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House Prices in NR12 House Prices in NR12 (Norwich)

The average house price in NR12 (Norwich) is £339,875 using HM Land Registry data.

The average property price increased by £52,206 (25.81%) over the last 5 years and increased by £10,458 (3.9%) over the last 12 months.

Over the last year, there were 242 residential property sales – a decrease of 103 transactions (-42.56%) relative to the previous year. The majority of house sales (58) were in the £220,000 - £300,000 range. Then came properties in the £140,000 - £220,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 184 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,731 (-4%).

In January 2025, there were 59 new estate agency instructions, 43 agreed home sales and 47 property price reductions.

Nearby Postcodes: NR1, NR10, NR11, NR13, NR14, NR20, NR24, NR25, NR26, NR27, NR28, NR29, NR3, NR30, NR31, NR5, NR6, NR7, NR8, NR9

5-Year Average Property Prices in NR12 (Norwich)

25.81%

Property prices in NR12 (Norwich) increased by 25.81% 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 NR12 (Norwich) Over the Last Year

3.9%

Property prices in NR12 (Norwich) increased by 3.9% 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 NR12 (Norwich) - January 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 NR12 (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 NR12 (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 NR12 (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 NR12 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR12 postcode area since 1995.

Recent Sales in NR12 (Norwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Kings Road, Coltishall, Norwich, Norfolk, NR12 7DX£290,000£270,000-£20,00004 Sep 202405 Dec 202492 Days
12 Dunkerley Court, Stalham, Norwich, Norfolk, NR12 9EW£215,000£208,000-£7,00005 Apr 202427 Nov 2024236 Days
3 Blacksmiths Lane, Happisburgh, Norwich, Norfolk, NR12 0QT£300,000£275,000-£25,00012 Aug 202425 Nov 2024105 Days
37 Lighthouse Close, Happisburgh, Norwich, Norfolk, NR12 0QE£250,000£250,000£009 May 202418 Nov 2024193 Days
Little Haven, The Crescent, Walcott, Norwich, Norfolk, NR12 0NH£230,000£215,000-£15,00029 Jul 202415 Nov 2024109 Days
Hollymore House, Heath Road, Hickling, Norwich, Norfolk, NR12 0AU£850,000£840,000-£10,00003 Apr 202414 Nov 2024225 Days
2 Manor Close, Tunstead, Norwich, Norfolk, NR12 8EP£240,000£240,000£004 Jun 202414 Nov 2024163 Days
East Side Cottage, Heath Road, Hempstead, Norwich, Norfolk, NR12 0SH£425,000£415,000-£10,00022 May 202413 Nov 2024175 Days
6 Grange Close, Hoveton, Norwich, Norfolk, NR12 8EA£270,000£247,000-£23,00006 Sep 202407 Nov 202462 Days
25 Stalham Road, Hoveton, Norwich, Norfolk, NR12 8DJ£500,000£460,000-£40,00019 Jul 202405 Nov 2024109 Days
Magnolia Cottage, The Green, Stalham, Norwich, Norfolk, NR12 9QA£350,000£345,000-£5,00028 Jun 202401 Nov 2024126 Days
Stile Cottage, The Street, Neatishead, Norwich, Norfolk, NR12 8AD£230,000£227,000-£3,00030 May 202431 Oct 2024154 Days
Magnolia, Short Lane, Happisburgh, Norwich, Norfolk, NR12 0RJ£295,000£282,500-£12,50008 Mar 202430 Oct 2024236 Days
The Laurel, Tunstead Road, Hoveton, Norwich, Norfolk, NR12 8QN£325,000£325,000£014 Nov 202325 Oct 2024346 Days
Linton, Brimbelow Road, Hoveton, Norwich, Norfolk, NR12 8UJ£415,000£400,000-£15,00004 Jul 202424 Oct 2024112 Days
23 Dunkerley Court, Stalham, Norwich, Norfolk, NR12 9EW£225,000£225,000£029 Aug 202424 Oct 202456 Days
1a, Hastings Way, Sutton, Norwich, Norfolk, NR12 9RQ£190,000£185,000-£5,00016 Jul 202424 Oct 2024100 Days
29 White Lion Road, Coltishall, Norwich, Norfolk, NR12 7AR£375,000£375,000£028 Mar 202409 Aug 2024134 Days
26 Manor Close, Tunstead, Norwich, Norfolk, NR12 8EP£300,000£285,000-£15,00005 Dec 202331 Jul 2024239 Days
Willow House, Ouse Lane, Hickling, Norwich, Norfolk, NR12 0YP£865,000£845,000-£20,00019 Apr 202431 Jul 2024103 Days

Most Expensive Streets in NR12 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR12 7LYStanninghall Road, HorsteadNorwich£1,041,6663
NR12 8PARopes Hill, HorningNorwich£947,5004
NR12 8ARHall Road, Barton TurfNorwich£933,1426
NR12 8TWBeech Road, WroxhamNorwich£898,2155
NR12 8TPBeech Road, WroxhamNorwich£783,9287
NR12 7BPBeeston Lane, BeestonNorwich£768,7504
NR12 8UNMeadow Drive, HovetonNorwich£762,5009
NR12 8TNThe Avenue, WroxhamNorwich£730,0003
NR12 8HDLow Street, SloleyNorwich£666,6663
NR12 7AFWroxham Road, ColtishallNorwich£658,3333

Least Expensive Streets in NR12 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR12 9PNBroadside Chalet Park, StalhamNorwich£48,9945
NR12 9BBHigh Street, StalhamNorwich£107,0717
NR12 9BFSt Johns Court, St Johns RoadNorwich£114,0004
NR12 9EQSpinners Court, StalhamNorwich£120,1254
NR12 0NLSeaview Crescent, WalcottNorwich£136,3005
NR12 9AEMarket Mews, StalhamNorwich£137,3336
NR12 0TBCross Lane, Eccles On SeaNorwich£138,3333
NR12 9FAKingfisher Close, StalhamNorwich£139,5007
NR12 0TAAbbotts Way, Eccles On SeaNorwich£143,9507
NR12 9FUWilson Road, StalhamNorwich£159,6663

Explore NR12 (Norwich) using map

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