Broadgate Lane - NG23 5RZ
Key Postcode Insights
NG23 5RZ is a residential postcode situated on Broadgate Lane, Kelham, Newark, NG23 with 15 addresses.
It ranks as the 567th largest and 506th most expensive of the 759 postcodes in the NG23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 11 houses and 4 other properties.
- Ave. Sale Price
- £439,487
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,583pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
NG23 5RZ is a residential postcode situated on Broadgate Lane, Kelham, Newark, NG23 with 15 addresses.
It ranks as the 567th largest and 506th most expensive of the 759 postcodes in the NG23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 11 houses and 4 other properties.
- Ave. Sale Price
- £439,487
- 10 Year change
- up 37.2%
- Ave. Rental Price
- £1,583pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Properties in NG23 5RZ
- 1 Orchard Cottage Broadgate Lane
3 Bed Mid-century House
- 2 Orchard Cottage Broadgate Lane
3 Bed Mid-century House
- Broadlands
House
- Cherrytrees
House
- Colerne
4 Bed Early-century House
Sales Market Trends
The last sale in NG23 5RZ sold for £545,500 on 23rd February 2024. Since then prices are up an average of 0.8%.
The current average value in the postcode is £439,487.
The NG23 5RZ Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £439,487 |
| June 2025 | 1.1% | £441,511 |
| June 2024 | -0.5% | £436,541 |
| June 2023 | 0.3% | £438,573 |
| June 2022 | 10.6% | £437,115 |
| June 2021 | 7.4% | £395,045 |
| June 2020 | 1.6% | £367,893 |
| June 2019 | 1.1% | £361,959 |
| June 2018 | 5.9% | £357,990 |
| June 2017 | 5.6% | £338,144 |
| June 2016 | 3.6% | £320,323 |
| June 2015 | 5.2% | £309,172 |
| June 2014 | 4.1% | £293,834 |
| June 2013 | 1.9% | £282,373 |
| June 2012 | 1.7% | £277,028 |
| June 2011 | -0.5% | £272,493 |
| June 2010 | 6.2% | £273,738 |
| June 2009 | -7.8% | £257,866 |
| June 2008 | -4.5% | £279,803 |
| June 2007 | 0% | £292,843 |
Rental Market Trends
The current average rental value in the postcode is £1,583.
The NG23 5RZ Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,583pcm |
| June 2025 | 5.7% | £1,547pcm |
| June 2024 | 5.9% | £1,463pcm |
| June 2023 | 8.9% | £1,381pcm |
| June 2022 | 8.5% | £1,268pcm |
| June 2021 | 4.8% | £1,170pcm |
| June 2020 | 2.7% | £1,116pcm |
| June 2019 | 1.6% | £1,087pcm |
| June 2018 | 1.8% | £1,069pcm |
| June 2017 | 1.9% | £1,051pcm |
| June 2016 | 6.4% | £1,031pcm |
| June 2015 | 0.1% | £969pcm |
| June 2014 | 2.9% | £968pcm |
| June 2013 | 1.7% | £940pcm |
| June 2012 | 1.1% | £924pcm |
| June 2011 | -0.4% | £914pcm |
| June 2010 | 2.2% | £918pcm |
| June 2009 | -0.7% | £898pcm |
| June 2008 | -1.2% | £904pcm |
| June 2007 | 0% | £915pcm |
Sales History
The last recorded sale was on 23rd February 2024 for £545,500 and since then the market in the area has increased by 0.8%.
NG23 5RZ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Feb 2024£545,500 | 4 Bed HouseThe Holt, Broadgate Lane, Newark, NG23 5RZThe Holt, Broadgate Lane, Newark, NG23 5RZ
- Sold Jul 2023£675,000 | 4 Bed HousePeachcroft, Broadgate Lane, Newark, NG23 5RZPeachcroft, Broadgate Lane, Newark, NG23 5RZ
- Sold Mar 2021£440,000 | 4 Bed HousePeachcroft, Broadgate Lane, Newark, NG23 5RZPeachcroft, Broadgate Lane, Newark, NG23 5RZ
Nearby Postcodes
NG23 5RZ is the 567th largest and the 506th most expensive postcode out of the 759 postcodes in the NG23 area.
- NG23 5QP, Main Street, Kelham, Newark, NG23NG23 5QP9 Addresses|321 m away
- NG23 5QB, Home Farm Close, Kelham, Newark, NG23NG23 5QB24 Addresses|334 m away
- NG23 5QU, The Rutlands, Kelham, Newark, NG23NG23 5QU5 Addresses|363 m away
- NG23 5QS, Ollerton Road, Kelham, Newark, NG23NG23 5QS3 Addresses|365 m away
- NG23 5QR, Trent Cottages, Kelham, Newark, NG23NG23 5QR6 Addresses|393 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 5 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- period house (3)
- modern house (1)
- mid-century house (5)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (7)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jul 2023£675,000 | 4 Bed HousePeachcroft, Broadgate Lane, Newark, NG23 5RZPeachcroft, Broadgate Lane, Newark, NG23 5RZ
- Sold Feb 2024£545,500 | 4 Bed HouseThe Holt, Broadgate Lane, Newark, NG23 5RZThe Holt, Broadgate Lane, Newark, NG23 5RZ
- Sold Mar 2021£440,000 | 4 Bed HousePeachcroft, Broadgate Lane, Newark, NG23 5RZPeachcroft, Broadgate Lane, Newark, NG23 5RZ
Schools Nearby
- Christ Church C of E Primary School3.3 km away
- Mount CofE Primary School3.4 km away
- Lovers Lane Primary and Nursery School3.5 km away
- Magnus Church of England Academy4.3 km away
- The Newark Academy5.6 km away
- The Suthers School7.7 km away
More reading links
Public Transport Nearby
The closest station to NG23 5RZ is Newark Castle station, which is 3.0 kilometres away.
- Newark Castle|3.0 km away
- Newark Northgate|3.6 km away
- Rolleston|4.5 km away
- Fiskerton|5.6 km away
