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Long Stratton House Prices Long Stratton House Prices

The average house price in Long Stratton is £187,000 using HM Land Registry data.

The average property price increased by £48,944 (21.76%) over the last 5 years and increased by £9,782 (3.7%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 29 transactions (-45.31%) relative to the previous year. The majority of house sales (18) were in the £202,000 - £234,000 range. Then came properties in the £298,000 - £330,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 34 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,647 (-1%).

In April 2024, there were 17 new estate agency instructions, 5 agreed home sales and 4 property price reductions.

Postcodes Covered: NR15

5-Year Average Property Prices in Long Stratton

21.76%

Property prices in Long Stratton increased by 21.76% 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 Long Stratton Over the Last Year

3.7%

Property prices in Long Stratton increased by 3.7% 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 Long Stratton - 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 Long Stratton

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 Long Stratton

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 Long Stratton

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 Long Stratton since 1995

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

Recent Property Sales in Long Stratton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
59 Suffield Close, Long Stratton, Norwich, Norfolk, NR15 2JL£190,000£186,500-£3,50006 Dec 202329 Feb 202485 Days
23 Field Acre Way, Long Stratton, Norwich, Norfolk, NR15 2WE£280,000£277,000-£3,00010 Oct 202316 Feb 2024129 Days
2 Swan Lane, Long Stratton, Norwich, Norfolk, NR15 2XN£240,000£225,000-£15,00026 Jan 202228 Nov 2023671 Days
19 Jermyn Way, Tharston, Norwich, Norfolk, NR15 2ZA£400,000£390,000-£10,00015 Aug 202323 Oct 202369 Days
38 Churchfields Road, Long Stratton, Norwich, Norfolk, NR15 2WH£250,000£240,000-£10,00003 May 202317 Oct 2023167 Days
18 John Hill Close, Long Stratton, Norwich, Norfolk, NR15 2PT£280,000£280,000£0002 May 202325 Sep 2023146 Days
29 Manor Park Gardens, Long Stratton, Norwich, Norfolk, NR15 2TR£325,000£312,000-£13,00012 Apr 202325 Sep 2023166 Days
17 Jermyn Way, Tharston, Norwich, Norfolk, NR15 2ZA£450,000£450,000£0005 May 202301 Sep 2023119 Days
12 Manor Park Gardens, Long Stratton, Norwich, Norfolk, NR15 2TR£250,000£227,000-£23,00011 Jan 202325 Aug 2023226 Days
18 Poplar Close, Long Stratton, Norwich, Norfolk, NR15 2WX£220,000£220,000£0010 May 202311 Aug 202393 Days
24 Suffield Close, Long Stratton, Norwich, Norfolk, NR15 2JL£210,000£210,000£0020 Feb 202301 Aug 2023162 Days
15 St Nicholas Close, Long Stratton, Norwich, Norfolk, NR15 2JQ£190,000£189,000-£1,00003 Mar 202314 Jul 2023133 Days
30 Suffield Close, Long Stratton, Norwich, Norfolk, NR15 2JL£112,500£112,500£0017 Feb 202310 Jul 2023143 Days
2 St Andrews Close, Long Stratton, Norwich, Norfolk, NR15 2PN£215,000£215,000£0003 Apr 202330 Jun 202388 Days
7 Swan Lane, Long Stratton, Norwich, Norfolk, NR15 2XN£325,000£322,500-£2,50001 Feb 202315 Jun 2023134 Days
43 Field Acre Way, Long Stratton, Norwich, Norfolk, NR15 2WE£160,000£160,000£0009 May 202209 Jun 2023396 Days
10 Lime Tree Avenue, Long Stratton, Norwich, Norfolk, NR15 2TL£260,000£255,000-£5,00008 Mar 202331 May 202384 Days
31 Rectory Close, Long Stratton, Norwich, Norfolk, NR15 2TU£220,000£218,000-£2,00007 Feb 202318 May 2023100 Days
8 Edges Lane, Long Stratton, Norwich, Norfolk, NR15 2WD£360,000£355,000-£5,00003 Nov 202228 Apr 2023176 Days
40 Porter Road, Long Stratton, Norwich, Norfolk, NR15 2TY£300,000£295,000-£5,00019 Aug 202231 Jan 2023165 Days

Most Expensive Streets in Long Stratton

PostcodeStreetAreaAverageNo. of Sales
NR15 2XHStar LaneLong Stratton£422,8754
NR15 2YAChequers RoadTharston£375,8333
NR15 2ZEUpgateLong Stratton£347,7504
NR15 2ZSBee Orchid WayTharston£321,29017
NR15 2WPGreenfield WayLong Stratton£319,8336
NR15 2TAIpswich RoadLong Stratton£315,0004
NR15 2ZAJermyn WayTharston£313,73619
NR15 2WQSpringfield ChaseLong Stratton£313,3754
NR15 2TQIce House CourtLong Stratton£298,3333
NR15 2PGNorwich RoadLong Stratton£297,7779

Least Expensive Streets in Long Stratton

PostcodeStreetAreaAverageNo. of Sales
NR15 2WRPetersfield CloseLong Stratton£164,7504
NR15 2PPSt Davids CloseLong Stratton£168,4449
NR15 2SYSt LegerLong Stratton£175,0007
NR15 2JQSt Nicholas CloseLong Stratton£186,0005
NR15 2JLSuffield CloseLong Stratton£187,10010
NR15 2SXSpinney CloseLong Stratton£192,0836
NR15 2PJSt Michaels RoadLong Stratton£192,55517
NR15 2WXPoplar CloseLong Stratton£196,6663
NR15 2PNSt Andrews CloseLong Stratton£198,3333
NR15 2PTJohn Hill CloseLong Stratton£206,3754

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