Key indicators for buyers
The NG23 market is moderately favourable for buyers. Prices have softened (-20.7%), 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Newark and Sherwood price of £306,295 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,209 per month.
Monthly cost comparison based on current data
Uses NG23 avg. price with Newark and Sherwood rental data
Monthly mortgage payments (£1,209) are £422 more than renting (£787). However, buying requires an upfront deposit of £77k — it would take around 21 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
23, THE HEMPLANDS, COLLINGHAM NG23 7PE | Detached | £280,000 | 28 Jan 2026 |
THE MANOR, SOUTH STREET, NORMANTON ON TRENT NG23 6RQ | Detached | £530,000 | 16 Jan 2026 |
TRENT LODGE, TRENT LANE, SOUTH CLIFTON NG23 7AE | Semi-detached | £240,000 | 13 Jan 2026 |
2, RECTORY LANE, CLAYPOLE NG23 5BH | Detached | £169,859 | 13 Jan 2026 |
52B, CHURCH STREET, LONG BENNINGTON NG23 5ES | Detached | £320,000 | 12 Jan 2026 |
16, THE MEADOWS, LONG BENNINGTON NG23 5EL | Detached | £357,000 | 12 Jan 2026 |
MYVARA, HOPYARD LANE, BATHLEY NG23 6DQ |
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.
The average property in NG23 sold for £306,295 in 2026, with a median of £300,000 across 8 transactions. Prices fell 20.7% compared to the previous year.
| Detached |
| £335,000 |
| 9 Jan 2026 |
7, STATION ROAD, HARBY NG23 7EQ | Terraced | £218,500 | 7 Jan 2026 |
2, THE COTTAGE, FOSSE ROAD, BROUGH NG23 7QE | Semi-detached | £230,000 | 19 Dec 2025 |
58, WINDSOR CLOSE, COLLINGHAM NG23 7PR | Semi-detached | £223,000 | 19 Dec 2025 |
PALIS HALL, MOORHOUSE NG23 6LU | Detached | £755,000 | 19 Dec 2025 |
MULBERRY COTTAGE, STAYTHORPE ROAD, AVERHAM NG23 5RA | Detached | £334,060 | 17 Dec 2025 |
OAK LEA, WALTONS LANE, NORTH MUSKHAM NG23 6EU | Detached | £335,000 | 17 Dec 2025 |
95, SWINDERBY ROAD, COLLINGHAM NG23 7PB | Semi-detached | £235,000 | 17 Dec 2025 |
RAVENSCROFT, TOAD LANE, ELSTON NG23 5NS | Detached | £548,000 | 17 Dec 2025 |
5, PADDOCK CLOSE, ELSTON NG23 5PJ | Semi-detached | £323,000 | 17 Dec 2025 |
5, TRENT BANK, SOUTH CLIFTON NG23 7AJ | Detached | £520,000 | 17 Dec 2025 |
55, MAIN STREET, CLAYPOLE NG23 5BA | Detached | £880,175 | 16 Dec 2025 |
2, OAKLANDS CLOSE, COLLINGHAM NG23 7RQ | Detached | £395,000 | 16 Dec 2025 |
6, FARM CLOSE, BATHLEY NG23 6DS | Semi-detached | £280,000 | 16 Dec 2025 |
The most recent recorded sale in NG23 was a detached property on The Hemplands for £280,000 in January 2026. Across the last 20 sales, the median price was £334,060.