Newark and Sherwood property market
In Newark and Sherwood (East Midlands) the average private rent is £794/month (ONS, May 2026) and the average house price is £236,330 (HM Land Registry, April 2026). That puts rent 43% below and house prices 12% below the UK average. The gross rental yield works out at 4.0%.
- Average rent
- £794/mo
- +3.3% YoY
- Average house price
- £236,330
- +6.4% 12m
- Gross rental yield
- 4.0%
- UK avg 6.1%
- Price-to-rent
- 24.8
- UK avg 16.3
Rent vs buy in Newark and Sherwood
The average home in Newark and Sherwood costs about 24.8 years of average rent (price-to-rent ratio 24.8), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
- Rent in Newark and Sherwood (1/2/3/4-bed breakdown)£794
- House prices in Newark and Sherwood (by property type)£236,330
Nearby areas in East Midlands
- South Holland£762/mo · £225,896
- Leicester£1,024/mo · £234,631
- Amber Valley£789/mo · £235,323
- Gedling£892/mo · £244,054
- North Kesteven£828/mo · £246,451
- Broxtowe£955/mo · £249,991
Frequently asked questions
- What is the average rent in Newark and Sherwood?
- The average monthly private rent in Newark and Sherwood is £794, according to the ONS Price Index of Private Rents (May 2026), +3.3% over the past 12 months. The UK average is £1,383.
- What is the average house price in Newark and Sherwood?
- The average house price in Newark and Sherwood is £236,330 (HM Land Registry UK House Price Index, April 2026), +6.4% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Newark and Sherwood?
- Dividing the average annual rent (£9,528) by the average house price (£236,330) gives a gross rental yield of 4.0% in Newark and Sherwood. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in Newark and Sherwood?
- In Newark and Sherwood the average house price equals about 24.8 years of average rent (price-to-rent ratio 24.8). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.