Pay vs Place

Newark and Sherwood vs North Kesteven: buying or renting a home

A typical terraced house costs £7,500 (4%) more in North Kesteven than in Newark and Sherwood. Measured against local pay, buying is about equally hard in both.

Newark and Sherwood, terraced
£169,000
Income typically needed: £34,000
Median full-time pay: £37,118
North Kesteven, terraced
£176,500
Income typically needed: £35,500
Median full-time pay: £37,305

At a glance

Newark and Sherwood North Kesteven
Buying a home Fairly affordable Fairly affordable
Renting a home Fairly affordable Fairly affordable
Recorded crime About average Low

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in North Kesteven (£37,305) is 1% higher than in Newark and Sherwood (£37,118), while a typical terraced house costs 4% more (£176,500 against £169,000).

Buying a terraced house takes 4.6× annual pay in Newark and Sherwood and 4.7× in North Kesteven. Renting one takes 26% of pay in Newark and Sherwood and 26% in North Kesteven. On both measures the two areas are close.

Across all property types and measured against pay, Newark and Sherwood is the 89th least expensive of 316 areas to buy in, and North Kesteven is the 87th least expensive of 316 areas. For renting against pay, Newark and Sherwood is the 61st least expensive of 316 areas and North Kesteven is the 62nd least expensive of 316 areas.

Someone on £40,000 in Newark and Sherwood would need about £42,000 in North Kesteven to be equally placed to buy a terraced house, and about £40,500 to be equally placed to rent one. Keeping the same pay after a move to North Kesteven would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 68.4 crimes per 1,000 residents in Newark and Sherwood and 39.1 in North Kesteven, so recorded crime per resident is 43% lower in North Kesteven. The biggest difference is in criminal damage and arson: 8.7 per 1,000 in Newark and Sherwood against 3.7 in North Kesteven.

Can a typical earner buy?

Terraced house Newark and Sherwood North Kesteven
Median full-time pay £37,118 £37,305
House price ÷ pay 4.6× 4.7×
Median pay as a share of income typically needed to buy 110% 106%
Rent a year as a share of median pay 26% 26%

Buying, by property type

Type Newark and Sherwood North Kesteven Difference
Detached £334,995 £300,000 -10% in North Kesteven
Semi-detached £196,000 £210,000 +7% in North Kesteven
Terraced £169,000 £176,500 +4% in North Kesteven

Renting, by property type

Type (average rent a month) Newark and Sherwood North Kesteven Difference
Detached £1,067 £1,073 +1% in North Kesteven
Semi-detached £860 £838 -3% in North Kesteven
Terraced £797 £809 +2% in North Kesteven

Crime

Police recorded 68.4 crimes per 1,000 residents in Newark and Sherwood and 39.1 in North Kesteven, so recorded crime per resident is 43% lower in North Kesteven.

Police recorded crime per 1,000 residents Newark and Sherwood North Kesteven Difference
All recorded crime (excluding fraud) 68.4 39.1 -43% in North Kesteven
Violence against the person 25.0 17.5 -30% in North Kesteven
Sexual offences 3.1 2.4 -23% in North Kesteven
Robbery 0.7 0.2 -67% in North Kesteven
Residential burglary (per 1,000 households) 4.4 2.8 -36% in North Kesteven
Vehicle offences 3.1 1.4 -56% in North Kesteven
Theft from the person 0.3 0.1 -79% in North Kesteven
Criminal damage and arson 8.7 3.7 -57% in North Kesteven

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Newark and Sherwood: 167North Kesteven: 174
House prices in Newark and Sherwood and North Kesteven since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newark and Sherwood now 167, North Kesteven now 174.8010012014016018020052010201520202025House prices in Newark and Sherwood and North Kesteven since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Newark and Sherwood now 167, North Kesteven now 174.8010012014016018020102020
Show the figures
YearNewark and SherwoodNorth Kesteven
2005100100
2006102103
2007109111
2008104105
20099797
2010100103
201199101
201298100
201399103
2014105110
2015110115
2016116123
2017121131
2018128138
2019129141
2020132144
2021143155
2022156172
2023160170
2024159165
2025161171
12 months to July 2026167174

In 2005 the average home cost £141,548 in Newark and Sherwood and £139,075 in North Kesteven. Now it is £235,810 and £242,284: Newark and Sherwood is up 67% and North Kesteven is up 74%. Prices have risen faster in North Kesteven, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Newark and Sherwood: 6.2 years of payNorth Kesteven: 6.4 years of pay
Years of median pay needed to buy the average home in Newark and Sherwood and North KestevenNewark and Sherwood now 6.2, North Kesteven now 6.4 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Newark and Sherwood and North KestevenNewark and Sherwood now 6.2, North Kesteven now 6.4 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearNewark and SherwoodNorth Kesteven
20056.7 years of pay7.1 years of pay
20106.2 years of pay6.3 years of pay
2015–6.0 years of pay
20206.1 years of pay6.4 years of pay
20256.2 years of pay6.4 years of pay

In 2005 a home cost 6.7 years of pay in Newark and Sherwood and 7.1 years in North Kesteven. In 2025 it was 6.2 years and 6.4 years.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Newark and Sherwood: 157North Kesteven: 156
Rents in Newark and Sherwood and North Kesteven since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newark and Sherwood now 157, North Kesteven now 156.100120140160201620182020202220242026Rents in Newark and Sherwood and North Kesteven since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Newark and Sherwood now 157, North Kesteven now 156.100120140160201520202025
Show the figures
YearNewark and SherwoodNorth Kesteven
2015100100
2016102103
2017105106
2018107108
2019110112
2020111114
2021117119
2022124125
2023129130
2024138141
2025148147
August 2026157156

In 2015 the average rent was £521 a month in Newark and Sherwood and £527 in North Kesteven. Now it is £818 and £824: up 57% in Newark and Sherwood and up 56% in North Kesteven.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Newark and Sherwood to North Kesteven

Earning in Newark and Sherwood Equivalent to buy in North Kesteven Equivalent to rent in North Kesteven
£30,000 £31,500 £30,500
£40,000 £42,000 £40,500
£50,000 £52,000 £51,000
£60,000 £62,500 £61,000

Moving from North Kesteven to Newark and Sherwood

Earning in North Kesteven Equivalent to buy in Newark and Sherwood Equivalent to rent in Newark and Sherwood
£30,000 £28,500 £29,500
£40,000 £38,500 £39,500
£50,000 £48,000 £49,500
£60,000 £57,500 £59,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Newark and Sherwood figures · All North Kesteven figures