George Street - NG24 1LU
Key Postcode Insights
NG24 1LU is a residential postcode situated on George Street, Newark, NG24 with 30 addresses.
It ranks as the 839th largest and 140th most expensive of the 1,199 postcodes in the NG24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 30 properties: 8 houses, 18 flats and 4 other properties.
- Ave. Sale Price
- £118,115
- 10 Year change
- up 30.2%
- Ave. Rental Price
- £659pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NG24 1LU is a residential postcode situated on George Street, Newark, NG24 with 30 addresses.
It ranks as the 839th largest and 140th most expensive of the 1,199 postcodes in the NG24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 30 properties: 8 houses, 18 flats and 4 other properties.
- Ave. Sale Price
- £118,115
- 10 Year change
- up 30.2%
- Ave. Rental Price
- £659pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NG24 1LU
- 2 Maltsers Court George Street
3 Bed Mid-century House
- 4 Maltsers Court George Street
3 Bed Modern House
- The Maltings
Period Building | 5 Units
- The Maltkiln
Modern Building | 5 Units
- The Old Boys Club
Modern Building | 7 Units
Sales Market Trends
The last sale in NG24 1LU sold for £163,000 on 9th January 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £118,115.
The NG24 1LU Sales Market has increased by 30.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £118,115 |
| June 2025 | -0.8% | £118,545 |
| June 2024 | 1% | £119,523 |
| June 2023 | 0.9% | £118,303 |
| June 2022 | 8.9% | £117,200 |
| June 2021 | 6.8% | £107,660 |
| June 2020 | 0.3% | £100,842 |
| June 2019 | 1.3% | £100,535 |
| June 2018 | 5.2% | £99,197 |
| June 2017 | 4% | £94,282 |
| June 2016 | 3.5% | £90,696 |
| June 2015 | 3.4% | £87,655 |
| June 2014 | 6.4% | £84,809 |
| June 2013 | 2% | £79,701 |
| June 2012 | 0.4% | £78,166 |
| June 2011 | -3.2% | £77,824 |
| June 2010 | 2.5% | £80,416 |
| June 2009 | -10.9% | £78,480 |
| June 2008 | -3.1% | £88,079 |
| June 2007 | 0% | £90,925 |
Rental Market Trends
The current average rental value in the postcode is £659.
The NG24 1LU Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £659pcm |
| June 2025 | 5.3% | £639pcm |
| June 2024 | 6.4% | £607pcm |
| June 2023 | 8.4% | £570pcm |
| June 2022 | 7.1% | £526pcm |
| June 2021 | 3.8% | £491pcm |
| June 2020 | 2.6% | £473pcm |
| June 2019 | 1.3% | £461pcm |
| June 2018 | 0.7% | £456pcm |
| June 2017 | 1.1% | £453pcm |
| June 2016 | 5.3% | £448pcm |
| June 2015 | 0% | £425pcm |
| June 2014 | 2.6% | £425pcm |
| June 2013 | 1.4% | £415pcm |
| June 2012 | 0.5% | £409pcm |
| June 2011 | -1% | £407pcm |
| June 2010 | 0.5% | £411pcm |
| June 2009 | -2.6% | £409pcm |
| June 2008 | -1.2% | £420pcm |
| June 2007 | 0% | £425pcm |
Sales History
The last sale was on 9th January 2025 for £163,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 18 sales since 1995.
NG24 1LU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£163,000 | 3 Bed House2 Maltsers Court, George Street, Newark, NG24 1LU2 Maltsers Court, George Street, Newark, NG24 1LU
- Sold Mar 2023£245,000 | 2 Bed FlatFlat 1, The Old Leather Bottle 34, George Street, Newark, NG24 1LUFlat 1, The Old Leather Bottle 34, George Street, Newark, NG24 1LU
- Sold Oct 2022£140,000 | 2 Bed Flat3 The Maltkiln, George Street, Newark, NG24 1LU3 The Maltkiln, George Street, Newark, NG24 1LU
- Sold Dec 2021£230,000 | 4 Bed House2 The Maltings, George Street, Newark, NG24 1LU2 The Maltings, George Street, Newark, NG24 1LU
- Sold Mar 2019£115,000 | 2 Bed Flat1A The Maltings, George Street, Newark, NG24 1LU1A The Maltings, George Street, Newark, NG24 1LU
Nearby Postcodes
NG24 1LU is the 839th largest and the 140th most expensive postcode out of the 1,199 postcodes in the NG24 area.
- NG24 1PD, George Street, Newark, NG24NG24 1PD10 Addresses|18 m away
- NG24 1JW, George Street, Newark, NG24NG24 1JW4 Addresses|20 m away
- NG24 1LA, George Street, Newark, NG24NG24 1LA6 Addresses|24 m away
- NG24 1GL, George Street, Newark, NG24NG24 1GL9 Addresses|47 m away
- NG24 1NW, St. Georges Court, Newark, NG24NG24 1NW10 Addresses|49 m away
Property Types
- 5 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 18 modern flats built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- period flat (5)
- modern house (1)
- modern flat (18)
- mid-century house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (2)
- C (20)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2023£245,000 | 2 Bed FlatFlat 1, The Old Leather Bottle 34, George Street, Newark, NG24 1LUFlat 1, The Old Leather Bottle 34, George Street, Newark, NG24 1LU
- Sold Dec 2021£230,000 | 4 Bed House2 The Maltings, George Street, Newark, NG24 1LU2 The Maltings, George Street, Newark, NG24 1LU
- Sold Mar 2025£210,000 | 3 Bed Flat1 The Old Grain House, George Street, Newark, NG24 1GL1 The Old Grain House, George Street, Newark, NG24 1GL
Schools Nearby
- Lovers Lane Primary and Nursery School100 m away
- Mount CofE Primary School400 m away
- Barnby Road Academy Primary and Nursery school1.1 km away
- Magnus Church of England Academy1.4 km away
- The Newark Academy2.3 km away
- The Suthers School4.7 km away
More reading links
Public Transport Nearby
The closest station to NG24 1LU is Newark Northgate station, which is 200 metres away.
- Newark Northgate|200 m away
- Newark Castle|700 m away
- Rolleston|6.6 km away
- Fiskerton|7.7 km away
