NG24 5AE is a residential postcode situated on Victor Way, Fernwood, Newark, NG24 with 7 addresses.
It ranks as the 290th largest and 1096th most expensive of the 1,199 postcodes in the NG24 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
NG24 5AE is a residential postcode situated on Victor Way, Fernwood, Newark, NG24 with 7 addresses.
It ranks as the 290th largest and 1096th most expensive of the 1,199 postcodes in the NG24 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £264,863 for 3 bedroom freehold houses with a garden (828 ft2) to £406,383 for 4 bedroom freehold houses with a garden (1,700 ft2) .
Monthly rental prices range from £990 pcm for 3 bed houses to £1,304 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 4.5%.
The average value per square foot is £256.
The last sale in NG24 5AE sold for £380,000 on 28th March 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £351,568.
The NG24 5AE Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £351,568 |
| April 2025 | 0.2% | £353,298 |
| April 2024 | -1.2% | £352,601 |
| April 2023 | 3.5% | £357,024 |
| April 2022 | 9.8% | £345,028 |
| April 2021 | 6.9% | £314,201 |
| April 2020 | 0.6% | £294,023 |
| April 2019 | 1.2% | £292,264 |
| April 2018 | 7.7% | £288,933 |
| April 2017 | 4.7% | £268,172 |
| April 2016 | 5.1% | £256,158 |
| April 2015 | 3.3% | £243,828 |
| April 2014 | 5.2% | £235,931 |
| April 2013 | 5% | £224,197 |
| April 2012 | 1.2% | £213,503 |
| April 2011 | -3.4% | £210,942 |
| April 2010 | 4.4% | £218,421 |
| April 2009 | -11.7% | £209,252 |
| April 2008 | 1.7% | £237,038 |
| April 2007 | 0% | £233,040 |
The current average rental value in the postcode is £1,177.
The NG24 5AE Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,177pcm |
| April 2025 | 5.2% | £1,151pcm |
| April 2024 | 6.2% | £1,094pcm |
| April 2023 | 9.7% | £1,031pcm |
| April 2022 | 8.3% | £940pcm |
| April 2021 | 5.4% | £868pcm |
| April 2020 | 1.8% | £824pcm |
| April 2019 | 1.7% | £809pcm |
| April 2018 | 1.9% | £796pcm |
| April 2017 | 2.6% | £781pcm |
| April 2016 | 5.9% | £761pcm |
| April 2015 | 1% | £718pcm |
| April 2014 | 2.2% | £711pcm |
| April 2013 | 3.3% | £696pcm |
| April 2012 | 0.9% | £673pcm |
| April 2011 | 0.4% | £668pcm |
| April 2010 | 1.5% | £665pcm |
| April 2009 | -3.4% | £655pcm |
| April 2008 | 3.3% | £678pcm |
| April 2007 | 0% | £657pcm |
The last sale was on 28th March 2025 for £380,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 8 sales since 1995.
NG24 5AE has seen 8 sales in the last three years and no sales in the last twelve months.
NG24 5AE is the 290th largest and the 1096th most expensive postcode out of the 1,199 postcodes in the NG24 area.
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The closest station to NG24 5AE is Newark Northgate station which is 4.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NG24 5AE, % of property is and % is .
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 NG24 5AE, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 NG24 5AE, 0.0% 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 NG24 5AE, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.