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House Prices in NR21 House Prices in NR21 (Fakenham)

The average house price in NR21 (Fakenham) is £351,750 using HM Land Registry data.

The average property price increased by £52,924 (28.58%) over the last 5 years and increased by £10,602 (4.24%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 51 transactions (-26.56%) relative to the previous year. The majority of house sales (51) were in the £236,000 - £312,000 range. Then came properties in the £160,000 - £236,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 172 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,115 (-3%).

In January 2025, there were 40 new estate agency instructions, 15 agreed home sales and 28 property price reductions.

Nearby Postcodes: IP25, NR10, NR11, NR19, NR20, NR22, NR23, NR24, NR25, NR26, NR9, PE30, PE31, PE32, PE33, PE35, PE36, PE37

5-Year Average Property Prices in NR21 (Fakenham)

28.58%

Property prices in NR21 (Fakenham) increased by 28.58% 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 NR21 (Fakenham) Over the Last Year

4.24%

Property prices in NR21 (Fakenham) increased by 4.24% 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 NR21 (Fakenham) - 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 NR21 (Fakenham)

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 NR21 (Fakenham)

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 NR21 (Fakenham)

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 NR21 (Fakenham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR21 postcode area since 1995.

Recent Sales in NR21 (Fakenham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 The Pastures, Little Snoring, Fakenham, Norfolk, NR21 0RY£575,000£575,000£024 Sep 202406 Dec 202473 Days
6 Raynham Road, Hempton, Fakenham, Norfolk, NR21 7LN£295,000£155,000-£140,00013 Mar 202022 Nov 20241715 Days
18 Meadow Rise, South Creake, Fakenham, Norfolk, NR21 9PU£160,000£153,500-£6,50024 Jun 202422 Nov 2024151 Days
3 Hall Staithe, Fakenham, Norfolk, NR21 9BW£200,000£200,000£031 Jul 202422 Nov 2024114 Days
12 Searle Close, Fakenham, Norfolk, NR21 8NA£290,000£285,000-£5,00003 Jun 202418 Nov 2024168 Days
13 Lancaster Close, Fakenham, Norfolk, NR21 8DW£260,000£255,000-£5,00001 Jul 202418 Nov 2024140 Days
13 Fayregreen, Fakenham, Norfolk, NR21 8HE£150,000£150,000£020 Jun 202408 Nov 2024141 Days
8 Great Eastern Way, Fakenham, Norfolk, NR21 8HD£200,000£200,000£008 Apr 202401 Nov 2024207 Days
Fig Barn, The Street, Hindringham, Fakenham, Norfolk, NR21 0AA£610,000£590,000-£20,00004 Sep 202430 Oct 202456 Days
25 Front Street, Binham, Fakenham, Norfolk, NR21 0AL£310,000£193,750-£116,25002 Apr 202129 Oct 20241306 Days
13 Victoria Lane, Fakenham, Norfolk, NR21 8LB£650,000£650,000£015 Apr 202425 Oct 2024193 Days
San-remo, Heath Lane, Fakenham, Norfolk, NR21 8LN£300,000£300,000£030 Apr 202424 Oct 2024177 Days
28 The Elms, Hindringham, Fakenham, Norfolk, NR21 0PP£270,000£260,000-£10,00027 Jun 202414 Oct 2024109 Days
1 Fayregreen, Fakenham, Norfolk, NR21 8HE£165,000£160,000-£5,00004 May 202411 Oct 2024160 Days
73 Halifax Crescent, Sculthorpe, Fakenham, Norfolk, NR21 7PS£270,000£250,000-£20,00005 Apr 202410 Oct 2024188 Days
Allwood, Moor Lane, Sculthorpe, Fakenham, Norfolk, NR21 9PX£290,000£290,000£030 May 202409 Oct 2024132 Days
152 Norwich Road, Fakenham, Norfolk, NR21 8LL£350,000£337,500-£12,50008 May 202408 Oct 2024153 Days
15 Moorgate Road, Hindringham, Fakenham, Norfolk, NR21 0PT£520,000£500,000-£20,00002 May 202403 Oct 2024154 Days
1 Gwyn Crescent, Fakenham, Norfolk, NR21 8NB£255,000£252,500-£2,50021 May 202420 Sep 2024122 Days
27 Green Lane Estate, Pudding Norton, Fakenham, Norfolk, NR21 7LT£190,000£185,000-£5,00015 May 202430 Aug 2024107 Days

Most Expensive Streets in NR21 (Fakenham)

PostcodeStreetAreaAverageNo. of Sales
NR21 0DQWarham Road, BinhamFakenham£830,47510
NR21 0PTMoorgate Road, HindringhamFakenham£738,3754
NR21 9LYBluestone Road, South CreakeFakenham£671,5004
NR21 7ETHollow Lane, West RaynhamFakenham£659,2857
NR21 9NBGrove Farm Barns, Creake RoadFakenham£611,6663
NR21 0DDThe Green, BinhamFakenham£585,6663
NR21 0JJThursford Road, Little SnoringFakenham£581,0003
NR21 9LQWest Street, North CreakeFakenham£579,1898
NR21 0AHThe Street, Great SnoringFakenham£557,0003
NR21 7HDThe Bowling Green, West RaynhamFakenham£555,0003

Least Expensive Streets in NR21 (Fakenham)

PostcodeStreetAreaAverageNo. of Sales
NR21 9AZBridge StreetFakenham£114,3333
NR21 8EXWaterfield AvenueFakenham£116,0005
NR21 8HNNorwich RoadFakenham£116,8754
NR21 9AJNewmans CourtFakenham£121,1254
NR21 8EUWaterfield AvenueFakenham£122,1254
NR21 8EDSummit House, Holt RoadFakenham£136,8905
NR21 8EZWaterfield CloseFakenham£138,1077
NR21 8HEFayregreenFakenham£138,21516
NR21 8HDGreat Eastern WayFakenham£138,5628
NR21 8SUMeadow WalkFakenham£139,4105

Explore NR21 (Fakenham) using map

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