Is Palace View in Newark and Sherwood a nice place to live?

Palace View is classified by the ONS as Self-Sufficient Retirement. Palace View is in the lowest 10% of postcodes for crime (see map). The road has some of the lowest levels of deprivation in the country.

Geography

Palace View is located in the Southwell ward of the Newark and Sherwood district in Nottinghamshire.
Coordinates 53.075731, -0.948892
Grid Ref SK705536
Suburb Southwell CP
Constituency Newark
Postcodes NG25 0HR

House Prices

The average house price in Palace View is 100% higher than the rest of Newark and Sherwood. The last sale we have on record is 4 Palace View, that sold for £300,000. The average house price in Newark and Sherwood is £0 as of June 2023.

Average House Prices

Recent sales in Palace View

Date No. Type Price
25/07/2022 4 Semi £300,000

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in Palace View, Nottinghamshire

There were no street crime incidents recorded by Nottinghamshire Police in Palace View during September 2024.

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Palace View and compared that to the average for the Southwell ward.

You are less likely to be a victim of personal crime in Palace View, when compared to the average EIMD rank for the Southwell ward

Social economic statistics for Palace View

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Palace View is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Palace View is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Palace View experiencing deprivation relating to low income.
Residents in around Palace View are in the top 20% least income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Palace View involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Palace View are in the top 30% least employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Palace View are in the top 20% least health & disability deprived in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Palace View, from outside living quality, housing quality, access to services and crime.
Residents in Palace View are in the top 10% least deprived in the country

2021 Census for Palace View

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Palace View.

Unemployment in Palace View

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
3% of Palace View residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Palace View

The proportion of retirees in a road should give you an indication of the demographics of Palace View. The proportion of retirees on Palace View is 6.72% higher than the national average of 18.6%.
25.32% of Palace View residents were retired during the last census

Home ownership in Palace View

The proportion of home owners on Palace View is 8.87% higher than the national average of 62%. 26.77% of properties in Palace View are private rented and 2.36% are social rented.
70.87% of residents of Palace View own their home

Country of Birth of Palace View residents

The proportion if Palace View residents born in the UK is 11.55% higher than the England national average of 82.65%. 5.8% of Palace View residents were born outside the UK.
94.2% of Palace View residents were born in the UK

Palace View Summary

With house prices in Palace View more than the average for Nottinghamshire and very low levels of income depirvation, this is an indicator of a very wealthy road. Palace View has a higher level of home ownership than the national average. This is an indicator that finding private rented accomodation in Palace View maybe difficult.

Top 50 worst places to live 2023
Top 50 best places to live 2023