AI Property Valuation for NG23 — NEWARK
AI Estimate
£356,244
Range: £327,744 – £384,744 (±8%)
808 sales (12mo)
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🏠
Detached
£435,877
524 sold (12mo)
🏘️
Semi-Detached
£260,833
165 sold (12mo)
🏡
Terraced
£206,348
65 sold (12mo)
🏢
Flat
£182,909
11 sold (12mo)
Price History — NG23
Price Forecast
Current
£356,244
1-Year
£378,537
-3%
3-Year
£356,063
-8.8%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£724
Gross Yield
2.23%
Net Yield (est.)
1.78%
Region Average
1.83%
Annual rental income estimate: £8,688. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
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Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Below avg
5/1000 (-93.8% vs national)
🎓
Schools
2 Good+
12 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
119 Mbps
Average download speed
🏛️
Council Tax
£2,015
Band D — South Kesteven
🔑
Tenure
31% Owner
16% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in NG23?
The AI-estimated average house price in NG23 (NEWARK) is £356,244, based on 808 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in NG23?
The estimated gross rental yield in NG23 is 2.23%, based on an average monthly rent of £724 and average property price of £390,301. The estimated net yield after costs is 1.78%.
Is NG23 a good area to invest in?
NG23 has an overall investment score of 5/10. This considers price growth (5.6/10), rental yield (0.4/10), safety (9.7/10), schools (1.7/10), and connectivity (10/10).
What are property prices by type in NG23?
Average prices in NG23 by property type: detached (£435,877), semi-detached (£260,833), terraced (£206,348), flats (£182,909). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for NG23?
Our AI estimates for NG23 are based on Land Registry transaction data, local market trends, and area characteristics. With 808 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.