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House Prices in PE37 House Prices in PE37 (Swaffham)

The average house price in PE37 (Swaffham) is £316,214 using HM Land Registry data.

The average property price increased by £71,391 (15.17%) over the last 5 years and increased by £14,305 (2.47%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 86 transactions (-56.95%) relative to the previous year. The majority of house sales (40) were in the £240,000 - £280,000 range. Then came properties in the £200,000 - £240,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,959 (-3%).

In Oct 24, there were 37 new estate agency instructions, 34 agreed home sales and 37 property price reductions.

Nearby Postcodes: IP24, IP25, IP26, IP27, NR17, NR19, NR20, NR21, NR9, PE30, PE31, PE32, PE33, PE34, PE38

5-Year Average Property Prices in PE37 (Swaffham)

15.17%

Property prices in Swaffham increased by 15.17% 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 PE37 (Swaffham) Over the Last Year

2.47%

Property prices in Swaffham increased by 2.47% 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 PE37 (Swaffham) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 PE37 (Swaffham)

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 PE37 (Swaffham)

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 PE37 (Swaffham)

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 PE37 (Swaffham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE37 postcode area since 1995.

Recent Sales in PE37 (Swaffham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Southlands, Swaffham, Norfolk, PE37 7PE£270,000£262,500-£7,50003 Nov 202314 Aug 2024285 Days
17 Mount Close, Swaffham, Norfolk, PE37 7NQ£250,000£245,000-£5,00029 Mar 202431 Jul 2024124 Days
1 Longfields, Swaffham, Norfolk, PE37 7RH£325,000£325,000£0004 Mar 202422 Jul 2024140 Days
31 Mount Close, Swaffham, Norfolk, PE37 7NQ£290,000£275,000-£15,00024 Oct 202305 Jul 2024255 Days
20 Farm Walk, Necton, Swaffham, Norfolk, PE37 8LX£260,000£230,000-£30,00019 Jan 202403 Jul 2024166 Days
8 The Paddocks, Swaffham, Norfolk, PE37 7PA£215,000£210,000-£5,00009 Nov 202326 Jun 2024230 Days
16 Lee Warner Road, Swaffham, Norfolk, PE37 7GD£250,000£245,000-£5,00020 Feb 202420 Jun 2024121 Days
17 Shepherds Fold, Swaffham, Norfolk, PE37 7TR£380,000£370,000-£10,00006 Feb 202417 Jun 2024132 Days
Flat 8, The Shirehall, Beech Close, Swaffham, Norfolk, PE37 7TU£85,000£80,000-£5,00024 Jan 202423 May 2024120 Days
8 Ketts Hill, Necton, Swaffham, Norfolk, PE37 8HX£280,000£275,000-£5,00006 Dec 202317 May 2024163 Days
5 Goodrick Place, Swaffham, Norfolk, PE37 7RP£180,000£175,000-£5,00027 Sep 202310 May 2024226 Days
6 Amherst Close, Swaffham, Norfolk, PE37 7TS£265,000£252,000-£13,00015 Jan 202410 May 2024116 Days
5 The Paddocks, Swaffham, Norfolk, PE37 7PA£210,000£210,000£0012 Jan 202403 May 2024112 Days
13 Hamilton Close, Swaffham, Norfolk, PE37 7TA£170,000£165,000-£5,00013 Feb 202402 May 202479 Days
1 Goodrick Place, Swaffham, Norfolk, PE37 7RP£200,000£200,000£0015 Feb 202302 May 2024442 Days
1 Ramms Lane, Necton, Swaffham, Norfolk, PE37 8EZ£230,000£225,000-£5,00019 Sep 202302 May 2024226 Days
30 White Cross Road, Swaffham, Norfolk, PE37 7QY£170,000£162,000-£8,00019 Sep 202330 Apr 2024224 Days
10 Bengeys Road, Necton, Swaffham, Norfolk, PE37 8LZ£290,000£280,000-£10,00026 Dec 202326 Apr 2024122 Days
11 White Cross Road, Swaffham, Norfolk, PE37 7QY£300,000£295,000-£5,00009 Feb 202424 Apr 202475 Days
7 Amherst Close, Swaffham, Norfolk, PE37 7TS£355,000£355,000£0023 Oct 202317 Apr 2024177 Days

Most Expensive Streets in PE37 (Swaffham)

PostcodeStreetAreaAverageNo. of Sales
PE37 8FQCroft Meadow, NectonSwaffham£555,5434
PE37 8HQCaptains CloseSwaffham£442,4996
PE37 8ELTuns Road, NectonSwaffham£437,5505
PE37 7JDNew Sporle RoadSwaffham£431,0005
PE37 8JRThe Street, North PickenhamSwaffham£425,0003
PE37 7BYWhitsands RoadSwaffham£401,0003
PE37 7JGTumbler HillSwaffham£380,3758
PE37 8PBLadybird LokeSwaffham£375,0004
PE37 8BDThe Street, BeachamwellSwaffham£374,9005
PE37 8JAChapel Road, NectonSwaffham£373,7504

Least Expensive Streets in PE37 (Swaffham)

PostcodeStreetAreaAverageNo. of Sales
PE37 7TUThe Shirehall, Beech CloseSwaffham£93,1427
PE37 7NDCateryne Court, Spinners LaneSwaffham£96,6666
PE37 7HHNorthwell PlaceSwaffham£114,25016
PE37 7BBLynn RoadSwaffham£125,0006
PE37 7AXLynn StreetSwaffham£147,3339
PE37 7BZQueen StreetSwaffham£152,1663
PE37 7HNPedlars GroveSwaffham£160,5005
PE37 7TJStratton CloseSwaffham£165,6663
PE37 7DEWhitsands MewsSwaffham£172,5003
PE37 7TQPartridge GroveSwaffham£173,0318

Explore PE37 (Swaffham) using map

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