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House Prices in NR20 House Prices in NR20 (Dereham)

The average house price in NR20 (Dereham) is £377,289 using HM Land Registry data.

The average property price increased by £30,812 (40.01%) over the last 5 years and increased by £6,172 (5.52%) over the last 12 months.

Over the last year, there were 191 residential property sales – a decrease of 107 transactions (-56.02%) relative to the previous year. The majority of house sales (51) were in the £262,000 - £334,000 range. Then came properties in the £190,000 - £262,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 167 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,328 (-3%).

In January 2025, there were 50 new estate agency instructions, 43 agreed home sales and 43 property price reductions.

Nearby Postcodes: IP25, NR10, NR11, NR12, NR14, NR17, NR18, NR19, NR21, NR22, NR23, NR24, NR25, NR26, NR27, NR28, NR4, NR5, NR6, NR8, NR9, PE30, PE31, PE32, PE33, PE37

5-Year Average Property Prices in NR20 (Dereham)

40.01%

Property prices in NR20 (Dereham) increased by 40.01% 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 NR20 (Dereham) Over the Last Year

5.52%

Property prices in NR20 (Dereham) increased by 5.52% 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 NR20 (Dereham) - 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 NR20 (Dereham)

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 NR20 (Dereham)

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 NR20 (Dereham)

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 NR20 (Dereham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR20 postcode area since 1995.

Recent Sales in NR20 (Dereham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Brookside, North Elmham, Dereham, Norfolk, NR20 5JP£300,000£285,000-£15,00005 Jul 202411 Dec 2024159 Days
99 Dereham Road, Mattishall, Dereham, Norfolk, NR20 3NU£450,000£425,000-£25,00021 Aug 202406 Dec 2024107 Days
8 The Glebe, Hockering, Dereham, Norfolk, NR20 3TX£450,000£432,000-£18,00010 Jun 202429 Nov 2024172 Days
2 Gray Drive, Swanton Morley, Dereham, Norfolk, NR20 4PG£230,000£225,000-£5,00022 Jul 202427 Nov 2024128 Days
12 Beech Road, Beetley, Dereham, Norfolk, NR20 4HR£210,000£210,000£003 Jul 202415 Nov 2024135 Days
Stoneleigh, Blacksmiths Close, Wood Norton, Dereham, Norfolk, NR20 5UA£350,000£350,000£006 Jun 202412 Nov 2024159 Days
1 Tower Close, Whissonsett, Dereham, Norfolk, NR20 5FF£425,000£425,000£010 Apr 202401 Nov 2024205 Days
2 Hindolveston Road, Guestwick, Dereham, Norfolk, NR20 5QL£450,000£437,500-£12,50014 Jul 202328 Oct 2024472 Days
15 Gray Drive, Swanton Morley, Dereham, Norfolk, NR20 4PG£220,000£215,000-£5,00024 Apr 202423 Oct 2024182 Days
Old Well Cottage, New Lane, Mattishall, Dereham, Norfolk, NR20 3JX£650,000£630,000-£20,00020 Jun 202418 Oct 2024120 Days
3 Beetley Meadows, Beetley, Dereham, Norfolk, NR20 4UU£585,000£580,000-£5,00012 Jul 202418 Oct 202498 Days
28 Oakland Drive, Beetley, Dereham, Norfolk, NR20 4EY£425,000£415,000-£10,00009 Feb 202408 Oct 2024242 Days
12 Halls Drive, Gressenhall, Dereham, Norfolk, NR20 4EJ£200,000£195,000-£5,00008 May 202404 Oct 2024149 Days
Ivy Barn, Welgate, Mattishall, Dereham, Norfolk, NR20 3PL£1,300,000£1,250,000-£50,00027 Feb 202404 Oct 2024220 Days
20 All Saints Walk, Mattishall, Dereham, Norfolk, NR20 3RF£240,000£238,000-£2,00009 May 202404 Oct 2024148 Days
18 Larks Place, Dereham, Norfolk, NR20 3UA£230,000£215,000-£15,00004 Mar 202403 Oct 2024213 Days
81 Dereham Road, Mattishall, Dereham, Norfolk, NR20 3NU£280,000£280,000£029 Dec 202309 Aug 2024224 Days
12 Lime Tree Close, Mattishall, Dereham, Norfolk, NR20 3PP£260,000£255,000-£5,00026 Feb 202402 Aug 2024158 Days
16 Highfield Close, Foulsham, Dereham, Norfolk, NR20 5SW£300,000£297,500-£2,50012 Dec 202326 Jul 2024227 Days
7 Rosa Vella Drive, Dereham, Norfolk, NR20 3SB£325,000£320,000-£5,00009 Apr 202424 Jul 2024106 Days

Most Expensive Streets in NR20 (Dereham)

PostcodeStreetAreaAverageNo. of Sales
NR20 3GXWindfields, East TuddenhamDereham£1,022,5004
NR20 3PDDereham Road, MattishallDereham£773,3333
NR20 3PLThe Bungalows, MattishallDereham£740,0004
NR20 5DDThe Street, HindolvestonDereham£733,7506
NR20 5AAChurch Street, BrisleyDereham£706,6663
NR20 3ALNorwich RoadDereham£705,0004
NR20 3JNAlbatross Road, HockeringDereham£694,3758
NR20 3SRThe Beeches, MattishallDereham£661,6663
NR20 3EZRookery Farm Barns, Elsing LaneDereham£658,3333
NR20 4FGPanhard Drive, GressenhallDereham£575,8005

Least Expensive Streets in NR20 (Dereham)

PostcodeStreetAreaAverageNo. of Sales
NR20 3FDPavilion WayDereham£93,0004
NR20 3FGOld School Green, MattishallDereham£137,7814
NR20 3NQRayners Way, MattishallDereham£146,8005
NR20 3FNElm StreetDereham£161,9005
NR20 3HUManor Close, HockeringDereham£169,0566
NR20 3AQNursery Buildings, Norwich RoadDereham£178,7005
NR20 4FSWhiteside Mews, Swanton MorleyDereham£180,0004
NR20 4PHWard Crescent, Swanton MorleyDereham£184,3333
NR20 4ANCecil RoadDereham£185,0003
NR20 4UAMalthouse CourtDereham£185,4005

Explore NR20 (Dereham) using map

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