# NG24 3JT Area Summary
The NG24 3JT postcode falls within Newark-on-Trent in Nottinghamshire, a historic market town with strong transport links to major cities including Nottingham and Lincoln. This particular area demonstrates notably affordable property values, with an average price of £102,041 based on 70 properties – significantly below both regional and national averages. This pricing level typically indicates a mix of smaller terraced homes, flats, and potentially ex-local authority housing stock, making it particularly accessible for first-time buyers and property investors seeking rental opportunities.
The remarkably competitive pricing in this postcode area reflects Newark's position as an affordable market town option whilst still offering good connectivity via the A1 and East Coast Main Line rail services. The lower price point suggests this may be one of the more budget-friendly pockets of Newark, likely comprising older housing stock or purpose-built flats. For buyers seeking value for money in Nottinghamshire with reasonable access to employment centres, NG24 3JT represents an entry-level opportunity in a town with established amenities, schools, and a growing local economy supported by light industry and distribution centres attracted to the area's strategic location.
The average house price in NG24 3JT, Newark is £102,041. Prices range from £5,000 to £190,000.
There are 70 properties in NG24 3JT, Newark.
NG24 3JT contains 46 terraced properties, 9 semi-detached properties, 7 detached properties, 7 flat / maisonette properties.
Average house prices in NG24 3JT have risen by 357.9% from £36,500 in 1995 to £167,138 in 2024.
NG24 3JT is located in Newark, Nottinghamshire, England.