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Bradwell House Prices Bradwell House Prices

The average house price in Bradwell is £280,400 using HM Land Registry data.

The average property price increased by £96,353 (48.07%) over the last 5 years and increased by £19,257 (6.94%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 61 transactions (-82.43%) relative to the previous year. The majority of house sales (16) were in the £200,000 - £234,000 range. Then came properties in the £268,000 - £302,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,119 (-2%).

In April 2024, there were 29 new estate agency instructions, 27 agreed home sales and 25 property price reductions.

Neighbouring Areas: Great Yarmouth, Gorleston-on-Sea

Postcodes Covered: NR31

5-Year Average Property Prices in Bradwell

48.07%

Property prices in Bradwell increased by 48.07% 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 Bradwell Over the Last Year

6.94%

Property prices in Bradwell increased by 6.94% 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 Bradwell - April 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 Bradwell

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 Bradwell

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 Bradwell

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 Bradwell since 1995

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

Recent Property Sales in Bradwell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Bellamy Drive, Bradwell, Great Yarmouth, Norfolk, NR31 9GL£250,000£250,000£0001 Dec 202329 Feb 202490 Days
15 Maple Gardens, Bradwell, Great Yarmouth, Norfolk, NR31 8ND£220,000£220,000£0008 Nov 202313 Feb 202497 Days
8 Mill Lane, Bradwell, Great Yarmouth, Norfolk, NR31 8HL£225,000£220,000-£5,00018 Aug 202302 Feb 2024168 Days
208 Beccles Road, Bradwell, Great Yarmouth, Norfolk, NR31 8QD£375,000£367,000-£8,00030 Mar 202305 Dec 2023250 Days
20 Lucerne Road, Bradwell, Great Yarmouth, Norfolk, NR31 8SW£190,000£180,000-£10,00020 Jul 202304 Dec 2023137 Days
145 Mill Lane, Bradwell, Great Yarmouth, Norfolk, NR31 8HS£360,000£350,000-£10,00009 Jun 202301 Dec 2023175 Days
10 Parkland Drive, Bradwell, Great Yarmouth, Norfolk, NR31 8DS£215,000£215,000£0016 May 202301 Dec 2023199 Days
11 Robin Close, Bradwell, Great Yarmouth, Norfolk, NR31 8JL£190,000£180,000-£10,00015 Aug 202330 Nov 2023107 Days
2 Clay Lane, Bradwell, Great Yarmouth, Norfolk, NR31 9DH£499,000£495,000-£4,00029 Jul 202327 Nov 2023121 Days
41 Mallard Way, Bradwell, Great Yarmouth, Norfolk, NR31 8JY£290,000£290,000£0008 Aug 202321 Nov 2023105 Days
39 Yew Tree Close, Bradwell, Great Yarmouth, Norfolk, NR31 8NZ£300,000£300,000£0014 Jul 202317 Nov 2023126 Days
26 Chestnut Avenue, Bradwell, Great Yarmouth, Norfolk, NR31 8PN£260,000£260,000£0020 Jul 202302 Nov 2023105 Days
9 Fellowes Drive, Bradwell, Great Yarmouth, Norfolk, NR31 8QR£230,000£200,000-£30,00011 Jul 202320 Oct 2023101 Days
28 Briar Avenue, Bradwell, Great Yarmouth, Norfolk, NR31 8NJ£270,000£255,000-£15,00013 Jun 202317 Oct 2023126 Days
18 Laburnum Close, Bradwell, Great Yarmouth, Norfolk, NR31 8JB£270,000£270,000£0024 Apr 202313 Oct 2023172 Days
151 El Alamein Way, Bradwell, Great Yarmouth, Norfolk, NR31 8SX£240,000£238,000-£2,00006 Mar 202313 Oct 2023221 Days
28 Sparrow Close, Bradwell, Great Yarmouth, Norfolk, NR31 8SG£240,000£231,000-£9,00023 Jun 202329 Sep 202398 Days
21 Falkland Way, Bradwell, Great Yarmouth, Norfolk, NR31 8RW£250,000£247,000-£3,00021 Feb 202325 Sep 2023216 Days
143 Mill Lane, Bradwell, Great Yarmouth, Norfolk, NR31 8HS£325,000£255,000-£70,00013 Jul 202315 Sep 202364 Days
104 El Alamein Way, Bradwell, Great Yarmouth, Norfolk, NR31 8SY£210,000£205,000-£5,00006 Jun 202315 Sep 2023101 Days

Most Expensive Streets in Bradwell

PostcodeStreetAreaAverageNo. of Sales
NR31 8QWChurch LaneBradwell£486,6663
NR31 8HGBusseys LokeBradwell£395,3005
NR31 9GWBlake DriveBradwell£389,7857
NR31 9RECotman DriveBradwell£377,0005
NR31 9RFTurner CloseBradwell£376,2504
NR31 8QEGreen LaneBradwell£354,3754
NR31 8PEThe BuntingsBradwell£340,9005
NR31 8PWLong LaneBradwell£330,7506
NR31 8NPDorothy AvenueBradwell£318,3333
NR31 8PYSun LaneBradwell£313,6666

Least Expensive Streets in Bradwell

PostcodeStreetAreaAverageNo. of Sales
NR31 8RPLeach CloseBradwell£129,5004
NR31 9RAConstable DriveBradwell£164,50013
NR31 7DSGablehurst CourtGorleston£173,0003
NR31 8RUBlackbird CloseBradwell£174,1666
NR31 8RJStyles CloseBradwell£178,3128
NR31 8SNGermander CourtBradwell£179,3333
NR31 8HHMill LaneBradwell£184,3333
NR31 8JLRobin CloseBradwell£188,3333
NR31 9UAHunter DriveBradwell£188,6663
NR31 8HUJasmine GardensBradwell£189,5004

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