Property Data OutlookNG24
30,877 recorded transactions · Part of Newark and Sherwood
Compare with another area →Market outlook for NG24
Key indicators for buyers
The NG24 market is moderately favourable for buyers. Prices have softened (-6.3%), which could present a buying opportunity. Affordability has improved from a peak of 8.4x in 2022 to 7.0x today. Rising rents (£787/mo, +3.2%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Newark and Sherwood area
A home in Newark and Sherwood costs 7.0x the local median salary — moderate, improving from a peak of 8.4x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Newark and Sherwood area
Average monthly rent in Newark and Sherwood is £787, up 3.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Newark and Sherwood price of £227,418 with a 25% deposit (£57k), a 2-year fixed mortgage at 3.97% costs around £897 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NG24 avg. price with Newark and Sherwood rental data
Monthly mortgage payments (£897) are £110 more than renting (£787). However, buying requires an upfront deposit of £57k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
65, ALBERT STREET NG24 4BB | Terraced | £168,000 | 28 Jan 2026 |
157, BARNBY GATE NG24 1RJ | Terraced | £125,000 | 23 Jan 2026 |
34, DALE CRESCENT, FERNWOOD NG24 3JT | Detached | £220,000 | 20 Jan 2026 |
16, WINDSOR ROAD NG24 4HS | Detached | £370,000 | 15 Jan 2026 |
202, BOWBRIDGE ROAD NG24 4EL | Detached | £216,500 | 14 Jan 2026 |
23, CARLTON ROAD NG24 4HD | Semi-detached | £197,000 | 12 Jan 2026 |
76, LIME GROVE NG24 4AH | Terraced | £165,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.