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House Prices in NR7 House Prices in NR7 (Norwich)

The average house price in NR7 (Norwich) is £312,092 using HM Land Registry data.

The average property price increased by £57,593 (20.3%) over the last 5 years and increased by £11,536 (3.19%) over the last 12 months.

Over the last year, there were 409 residential property sales – a decrease of 104 transactions (-25.43%) relative to the previous year. The majority of house sales (113) were in the £208,000 - £256,000 range. Then came properties in the £256,000 - £304,000 range, where 102 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 200 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,268 (-2%).

In January 2025, there were 86 new estate agency instructions, 56 agreed home sales and 60 property price reductions.

Nearby Postcodes: IP18, IP19, IP20, IP21, IP22, IP24, IP25, NR1, NR10, NR11, NR12, NR13, NR14, NR15, NR16, NR17, NR18, NR19, NR2, NR20, NR24, NR25, NR26, NR27, NR28, NR29, NR3, NR30, NR31, NR32, NR33, NR34, NR35, NR4, NR5, NR6, NR8, NR9, PE32, PE37

5-Year Average Property Prices in NR7 (Norwich)

20.3%

Property prices in NR7 (Norwich) increased by 20.3% 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 NR7 (Norwich) Over the Last Year

3.19%

Property prices in NR7 (Norwich) increased by 3.19% 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 NR7 (Norwich) - 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 NR7 (Norwich)

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 NR7 (Norwich)

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 NR7 (Norwich)

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 NR7 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR7 postcode area since 1995.

Recent Sales in NR7 (Norwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Pilling Road, Norwich, Norfolk, NR7 0DL£340,000£330,000-£10,00010 Jul 202404 Dec 2024147 Days
2 Linton Crescent, Norwich, Norfolk, NR7 8NN£270,000£270,000£007 Jun 202429 Nov 2024175 Days
180 Blithewood Gardens, Norwich, Norfolk, NR7 8PP£260,000£257,000-£3,00030 Aug 202429 Nov 202491 Days
27 Blackwell Avenue, Norwich, Norfolk, NR7 8XN£280,000£275,000-£5,00026 Jun 202422 Nov 2024149 Days
18 Church View Close, Norwich, Norfolk, NR7 8QA£250,000£97,000-£153,00011 Nov 202422 Nov 202411 Days
97 Spinney Road, Norwich, Norfolk, NR7 0PJ£350,000£345,000-£5,00027 Jun 202422 Nov 2024148 Days
11 Desborough Way, Norwich, Norfolk, NR7 0RR£269,950£267,000-£2,95006 Jun 202419 Nov 2024166 Days
10 Chalgrove Field, Norwich, Norfolk, NR7 0NP£300,000£300,000£010 Jul 202413 Nov 2024126 Days
31 Barclay Green, Norwich, Norfolk, NR7 9QH£200,000£193,000-£7,00008 May 202405 Nov 2024181 Days
7 Le Tunder Close, Norwich, Norfolk, NR7 0JH£319,995£316,495-£3,50021 Jun 202430 Oct 2024131 Days
21 Anne Close, Norwich, Norfolk, NR7 0PH£550,000£540,000-£10,00009 Jul 202425 Oct 2024108 Days
8 Allens Avenue, Norwich, Norfolk, NR7 8EP£315,000£308,500-£6,50007 Mar 202425 Oct 2024232 Days
57 Cere Road, Norwich, Norfolk, NR7 8LH£260,000£235,000-£25,00010 Jun 202421 Oct 2024133 Days
8 Rosemary Road, Norwich, Norfolk, NR7 8ER£350,000£340,000-£10,00011 Apr 202412 Aug 2024123 Days
51 Spinney Road, Norwich, Norfolk, NR7 0PL£290,000£290,000£026 Dec 202309 Aug 2024227 Days
32 Cere Road, Norwich, Norfolk, NR7 8JU£290,000£280,000-£10,00026 Jan 202402 Aug 2024189 Days
26 Harvey Lane, Norwich, Norfolk, NR7 0BY£325,000£325,000£012 Feb 202402 Aug 2024172 Days
6 Newark Close, Norwich, Norfolk, NR7 0YJ£440,000£430,000-£10,00026 Dec 202331 Jul 2024218 Days
49 Belmore Road, Thorpe St Andrew, Norwich, Norfolk, NR7 0PR£280,000£265,000-£15,00002 Apr 202430 Jul 2024119 Days
44 St Williams Way, Norwich, Norfolk, NR7 0AP£290,000£270,000-£20,00025 Apr 202430 Jul 202496 Days

Most Expensive Streets in NR7 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR7 0HBStanmore RoadNorwich£671,6126
NR7 0PXThunder LaneNorwich£658,7504
NR7 0JJBoulderside CloseNorwich£613,2873
NR7 0BHEden CloseNorwich£595,3333
NR7 0EQYarmouth RoadNorwich£587,1663
NR7 0TRRainsborough RiseNorwich£562,3333
NR7 0GGThe Old Chapel, St Andrews ParkNorwich£527,0254
NR7 8ERRosemary RoadNorwich£507,6878
NR7 8FEEverett CloseNorwich£507,5004
NR7 0RJSt Andrews CloseNorwich£501,6663

Least Expensive Streets in NR7 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR7 9LSLaurel Court, Armstrong RoadNorwich£112,92520
NR7 8NACecil Gowing CourtNorwich£129,7503
NR7 9XNHolmes CloseNorwich£136,8005
NR7 9NJBodmin Court, Plumstead Road EastNorwich£150,1666
NR7 8JBPine CourtNorwich£151,3339
NR7 8SZCoachmans Court, SprowstonNorwich£152,8128
NR7 9UWPaine RoadNorwich£158,0004
NR7 9QPBarclay RoadNorwich£158,2504
NR7 8GTCordwainer Close, SprowstonNorwich£159,14717
NR7 0QFYarmouth RoadNorwich£161,1663

Explore NR7 (Norwich) using map

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