Average Price for property in North Gate, Newark, NG24 is around £101,399 which varies based on type of property you are interested in and ranges from £134,328 for detached house to around £111,284 for semi-detached. Similarly terraced house is around £98,045 and a flat is worth £79,094. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,346 in last 6 months, £6,610 in last 1 year, £10,148 in last 2 years, £12,439 in last 3 years, £11,486 in last 4 years and £10,678 in last 5 years.
Currently average asking price of a property in North Gate, Newark, NG24 is around £1,410,846 based on approximately 6 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 North Gate, Newark, NG24 is £101,399. Average asking price is £1,410,846 while average price paid is £99,991 which is up by £6,610 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 North Gate, Newark, NG24 area. In last 1 year alone average price buyer paid is around £99,991 based on approximately 6 sales in North Gate, Newark, NG24 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £85,934. 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 £83,688 for 22 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £86,351 per sale.