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Martham House Prices Martham House Prices

The average house price in Martham is £261,666 using HM Land Registry data.

The average property price increased by £92,477 (42.79%) over the last 5 years and increased by £18,525 (6.39%) over the last 12 months.

Over the last year, there were 36 residential property sales – a decrease of 31 transactions (-86.11%) relative to the previous year. The majority of house sales (12) were in the £180,000 - £220,000 range. Then came properties in the £220,000 - £260,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 128 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,425 (-3%).

In January 2025, there were 5 new estate agency instructions, 12 agreed home sales and 13 property price reductions.

Postcodes Covered: NR29

5-Year Average Property Prices in Martham

42.79%

Property prices in Martham increased by 42.79% 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 Martham Over the Last Year

6.39%

Property prices in Martham increased by 6.39% 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 Martham - 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 Martham

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 Martham

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 Martham

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 Martham since 1995

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

Recent Property Sales in Martham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
31 Rollesby Road, Martham, Great Yarmouth, Norfolk, NR29 4SW£440,000£430,000-£10,00006 Aug 202429 Nov 2024115 Days
12 Merriman Road, Martham, Great Yarmouth, Norfolk, NR29 4RW£220,000£212,500-£7,50016 Jul 202429 Nov 2024136 Days
14 Starkings Road, Martham, Great Yarmouth, Norfolk, NR29 4UJ£365,000£365,000£007 Jun 202406 Nov 2024152 Days
96 Marlborough Green Crescent, Martham, Great Yarmouth, Norfolk, NR29 4ST£135,000£135,000£009 Apr 202425 Oct 2024199 Days
33 Staithe Road, Martham, Great Yarmouth, Norfolk, NR29 4PT£485,000£475,000-£10,00012 Mar 202422 Oct 2024224 Days
1 Thurne Rise, Martham, Great Yarmouth, Norfolk, NR29 4PU£300,000£300,000£008 May 202416 Oct 2024161 Days
4 Marsh Close, Martham, Great Yarmouth, Norfolk, NR29 4UF£375,000£361,000-£14,00020 May 202410 Oct 2024143 Days
8 Pine Close, Martham, Great Yarmouth, Norfolk, NR29 4SG£259,500£250,000-£9,50012 Apr 202402 Aug 2024112 Days
3 Hamilton Walk, Martham, Great Yarmouth, Norfolk, NR29 4TB£190,000£185,000-£5,00027 Mar 202426 Jul 2024121 Days
14 Station Close, Martham, Great Yarmouth, Norfolk, NR29 4UQ£190,000£187,500-£2,50005 Apr 202424 Jun 202480 Days
5 Sycamore Avenue, Martham, Great Yarmouth, Norfolk, NR29 4QW£325,000£325,000£005 Apr 202306 Jun 2024428 Days
15 Bensley Road, Martham, Great Yarmouth, Norfolk, NR29 4QE£210,000£170,000-£40,00020 Jul 202322 Mar 2024246 Days
142 Repps Road, Martham, Great Yarmouth, Norfolk, NR29 4QZ£390,000£388,700-£1,30025 Oct 202323 Feb 2024121 Days
20 Marlborough Green Crescent, Martham, Great Yarmouth, Norfolk, NR29 4SZ£215,000£205,000-£10,00022 Aug 202322 Jan 2024153 Days
23 Thurne Rise, Martham, Great Yarmouth, Norfolk, NR29 4PU£245,000£240,000-£5,00014 Mar 202315 Dec 2023276 Days
134 Marlborough Green Crescent, Martham, Great Yarmouth, Norfolk, NR29 4TU£189,750£183,000-£6,75029 Jul 202318 Oct 202381 Days
37 Rollesby Road, Martham, Great Yarmouth, Norfolk, NR29 4SW£260,000£250,000-£10,00028 Mar 202306 Oct 2023192 Days
54 Repps Road, Martham, Great Yarmouth, Norfolk, NR29 4QT£400,000£380,000-£20,00020 Feb 202314 Sep 2023206 Days
11 Pine Close, Martham, Great Yarmouth, Norfolk, NR29 4SG£284,000£277,000-£7,00027 May 202305 Sep 2023101 Days
8 Bell Meadow, Martham, Great Yarmouth, Norfolk, NR29 4UA£425,000£425,000£006 Apr 202322 Aug 2023138 Days

Most Expensive Streets in Martham

PostcodeStreetAreaAverageNo. of Sales
NR29 4PTStaithe RoadMartham£385,0004
NR29 4UABell MeadowMartham£378,1254
NR29 4QGHemsby RoadMartham£376,6663
NR29 4PRBlack StreetMartham£370,2857
NR29 4SWRollesby RoadMartham£358,1427
NR29 4PAThe GreenMartham£336,0005
NR29 4QRStation GardensMartham£335,7504
NR29 4UFMarsh CloseMartham£330,3333
NR29 4PEBack LaneMartham£326,45010
NR29 4QWSycamore AvenueMartham£325,3336

Least Expensive Streets in Martham

PostcodeStreetAreaAverageNo. of Sales
NR29 4AHThe GreenMartham£111,6663
NR29 4QXCess RoadMartham£155,5003
NR29 4STMarlborough Green CrescentMartham£159,2508
NR29 4QEBensley RoadMartham£180,0004
NR29 4SZMarlborough Green CrescentMartham£180,4287
NR29 4TDClarendon DriveMartham£183,2005
NR29 4QDSomerton RoadMartham£187,3333
NR29 4TPCromwell CloseMartham£188,9005
NR29 4RNRising WayMartham£189,3754
NR29 4QNOaktree CloseMartham£199,0004

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