NG23 7BL is a residential postcode situated on Nursery Close, Collingham, Newark, NG23 with 5 addresses.
It ranks as the 324th largest and 562nd most expensive of the 759 postcodes in the NG23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
NG23 7BL is a residential postcode situated on Nursery Close, Collingham, Newark, NG23 with 5 addresses.
It ranks as the 324th largest and 562nd most expensive of the 759 postcodes in the NG23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £379,198 for 3 bedroom freehold houses with a garden (1,184 ft2) to £598,435 for 5 bedroom freehold houses with a garden (2,917 ft2) .
Monthly rental prices range from £1,456 pcm for 3 bed houses to £2,310 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 4.6%.
The average value per square foot is £320.
The last sale in NG23 7BL sold for £625,000 on 16th July 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £475,907.
The NG23 7BL Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £475,907 |
| April 2025 | 2.6% | £485,929 |
| April 2024 | -3.3% | £473,836 |
| April 2023 | 4.8% | £489,772 |
| April 2022 | 11.9% | £467,475 |
| April 2021 | 4.5% | £417,631 |
| April 2020 | 5.7% | £399,686 |
| April 2019 | 0.1% | £377,957 |
| April 2018 | 4.4% | £377,392 |
| April 2017 | 7.2% | £361,398 |
| April 2016 | 4.9% | £337,269 |
| April 2015 | 2.3% | £321,414 |
| April 2014 | 6.4% | £314,262 |
| April 2013 | 5.1% | £295,498 |
| April 2012 | -0.8% | £281,111 |
| April 2011 | 0% | £283,496 |
| April 2010 | 3.3% | £283,406 |
| April 2009 | -11% | £274,230 |
| April 2008 | 1.5% | £308,243 |
| April 2007 | 0% | £303,714 |
The current average rental value in the postcode is £1,766.
The NG23 7BL Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,766pcm |
| April 2025 | 5.2% | £1,737pcm |
| April 2024 | 6.7% | £1,652pcm |
| April 2023 | 9.6% | £1,548pcm |
| April 2022 | 8.6% | £1,412pcm |
| April 2021 | 5.2% | £1,300pcm |
| April 2020 | 1.7% | £1,235pcm |
| April 2019 | 1.8% | £1,215pcm |
| April 2018 | 1.6% | £1,193pcm |
| April 2017 | 2.8% | £1,175pcm |
| April 2016 | 5.3% | £1,143pcm |
| April 2015 | 1.6% | £1,085pcm |
| April 2014 | 2.8% | £1,068pcm |
| April 2013 | 2.8% | £1,039pcm |
| April 2012 | 0.8% | £1,011pcm |
| April 2011 | -0.2% | £1,003pcm |
| April 2010 | 0.9% | £1,006pcm |
| April 2009 | -4.3% | £996pcm |
| April 2008 | 2.3% | £1,041pcm |
| April 2007 | 0% | £1,018pcm |
The last sale was on 16th July 2025 for £625,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 11 sales since 1995.
NG23 7BL has seen 1 sale in the last three years and 1 sale in the last twelve months.
NG23 7BL is the 324th largest and the 562nd most expensive postcode out of the 759 postcodes in the NG23 area.
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The closest station to NG23 7BL is Collingham station which is 400 metres 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 7BL, 43.9% of property is privately owned outright and 33.8% 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 7BL, 14.7% of residents are recorded as possessing school level qualifications and 41.2% 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 7BL, the average age was 48.6 and the most common age was 72.
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 7BL, 0.8% 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 7BL, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.