NG23 7LQ is a residential postcode situated on The Green, Collingham, Newark, NG23 with 18 addresses.
It ranks as the 613th largest and 512th most expensive of the 759 postcodes in the NG23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
NG23 7LQ is a residential postcode situated on The Green, Collingham, Newark, NG23 with 18 addresses.
It ranks as the 613th largest and 512th most expensive of the 759 postcodes in the NG23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
Sale prices range from £163,222 for 2 bedroom leasehold flats with a garden (710 ft2) to £620,357 for 5 bedroom freehold houses with a garden (2,120 ft2) .
Monthly rental prices range from £827 pcm for 2 bed flats to £2,097 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 6.3%.
The average value per square foot is £256.
The last sale in NG23 7LQ sold for £302,000 on 10th August 2021. Since then prices are up an average of 10.8%.
The current average value in the postcode is £381,338.
The NG23 7LQ Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £381,338 |
| April 2025 | 2.4% | £388,307 |
| April 2024 | -2.9% | £379,341 |
| April 2023 | 4.5% | £390,862 |
| April 2022 | 11.7% | £374,113 |
| April 2021 | 4.2% | £334,932 |
| April 2020 | 5.5% | £321,466 |
| April 2019 | 0.1% | £304,625 |
| April 2018 | 4.1% | £304,470 |
| April 2017 | 6.7% | £292,520 |
| April 2016 | 4.4% | £274,156 |
| April 2015 | 2.4% | £262,604 |
| April 2014 | 6.3% | £256,446 |
| April 2013 | 4.4% | £241,225 |
| April 2012 | -1.2% | £231,025 |
| April 2011 | -0.2% | £233,877 |
| April 2010 | 2.6% | £234,247 |
| April 2009 | -11.3% | £228,249 |
| April 2008 | 0.9% | £257,415 |
| April 2007 | 0% | £255,227 |
The current average rental value in the postcode is £1,514.
The NG23 7LQ Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,514pcm |
| April 2025 | 5% | £1,485pcm |
| April 2024 | 7% | £1,415pcm |
| April 2023 | 9.3% | £1,322pcm |
| April 2022 | 8.4% | £1,210pcm |
| April 2021 | 4.9% | £1,115pcm |
| April 2020 | 1.5% | £1,063pcm |
| April 2019 | 1.7% | £1,048pcm |
| April 2018 | 1.2% | £1,030pcm |
| April 2017 | 2.4% | £1,018pcm |
| April 2016 | 4.8% | £994pcm |
| April 2015 | 1.7% | £949pcm |
| April 2014 | 2.7% | £933pcm |
| April 2013 | 2.1% | £908pcm |
| April 2012 | 0.4% | £889pcm |
| April 2011 | -0.4% | £886pcm |
| April 2010 | 0.2% | £889pcm |
| April 2009 | -4.6% | £887pcm |
| April 2008 | 1.7% | £930pcm |
| April 2007 | 0% | £915pcm |
The last sale was on 10th August 2021 for £302,000 and since then the market in the area has increased by 10.8%. The postcode has had a total of 12 sales since 1995.
NG23 7LQ has seen no sales in the last three years and no sales in the last twelve months.
NG23 7LQ is the 613th largest and the 512th most expensive postcode out of the 759 postcodes in the NG23 area.
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The closest station to NG23 7LQ is Collingham station which is 800 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7LQ, 58.1% of property is privately owned outright and 30.9% 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 7LQ, 13.6% of residents are recorded as possessing school level qualifications and 51.0% 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 7LQ, 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 7LQ, 2.4% 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 7LQ, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.