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House Prices in PE37

The average house price in PE37 (Swaffham) is £246,000 using HM Land Registry data.

The average property price increased by £74,474 (15.17%) over the last 5 years and increased by £14,888 (2.47%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 90 transactions (-52.02%) relative to the previous year. The majority of house sales (45) were in the £210,000 - £260,000 range. Then came properties in the £260,000 - £310,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,959 (-3%).

In June 2024, there were 56 new estate agency instructions, 31 agreed home sales and 33 property price reductions.

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.

Property Market Heat Gauge for PE37 (Swaffham) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Goodrick Place, Swaffham, Norfolk, PE37 7RP	£180,000	£175,000	-£5,000	27 Sep 2023	10 May 2024	226 Days
6 Amherst Close, Swaffham, Norfolk, PE37 7TS	£265,000	£252,000	-£13,000	15 Jan 2024	10 May 2024	116 Days
5 The Paddocks, Swaffham, Norfolk, PE37 7PA	£210,000	£210,000	£00	12 Jan 2024	03 May 2024	112 Days
13 Hamilton Close, Swaffham, Norfolk, PE37 7TA	£170,000	£165,000	-£5,000	13 Feb 2024	02 May 2024	79 Days
30 White Cross Road, Swaffham, Norfolk, PE37 7QY	£170,000	£162,000	-£8,000	19 Sep 2023	30 Apr 2024	224 Days
10 Bengeys Road, Necton, Swaffham, Norfolk, PE37 8LZ	£290,000	£280,000	-£10,000	26 Dec 2023	26 Apr 2024	122 Days
7 Amherst Close, Swaffham, Norfolk, PE37 7TS	£355,000	£355,000	£00	23 Oct 2023	17 Apr 2024	177 Days
2a, Haspalls Road, Swaffham, Norfolk, PE37 7PB	£265,000	£235,000	-£30,000	28 Sep 2023	12 Apr 2024	197 Days
Farthings, North Pickenham Road, Necton, Swaffham, Norfolk, PE37 8EF	£289,995	£270,000	-£19,995	13 Oct 2023	20 Mar 2024	159 Days
12 Couhe Close, Swaffham, Norfolk, PE37 7JS	£260,000	£250,000	-£10,000	17 Jan 2024	01 Mar 2024	44 Days
48 Mill Farm Nurseries, Swaffham, Norfolk, PE37 7PJ	£270,000	£265,000	-£5,000	31 Oct 2023	01 Mar 2024	122 Days
5 Brandon Close, Swaffham, Norfolk, PE37 7EF	£300,000	£300,000	£00	08 Nov 2023	23 Feb 2024	107 Days
32 White Cross Road, Swaffham, Norfolk, PE37 7QY	£150,000	£150,000	£00	19 Jul 2023	02 Feb 2024	198 Days
30 Southlands, Swaffham, Norfolk, PE37 7PE	£250,000	£250,000	£00	13 Oct 2023	26 Jan 2024	105 Days
2 Westfield Road, Swaffham, Norfolk, PE37 7HE	£295,000	£278,000	-£17,000	30 Jun 2023	22 Jan 2024	206 Days
9 Masons Drive, Necton, Swaffham, Norfolk, PE37 8EE	£260,000	£255,000	-£5,000	16 Oct 2023	15 Jan 2024	91 Days
Silver Birches, Northwell Pool Road, Swaffham, Norfolk, PE37 7HW	£575,000	£560,000	-£15,000	07 Oct 2023	11 Jan 2024	96 Days
3 Larwood Close, Necton, Swaffham, Norfolk, PE37 8HW	£290,000	£290,000	£00	25 Apr 2023	04 Jan 2024	254 Days
17 Brancaster Way, Swaffham, Norfolk, PE37 7RY	£280,000	£276,500	-£3,500	09 Aug 2023	15 Dec 2023	128 Days
24 Southlands, Swaffham, Norfolk, PE37 7PE	£190,000	£189,950	-£50	26 Apr 2023	13 Dec 2023	231 Days

Most Expensive Streets in PE37 (Swaffham)

Postcode	Street	Area	Average	No. of Sales
PE37 8FQ	Croft Meadow, Necton	Swaffham	£555,543	4
PE37 8EL	Tuns Road, Necton	Swaffham	£437,550	5
PE37 8HQ	Captains Close	Swaffham	£426,999	5
PE37 8JR	The Street, North Pickenham	Swaffham	£425,000	3
PE37 7BY	Whitsands Road	Swaffham	£401,000	3
PE37 7JG	Tumbler Hill	Swaffham	£382,000	9
PE37 7JD	New Sporle Road	Swaffham	£377,500	4
PE37 7ER	Oaks Drive	Swaffham	£375,100	5
PE37 8PB	Ladybird Loke	Swaffham	£375,000	4
PE37 8BD	The Street, Beachamwell	Swaffham	£374,900	5

Least Expensive Streets in PE37 (Swaffham)

Postcode	Street	Area	Average	No. of Sales
PE37 7TU	The Shirehall, Beech Close	Swaffham	£95,333	6
PE37 7ND	Cateryne Court, Spinners Lane	Swaffham	£96,666	6
PE37 7HH	Northwell Place	Swaffham	£113,000	18
PE37 7BB	Lynn Road	Swaffham	£120,833	6
PE37 7AX	Lynn Street	Swaffham	£141,900	10
PE37 7BZ	Queen Street	Swaffham	£152,166	3
PE37 8EJ	St Andrews Way, Necton	Swaffham	£156,000	3
PE37 7HN	Pedlars Grove	Swaffham	£160,500	5
PE37 7TQ	Partridge Grove	Swaffham	£164,361	9
PE37 7TJ	Stratton Close	Swaffham	£165,666	3