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

The average house price in NR28 (North Walsham) is £268,695 using HM Land Registry data.

The average property price increased by £94,311 (22.37%) over the last 5 years and increased by £18,853 (3.46%) over the last 12 months.

Over the last year, there were 223 residential property sales – a decrease of 23 transactions (-10.31%) relative to the previous year. The majority of house sales (63) were in the £218,000 - £286,000 range. Then came properties in the £286,000 - £354,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,127 (-2%).

In June 2024, there were 52 new estate agency instructions, 34 agreed home sales and 53 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) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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
21 Chestnut Avenue, North Walsham, Norfolk, NR28 9XH£300,000£295,000-£5,00030 Oct 202316 May 2024199 Days
59 Cromer Road, North Walsham, Norfolk, NR28 0HB£600,000£580,000-£20,00031 Jan 202424 Apr 202484 Days
2 Bluebell Road, North Walsham, Norfolk, NR28 9EH£240,000£220,000-£20,00012 Oct 202325 Mar 2024165 Days
10 Pyghtle Close, Trunch, North Walsham, Norfolk, NR28 0QF£350,000£335,000-£15,00029 Nov 202315 Mar 2024107 Days
18 St Andrews Close, Worstead, North Walsham, Norfolk, NR28 9SG£325,000£315,000-£10,00019 Jul 202314 Mar 2024239 Days
11 Plumbly Close, North Walsham, Norfolk, NR28 9YB£425,000£420,000-£5,00002 Oct 202314 Mar 2024164 Days
6 St Benets Avenue, North Walsham, Norfolk, NR28 9HT£650,000£635,000-£15,00004 Oct 202308 Mar 2024156 Days
7 Church Close, Trunch, North Walsham, Norfolk, NR28 0PT£300,000£300,000£0014 Jun 202304 Mar 2024264 Days
24 Royston Green, North Walsham, Norfolk, NR28 9EG£250,000£245,000-£5,00016 Oct 202301 Mar 2024137 Days
76a, Cromer Road, North Walsham, Norfolk, NR28 0HE£525,000£510,000-£15,00023 Nov 202320 Feb 202489 Days
14 Bradfield Road, North Walsham, Norfolk, NR28 0HG£180,000£160,000-£20,00006 Jul 202316 Feb 2024225 Days
14a, Cromer Road, North Walsham, Norfolk, NR28 0HD£130,000£110,000-£20,00018 Oct 202315 Feb 2024120 Days
27 Waterfield Meadows, North Walsham, Norfolk, NR28 9LD£149,950£149,950£0021 Sep 202313 Feb 2024145 Days
30 Skeyton New Road, North Walsham, Norfolk, NR28 0BU£275,000£275,000£0004 Aug 202309 Feb 2024189 Days
20a, Cromer Road, North Walsham, Norfolk, NR28 0HD£475,000£475,000£0008 Nov 202306 Feb 202490 Days
8 Simpson Close, North Walsham, Norfolk, NR28 0HZ£310,000£305,000-£5,00026 Sep 202302 Feb 2024129 Days
1 Burton Close, North Walsham, Norfolk, NR28 0EX£235,000£227,000-£8,00018 Sep 202302 Feb 2024137 Days
36 Burton Avenue, North Walsham, Norfolk, NR28 0EP£325,000£325,000£0015 Jun 202330 Jan 2024229 Days
30 Cherry Tree Lane, North Walsham, Norfolk, NR28 0HR£325,000£315,000-£10,00004 Oct 202326 Jan 2024114 Days
23 Chestnut Avenue, North Walsham, Norfolk, NR28 9XH£300,000£289,500-£10,50002 Oct 202324 Jan 2024114 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 9SLNorth Walsham Road, PastonNorth Walsham£476,6663
NR28 9PSThe Street, DilhamNorth Walsham£470,0004
NR28 9BFStonebridge Road, WittonNorth Walsham£470,0003
NR28 0HECromer RoadNorth Walsham£458,5003
NR28 9HDHappisburgh RoadNorth Walsham£457,1427

Least Expensive Streets in NR28 (North Walsham)

PostcodeStreetAreaAverageNo. of Sales
NR28 9JNBank LokeNorth Walsham£98,0003
NR28 0SPFullers Lane, TrunchNorth Walsham£98,3333
NR28 0UNAngel Court, Cromer RoadNorth Walsham£99,63611
NR28 0AEVictory CourtNorth Walsham£100,7005
NR28 9HPFairview RoadNorth Walsham£103,0003
NR28 9LDWaterfield MeadowsNorth Walsham£135,78517
NR28 0SZGooch CloseNorth Walsham£141,1663
NR28 9DWHaynes Court, Bacton RoadNorth Walsham£141,31811
NR28 9XFBenets ViewNorth Walsham£146,7857
NR28 0TNThe HolliesNorth Walsham£149,2857

Explore NR28 (North Walsham) using map

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