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Poringland House Prices Poringland House Prices

The average house price in Poringland is £366,700 using HM Land Registry data.

The average property price increased by £62,666 (19.65%) over the last 5 years and increased by £12,524 (3.39%) over the last 12 months.

Over the last year, there were 87 residential property sales – a decrease of 65 transactions (-74.71%) relative to the previous year. The majority of house sales (27) were in the £200,000 - £266,000 range. Then came properties in the £266,000 - £332,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,259 (-5%).

In April 2024, there were 16 new estate agency instructions, 8 agreed home sales and 10 property price reductions.

Postcodes Covered: NR14

5-Year Average Property Prices in Poringland

19.65%

Property prices in Poringland increased by 19.65% 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 Poringland Over the Last Year

3.39%

Property prices in Poringland increased by 3.39% 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 Poringland - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Poringland

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 Poringland

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 Poringland

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 Poringland since 1995

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

Recent Property Sales in Poringland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Poringland Road, Stoke Holy Cross, Norwich, Norfolk, NR14 8NL£450,000£435,000-£15,00015 Sep 202309 Feb 2024147 Days
32 Long Road, Framingham Earl, Norwich, Norfolk, NR14 7RY£360,000£360,000£0017 Oct 202309 Feb 2024115 Days
17 Hall Road, Framingham Earl, Norwich, Norfolk, NR14 7SE£660,000£625,000-£35,00020 Jun 202315 Dec 2023178 Days
56 Rectory Lane, Poringland, Norwich, Norfolk, NR14 7SL£380,000£368,500-£11,50024 Oct 202213 Dec 2023415 Days
30 Highland, Poringland, Norwich, Norfolk, NR14 7QU£390,000£390,000£0016 Jun 202311 Dec 2023178 Days
22 Poringland Road, Stoke Holy Cross, Norwich, Norfolk, NR14 8NL£500,000£490,000-£10,00016 Nov 202230 Nov 2023379 Days
84 Poringland Road, Stoke Holy Cross, Norwich, Norfolk, NR14 8NW£450,000£440,000-£10,00023 Jun 202322 Nov 2023152 Days
6 Elizabeth Road, Poringland, Norwich, Norfolk, NR14 7RH£270,000£265,000-£5,00001 Nov 202313 Nov 202312 Days
67 St Marys Road, Poringland, Norwich, Norfolk, NR14 7SR£325,000£320,000-£5,00009 Aug 202309 Nov 202392 Days
16 Malten Close, Poringland, Norwich, Norfolk, NR14 7RW£325,000£325,000£0004 May 202309 Nov 2023189 Days
39 Glenn Road, Poringland, Norwich, Norfolk, NR14 7LU£190,000£187,500-£2,50008 Aug 202320 Oct 202373 Days
7 John Drewry Close, Framingham Earl, Norwich, Norfolk, NR14 7JB£290,000£275,000-£15,00003 May 202313 Oct 2023163 Days
7 Brooks Meadow, Poringland, Norwich, Norfolk, NR14 7TP£575,000£575,000£0023 Mar 202325 Aug 2023155 Days
65 Cawstons Meadow, Poringland, Norwich, Norfolk, NR14 7SX£270,000£267,000-£3,00027 Jan 202301 Aug 2023186 Days
16 Bligh Close, Framingham Earl, Norwich, Norfolk, NR14 7SF£250,000£250,000£0001 Mar 202328 Jun 2023119 Days
15 Spruce Crescent, Poringland, Norwich, Norfolk, NR14 7UA£240,000£240,000£0007 Feb 202316 Jun 2023129 Days
7 Bramble Way, Poringland, Norwich, Norfolk, NR14 7RT£550,000£530,000-£20,00001 Nov 202213 Jun 2023224 Days
60 St Marys Road, Poringland, Norwich, Norfolk, NR14 7SS£280,000£270,000-£10,00027 Oct 202209 Jun 2023225 Days
5 Sunnyside Avenue, Poringland, Norwich, Norfolk, NR14 7RD£200,000£200,000£0011 Nov 202228 Apr 2023168 Days
73 St Marys Road, Poringland, Norwich, Norfolk, NR14 7SU£250,000£247,500-£2,50018 Aug 202212 Apr 2023237 Days

Most Expensive Streets in Poringland

PostcodeStreetAreaAverageNo. of Sales
NR14 7SHUpgatePoringland£732,3333
NR14 7RYLong RoadFramingham Earl£593,80010
NR14 8XSWestern CloseStoke Holy Cross£537,5006
NR14 8RGChandler RoadStoke Holy Cross£534,4006
NR14 7WGMitchell GardensPoringland£508,5677
NR14 8XXRadar CloseStoke Holy Cross£506,6663
NR14 7WWBerwick CourtPoringland£502,5955
NR14 7WXEllis MeadPoringland£501,3708
NR14 7FSWood LanePoringland£485,50011
NR14 7JZCarr LanePoringland£474,36311

Least Expensive Streets in Poringland

PostcodeStreetAreaAverageNo. of Sales
NR14 7GSTaylors SquarePoringland£161,9449
NR14 7WRBritannia CourtTrafalgar Square£178,6878
NR14 7WTMarine CourtTrafalgar Square£186,8754
NR14 7WJNelson ClosePoringland£195,70010
NR14 7LUGlenn RoadPoringland£199,3005
NR14 7WQNeptune CourtTrafalgar Square£201,9287
NR14 7GRMinns CrescentPoringland£203,5004
NR14 7WHVictory AvenuePoringland£205,1787
NR14 7LNShotesham RoadPoringland£208,7217
NR14 7WSHamilton CourtTrafalgar Square£210,6666

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