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House Prices in NR20

The average house price in NR20 (Dereham) is £337,425 using HM Land Registry data.

The average property price increased by £3,612 (0.32%) over the last 5 years and increased by £722 (0.06%) over the last 12 months.

Over the last year, there were 317 residential property sales – a decrease of 14 transactions (-4.42%) relative to the previous year. The majority of house sales (96) were in the £190,000 - £286,000 range. Then came properties in the £286,000 - £382,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,320 (-3%).

In Nov 2025, there were 29 new estate agency instructions, 29 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in NR20 (Dereham)

0.32%

Property prices in NR20 (Dereham) increased by 0.32% 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

0.06%

Property prices in NR20 (Dereham) increased by 0.06% 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 NR20 (Dereham) - Nov 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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Elm Street, Dereham, NR20 3FN	£230,000	£222,000	-£8,000	21 Jul 2025	28 Nov 2025	130 Days
Kimblewick, Church Lane, Dereham, NR20 3LN	£350,000	£350,000	£0	04 Aug 2025	26 Nov 2025	114 Days
Walnut Tree House, Mill Road, Dereham, NR20 3RH	£700,000	£700,000	£0	10 Feb 2025	24 Nov 2025	287 Days
12 Gogle Close, Dereham, NR20 3SY	£325,000	£325,000	£0	18 Jul 2025	21 Nov 2025	126 Days
38 Greenfields Road, Dereham, NR20 3TE	£425,000	£425,000	£0	24 Sep 2025	20 Nov 2025	57 Days
12 Hornbeam Drive, Dereham, NR20 3FQ	£195,000	£190,000	-£5,000	04 Apr 2025	20 Nov 2025	230 Days
12 Moffett Road, Dereham, NR20 4FQ	£625,000	£599,000	-£26,000	02 Jul 2025	19 Nov 2025	140 Days
3 Robert Key Drive, Dereham, NR20 3RW	£270,000	£267,500	-£2,500	11 Apr 2025	05 Nov 2025	208 Days
82 Norwich Road, Dereham, NR20 3AR	£260,000	£260,000	£0	17 Dec 2024	30 Oct 2025	317 Days
11 Rustom, Heath Road, Dereham, NR20 3HX	£280,000	£280,000	£0	28 Mar 2025	30 Oct 2025	216 Days
42 Ashley Road, Dereham, NR20 4BS	£400,000	£387,500	-£12,500	15 Mar 2025	29 Oct 2025	228 Days
7 Orchard Close, Dereham, NR20 5HG	£275,000	£270,000	-£5,000	28 Apr 2025	29 Oct 2025	184 Days
24 Bilney Road, Dereham, NR20 4EG	£550,000	£550,000	£0	05 Apr 2025	28 Oct 2025	206 Days
5 Cullum Close, Swanton Morley, NR20 4LZ	£300,000	£280,000	-£20,000	30 May 2025	24 Oct 2025	147 Days
35 Mill Street, Dereham, NR20 3QQ	£350,000	£340,000	-£10,000	02 May 2025	24 Oct 2025	175 Days
5 Beehive Way, Dereham, NR20 4WH	£270,000	£270,000	£0	28 Feb 2025	20 Oct 2025	234 Days
57a, The Street, Dereham, NR20 5DA	£365,000	£351,000	-£14,000	14 Apr 2025	15 Oct 2025	184 Days
Willow Lodge, Willow Close, Mattishall, NR20 3PQ	£550,000	£515,000	-£35,000	24 Jun 2025	10 Oct 2025	108 Days
24 Skeps Cottage, High Street, Dereham, NR20 5RT	£325,000	£325,000	£0	25 Feb 2025	03 Oct 2025	220 Days
23 Wheatcroft Way, Dereham, NR20 3SS	£350,000	£340,000	-£10,000	03 Feb 2025	02 Oct 2025	241 Days

Most Expensive Streets in NR20 (Dereham)

Postcode	Street	Area	Average	No. of Sales
NR20 3GX	Windfields	Dereham	£1,022,500	4
NR20 3PD	Dereham Road	Dereham	£742,500	4
NR20 5DD	The Street	Dereham	£733,750	6
NR20 5AA	Church Street	Dereham	£706,666	3
NR20 5FD	Kingfisher Close, Guist	Dereham	£695,000	4
NR20 3JN	Albatross Road	Dereham	£694,375	8
NR20 3AL	Norwich Road	Dereham	£684,375	4
NR20 5LG	Boars Hill	Dereham	£645,978	23
NR20 5BA	Rectory Road	Dereham	£634,375	4
NR20 3PL	Welgate	Dereham	£620,000	3

Least Expensive Streets in NR20 (Dereham)

Postcode	Street	Area	Average	No. of Sales
NR20 3FD	Pavilion Way	Dereham	£107,375	4
NR20 3FG	Old School Green	Dereham	£143,708	3
NR20 3SJ	Stammers Yard	Dereham	£159,666	3
NR20 3NQ	Rayners Way	Dereham	£162,687	8
NR20 5AB	Eastgate Street	Dereham	£179,333	3
NR20 4PE	Thompson Close	Dereham	£183,333	3
NR20 4LG	North Avenue, Swanton Morley	Dereham	£184,090	11
NR20 3HU	Manor Close	Dereham	£186,812	4
NR20 3DG	Low Road Cottages, Low Road	Dereham	£188,333	3
NR20 5SA	Bexfield Close	Dereham	£189,166	3