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Cringleford House Prices Cringleford House Prices

The average house price in Cringleford is £370,000 using HM Land Registry data.

The average property price increased by £60,345 (16.75%) over the last 5 years and increased by £12,060 (2.95%) over the last 12 months.

Over the last year, there were 38 residential property sales – a decrease of 57 transactions (-150.00%) relative to the previous year. The majority of house sales (13) were in the £322,000 - £408,000 range. Then came properties in the £236,000 - £322,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 35 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,000 (-1%).

In April 2024, there were 10 new estate agency instructions, 7 agreed home sales and 12 property price reductions.

Neighbouring Areas: Norwich

Postcodes Covered: NR4

5-Year Average Property Prices in Cringleford

16.75%

Property prices in Cringleford increased by 16.75% 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 Cringleford Over the Last Year

2.95%

Property prices in Cringleford increased by 2.95% 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 Cringleford - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Cringleford

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 Cringleford

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 Cringleford

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 Cringleford since 1995

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

Recent Property Sales in Cringleford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Newmarket Road, Cringleford, Norwich, Norfolk, NR4 6UE£475,000£385,000-£90,00029 Mar 202205 Mar 2024707 Days
66 Brettingham Avenue, Norwich, Norfolk, NR4 6XJ£475,000£465,000-£10,00002 Aug 202321 Nov 2023111 Days
3 Harmer Crescent, Norwich, Norfolk, NR4 7RX£400,000£390,000-£10,00012 Jul 202327 Oct 2023107 Days
7 Peregrine Mews, Cringleford, Norwich, Norfolk, NR4 7NB£300,000£300,000£0012 Jun 202327 Sep 2023107 Days
21 Newfound Drive, Norwich, Norfolk, NR4 7RY£650,000£575,000-£75,00027 Apr 202318 Aug 2023113 Days
21a, Cantley Lane, Norwich, Norfolk, NR4 6TA£650,000£625,000-£25,00004 Apr 202316 Aug 2023134 Days
29 Peregrine Mews, Cringleford, Norwich, Norfolk, NR4 7NB£575,000£535,000-£40,00007 Feb 202320 Jun 2023133 Days
1 Langley Close, Norwich, Norfolk, NR4 6XW£500,000£495,000-£5,00015 Sep 202214 Feb 2023152 Days
8 Patteson Close, Norwich, Norfolk, NR4 6XX£520,000£515,000-£5,00017 Oct 202201 Feb 2023107 Days
10 Patteson Close, Norwich, Norfolk, NR4 6XX£600,000£580,000-£20,00001 Sep 202208 Nov 202268 Days
59 Keswick Road, Cringleford, Norwich, Norfolk, NR4 6UQ£800,000£795,000-£5,00008 Jun 202229 Sep 2022113 Days
56 Newmarket Road, Cringleford, Norwich, Norfolk, NR4 6UF£525,000£522,500-£2,50001 Mar 202223 Aug 2022175 Days
16 Taylor Avenue, Norwich, Norfolk, NR4 6XY£475,000£467,500-£7,50023 Dec 202121 Apr 2022119 Days
10 The Ridings, Cringleford, Norwich, Norfolk, NR4 6UJ£375,000£375,000£0026 Jan 202206 Apr 202270 Days
2 Kedleston Drive, Norwich, Norfolk, NR4 6XN£375,000£375,000£0011 Aug 202120 Dec 2021131 Days
2 Oakfields Road, Norwich, Norfolk, NR4 6XE£450,000£440,000-£10,00029 May 202110 Dec 2021195 Days
9 Armitage Close, Norwich, Norfolk, NR4 6XZ£500,000£492,500-£7,50007 Jun 202117 Sep 2021102 Days
10 Tungate Crescent, Norwich, Norfolk, NR4 6UZ£450,000£435,000-£15,00030 Apr 202107 Sep 2021130 Days
80 Newmarket Road, Cringleford, Norwich, Norfolk, NR4 6UF£500,000£500,000£0022 Jul 202103 Sep 202143 Days
3 St Lawrence Drive, Norwich, Norfolk, NR4 7RZ£900,000£877,000-£23,00029 Apr 202127 Aug 2021120 Days

Most Expensive Streets in Cringleford

PostcodeStreetAreaAverageNo. of Sales
NR4 7RGColney LaneCringleford£891,6663
NR4 6TACantley LaneNorwich£613,9287
NR4 6AAIntwood RoadCringleford£595,2504
NR4 6UQKeswick RoadCringleford£590,8336
NR4 6UENewmarket RoadCringleford£583,7504
NR4 7RFColney LaneCringleford£576,8754
NR4 6FNHonywood PlaceCringleford£564,0005
NR4 7WTChervil CloseCringleford£547,7504
NR4 7JTFern DriveCringleford£523,3333
NR4 6XJBrettingham AvenueNorwich£522,3333

Least Expensive Streets in Cringleford

PostcodeStreetAreaAverageNo. of Sales
NR4 7JPCatkin CloseCringleford£164,5004
NR4 7LUOriole DriveCringleford£224,5836
NR4 6FJCalthorpe DriveCringleford£226,66612
NR4 7LSWoodpecker LaneCringleford£239,5004
NR4 7STVerbena RoadCringleford£270,0004
NR4 7LJBrambling LaneCringleford£275,8438
NR4 6FTTesmond PlaceCringleford£276,2505
NR4 7SPDragonfly LaneCringleford£276,5004
NR4 7SZRose DriveCringleford£279,47211
NR4 7JGWillowcroft WayCringleford£282,0003

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