Averham, Newark - NG23 5RU
Key Postcode Insights
NG23 5RU is a residential postcode situated on Averham, Newark, NG23 with 12 addresses.
It ranks as the 521st largest and 286th most expensive of the 759 postcodes in the NG23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 9 houses and 3 other properties.
- Ave. Sale Price
- £404,370
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,769pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £233/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
NG23 5RU is a residential postcode situated on Averham, Newark, NG23 with 12 addresses.
It ranks as the 521st largest and 286th most expensive of the 759 postcodes in the NG23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 9 houses and 3 other properties.
- Ave. Sale Price
- £404,370
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,769pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £233/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties in NG23 5RU
- 2 Averham Park Farm Cottages Newark
3 Bed Mid-century House
- 3 Averham Park Farm Cottages Newark
3 Bed Period House
- 4 Averham Park Farm Cottages Newark
3 Bed Period House
- 5 Averham Park Farm Cottages Newark
3 Bed Mid-century House
Sales Market Trends
The last sale in NG23 5RU sold for £425,000 on 23rd August 2022. Since then prices are up an average of 36.0%.
The current average value in the postcode is £404,370.
The NG23 5RU Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £404,370 |
| June 2025 | 1.1% | £406,232 |
| June 2024 | -0.5% | £401,659 |
| June 2023 | 0.3% | £403,529 |
| June 2022 | 10.6% | £402,187 |
| June 2021 | 7.4% | £363,479 |
| June 2020 | 1.6% | £338,497 |
| June 2019 | 1.1% | £333,037 |
| June 2018 | 5.9% | £329,385 |
| June 2017 | 5.6% | £311,125 |
| June 2016 | 3.6% | £294,727 |
| June 2015 | 5.2% | £284,468 |
| June 2014 | 4.1% | £270,355 |
| June 2013 | 1.9% | £259,810 |
| June 2012 | 1.7% | £254,892 |
| June 2011 | -0.5% | £250,720 |
| June 2010 | 6.2% | £251,865 |
| June 2009 | -7.8% | £237,261 |
| June 2008 | -4.5% | £257,446 |
| June 2007 | 0% | £269,443 |
Rental Market Trends
The current average rental value in the postcode is £1,769.
The NG23 5RU Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,769pcm |
| June 2025 | 5.7% | £1,729pcm |
| June 2024 | 5.9% | £1,635pcm |
| June 2023 | 8.9% | £1,544pcm |
| June 2022 | 8.5% | £1,418pcm |
| June 2021 | 4.8% | £1,307pcm |
| June 2020 | 2.7% | £1,248pcm |
| June 2019 | 1.6% | £1,214pcm |
| June 2018 | 1.8% | £1,195pcm |
| June 2017 | 1.9% | £1,174pcm |
| June 2016 | 6.4% | £1,152pcm |
| June 2015 | 0.1% | £1,082pcm |
| June 2014 | 2.9% | £1,081pcm |
| June 2013 | 1.7% | £1,051pcm |
| June 2012 | 1.1% | £1,033pcm |
| June 2011 | -0.4% | £1,022pcm |
| June 2010 | 2.2% | £1,026pcm |
| June 2009 | -0.7% | £1,003pcm |
| June 2008 | -1.2% | £1,011pcm |
| June 2007 | 0% | £1,023pcm |
Sales History
The last recorded sale was on 23rd August 2022 for £425,000 and since then the market in the area has increased by 36.0%.
NG23 5RU has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2022£425,000 | 4 Bed HouseThe Old Stables, Averham Park Farm, Newark, NG23 5RUThe Old Stables, Averham Park Farm, Newark, NG23 5RU
- Sold Nov 2016£550,000 | 5 Bed HouseThe Grange, Newark, NG23 5RUThe Grange, Newark, NG23 5RU
- Sold May 2011£495,000 | 5 Bed HouseCheveral Lodge, Newark, NG23 5RUCheveral Lodge, Newark, NG23 5RU
Nearby Postcodes
NG23 5RU is the 521st largest and the 286th most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 5TH, Upton, Newark, NG23NG23 5TH2 Addresses|977 m away
- NG23 5RS, Micklebarrow Hill, Averham, Newark, NG23NG23 5RS5 Addresses|1.1 km away
- NG23 5TL, Upton, Newark, NG23NG23 5TL1 Address|1.2 km away
- NG23 5RR, Averham, Newark, NG23NG23 5RR2 Addresses|1.2 km away
- NG23 5RX, Kelham, Newark, NG23NG23 5RX2 Addresses|1.3 km away
Property Types
- 4 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (4)
- modern house (2)
- mid-century house (2)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is F.
- A (0)
- E (1)
- B (0)
- F (3)
- C (2)
- G (0)
- D (2)
- No EPC (4)
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
- Caunton Dean Hole CofE Primary School3.5 km away
- St Peter's Crosskeys CofE Academy5.1 km away
- Lowe's Wong Infant School5.2 km away
- Magnus Church of England Academy6.9 km away
- The Newark Academy8.1 km away
- The Suthers School10.1 km away
More reading links
Public Transport Nearby
The closest station to NG23 5RU is Rolleston station, which is 3.9 kilometres away.
- Rolleston|3.9 km away
- Fiskerton|4.7 km away
- Newark Castle|5.6 km away
- Newark Northgate|6.4 km away
