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Hethersett House Prices Hethersett House Prices

The average house price in Hethersett is £250,000 using HM Land Registry data.

The average property price increased by £41,100 (14.34%) over the last 5 years and increased by £8,214 (2.57%) over the last 12 months.

Over the last year, there were 91 residential property sales – a decrease of 71 transactions (-78.02%) relative to the previous year. The majority of house sales (23) were in the £238,000 - £286,000 range. Then came properties in the £286,000 - £334,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,336 (-3%).

In April 2024, there were 29 new estate agency instructions, 18 agreed home sales and 12 property price reductions.

Postcodes Covered: NR9

5-Year Average Property Prices in Hethersett

14.34%

Property prices in Hethersett increased by 14.34% 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 Hethersett Over the Last Year

2.57%

Property prices in Hethersett increased by 2.57% 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 Hethersett - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Hethersett

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 Hethersett

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 Hethersett

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 Hethersett since 1995

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

Recent Property Sales in Hethersett

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Buckingham Drive, Hethersett, Norwich, Norfolk, NR9 3HT£325,000£320,000-£5,00005 Sep 202321 Feb 2024169 Days
32 Harman Close, Hethersett, Norwich, Norfolk, NR9 3PR£380,000£355,000-£25,00014 Aug 202316 Feb 2024186 Days
Walstan, Lindley Road, Hethersett, Norwich, Norfolk, NR9 3FJ£350,000£340,000-£10,00027 Oct 202331 Jan 202496 Days
20 Priory Road, Hethersett, Norwich, Norfolk, NR9 3EX£225,000£195,725-£29,27504 Aug 201630 Nov 20232674 Days
16 Back Lane, Hethersett, Norwich, Norfolk, NR9 3JJ£450,000£440,000-£10,00015 May 202317 Nov 2023186 Days
10 Jaguar Road, Hethersett, Norwich, Norfolk, NR9 3QW£400,000£383,000-£17,00008 Jul 202310 Nov 2023125 Days
11 Back Lane, Hethersett, Norwich, Norfolk, NR9 3JJ£270,000£257,500-£12,50013 Mar 202306 Nov 2023238 Days
13 Longview, Hethersett, Norwich, Norfolk, NR9 3JN£375,000£375,000£0030 May 202327 Oct 2023150 Days
20 Lynch Green, Hethersett, Norwich, Norfolk, NR9 3JU£325,000£312,000-£13,00027 Jun 202319 Oct 2023114 Days
42 Admirals Way, Hethersett, Norwich, Norfolk, NR9 3AQ£350,000£345,000-£5,00021 Mar 202321 Sep 2023184 Days
32 St Davids Road, Hethersett, Norwich, Norfolk, NR9 3DH£435,000£433,500-£1,50013 Apr 202321 Sep 2023161 Days
42 Priory Road, Hethersett, Norwich, Norfolk, NR9 3EX£250,000£245,000-£5,00001 Mar 202321 Sep 2023204 Days
13 Firs Road, Hethersett, Norwich, Norfolk, NR9 3EH£260,000£260,000£0008 Mar 202315 Sep 2023191 Days
7 West Croft, Hethersett, Norwich, Norfolk, NR9 3EA£280,000£270,000-£10,00031 Jan 202315 Sep 2023227 Days
42 Lynch Green, Hethersett, Norwich, Norfolk, NR9 3JT£800,000£760,000-£40,00031 Mar 202315 Sep 2023168 Days
79 South Croft, Hethersett, Norwich, Norfolk, NR9 3ED£210,000£209,000-£1,00011 May 202315 Sep 2023127 Days
17 Kendal Close, Hethersett, Norwich, Norfolk, NR9 3PW£170,000£160,000-£10,00010 May 202308 Sep 2023121 Days
11 Kendal Close, Hethersett, Norwich, Norfolk, NR9 3PW£180,000£176,000-£4,00002 Jun 202307 Sep 202397 Days
61 Churchfields, Hethersett, Norwich, Norfolk, NR9 3PH£425,000£420,000-£5,00016 Nov 202229 Aug 2023286 Days
36 St Davids Road, Hethersett, Norwich, Norfolk, NR9 3DH£450,000£437,540-£12,46024 Mar 202318 Aug 2023147 Days

Most Expensive Streets in Hethersett

PostcodeStreetAreaAverageNo. of Sales
NR9 3JTLynch GreenHethersett£639,1878
NR9 3DGKaren CloseHethersett£508,6663
NR9 3HHNew RoadHethersett£468,6005
NR9 3DHSt Davids RoadHethersett£444,7829
NR9 3JGWhitegates CloseHethersett£443,3333
NR9 3AWHaconsfieldHethersett£434,8754
NR9 3DRMill RoadHethersett£395,4256
NR9 3DPMill RoadHethersett£390,3754
NR9 3NDThe MeadowsHethersett£388,5008
NR9 3PSSerotine AvenueHethersett£382,5004

Least Expensive Streets in Hethersett

PostcodeStreetAreaAverageNo. of Sales
NR9 3QGTroutbeckHethersett£163,4166
NR9 3JSDrake CloseHethersett£176,8333
NR9 3GFWeaver CrescentHethersett£183,4505
NR9 3NBRowan GardensHethersett£193,1258
NR9 3JWAnson CloseHethersett£195,0717
NR9 3PWKendal CloseHethersett£201,5008
NR9 3PTHughes CourtHethersett£202,3336
NR9 3JFKetts CloseHethersett£211,8927
NR9 3EXPriory RoadHethersett£225,0288
NR9 3FQNoctule GroveHethersett£228,5007

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