NG23 7HW is a residential postcode located on Fleet Lane, Besthorpe, Newark, NG23. It is the 417th largest postcode in the NG23 area.
It contains 7 houses and the most common type of property is a modern house built after 1980.
The average house value is £170,735. Sales values have increased in the last 12 months by 4.2% and Rental values have increased by 4.7%.
Property sale values range from £169,322 for a freehold house, with 2 bedrooms split across 646 square feet of gross internal area and has a garden to £259,333 for a freehold house, with 4 bedrooms split across 1,335 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NG23 7HW is £260/ft2.
Properties achieve a rental yield of between 5.7% and 6.2%, and rental values range from £881 to £1,224 per month.
The last sale was 30 Nov 2021 for £150,000 and since then the market in the area as increased by 5.9%. The postcode has had a total of 4 sales since 1995.
NG23 7HW has seen 1 sale in the last three years and no sales in the last twelve months.
NG23 7HW is the 417th largest and the 12th most expensive postcode out of the 755 postcodes in the NG23 area.
NG23 7HW is a residential postcode located on Fleet Lane, Besthorpe, Newark, NG23 with 7 houses within its bounds.
The most common property type in NG23 7HW is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to NG23 7HW is Collingham station which is 3.7 km away.
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 7HW, 50.6% of property is privately owned outright and 33.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 7HW, 19.3% of residents are recorded as possessing school level qualifications and 34.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around NG23 7HW, 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 7HW, 3.8% 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 7HW, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.