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

The average house price in NR28 (North Walsham) is £251,750 using HM Land Registry data.

The average property price increased by £79,622 (22.37%) over the last 5 years and increased by £15,954 (3.46%) over the last 12 months.

Over the last year, there were 211 residential property sales – a decrease of 26 transactions (-12.32%) relative to the previous year. The majority of house sales (62) were in the £208,000 - £276,000 range. Then came properties in the £276,000 - £344,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,127 (-2%).

In Oct 24, there were 33 new estate agency instructions, 36 agreed home sales and 61 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) - 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 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
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
Homeland, North Walsham Road, Trunch, North Walsham, Norfolk, NR28 0PH£385,000£377,000-£8,00004 Feb 202430 Jul 2024177 Days
16 Skeyton New Road, North Walsham, Norfolk, NR28 0BU£175,000£170,000-£5,00026 Dec 202326 Jul 2024213 Days
6 Angel Drive, North Walsham, Norfolk, NR28 0WB£280,000£277,500-£2,50005 Mar 202412 Jul 2024129 Days
41 Wades Way, Trunch, North Walsham, Norfolk, NR28 0PW£270,000£270,000£0024 Jan 202409 Jul 2024167 Days
15 Sycamore Close, North Walsham, Norfolk, NR28 0UB£185,000£180,000-£5,00005 Mar 202408 Jul 2024125 Days
7 Oaklands Park, North Walsham, Norfolk, NR28 0AG£495,000£485,000-£10,00021 Feb 202425 Jun 2024125 Days
11 St Nicholas Road, North Walsham, Norfolk, NR28 9HN£280,000£270,000-£10,00008 Apr 202424 Jun 202477 Days
22 Skeyton New Road, North Walsham, Norfolk, NR28 0BU£199,950£190,000-£9,95008 Feb 202421 Jun 2024134 Days
38 Thirlby Road, North Walsham, Norfolk, NR28 9JB£390,000£380,000-£10,00021 Mar 202417 Jun 202488 Days
50 Long Barrow Drive, North Walsham, Norfolk, NR28 9YA£365,000£350,000-£15,00004 Aug 202313 Jun 2024314 Days
3 Marshgate, North Walsham, Norfolk, NR28 9EE£340,000£340,000£0008 Nov 202313 Jun 2024218 Days
36 Hadfield Road, North Walsham, Norfolk, NR28 0BE£260,000£255,000-£5,00018 Mar 202412 Jun 202486 Days

Most Expensive Streets in NR28 (North Walsham)

PostcodeStreetAreaAverageNo. of Sales
NR28 0PUBrewery Road, TrunchNorth Walsham£565,0005
NR28 9SRThe Green, EdingthorpeNorth Walsham£556,5833
NR28 0QBMundesley Road, TrunchNorth Walsham£545,8597
NR28 9HTSt Benets AvenueNorth Walsham£534,0005
NR28 0SGHall Lane, KnaptonNorth Walsham£516,2504
NR28 9HDHappisburgh RoadNorth Walsham£484,3758
NR28 9PSThe Street, DilhamNorth Walsham£470,0004
NR28 9BFStonebridge Road, WittonNorth Walsham£470,0003
NR28 0HECromer RoadNorth Walsham£458,5003
NR28 0RYBarn Cottages, KnaptonNorth Walsham£436,2504

Least Expensive Streets in NR28 (North Walsham)

PostcodeStreetAreaAverageNo. of Sales
NR28 9JNBank LokeNorth Walsham£98,0003
NR28 0UNAngel Court, Cromer RoadNorth Walsham£101,85010
NR28 0AEVictory CourtNorth Walsham£106,3754
NR28 9LDWaterfield MeadowsNorth Walsham£138,40313
NR28 0SZGooch CloseNorth Walsham£141,1663
NR28 9DWHaynes Court, Bacton RoadNorth Walsham£144,63611
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

Explore NR28 (North Walsham) using map

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