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House Prices in NR18

The average house price in NR18 (Wymondham) is £285,500 using HM Land Registry data.

The average property price increased by £87,912 (12.5%) over the last 5 years and increased by £17,575 (2.07%) over the last 12 months.

Over the last year, there were 232 residential property sales – a decrease of 280 transactions (-120.69%) relative to the previous year. The majority of house sales (68) were in the £234,000 - £298,000 range. Then came properties in the £298,000 - £362,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,060 (-2%).

In June 2024, there were 62 new estate agency instructions, 38 agreed home sales and 44 property price reductions.

5-Year Average Property Prices in NR18 (Wymondham)

12.5%

Property prices in Wymondham increased by 12.5% 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 NR18 (Wymondham) Over the Last Year

2.07%

Property prices in Wymondham increased by 2.07% 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 NR18 (Wymondham) - 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 NR18 (Wymondham)

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 NR18 (Wymondham)

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 NR18 (Wymondham)

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 NR18 (Wymondham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR18 postcode area since 1995.

Recent Sales in NR18 (Wymondham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
39 Folly Road, Wymondham, Norfolk, NR18 0QT	£290,000	£285,000	-£5,000	18 Sep 2023	17 May 2024	242 Days
3 Maden Close, Wymondham, Norfolk, NR18 0UA	£310,000	£300,000	-£10,000	23 Nov 2023	10 May 2024	169 Days
9 Edwin Close, Wymondham, Norfolk, NR18 0LL	£220,000	£220,000	£00	24 Jan 2024	07 May 2024	104 Days
24 Park Lane, Wymondham, Norfolk, NR18 9BG	£400,000	£385,000	-£15,000	20 Oct 2023	02 May 2024	195 Days
16 Ketts Close, Wymondham, Norfolk, NR18 0NB	£450,000	£420,000	-£30,000	19 Jun 2023	16 Apr 2024	302 Days
87 Orchard Way, Wymondham, Norfolk, NR18 0NY	£180,000	£180,000	£00	03 Nov 2023	04 Apr 2024	153 Days
18c, Browick Road, Wymondham, Norfolk, NR18 0QN	£185,000	£185,000	£00	03 Aug 2023	28 Mar 2024	238 Days
7 Middleton Court, Wymondham, Norfolk, NR18 0BL	£130,000	£125,000	-£5,000	05 Jun 2023	25 Mar 2024	294 Days
1 St Georges, Wicklewood, Wymondham, Norfolk, NR18 9PD	£325,000	£310,000	-£15,000	11 Feb 2019	15 Mar 2024	1859 Days
5 Finderne Drive, Wymondham, Norfolk, NR18 0HU	£250,000	£250,000	£00	16 Oct 2023	26 Feb 2024	133 Days
10 Lime Tree Avenue, Wymondham, Norfolk, NR18 0ET	£300,000	£287,500	-£12,500	01 Jun 2023	22 Feb 2024	266 Days
143 Orchard Way, Wymondham, Norfolk, NR18 0NZ	£290,000	£280,000	-£10,000	05 Sep 2023	12 Feb 2024	160 Days
11 Warwick Drive, Wymondham, Norfolk, NR18 0LT	£290,000	£275,000	-£15,000	19 Apr 2023	07 Feb 2024	294 Days
5 Fuchsia Court, Wymondham, Norfolk, NR18 0FG	£290,000	£282,000	-£8,000	13 Oct 2023	31 Jan 2024	110 Days
4 Preston Avenue, Wymondham, Norfolk, NR18 9JE	£273,000	£263,000	-£10,000	16 Aug 2023	29 Jan 2024	166 Days
2 Estelle Way, Wymondham, Norfolk, NR18 0ES	£525,000	£514,000	-£11,000	01 Aug 2023	23 Jan 2024	175 Days
Rose Cottage, Hill Road, Morley St Peter, Wymondham, Norfolk, NR18 9UB	£260,000	£240,000	-£20,000	30 Aug 2023	18 Jan 2024	141 Days
20 Westwood Gardens, Wymondham, Norfolk, NR18 0DP	£240,000	£240,000	£00	17 Oct 2023	12 Jan 2024	87 Days
195 Orchard Way, Wymondham, Norfolk, NR18 0NZ	£375,000	£375,000	£00	10 Nov 2023	07 Dec 2023	27 Days
21 Vimy Ridge, Wymondham, Norfolk, NR18 0PA	£325,000	£320,000	-£5,000	31 Jul 2023	07 Dec 2023	129 Days

Most Expensive Streets in NR18 (Wymondham)

Postcode	Street	Area	Average	No. of Sales
NR18 0SN	Downham Grove	Wymondham	£980,200	5
NR18 0RU	The Street, Wramplingham	Wymondham	£926,250	4
NR18 9HN	Church Lane, Hackford	Wymondham	£813,333	3
NR18 0SY	The Drive	Wymondham	£799,950	4
NR18 0YF	Oak View Grove	Wymondham	£746,500	5
NR18 0SB	Wramplingham Road	Wymondham	£720,750	4
NR18 0ZE	Poplars Close	Wymondham	£670,000	3
NR18 9DZ	Low Common, Deopham	Wymondham	£563,750	4
NR18 9QG	Low Street, Wicklewood	Wymondham	£555,400	5
NR18 0DL	Chapel Lane	Wymondham	£537,183	6

Least Expensive Streets in NR18 (Wymondham)

Postcode	Street	Area	Average	No. of Sales
NR18 0BD	Consort House, Brewery Lane	Wymondham	£104,500	4
NR18 0EZ	Steward Close	Wymondham	£105,800	5
NR18 0AZ	Canns Yard	Wymondham	£116,250	4
NR18 0BL	Middleton Court	Wymondham	£116,666	6
NR18 0FN	Lobelia Close	Wymondham	£126,500	7
NR18 0GA	Amari House, Middleton Street, Wymondham	Wymondham	£143,000	3
NR18 0AT	Friarscroft Lane	Wymondham	£145,625	4
NR18 0EG	Abbot Close	Wymondham	£158,600	5
NR18 0LQ	Queensway	Wymondham	£160,500	4
NR18 0HY	High House Avenue	Wymondham	£163,000	5