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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 7GZHouse Prices / East Midlands, Newark and Sherwood, Old School Lane
Last updated May 2026
Key Postcode Insights
NG23 7GZ is a residential postcode situated on Old School Lane, Besthorpe, Newark, NG23 with 2 addresses.
It ranks as the 138th largest and 594th 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 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
NG23 7GZ is a residential postcode situated on Old School Lane, Besthorpe, Newark, NG23 with 2 addresses.
It ranks as the 138th largest and 594th 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 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin NG23 7GZ
Sale prices range from £358,236 for 3 bedroom freehold houses with a garden (1,063 ft2) to £613,938 for 5 bedroom freehold houses with a garden (2,820 ft2) .
Monthly rental prices range from £1,399 pcm for 3 bed houses to £2,233 pcm for 5 bed houses.
The gross rental yield is between 4.4% and 4.7%.
The average value per square foot is £277.
Average Sale Value
£486,087
Average Rental Value
£1,816 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£277 /ft2
Sales Market Trendsin NG23 7GZ
The last sale in NG23 7GZ sold for £449,950 on 18th March 2016. Since then prices are up an average of 40.0%.
The current average value in the postcode is £486,087.
The NG23 7GZ Sales Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £486,087 |
| April 2025 | 3.7% | £496,909 |
| April 2024 | -3% | £479,233 |
| April 2023 | 3.1% | £493,908 |
| April 2022 | 10.3% | £479,246 |
| April 2021 | 6.3% | £434,635 |
| April 2020 | 2.8% | £409,052 |
| April 2019 | 2.9% | £397,924 |
| April 2018 | 4.5% | £386,897 |
| April 2017 | 5.8% | £370,249 |
| April 2016 | 4.9% | £349,895 |
| April 2015 | 3.2% | £333,552 |
| April 2014 | 6.9% | £323,101 |
| April 2013 | 4.1% | £302,183 |
| April 2012 | -0.1% | £290,348 |
| April 2011 | -1.2% | £290,542 |
| April 2010 | 3.6% | £293,994 |
| April 2009 | -10.8% | £283,661 |
| April 2008 | 0.4% | £317,861 |
| April 2007 | 0% | £316,623 |
Rental Market Trendsin NG23 7GZ
The current average rental value in the postcode is £1,816.
The NG23 7GZ Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,816pcm |
| April 2025 | 0.8% | £1,774pcm |
| April 2024 | 8% | £1,760pcm |
| April 2023 | 9.2% | £1,630pcm |
| April 2022 | 6.4% | £1,492pcm |
| April 2021 | 3.4% | £1,402pcm |
| April 2020 | 1.6% | £1,356pcm |
| April 2019 | 3.2% | £1,335pcm |
| April 2018 | 1.5% | £1,294pcm |
| April 2017 | 2.3% | £1,275pcm |
| April 2016 | 4.7% | £1,246pcm |
| April 2015 | 1.8% | £1,191pcm |
| April 2014 | 3.5% | £1,170pcm |
| April 2013 | 2.9% | £1,130pcm |
| April 2012 | 2.3% | £1,098pcm |
| April 2011 | 1.3% | £1,073pcm |
| April 2010 | 0.5% | £1,060pcm |
| April 2009 | -4.9% | £1,055pcm |
| April 2008 | 3.3% | £1,110pcm |
| April 2007 | 0% | £1,074pcm |
Explore Propertiesin NG23 7GZ, Old School Lane, Besthorpe, Newark, NG23
Sales Historyin NG23 7GZ
The last sale was on 18th March 2016 for £449,950 and since then the market in the area has increased by 40.0%. The postcode has had a total of 2 sales since 1995.
NG23 7GZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NG23 7GZ
NG23 7GZ is the 138th largest and the 594th most expensive postcode out of the 759 postcodes in the NG23 area.
- 74 mNG23 7BN, Church Lane, Besthorpe, Newark, NG23NG23 7BN4 Addresses
- 103 mNG23 7HT, Pings Close, Besthorpe, Newark, NG23NG23 7HT5 Addresses
- 127 mNG23 7HJ, Low Road, Besthorpe, Newark, NG23NG23 7HJ36 Addresses
- 145 mNG23 7FL, Waddington Lane, Besthorpe, Newark, NG23NG23 7FL1 Addresses
- 189 mNG23 7HL, Trent Lane, Besthorpe, Newark, NG23NG23 7HL8 Addresses
- 237 mNG23 7HR, Main Road, Besthorpe, Newark, NG23NG23 7HR12 Addresses
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Property Typesin NG23 7GZ
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiencyof properties in NG23 7GZ
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Schools Nearbyto NG23 7GZ
The nearest primary school to NG23 7GZ is Sutton-On-Trent Primary and Nursery School which is 2.8 kilometres away.
- 2.8kmSutton-On-Trent Primary and Nursery School
- 3.0kmJohn Blow Primary School
- 3.1kmNorth Scarle Primary School
The nearest secondary school is Tuxford Academy which is 10.3 kilometres away.
- 10.3kmTuxford Academy
- 11.3kmNorth Kesteven Academy
- 11.7kmSir Robert Pattinson Academy
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Public Transport Nearbyto NG23 7GZ
The closest station to NG23 7GZ is Collingham station which is 3.4 kilometres away.
- 3.4kmCollingham
- 4.2kmSwinderby
- 10.4kmNewark Northgate
- 10.8kmNewark Castle
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