# NG24 3RE Area Summary
The NG24 3RE postcode covers part of Newark-on-Trent in Nottinghamshire, a historic market town positioned along the A1 and East Coast Main Line. With 65 properties sampled and an average price of £104,278, this area represents one of the more affordable segments of the Newark property market, sitting well below the national average. This price point typically reflects a mix of traditional terraced housing, flats, and smaller properties that characterise certain residential pockets of the town.
The sub-£105,000 average suggests this locality may comprise older terraced streets or converted properties, potentially appealing to first-time buyers, investors seeking rental opportunities, or those looking for more modest accommodation. Newark has benefited from its excellent transport connections to London (approximately 90 minutes by train), Nottingham, and Lincoln, which has supported steady demand despite the lower price bracket. The area's affordability makes it an accessible entry point into the property market whilst still offering the amenities and heritage of a well-established Nottinghamshire town.
This particular postcode area likely attracts buyers prioritising value over space, with the competitive pricing making it suitable for those on tighter budgets or property investors focused on yield rather than capital appreciation in premium segments.
The average house price in NG24 3RE, Newark is £104,278. Prices range from £36,000 to £278,000.
There are 65 properties in NG24 3RE, Newark.
NG24 3RE contains 24 semi-detached properties, 24 detached properties, 17 terraced properties.
Average house prices in NG24 3RE have risen by 305.1% from £50,599 in 1995 to £205,000 in 2025.
NG24 3RE is located in Newark, Nottinghamshire, England.