North Walsham House Prices North Walsham House Prices

The average house price in North Walsham is £230,041 using HM Land Registry data.

The average property price increased by £72,938 (34.65%) over the last 5 years and increased by £14,577 (5.42%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 12 transactions (-6.82%) relative to the previous year. The majority of house sales (47) were in the £196,000 - £242,000 range. Then came properties in the £242,000 - £288,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,127 (-2%).

In April 2024, there were 41 new estate agency instructions, 25 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in North Walsham

34.65%

Property prices in North Walsham increased by 34.65% 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 North Walsham Over the Last Year

5.42%

Property prices in North Walsham increased by 5.42% 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 North Walsham - 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 North Walsham

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 North Walsham

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 North Walsham

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 North Walsham since 1995

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

Recent Property Sales in North Walsham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 St Benets Avenue, North Walsham, Norfolk, NR28 9HT£650,000£635,000-£15,00004 Oct 202308 Mar 2024156 Days
14 Bradfield Road, North Walsham, Norfolk, NR28 0HG£180,000£160,000-£20,00006 Jul 202316 Feb 2024225 Days
14a, Cromer Road, North Walsham, Norfolk, NR28 0HD£130,000£110,000-£20,00018 Oct 202315 Feb 2024120 Days
27 Waterfield Meadows, North Walsham, Norfolk, NR28 9LD£149,950£149,950£0021 Sep 202313 Feb 2024145 Days
30 Skeyton New Road, North Walsham, Norfolk, NR28 0BU£275,000£275,000£0004 Aug 202309 Feb 2024189 Days
8 Simpson Close, North Walsham, Norfolk, NR28 0HZ£310,000£305,000-£5,00026 Sep 202302 Feb 2024129 Days
1 Burton Close, North Walsham, Norfolk, NR28 0EX£235,000£227,000-£8,00018 Sep 202302 Feb 2024137 Days
36 Burton Avenue, North Walsham, Norfolk, NR28 0EP£325,000£325,000£0015 Jun 202330 Jan 2024229 Days
30 Cherry Tree Lane, North Walsham, Norfolk, NR28 0HR£325,000£315,000-£10,00004 Oct 202326 Jan 2024114 Days
23 Chestnut Avenue, North Walsham, Norfolk, NR28 9XH£300,000£289,500-£10,50002 Oct 202324 Jan 2024114 Days
32 Happisburgh Road, North Walsham, Norfolk, NR28 9HD£600,000£590,000-£10,00008 Sep 202318 Jan 2024132 Days
13 Alder Close, North Walsham, Norfolk, NR28 0UT£220,000£220,000£0014 Aug 202305 Jan 2024144 Days
30 Arnold Pitcher Close, North Walsham, Norfolk, NR28 0FG£220,000£220,000£0030 Jun 202305 Jan 2024189 Days
1 Field View, North Walsham, Norfolk, NR28 0EU£200,000£200,000£0018 Oct 202304 Jan 202478 Days
31 Burton Avenue, North Walsham, Norfolk, NR28 0EP£230,000£225,000-£5,00029 Jun 202321 Dec 2023175 Days
71 Cromer Road, North Walsham, Norfolk, NR28 0HB£230,000£210,000-£20,00003 Aug 202315 Dec 2023134 Days
35 Waterfield Meadows, North Walsham, Norfolk, NR28 9LD£160,000£150,000-£10,00005 May 202314 Dec 2023223 Days
2 St Benets Avenue, North Walsham, Norfolk, NR28 9HT£600,000£590,000-£10,00008 Sep 202308 Dec 202391 Days
2 Sendall Road, North Walsham, Norfolk, NR28 0WD£325,000£322,500-£2,50019 Jun 202301 Dec 2023165 Days
40 Hamilton Close, North Walsham, Norfolk, NR28 0AQ£230,000£224,500-£5,50021 Aug 202330 Nov 2023101 Days

Most Expensive Streets in North Walsham

PostcodeStreetAreaAverageNo. of Sales
NR28 9HTSt Benets AvenueNorth Walsham£534,0005
NR28 9HDHappisburgh RoadNorth Walsham£457,1427
NR28 0RABacton RoadNorth Walsham£425,0003
NR28 9AQRandell CloseNorth Walsham£404,5004
NR28 9YBPlumbly CloseNorth Walsham£392,3333
NR28 9HBHappisburgh RoadNorth Walsham£377,81811
NR28 9UZManor CourtNorth Walsham£372,6005
NR28 9AYFarman AvenueNorth Walsham£366,6663
NR28 0EZMaybankNorth Walsham£362,3333
NR28 9DSBacton RoadNorth Walsham£352,7504

Least Expensive Streets in North Walsham

PostcodeStreetAreaAverageNo. of Sales
NR28 9JNBank LokeNorth Walsham£98,0003
NR28 0AEVictory CourtNorth Walsham£100,7005
NR28 0UNAngel CourtCromer Road£101,2229
NR28 9HPFairview RoadNorth Walsham£103,0003
NR28 9LDWaterfield MeadowsNorth Walsham£135,78517
NR28 0SZGooch CloseNorth Walsham£141,1663
NR28 9DWHaynes CourtBacton Road£141,31811
NR28 9XFBenets ViewNorth Walsham£146,7857
NR28 0TNThe HolliesNorth Walsham£149,2857
NR28 9JYLower CottageKings Arms Street, North Walsham£149,6663

Explore North Walsham and Neighbouring Area House Prices