2.3% Below average
Rental Yield in NG23 — NEWARK
Rent data based on Newark and Sherwood local authority median. Our methodology
Below average ↓ below East Midlands average (3.5%)
· ↓ below England average (3.6%)
£334,530
Median Price
£650
Monthly Rent
2.3%
Gross Yield
760
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £388,000 | 495 |
| Semi-detached | £246,000 | 152 |
| Terraced | £182,000 | 61 |
| Flat | £190,000 | 11 |
| Other | £465,000 | 41 |
Compare Nearby Postcodes
Compare NG23 side by side →NG23 is part of Newark and Sherwood. View all postcode districts in Newark and Sherwood.
Frequently Asked Questions
What is the rental yield in NG23?
NG23 has a gross rental yield of 2.3%. The median property price is £334,530 with typical monthly rents of £650, based on Land Registry and VOA data.
Is NG23 a good area for buy-to-let?
NG23 yields 2.3%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Newark and Sherwood for alternatives.
What is the median property price in NG23?
The median property price in NG23 is £334,530, based on 760 Land Registry transactions over 3 years. This compares to £215,000 across Newark and Sherwood as a whole.
Data updated quarterly · Last update: Q1 2026