AIAI Property Valuation for NG24 — NEWARK
AI Estimate
£217,751
Range: £200,331 – £235,171 (±8%)
2,828 sales (12mo)
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🏠
Detached
£332,684
923 sold (12mo)
🏘️
Semi-Detached
£209,776
835 sold (12mo)
🏡
Terraced
£167,843
678 sold (12mo)
🏢
Flat
£128,579
241 sold (12mo)
Price History — NG24
Price Forecast
Current
£217,751
1-Year
£244,218
-3.5%
3-Year
£227,513
-10.1%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£578
Gross Yield
2.74%
Net Yield (est.)
2.19%
Region Average
1.83%
Annual rental income estimate: £6,936. 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
Above avg
112.2/1000 (+38% vs national)
🎓
Schools
6 Good+
19 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
354 Mbps
Average download speed
🏛️
Council Tax
£2,338
Band D — Nottingham Council
🔑
Tenure
31% Owner
14% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in NG24?
The AI-estimated average house price in NG24 (NEWARK) is £217,751, based on 2828 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in NG24?
The estimated gross rental yield in NG24 is 2.74%, based on an average monthly rent of £578 and average property price of £253,025. The estimated net yield after costs is 2.19%.
Is NG24 a good area to invest in?
NG24 has an overall investment score of 3/10. This considers price growth (2.1/10), rental yield (1.2/10), safety (3.1/10), schools (3.2/10), and connectivity (10/10).
What are property prices by type in NG24?
Average prices in NG24 by property type: detached (£332,684), semi-detached (£209,776), terraced (£167,843), flats (£128,579). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for NG24?
Our AI estimates for NG24 are based on Land Registry transaction data, local market trends, and area characteristics. With 2828 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.