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House Prices in NR21 House Prices in NR21 (Fakenham)

The average house price in NR21 (Fakenham) is £311,977 using HM Land Registry data.

The average property price increased by £41,047 (28.58%) over the last 5 years and increased by £8,224 (4.24%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 42 transactions (-20.90%) relative to the previous year. The majority of house sales (58) were in the £228,000 - £306,000 range. Then came properties in the £150,000 - £228,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 210 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,115 (-3%).

In March 2025, there were 38 new estate agency instructions, 27 agreed home sales and 33 property price reductions.

Nearby Postcodes: IP25, NR10, NR11, NR19, NR20, NR22, NR23, NR24, NR25, NR26, NR9, PE30, PE31, PE32, PE33, PE35, PE36, PE37

5-Year Average Property Prices in NR21 (Fakenham)

28.58%

Property prices in NR21 (Fakenham) increased by 28.58% 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 NR21 (Fakenham) Over the Last Year

4.24%

Property prices in NR21 (Fakenham) increased by 4.24% 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 NR21 (Fakenham) - March 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 NR21 (Fakenham)

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 NR21 (Fakenham)

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 NR21 (Fakenham)

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 NR21 (Fakenham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR21 postcode area since 1995.

Recent Sales in NR21 (Fakenham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 The Lawn, Fakenham, Norfolk, NR21 8DT£375,000£375,000£024 Sep 202414 Feb 2025143 Days
2 Green Court, Fakenham, Norfolk, NR21 8PF£220,000£220,000£030 Aug 202427 Jan 2025150 Days
49 Greenway Lane, Fakenham, Norfolk, NR21 8ES£375,000£370,000-£5,00006 Jun 202427 Jan 2025235 Days
13 Bell Close, Little Snoring, Fakenham, Norfolk, NR21 0HX£280,000£265,000-£15,00007 Jun 202424 Jan 2025231 Days
43 Warham Road, Binham, Fakenham, Norfolk, NR21 0DQ£650,000£570,000-£80,00007 Jun 202407 Jan 2025214 Days
5 Dairy Farm Close, Fakenham, Norfolk, NR21 8AT£235,000£225,000-£10,00022 Aug 202406 Jan 2025137 Days
53 The Street, Kettlestone, Fakenham, Norfolk, NR21 0JB£240,000£238,000-£2,00014 Oct 202420 Dec 202467 Days
15 Rowan Way, Fakenham, Norfolk, NR21 8PW£375,000£370,000-£5,00009 Sep 202413 Dec 202495 Days
24 Rose Walk, Wicken Green Village, Fakenham, Norfolk, NR21 7QE£240,000£230,000-£10,00028 Jun 202412 Dec 2024167 Days
10 The Pastures, Little Snoring, Fakenham, Norfolk, NR21 0RY£575,000£575,000£024 Sep 202406 Dec 202473 Days
6 Raynham Road, Hempton, Fakenham, Norfolk, NR21 7LN£295,000£155,000-£140,00013 Mar 202022 Nov 20241715 Days
18 Meadow Rise, South Creake, Fakenham, Norfolk, NR21 9PU£160,000£153,500-£6,50024 Jun 202422 Nov 2024151 Days
3 Hall Staithe, Fakenham, Norfolk, NR21 9BW£200,000£200,000£031 Jul 202422 Nov 2024114 Days
12 Searle Close, Fakenham, Norfolk, NR21 8NA£290,000£285,000-£5,00003 Jun 202418 Nov 2024168 Days
13 Lancaster Close, Fakenham, Norfolk, NR21 8DW£260,000£255,000-£5,00001 Jul 202418 Nov 2024140 Days
13 Fayregreen, Fakenham, Norfolk, NR21 8HE£150,000£150,000£020 Jun 202408 Nov 2024141 Days
8 Great Eastern Way, Fakenham, Norfolk, NR21 8HD£200,000£200,000£008 Apr 202401 Nov 2024207 Days
Fig Barn, The Street, Hindringham, Fakenham, Norfolk, NR21 0AA£610,000£590,000-£20,00004 Sep 202430 Oct 202456 Days
25 Front Street, Binham, Fakenham, Norfolk, NR21 0AL£310,000£193,750-£116,25002 Apr 202129 Oct 20241306 Days
13 Victoria Lane, Fakenham, Norfolk, NR21 8LB£650,000£650,000£015 Apr 202425 Oct 2024193 Days

Most Expensive Streets in NR21 (Fakenham)

PostcodeStreetAreaAverageNo. of Sales
NR21 0DQWarham Road, BinhamFakenham£806,79511
NR21 0PTMoorgate Road, HindringhamFakenham£738,3754
NR21 9LYBluestone Road, South CreakeFakenham£697,6663
NR21 7ETHollow Lane, West RaynhamFakenham£659,2857
NR21 9NBGrove Farm Barns, Creake RoadFakenham£611,6663
NR21 0DDThe Green, BinhamFakenham£585,6663
NR21 0JJThursford Road, Little SnoringFakenham£581,0003
NR21 9LQWest Street, North CreakeFakenham£579,1898
NR21 0QSField Dalling Road, BaleFakenham£545,6254
NR21 8DFGreenway LaneFakenham£539,2873

Least Expensive Streets in NR21 (Fakenham)

PostcodeStreetAreaAverageNo. of Sales
NR21 9AZBridge StreetFakenham£114,3333
NR21 8EXWaterfield AvenueFakenham£116,0005
NR21 8HNNorwich RoadFakenham£116,8754
NR21 9AJNewmans CourtFakenham£121,1254
NR21 8EUWaterfield AvenueFakenham£122,1254
NR21 8HEFayregreenFakenham£137,21516
NR21 8EZWaterfield CloseFakenham£138,1077
NR21 8HDGreat Eastern WayFakenham£138,5628
NR21 8SUMeadow WalkFakenham£139,4105
NR21 8EDSummit House, Holt RoadFakenham£145,6254

Explore NR21 (Fakenham) using map

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