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House Prices in NR28 House Prices in NR28 (North Walsham)

The average house price in NR28 (North Walsham) is £295,450 using HM Land Registry data.

The average property price increased by £77,812 (22.37%) over the last 5 years and increased by £15,591 (3.46%) over the last 12 months.

Over the last year, there were 233 residential property sales – a decrease of 5 transactions (-2.15%) relative to the previous year. The majority of house sales (70) were in the £208,000 - £276,000 range. Then came properties in the £276,000 - £344,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 141 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,632 (-2%).

In Dec 24, there were 30 new estate agency instructions, 22 agreed home sales and 20 property price reductions.

Nearby Postcodes: NR10, NR11, NR12, NR13, NR20, NR24, NR25, NR26, NR27, NR29, NR6, NR7, NR8, NR9

5-Year Average Property Prices in NR28 (North Walsham)

22.37%

Property prices in North Walsham increased by 22.37% 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 NR28 (North Walsham) Over the Last Year

3.46%

Property prices in North Walsham increased by 3.46% 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 NR28 (North Walsham) - Dec 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 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 NR28 (North Walsham)

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 NR28 (North Walsham)

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 NR28 (North Walsham)

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 NR28 (North Walsham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR28 postcode area since 1995.

Recent Sales in NR28 (North Walsham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
44 Wharton Drive, North Walsham, Norfolk, NR28 0UG£179,950£177,000-£2,95011 Jun 202422 Nov 2024164 Days
28 Aylsham Road, North Walsham, Norfolk, NR28 0BL£240,000£217,500-£22,50010 May 202415 Nov 2024189 Days
50 Mayfield Way, North Walsham, Norfolk, NR28 0DQ£260,000£250,000-£10,00021 Aug 202415 Nov 202486 Days
1 Wilkinson Way, North Walsham, Norfolk, NR28 9BB£375,000£363,000-£12,00028 May 202414 Nov 2024170 Days
6 Williams Way, North Walsham, Norfolk, NR28 0BA£260,000£250,000-£10,00003 Jul 202407 Nov 2024127 Days
67 Acorn Road, North Walsham, Norfolk, NR28 0UA£365,000£355,000-£10,00012 Mar 202405 Nov 2024238 Days
31 Sycamore Close, North Walsham, Norfolk, NR28 0UB£220,000£215,000-£5,00007 May 202431 Oct 2024177 Days
94a, Mundesley Road, North Walsham, Norfolk, NR28 0DB£325,000£310,000-£15,00017 Jun 202425 Oct 2024130 Days
11 Acorn Road, North Walsham, Norfolk, NR28 0UA£280,000£275,000-£5,00006 Apr 202423 Oct 2024200 Days
14 Royston Green, North Walsham, Norfolk, NR28 9EG£350,000£330,000-£20,00006 Jun 202421 Oct 2024137 Days
16 Trunch Road, Swafield, North Walsham, Norfolk, NR28 0PF£280,000£280,000£0013 Mar 202421 Oct 2024222 Days
159 Mundesley Road, North Walsham, Norfolk, NR28 0DD£350,000£350,000£0018 Apr 202408 Oct 2024173 Days
23 Millfield Road, North Walsham, Norfolk, NR28 0EB£260,000£250,000-£10,00028 Mar 202415 Aug 2024140 Days
1 Bayes Court, North Walsham, Norfolk, NR28 0WH£425,000£410,000-£15,00031 Jan 202412 Aug 2024194 Days
20 Thirlby Road, North Walsham, Norfolk, NR28 9BA£400,000£395,000-£5,00013 Sep 202312 Aug 2024334 Days
5 Corbett Road, North Walsham, Norfolk, NR28 0JE£205,000£200,000-£5,00006 Feb 202406 Aug 2024182 Days
75 Mundesley Road, North Walsham, Norfolk, NR28 0DB£425,000£425,000£0016 Apr 202406 Aug 2024112 Days
7 Wharton Drive, North Walsham, Norfolk, NR28 0UG£140,000£140,000£0003 May 202405 Aug 202494 Days
23 North Walsham Road, Trunch, North Walsham, Norfolk, NR28 0PL£280,000£275,000-£5,00029 Mar 202402 Aug 2024126 Days
8 Antingham Drive, North Walsham, Norfolk, NR28 9BE£260,000£255,000-£5,00026 Jan 202402 Aug 2024189 Days

Most Expensive Streets in NR28 (North Walsham)

PostcodeStreetAreaAverageNo. of Sales
NR28 0QBMundesley Road, TrunchNorth Walsham£572,6696
NR28 0PUBrewery Road, TrunchNorth Walsham£565,0005
NR28 9SRThe Green, EdingthorpeNorth Walsham£556,5833
NR28 9HTSt Benets AvenueNorth Walsham£534,0005
NR28 0SGHall Lane, KnaptonNorth Walsham£516,2504
NR28 9HDHappisburgh RoadNorth Walsham£485,0009
NR28 9PSThe Street, DilhamNorth Walsham£470,0004
NR28 9BFStonebridge Road, WittonNorth Walsham£470,0003
NR28 0HECromer RoadNorth Walsham£458,5003
NR28 0LDAylsham Road, FelminghamNorth Walsham£452,8333

Least Expensive Streets in NR28 (North Walsham)

PostcodeStreetAreaAverageNo. of Sales
NR28 0UNAngel Court, Cromer RoadNorth Walsham£92,3128
NR28 9JNBank LokeNorth Walsham£98,0003
NR28 0AEVictory CourtNorth Walsham£108,8333
NR28 9LDWaterfield MeadowsNorth Walsham£140,85412
NR28 9DWHaynes Court, Bacton RoadNorth Walsham£148,10010
NR28 0TNThe HolliesNorth Walsham£149,2857
NR28 9JYLower Cottage, Kings Arms Street, North WalshamNorth Walsham£149,6663
NR28 9XFBenets ViewNorth Walsham£152,9166
NR28 0DAMundesley RoadNorth Walsham£166,5717
NR28 9DNThe LeaNorth Walsham£168,2504

Explore NR28 (North Walsham) using map

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