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House Prices in NR7 House Prices in NR7 (Norwich)

The average house price in NR7 (Norwich) is £325,283 using HM Land Registry data.

The average property price increased by £38,187 (20.3%) over the last 5 years and increased by £7,632 (3.19%) over the last 12 months.

Over the last year, there were 392 residential property sales – a decrease of 104 transactions (-26.53%) relative to the previous year. The majority of house sales (95) were in the £224,000 - £268,000 range. Then came properties in the £268,000 - £312,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,268 (-2%).

In May 2025, there were 91 new estate agency instructions, 70 agreed home sales and 61 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) - May 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 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 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
15 Greenborough Road, Norwich, Norfolk, NR7 9HQ£360,000£360,000£022 Oct 202424 Feb 2025125 Days
101 Cromwell Road, Norwich, Norfolk, NR7 8XJ£250,000£240,000-£10,00012 Nov 202419 Feb 202599 Days
18 Church View Close, Norwich, Norfolk, NR7 8QA£250,000£242,000-£8,00011 Nov 202414 Feb 202595 Days
24a, Thorpe Avenue, Norwich, Norfolk, NR7 0XA£280,000£275,000-£5,00002 Oct 202414 Feb 2025135 Days
141 Thunder Lane, Norwich, Norfolk, NR7 0JG£325,000£316,720-£8,28019 Aug 202403 Feb 2025168 Days
62 Vane Close, Thorpe St Andrew, Norwich, Norfolk, NR7 0US£250,000£240,000-£10,00021 Aug 202403 Feb 2025166 Days
7 Russell Avenue, Sprowston, Norwich, Norfolk, NR7 8XD£325,000£325,000£007 Oct 202431 Jan 2025116 Days
12 Woodcroft Close, Norwich, Norfolk, NR7 9HS£280,000£275,000-£5,00027 Jul 202431 Jan 2025188 Days
7 Frost Close, Norwich, Norfolk, NR7 0NJ£200,000£200,000£004 Sep 202428 Jan 2025146 Days
29 Blenheim Road, Norwich, Norfolk, NR7 8AJ£400,000£375,000-£25,00029 Oct 202424 Jan 202587 Days
89 Charles Avenue, Norwich, Norfolk, NR7 0PF£250,000£247,500-£2,50002 Oct 202424 Jan 2025114 Days
7 Dussindale Drive, Norwich, Norfolk, NR7 0TZ£650,000£630,000-£20,00013 Aug 202420 Jan 2025160 Days
16 Varvel Avenue, Norwich, Norfolk, NR7 8JH£270,000£270,000£007 Oct 202420 Jan 2025105 Days
9 Cecil Gowing Court, Norwich, Norfolk, NR7 8NA£80,000£80,000£017 Sep 202406 Jan 2025111 Days
24 Wilks Farm Drive, Sprowston, Norwich, Norfolk, NR7 8RG£230,000£230,000£011 Sep 202403 Jan 2025114 Days
20 Allens Lane, Sprowston, Norwich, Norfolk, NR7 8EL£310,000£305,000-£5,00028 Aug 202403 Jan 2025128 Days
48 Armstrong Road, Norwich, Norfolk, NR7 9LJ£475,000£470,000-£5,00014 Aug 202423 Dec 2024131 Days
53 St Margarets Drive, Norwich, Norfolk, NR7 8DB£280,000£275,000-£5,00010 Jul 202420 Dec 2024163 Days
2 South Hill Close, Norwich, Norfolk, NR7 0NQ£315,000£307,500-£7,50013 Sep 202419 Dec 202497 Days
8 Minion Close, Norwich, Norfolk, NR7 0TX£495,000£490,000-£5,00005 Jul 202417 Dec 2024165 Days

Most Expensive Streets in NR7 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR7 0EYSouth AvenueNorwich£680,7823
NR7 0HBStanmore RoadNorwich£671,6126
NR7 0PXThunder LaneNorwich£658,7504
NR7 0EQYarmouth RoadNorwich£587,1663
NR7 0TRRainsborough RiseNorwich£562,3333
NR7 8ERRosemary RoadNorwich£540,7147
NR7 0GGThe Old Chapel, Saint Andrews ParkNorwich£527,0254
NR7 0RJSaint Andrews CloseNorwich£515,0003
NR7 8FEEverett CloseNorwich£507,5004
NR7 0DQHarvey CloseNorwich£487,0003

Least Expensive Streets in NR7 (Norwich)

PostcodeStreetAreaAverageNo. of Sales
NR7 9LSLaurel Court, Armstrong RoadNorwich£108,15223
NR7 8NACecil Gowing CourtNorwich£117,3124
NR7 9XNHolmes CloseNorwich£137,5004
NR7 8JBPine Court, Plantation DriveNorwich£151,3339
NR7 9NJBodmin Court, Plumstead Road EastNorwich£151,4287
NR7 8SZCoachmans CourtNorwich£152,8128
NR7 9UWPaine RoadNorwich£158,0004
NR7 9QPBarclay RoadNorwich£158,2504
NR7 8GTCordwainer CloseNorwich£159,14717
NR7 0QFYarmouth RoadNorwich£161,1663

Explore NR7 (Norwich) using map

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