England

Newark and Sherwood area profile

The median home in Newark and Sherwood costs £238,000 and the average two-bed private rent is £742/month (August 2026, ONS PIPR). Around the national average.

Median house price
£238,000
Affordability
7.0× salary
Typical salary
£33,800
2-bed average rent, August 2026
£742/mo
Avg sold price
£256,000
Deprivation (IMD)
6/10

Affordability in Newark and Sherwood

Homes in Newark and Sherwood cost about 7.0× the typical full-time salary, versus 7.6× across England & Wales. That puts it in line with the country as a whole.

Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.

Renting in Newark and Sherwood

Average monthly private rents in Newark and Sherwood, August 2026. Source: ONS Price Index of Private Rents — an average across new and existing tenancies, so newly advertised rents usually sit above it.
Property sizeAverage rent (pcm)Change on a year
1 bed£562+5.4%
2 bed£742+5.3%
3 bed£896+5.5%
4+ bed£1,320+4.5%
All sizes£818+5.3%

Who lives in Newark and Sherwood

Census 2021 figures, averaged across the area's neighbourhoods.

71.3%
Owner-occupied
Homes owned outright or with a mortgage
15.3%
Privately rented
Share of homes rented from a private landlord
29.9%
Degree-educated
Adults with a level-4+ qualification
16.8%
Children
Residents aged under 16
27.2%
Retired
Residents who are retired
27.3%
Work from home
Workers based mainly at home
15.3%
Car-free homes
Households with no car or van
6/10
Deprivation
1 = most deprived, 10 = least (IMD decile)

Frequently asked

What is the average house price in Newark and Sherwood?

The median house price in Newark and Sherwood is £238,000 (ONS, 2025), about 7.0× the typical full-time salary.

How much is rent in Newark and Sherwood?

The average private rent for a two-bedroom home in Newark and Sherwood is £742 per month (ONS Price Index of Private Rents, August 2026). It averages existing tenancies as well as new lets, so newly advertised rents are usually higher.

Where does this Newark and Sherwood data come from?

House prices and affordability ratios come from ONS. Rents are average private rents from the ONS Price Index of Private Rents, for the latest published month. Demographics are Census 2021 figures aggregated to local-authority level. England & Wales only.

Explore Newark and Sherwood

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← All areasSources: ONS, ONS Price Index of Private Rents, Census 2021 · Open Government Licence