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Heacham House Prices Heacham House Prices

The average house price in Heacham is £215,083 using HM Land Registry data.

The average property price increased by £73,791 (26.82%) over the last 5 years and increased by £14,747 (4.41%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 12 transactions (-18.75%) relative to the previous year. The majority of house sales (16) were in the £216,000 - £262,000 range. Then came properties in the £262,000 - £308,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 139 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,738 (-3%).

In April 2024, there were 9 new estate agency instructions, 5 agreed home sales and 9 property price reductions.

Neighbouring Areas: Hunstanton

Postcodes Covered: PE31

5-Year Average Property Prices in Heacham

26.82%

Property prices in Heacham increased by 26.82% 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 Heacham Over the Last Year

4.41%

Property prices in Heacham increased by 4.41% 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 Heacham - 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 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 Heacham

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 Heacham

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 Heacham

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 Heacham since 1995

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

Recent Property Sales in Heacham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Jubilee Road, Heacham, King's Lynn, Norfolk, PE31 7AS£310,000£305,000-£5,00021 Apr 202311 Aug 2023112 Days
2 Kenwood Road South, Heacham, King's Lynn, Norfolk, PE31 7SL£325,000£310,000-£15,00015 Feb 202327 Jul 2023162 Days
14 Wilton Road, Heacham, King's Lynn, Norfolk, PE31 7AD£465,000£435,000-£30,00013 Feb 202314 Jul 2023151 Days
12 Neville Road, Heacham, King's Lynn, Norfolk, PE31 7HB£285,000£240,000-£45,00019 Oct 202210 Jul 2023264 Days
45 High Street, Heacham, King's Lynn, Norfolk, PE31 7DB£385,000£375,000-£10,00005 Apr 202307 Jul 202393 Days
87 College Drive, Heacham, King's Lynn, Norfolk, PE31 7BY£260,000£257,000-£3,00023 Mar 202307 Jul 2023106 Days
Flat 10, Leaside Court, Leaside, Heacham, King's Lynn, Norfolk, PE31 7SY£120,000£120,000£0029 Mar 202323 Jun 202386 Days
12 South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW£250,000£240,000-£10,00028 Oct 202211 May 2023195 Days
23 Marram Way, Heacham, King's Lynn, Norfolk, PE31 7AN£299,950£299,950£0008 Nov 202212 Apr 2023155 Days
54b, Station Road, Heacham, King's Lynn, Norfolk, PE31 7AP£395,000£387,500-£7,50014 Oct 202227 Jan 2023105 Days
22 Collingwood Close, Heacham, King's Lynn, Norfolk, PE31 7LD£275,000£270,000-£5,00022 Sep 202223 Jan 2023123 Days
5 Veltshaw Close, Heacham, King's Lynn, Norfolk, PE31 7JH£299,995£299,995£0021 Oct 202220 Jan 202391 Days
27 Cameron Close, Heacham, King's Lynn, Norfolk, PE31 7LF£245,000£230,000-£15,00016 Aug 202216 Jan 2023153 Days
6 Rolfe Crescent, Heacham, King's Lynn, Norfolk, PE31 7SF£269,995£265,000-£4,99522 Jul 202215 Dec 2022146 Days
3 Stainsby Close, Heacham, King's Lynn, Norfolk, PE31 7BP£300,000£300,000£0011 Aug 202215 Dec 2022126 Days
10 South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW£350,000£350,000£0006 Sep 202207 Dec 202292 Days
3 Freda England Close, Heacham, King's Lynn, Norfolk, PE31 7FE£150,000£145,000-£5,00005 Apr 202202 Dec 2022241 Days
4 Jubilee Road, Heacham, King's Lynn, Norfolk, PE31 7AS£300,000£300,000£0021 Jan 202230 Nov 2022313 Days
17 Lynn Road, Heacham, King's Lynn, Norfolk, PE31 7HU£450,000£440,000-£10,00005 Aug 202218 Nov 2022105 Days
37 Church Lane, Heacham, King's Lynn, Norfolk, PE31 7HN£320,000£290,000-£30,00013 May 202218 Nov 2022189 Days

Most Expensive Streets in Heacham

PostcodeStreetAreaAverageNo. of Sales
PE31 7HZRingstead RoadHeacham£2,200,0001
PE31 7AZLodge RoadHeacham£1,122,9302
PE31 7EGMalthouse CrescentHeacham£890,0001
PE31 7HLSt Marys CloseHeacham£782,25911
PE31 7DQSchool RoadHeacham£700,0001
PE31 7EDStaithe RoadHeacham£574,0002
PE31 7AWStation RoadHeacham£567,5002
PE31 7DHSchool RoadHeacham£540,0001
PE31 7ABStation RoadHeacham£500,0001
PE31 7EQCheney HillHeacham£480,0001

Least Expensive Streets in Heacham

PostcodeStreetAreaAverageNo. of Sales
PE31 7SYLeaside CourtLeaside£105,3005
PE31 7FEFreda England CloseHeacham£117,6663
PE31 7HGStation RoadHeacham£150,0001
PE31 7SZLodge RoadHeacham£152,2507
PE31 7HPHigh HousesHeacham£154,0001
PE31 7HXVictoria CottagesHeacham£155,0003
PE31 7SUJennings CloseHeacham£156,3336
PE31 7AXSea CloseHeacham£160,0001
PE31 7EAPoplar AvenueHeacham£164,2502
PE31 7ETPound LaneHeacham£173,7502

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