NG24 2HE is a residential postcode located on Welland Close, Newark, NG24. It is the 427th largest postcode in the NG24 area.
It contains 10 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £195,334. Sales values have increased in the last 12 months by 3.2% and Rental values have increased by 2.2%.
Property sale values range from £160,644 for a freehold house, with 3 bedrooms split across 751 square feet of gross internal area and has a garden to £289,945 for a freehold house, with 4 bedrooms split across 1,660 square feet of gross internal area and has a garden.
Average £/ft2 for properties in NG24 2HE is £246/ft2.
Properties achieve a rental yield of between 5.1% and 6%, and rental values range from £805 to £1,230 per month.
The last sale was 29 Oct 2021 for £205,000 and since then the market in the area as increased by 5.3%. The postcode has had a total of 4 sales since 1995.
NG24 2HE has seen 1 sale in the last three years and no sales in the last twelve months.
NG24 2HE is the 427th largest and the 643rd most expensive postcode out of the 1,217 postcodes in the NG24 area.
NG24 2HE is a residential postcode located on Welland Close, Newark, NG24 with 10 houses within its bounds.
The most common property type in NG24 2HE is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to NG24 2HE is Newark Northgate station which is 500 m 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 NG24 2HE, 34.2% of property is privately owned with a mortgage and 31.6% is privately owned outright.
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 NG24 2HE, 17.4% of residents are recorded as possessing school level qualifications and 17.4% 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 NG24 2HE, the average age was 39.6 and the most common age was 32.
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 2HE, 0.3% 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 2HE, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.