Average Price for property in Mill Gate, Newark, NG24 is around £150,691 which varies based on type of property you are interested in and ranges from £225,175 for detached house to around £207,102 for semi-detached. Similarly terraced house is around £143,769 and a flat is worth £80,325. Values have been changing and have risen £561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,964 in last 6 months, £9,646 in last 1 year, £14,803 in last 2 years, £18,144 in last 3 years, £16,750 in last 4 years and £15,569 in last 5 years.
Currently average asking price of a property in Mill Gate, Newark, NG24 is around £1,410,846 based on approximately 5 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £39,905 per month.
Estimated property value in Mill Gate, Newark, NG24 is £150,691. Average asking price is £1,410,846 while average price paid is £163,100 which is up by £9,646 and Avg. asking rent £39,905.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Mill Gate, Newark, NG24 area. In last 1 year alone average price buyer paid is around £163,100 based on approximately 5 sales in Mill Gate, Newark, NG24 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £132,639. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £139,480 for 23 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £139,640 per sale.