 2 properties: 1 house and 1 other property.
- Ave. Sale Price
- £352,010
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 54.2%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Sales Market Trends
The last sale in NG23 5RR sold for £554,700 on 2nd April 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £352,010.
The NG23 5RR Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £352,010 |
| June 2025 | 1.2% | £352,938 |
| June 2024 | -0.3% | £348,696 |
| June 2023 | 0.3% | £349,808 |
| June 2022 | 10.8% | £348,913 |
| June 2021 | 7.5% | £314,817 |
| June 2020 | 1.5% | £292,950 |
| June 2019 | 1.2% | £288,522 |
| June 2018 | 5.8% | £285,227 |
| June 2017 | 5.5% | £269,548 |
| June 2016 | 3.5% | £255,510 |
| June 2015 | 5.3% | £246,961 |
| June 2014 | 4.3% | £234,558 |
| June 2013 | 2.1% | £224,908 |
| June 2012 | 1.7% | £220,371 |
| June 2011 | -0.8% | £216,651 |
| June 2010 | 5.8% | £218,328 |
| June 2009 | -8.5% | £206,450 |
| June 2008 | -4.7% | £225,536 |
| June 2007 | 0% | £236,745 |
Rental Market Trends
The current average rental value in the postcode is £1,445.
The NG23 5RR Rental Market has increased by 54.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,445pcm |
| June 2025 | 5.8% | £1,410pcm |
| June 2024 | 6.1% | £1,332pcm |
| June 2023 | 8.8% | £1,256pcm |
| June 2022 | 8.6% | £1,154pcm |
| June 2021 | 4.9% | £1,063pcm |
| June 2020 | 2.6% | £1,013pcm |
| June 2019 | 1.7% | £987pcm |
| June 2018 | 1.7% | £971pcm |
| June 2017 | 1.9% | £955pcm |
| June 2016 | 6.3% | £937pcm |
| June 2015 | 0.2% | £882pcm |
| June 2014 | 3.1% | £881pcm |
| June 2013 | 1.9% | £854pcm |
| June 2012 | 1.1% | £838pcm |
| June 2011 | -0.7% | £829pcm |
| June 2010 | 1.9% | £835pcm |
| June 2009 | -1.4% | £819pcm |
| June 2008 | -1.4% | £831pcm |
| June 2007 | 0% | £843pcm |
Sales History
The last recorded sale was on 2nd April 2019 for £554,700 and since then the market in the area has remained stable.
NG23 5RR has had 1 sale since 1995, none of them in the last three years.
- Sold Apr 2019£554,700 | 4 Bed HouseFlash Farm, Newark, NG23 5RRFlash Farm, Newark, NG23 5RR
Nearby Postcodes
NG23 5RR is the 92nd largest and the 322nd most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 5RS, Micklebarrow Hill, Averham, Newark, NG23NG23 5RS5 Addresses|296 m away
- NG23 5RU, Averham, Newark, NG23NG23 5RU12 Addresses|1.2 km away
- NG23 5TH, Upton, Newark, NG23NG23 5TH2 Addresses|1.4 km away
- NG23 5RD, Pinfold Lane, Averham, Newark, NG23NG23 5RD16 Addresses|1.5 km away
- NG23 5RP, The Close, Averham, Newark, NG23NG23 5RP14 Addresses|1.5 km away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2008£595,000 | 5 Bed HouseCheveral Lodge, Newark, NG23 5RUCheveral Lodge, Newark, NG23 5RU
- Sold Apr 2019£554,700 | 4 Bed HouseFlash Farm, Newark, NG23 5RRFlash Farm, Newark, NG23 5RR
- Sold Nov 2016£550,000 | 5 Bed HouseThe Grange, Newark, NG23 5RUThe Grange, Newark, NG23 5RU
Schools Nearby
- St Peter's Crosskeys CofE Academy3.8 km away
- Caunton Dean Hole CofE Primary School4.6 km away
- Christ Church C of E Primary School4.7 km away
- Magnus Church of England Academy5.8 km away
- The Newark Academy7.0 km away
- The Suthers School8.9 km away
More reading links
Public Transport Nearby
The closest station to NG23 5RR is Rolleston station, which is 3.1 kilometres away.
- Rolleston|3.1 km away
- Fiskerton|4.1 km away
- Newark Castle|4.6 km away
- Newark Northgate|5.4 km away
