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House Prices in NR11 House Prices in NR11 (Norwich)

The average house price in NR11 (Norwich) is £407,833 using HM Land Registry data.

The average property price increased by £101,711 (19.51%) over the last 5 years and increased by £20,379 (3.08%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 78 transactions (-37.50%) relative to the previous year. The majority of house sales (58) were in the £210,000 - £286,000 range. Then came properties in the £286,000 - £362,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,972 (-2%).

In Oct 24, there were 32 new estate agency instructions, 29 agreed home sales and 43 property price reductions.

Nearby Postcodes: NR10, NR12, NR13, NR19, NR20, NR21, NR23, NR24, NR25, NR26, NR27, NR28, NR29, NR6, NR7, NR8, NR9, PE32

5-Year Average Property Prices in NR11 (Norwich)

19.51%

Property prices in Norwich increased by 19.51% 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 NR11 (Norwich) Over the Last Year

3.08%

Property prices in Norwich increased by 3.08% 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.

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).

Property Market Heat Gauge for NR11 (Norwich) - Oct 24

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 NR11 (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 NR11 (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 NR11 (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 NR11 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR11 postcode area since 1995.

Recent Sales in NR11 (Norwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Jannys Close, Aylsham, Norwich, Norfolk, NR11 6DL£270,000£270,000£0013 Nov 202311 Jul 2024241 Days
10 Breeze Avenue, Aylsham, Norwich, Norfolk, NR11 6WF£475,000£470,000-£5,00004 Oct 202303 Jul 2024273 Days
The Chestnuts, Long Lane, Southrepps, Norwich, Norfolk, NR11 8NL£795,000£750,000-£45,00023 Jun 202301 Jul 2024374 Days
14 Ray Bond Way, Aylsham, Norwich, Norfolk, NR11 6UT£235,000£232,000-£3,00022 Feb 202421 Jun 2024120 Days
16 Charles Ewing Close, Aylsham, Norwich, Norfolk, NR11 6LJ£535,000£535,000£0001 Feb 202420 Jun 2024140 Days
23 Charles Ewing Close, Aylsham, Norwich, Norfolk, NR11 6LJ£550,000£532,500-£17,50002 Jan 202420 Jun 2024170 Days
The Orchards, Sir Williams Lane, Aylsham, Norwich, Norfolk, NR11 6AN£425,000£385,000-£40,00021 Mar 202414 Jun 202485 Days
Beechwood House, Beechwood Avenue, Aylmerton, Norwich, Norfolk, NR11 8QQ£625,000£617,500-£7,50001 Nov 202314 Jun 2024226 Days
11 Jannys Close, Aylsham, Norwich, Norfolk, NR11 6DL£240,000£238,000-£2,00022 Jan 202407 Jun 2024137 Days
Flint Cottage, The Common, Itteringham, Norwich, Norfolk, NR11 7AP£475,000£450,000-£25,00023 Oct 202331 May 2024221 Days
12 Nelson Way, Mundesley, Norwich, Norfolk, NR11 8JD£280,000£270,000-£10,00004 Mar 202429 May 202486 Days
46 Breeze Avenue, Aylsham, Norwich, Norfolk, NR11 6WF£350,000£343,000-£7,00002 Jan 202428 May 2024147 Days
34 Beechlands Park, Southrepps, Norwich, Norfolk, NR11 8NT£240,000£227,000-£13,00031 Jan 202420 May 2024110 Days
2 Church Road, Thorpe Market, Norwich, Norfolk, NR11 8UB£300,000£285,000-£15,00027 Jul 202315 May 2024293 Days
Hill Top, Thorpe Road, Southrepps, Norwich, Norfolk, NR11 8NG£550,000£510,000-£40,00016 Nov 202314 May 2024180 Days
2 Wrench Close, Aylsham, Norwich, Norfolk, NR11 6BP£270,000£250,000-£20,00006 Mar 202414 May 202469 Days
Camo Hill, Heydon Road, Aylsham, Norwich, Norfolk, NR11 6QT£600,000£570,000-£30,00008 Mar 202410 May 202463 Days
8 Big Yard, Itteringham, Norwich, Norfolk, NR11 7AU£275,000£265,000-£10,00026 Dec 202307 May 2024133 Days
Lime Kiln Barn, Holt Road, Heydon, Norwich, Norfolk, NR11 6RD£1,000,000£900,000-£100,00021 Apr 202303 May 2024378 Days
53 Mileham Drive, Aylsham, Norwich, Norfolk, NR11 6WD£345,000£345,000£0006 Feb 202403 May 202487 Days

Most Expensive Streets in NR11 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR11 6QXHeath Road, CorpustyNorwich£778,7504
NR11 8ADHolt Road, GreshamNorwich£755,3333
NR11 6HECromer Road, AylshamNorwich£753,6504
NR11 8UDHall Farm, Station RoadNorwich£710,7147
NR11 8PQRoughton Road, FelbriggNorwich£667,2506
NR11 7LXDairy Cottages, WoltertonNorwich£663,3336
NR11 7AQThe Street, MatlaskeNorwich£654,3754
NR11 6QTHeydon Road, AylshamNorwich£650,5004
NR11 8RBCromer Road, Lower GreshamNorwich£616,6663
NR11 6AEThe Street, IngworthNorwich£606,6663

Least Expensive Streets in NR11 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR11 8ATLinks Road, MundesleyNorwich£73,8754
NR11 8BPHillside, MundesleyNorwich£105,8333
NR11 8JWHigh Street, MundesleyNorwich£112,5004
NR11 6JZHungate Street, AylshamNorwich£140,8577
NR11 6ETPenfold Street, AylshamNorwich£141,2504
NR11 6ERRed Lion Street, AylshamNorwich£163,9166
NR11 7NZTinkers Close, AldboroughNorwich£190,7333
NR11 8JSCowper Close, MundesleyNorwich£201,1663
NR11 6FYProspect Drive, AylshamNorwich£202,2147
NR11 8JDNelson Way, MundesleyNorwich£205,54112

Explore NR11 (Norwich) using map

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