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House Prices in NR10

The average house price in NR10 (Norwich) is £255,250 using HM Land Registry data.

The average property price increased by £100,408 (22.61%) over the last 5 years and increased by £20,073 (3.49%) over the last 12 months.

Over the last year, there were 195 residential property sales – a decrease of 175 transactions (-89.74%) relative to the previous year. The majority of house sales (55) were in the £254,000 - £328,000 range. Then came properties in the £180,000 - £254,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,555 (-2%).

In June 2024, there were 59 new estate agency instructions, 33 agreed home sales and 37 property price reductions.

5-Year Average Property Prices in NR10 (Norwich)

22.61%

Property prices in Norwich increased by 22.61% 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 NR10 (Norwich) Over the Last Year

3.49%

Property prices in Norwich increased by 3.49% 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.

Property Market Heat Gauge for NR10 (Norwich) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 NR10 (Norwich)

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 NR10 (Norwich)

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 NR10 (Norwich)

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 NR10 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR10 postcode area since 1995.

Recent Sales in NR10 (Norwich)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
35 Wathen Way, Marsham, Norwich, Norfolk, NR10 5PZ	£350,000	£345,000	-£5,000	26 Dec 2023	03 May 2024	129 Days
20 Crown Meadow, Reepham, Norwich, Norfolk, NR10 4SP	£350,000	£345,000	-£5,000	04 Oct 2023	26 Mar 2024	174 Days
25 Stratton Road, Hainford, Norwich, Norfolk, NR10 3AY	£500,000	£462,500	-£37,500	28 Apr 2023	22 Mar 2024	329 Days
75 Station Road, Reepham, Norwich, Norfolk, NR10 4LJ	£250,000	£235,000	-£15,000	27 Oct 2023	08 Mar 2024	133 Days
9 Irwin Close, Reepham, Norwich, Norfolk, NR10 4EQ	£325,000	£312,000	-£13,000	18 Aug 2023	28 Feb 2024	194 Days
158 Park Road, Spixworth, Norwich, Norfolk, NR10 3NP	£180,000	£165,000	-£15,000	18 Oct 2023	30 Jan 2024	104 Days
32 Poplar Close, Horsford, Norwich, Norfolk, NR10 3SE	£270,000	£270,000	£00	21 Jul 2023	12 Jan 2024	175 Days
2 Woodland Walk, Buxton, Norwich, Norfolk, NR10 5HS	£260,000	£260,000	£00	05 May 2023	03 Jan 2024	243 Days
8 Nelson Way, Hevingham, Norwich, Norfolk, NR10 5PB	£260,000	£185,000	-£75,000	08 Sep 2021	18 Dec 2023	831 Days
4 Lavender Close, Horsford, Norwich, Norfolk, NR10 3EW	£260,000	£260,000	£00	06 Jul 2023	18 Dec 2023	165 Days
8 Malthouse Yard, Reepham, Norwich, Norfolk, NR10 4NF	£190,000	£186,500	-£3,500	16 Sep 2023	15 Dec 2023	90 Days
Little Edgewood, Norwich Road, Reepham, Norwich, Norfolk, NR10 4NR	£625,000	£567,500	-£57,500	04 Sep 2023	15 Dec 2023	102 Days
33 Chapel Close, Reepham, Norwich, Norfolk, NR10 4QP	£240,000	£220,000	-£20,000	12 Aug 2023	07 Dec 2023	117 Days
19 Norwich Road, Cawston, Norwich, Norfolk, NR10 4EX	£275,000	£272,500	-£2,500	19 Sep 2023	06 Dec 2023	78 Days
25 Ormesby Road, Badersfield, Norwich, Norfolk, NR10 5JY	£220,000	£220,000	£00	16 May 2023	05 Dec 2023	203 Days
10 Norwich Road, Cawston, Norwich, Norfolk, NR10 4EX	£350,000	£345,000	-£5,000	31 Jul 2023	04 Dec 2023	126 Days
17 Brambles Close, Spixworth, Norwich, Norfolk, NR10 3QP	£210,000	£210,000	£00	16 May 2023	24 Nov 2023	192 Days
Muneca, Crown Road, Buxton, Norwich, Norfolk, NR10 5EN	£325,000	£300,000	-£25,000	03 Sep 2023	23 Nov 2023	81 Days
Mill House, Mill Road, Marsham, Norwich, Norfolk, NR10 5PH	£950,000	£950,000	£00	12 Jul 2023	20 Nov 2023	131 Days
Wheel Gates, Aylsham Road, Swanton Abbott, Norwich, Norfolk, NR10 5AH	£725,000	£695,000	-£30,000	03 Jul 2023	15 Nov 2023	135 Days

Most Expensive Streets in NR10 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR10 4PJ	Brandiston	Norwich	£826,416	6
NR10 4NL	The Moor, Reepham	Norwich	£670,000	3
NR10 3LZ	Newton Road, Hainford	Norwich	£668,125	4
NR10 5NU	Shortthorn Road, Stratton Strawless	Norwich	£624,285	7
NR10 3JH	West Lane, Horsham St Faith	Norwich	£623,000	5
NR10 3GN	Kinsley Drive, Horsford	Norwich	£577,666	3
NR10 3BQ	Newton Road, Hainford	Norwich	£544,000	3
NR10 5DT	Cross Road, Swanton Abbott	Norwich	£528,800	5
NR10 4RR	Kerdiston	Norwich	£527,000	3
NR10 3HH	Norwich Road, Horsham St Faith	Norwich	£504,153	4

Least Expensive Streets in NR10 (Norwich)

Postcode	Street	Area	Average	No. of Sales
NR10 5LB	Ormesby Road, Badersfield	Norwich	£122,250	10
NR10 3FA	Pinelands Road, Horsford	Norwich	£135,333	3
NR10 3ND	Newton Street, Newton St Faith	Norwich	£144,166	3
NR10 5JS	Hoveton Place, Badersfield	Norwich	£171,500	10
NR10 5JY	Ormesby Road, Badersfield	Norwich	£174,588	17
NR10 5JE	Mill Street, Buxton	Norwich	£180,000	6
NR10 3HY	Weavers Close, Horsham St Faith	Norwich	£180,686	8
NR10 5JU	Cromes Place, Badersfield	Norwich	£184,888	9
NR10 5JZ	Ormesby Road, Badersfield	Norwich	£186,232	14
NR10 4AR	Aylsham Road, Cawston	Norwich	£187,000	3