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New Ollerton and Ollerton House Prices New Ollerton and Ollerton House Prices

The average house price in New Ollerton and Ollerton is £164,222 using HM Land Registry data.

The average property price increased by £51,709 (36.57%) over the last 5 years and increased by £10,358 (5.67%) over the last 12 months.

Over the last year, there were 112 residential property sales – a decrease of 29 transactions (-25.89%) relative to the previous year. The majority of house sales (29) were in the £138,000 - £166,000 range. Then came properties in the £166,000 - £194,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 117 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,031 (-3%).

In January 2025, there were 21 new estate agency instructions, 14 agreed home sales and 14 property price reductions.

Postcodes Covered: NG22

5-Year Average Property Prices in New Ollerton and Ollerton

36.57%

Property prices in New Ollerton and Ollerton increased by 36.57% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in New Ollerton and Ollerton Over the Last Year

5.67%

Property prices in New Ollerton and Ollerton increased by 5.67% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for New Ollerton and Ollerton - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in New Ollerton and Ollerton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in New Ollerton and Ollerton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in New Ollerton and Ollerton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the New Ollerton and Ollerton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the New Ollerton and Ollerton area since 1995.

Recent Property Sales in New Ollerton and Ollerton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Breck Bank, New Ollerton, Newark, Nottinghamshire, NG22 9XQ£150,000£148,500-£1,50020 Aug 202420 Dec 2024122 Days
18 Chestnut Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SJ£150,000£145,000-£5,00005 Nov 202420 Dec 202445 Days
17 Petersmith Drive, New Ollerton, Newark, Nottinghamshire, NG22 9RZ£165,000£165,000£004 Sep 202406 Dec 202493 Days
36 Dove Croft, New Ollerton, Newark, Nottinghamshire, NG22 9RG£147,000£147,000£015 Jul 202422 Nov 2024130 Days
136 Petersmith Drive, New Ollerton, Newark, Nottinghamshire, NG22 9SB£139,950£133,000-£6,95011 Sep 202421 Nov 202471 Days
8 Breck Bank, New Ollerton, Newark, Nottinghamshire, NG22 9XG£160,000£160,000£027 Feb 202401 Nov 2024248 Days
29 Cedar Lane, New Ollerton, Newark, Nottinghamshire, NG22 9SH£145,000£140,000-£5,00017 Jul 202428 Oct 2024103 Days
15 Forest View, New Ollerton, Newark, Nottinghamshire, NG22 9RE£240,000£240,000£017 Jul 202428 Oct 2024103 Days
15 Kelsey Avenue, New Ollerton, Newark, Nottinghamshire, NG22 9TB£170,000£115,000-£55,00015 May 202428 Oct 2024166 Days
136 Walesby Lane, New Ollerton, Newark, Nottinghamshire, NG22 9UU£150,000£150,000£010 Jun 202418 Oct 2024130 Days
23 Linton Drive, Boughton, Newark, Nottinghamshire, NG22 9JH£150,000£150,000£004 Apr 202411 Oct 2024190 Days
36 Main Road, Boughton, Newark, Nottinghamshire, NG22 9JD£170,000£168,000-£2,00028 Apr 202407 Aug 2024101 Days
14 Oak Avenue, New Ollerton, Newark, Nottinghamshire, NG22 9PT£120,000£115,000-£5,00003 May 202431 Jul 202489 Days
150 Walesby Lane, New Ollerton, Newark, Nottinghamshire, NG22 9UU£170,000£159,000-£11,00012 Apr 202415 Jul 202494 Days
6 Savile Row, New Ollerton, Newark, Nottinghamshire, NG22 9QU£220,000£220,000£005 Mar 202412 Jul 2024129 Days
8 St Peters Close, New Ollerton, Newark, Nottinghamshire, NG22 9QP£170,000£170,000£021 Dec 202330 May 2024161 Days
8 Malt Kiln Close, Ollerton, Newark, Nottinghamshire, NG22 9BE£150,000£145,000-£5,00023 Jan 202424 May 2024122 Days
41 Griceson Close, Ollerton, Newark, Nottinghamshire, NG22 9BD£285,000£227,500-£57,50016 Jan 202426 Apr 2024101 Days
47 Newark Road, New Ollerton, Newark, Nottinghamshire, NG22 9PZ£170,000£167,500-£2,50003 Jan 202424 Apr 2024112 Days
7 Church View, Ollerton, Newark, Nottinghamshire, NG22 9BH£190,000£182,000-£8,00002 Oct 202305 Apr 2024186 Days

Most Expensive Streets in New Ollerton and Ollerton

PostcodeStreetAreaAverageNo. of Sales
NG22 9AFMaida LaneOllerton£335,8005
NG22 9APWellow RoadOllerton£315,8754
NG22 9BSBescar LaneOllerton£307,3333
NG22 9BNStation RoadOllerton£305,7504
NG22 9EABluebird AvenueOllerton£296,6663
NG22 9ANHardwick DriveOllerton£274,1663
NG22 9DZKingfisher WayOllerton£263,08312
NG22 9BTTor LaneOllerton£258,0004
NG22 9BDGriceson CloseOllerton£257,9005
NG22 9DSRobin CloseOllerton£253,3163

Least Expensive Streets in New Ollerton and Ollerton

PostcodeStreetAreaAverageNo. of Sales
NG22 9TTHallam RoadNew Ollerton£102,1663
NG22 9AYBottom RowOllerton£104,6254
NG22 9TSFerndale CloseNew Ollerton£106,0003
NG22 9TWStuart AvenueNew Ollerton£108,1586
NG22 9SFPetersmith DriveNew Ollerton£109,0003
NG22 9TUKingsway AvenueBoughton£109,2005
NG22 9QSForest RoadNew Ollerton£116,0003
NG22 9SHCedar LaneNew Ollerton£117,6005
NG22 9SQCedar LaneNew Ollerton£118,4287
NG22 9XGBreck BankNew Ollerton£119,3005

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