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House Prices in NR20

The average house price in NR20 (Dereham) is £341,601 using HM Land Registry data.

The average property price increased by £31,452 (40.01%) over the last 5 years and increased by £6,302 (5.52%) over the last 12 months.

Over the last year, there were 214 residential property sales – a decrease of 69 transactions (-32.24%) relative to the previous year. The majority of house sales (53) were in the £262,000 - £334,000 range. Then came properties in the £190,000 - £262,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 187 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,328 (-3%).

In March 2025, there were 53 new estate agency instructions, 36 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in NR20 (Dereham)

40.01%

Property prices in NR20 (Dereham) increased by 40.01% 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 NR20 (Dereham) Over the Last Year

5.52%

Property prices in NR20 (Dereham) increased by 5.52% 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.

Property Market Heat Gauge for NR20 (Dereham) - March 2025

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 NR20 (Dereham)

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 NR20 (Dereham)

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 NR20 (Dereham)

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 NR20 (Dereham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR20 postcode area since 1995.

Recent Sales in NR20 (Dereham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Briar Close, Dereham, Norfolk, NR20 3BG	£250,000	£240,000	-£10,000	02 Oct 2024	21 Feb 2025	142 Days
17 Tavern Close, Beetley, Dereham, Norfolk, NR20 4BN	£270,000	£265,000	-£5,000	23 Aug 2024	07 Feb 2025	168 Days
5 Farrow Close, Mattishall, Dereham, Norfolk, NR20 3SZ	£170,000	£165,000	-£5,000	01 Aug 2024	07 Feb 2025	190 Days
25 Reepham Road, Bawdeswell, Dereham, Norfolk, NR20 4RU	£325,000	£300,000	-£25,000	06 Jul 2023	31 Jan 2025	575 Days
12 Rowan Drive, Dereham, Norfolk, NR20 3TY	£400,000	£400,000	£0	16 Sep 2024	24 Jan 2025	130 Days
3 Yew Tree Court, Hockering, Dereham, Norfolk, NR20 3JR	£235,000	£225,000	-£10,000	30 May 2024	20 Dec 2024	204 Days
16 Brookside, North Elmham, Dereham, Norfolk, NR20 5JP	£300,000	£285,000	-£15,000	05 Jul 2024	11 Dec 2024	159 Days
99 Dereham Road, Mattishall, Dereham, Norfolk, NR20 3NU	£450,000	£425,000	-£25,000	21 Aug 2024	06 Dec 2024	107 Days
31 The Street, Bintree, Dereham, Norfolk, NR20 5NE	£250,000	£250,000	£0	03 Sep 2024	04 Dec 2024	92 Days
8 The Glebe, Hockering, Dereham, Norfolk, NR20 3TX	£450,000	£432,000	-£18,000	10 Jun 2024	29 Nov 2024	172 Days
2 Gray Drive, Swanton Morley, Dereham, Norfolk, NR20 4PG	£230,000	£225,000	-£5,000	22 Jul 2024	27 Nov 2024	128 Days
12 Beech Road, Beetley, Dereham, Norfolk, NR20 4HR	£210,000	£210,000	£0	03 Jul 2024	15 Nov 2024	135 Days
Stoneleigh, Blacksmiths Close, Wood Norton, Dereham, Norfolk, NR20 5UA	£350,000	£350,000	£0	06 Jun 2024	12 Nov 2024	159 Days
5 Barrack Close, East Tuddenham, Dereham, Norfolk, NR20 3LU	£365,000	£365,000	£0	08 Jul 2024	08 Nov 2024	123 Days
1 Tower Close, Whissonsett, Dereham, Norfolk, NR20 5FF	£425,000	£425,000	£0	10 Apr 2024	01 Nov 2024	205 Days
2 Hindolveston Road, Guestwick, Dereham, Norfolk, NR20 5QL	£450,000	£437,500	-£12,500	14 Jul 2023	28 Oct 2024	472 Days
15 Gray Drive, Swanton Morley, Dereham, Norfolk, NR20 4PG	£220,000	£215,000	-£5,000	24 Apr 2024	23 Oct 2024	182 Days
Old Well Cottage, New Lane, Mattishall, Dereham, Norfolk, NR20 3JX	£650,000	£630,000	-£20,000	20 Jun 2024	18 Oct 2024	120 Days
3 Beetley Meadows, Beetley, Dereham, Norfolk, NR20 4UU	£585,000	£580,000	-£5,000	12 Jul 2024	18 Oct 2024	98 Days
28 Oakland Drive, Beetley, Dereham, Norfolk, NR20 4EY	£425,000	£415,000	-£10,000	09 Feb 2024	08 Oct 2024	242 Days

Most Expensive Streets in NR20 (Dereham)

Postcode	Street	Area	Average	No. of Sales
NR20 3GX	Windfields, East Tuddenham	Dereham	£1,022,500	4
NR20 3AL	Norwich Road	Dereham	£831,666	3
NR20 3PD	Dereham Road, Mattishall	Dereham	£773,333	3
NR20 3PL	The Bungalows, Mattishall	Dereham	£740,000	4
NR20 5DD	The Street, Hindolveston	Dereham	£733,750	6
NR20 5AA	Church Street, Brisley	Dereham	£706,666	3
NR20 3JN	Albatross Road, Hockering	Dereham	£694,375	8
NR20 3SR	The Beeches, Mattishall	Dereham	£661,666	3
NR20 4FG	Panhard Drive, Gressenhall	Dereham	£575,800	5
NR20 5HQ	Hay Meadow, North Elmham	Dereham	£566,000	3

Least Expensive Streets in NR20 (Dereham)

Postcode	Street	Area	Average	No. of Sales
NR20 3FD	Pavilion Way	Dereham	£93,000	4
NR20 3FG	Old School Green, Mattishall	Dereham	£137,781	4
NR20 3NQ	Rayners Way, Mattishall	Dereham	£146,800	5
NR20 3FN	Elm Street	Dereham	£161,900	5
NR20 3AQ	Nursery Buildings, Norwich Road	Dereham	£178,700	5
NR20 4AN	Cecil Road	Dereham	£185,000	3
NR20 4UA	Malthouse Court	Dereham	£185,400	5
NR20 3HU	Manor Close, Hockering	Dereham	£187,450	5
NR20 3DG	The Cottages, Low Road	Dereham	£188,333	3
NR20 5SA	Bexfield Close, Foulsham	Dereham	£189,166	3