House Prices in NR12 House Prices in NR12 (Norwich)

The average house price in NR12 (Norwich) is £320,000 using HM Land Registry data.

The average property price increased by £307 (-1.31%) over the last 5 years and increased by £61 (-0.27%) over the last 12 months.

Over the last year, there were 248 residential property sales – a decrease of 85 transactions (-34.27%) relative to the previous year. The majority of house sales (55) were in the £320,000 - £410,000 range. Then came properties in the £140,000 - £230,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,217 (-3%).

In Aug 2026, there were 30 new estate agency instructions, 48 agreed home sales and 74 property price reductions.

5-Year Average Property Prices in NR12 (Norwich)

-1.31%

Property prices in NR12 (Norwich) decreased by -1.31% 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 NR12 (Norwich) Over the Last Year

-0.27%

Property prices in NR12 (Norwich) decreased by -0.27% 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 NR12 (Norwich) - Aug 2026

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 NR12 (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 NR12 (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 NR12 (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 NR12 (Norwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR12 postcode area since 1995.

Recent Sales in NR12 (Norwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Mayflower Cottage, High Street, Norwich, NR12 7DH£250,000£250,000£013 Oct 202517 Jul 2026277 Days
Bay Tree House, Hall Lane, Norwich, NR12 7LT£550,000£510,000-£40,00001 Jan 202606 Jul 2026186 Days
Shangri La, Abbotts Way, Bush Estate, Norwich, NR12 0TA£140,000£140,000£028 Apr 202603 Jul 202666 Days
4 Parkland Close, Norwich, NR12 8PW£725,000£725,000£022 Jan 202630 Jun 2026159 Days
32 Tungate Way, Norwich, NR12 7EN£400,000£385,000-£15,00009 Feb 202626 Jun 2026137 Days
49 St Margarets Gardens, Norwich, NR12 8DN£70,000£62,000-£8,00011 Nov 202522 Jun 2026223 Days
9 Plattens Court, Castle Street, Norwich, NR12 8SQ£160,000£160,000£026 Jan 202617 Jun 2026142 Days
14 Ling Close, Norwich, NR12 7HZ£425,000£420,000-£5,00007 Oct 202516 Jun 2026252 Days
Fensbrook House, King Street, Norwich, NR12 8BW£575,000£550,000-£25,00003 Nov 202516 Jun 2026225 Days
Manna Cottage, Kimberley Road, Norwich, NR12 0EN£400,000£395,000-£5,00005 Jun 202610 Jun 20265 Days
20 Ling Way, Norwich, NR12 7HX£260,000£258,500-£1,50030 Jan 202629 May 2026119 Days
17 Jeckells Road, Norwich, NR12 9FN£245,000£230,000-£15,00014 Nov 202526 May 2026193 Days
Shingle Cottage, Lighthouse Lane, Norwich, NR12 0QA£240,000£240,000£002 Jul 202522 May 2026324 Days
4 Robert Norgate Close, Norwich, NR12 7BT£220,000£220,000£023 Feb 202620 May 202686 Days
1 Tulsa Way, Paston Road, Norwich, NR12 0JB£110,000£110,000£015 Sep 202515 May 2026242 Days
109 Neville Road, Norwich, NR12 9RR£150,000£145,000-£5,00015 Sep 202513 May 2026240 Days
Flat 5, Norton House, North Walsham Road, Norwich, NR12 0LN£160,000£159,000-£1,00002 Oct 202511 May 2026221 Days
57 Millside, Norwich, NR12 9PB£200,000£195,000-£5,00002 Feb 202609 May 202696 Days
Connaught Cottage, Upper Staithe Road, Stalham, NR12 9AX£240,000£240,000£028 Aug 202508 May 2026253 Days
23 Kings Road, Norwich, NR12 7DX£350,000£344,000-£6,00026 Dec 202505 May 2026130 Days

Most Expensive Streets in NR12 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR12 7LYStanninghall RoadNorwich£1,148,3333
NR12 8TWBeech RoadNorwich£1,113,6923
NR12 8ARHall RoadNorwich£919,7705
NR12 8PPFerry Cott LaneNorwich£886,6663
NR12 7AQAnchor StreetNorwich£792,2504
NR12 8UNMeadow DriveNorwich£734,6427
NR12 8TPBeech RoadNorwich£731,5005
NR12 7DFBirch CloseNorwich£711,6663
NR12 7BPBeeston LaneNorwich£690,8336
NR12 8XAThe Street, BelaughNorwich£683,6663

Least Expensive Streets in NR12 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR12 9PNBroadside Chalet Park, StalhamNorwich£47,4116
NR12 9EQSpinners CourtNorwich£105,7005
NR12 9BBHigh StreetNorwich£106,2857
NR12 9FAKingfisher Close, High Street, NorwichNorwich£140,8128
NR12 9AEMarket Mews, Old Market RoadNorwich£141,8005
NR12 0TAAbbotts Way, Bush EstateNorwich£153,17912
NR12 9EGWeavers Close, StalhamNorwich£155,6258
NR12 0SYChurch Lane, Bush EstateNorwich£162,4005
NR12 8SXBridge Broad CloseNorwich£164,25014
NR12 7EJHavergateNorwich£164,50010

Explore NR12 (Norwich) using map

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