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Sheringham House Prices Sheringham House Prices

The average house price in Sheringham is £423,975 using HM Land Registry data.

The average property price increased by £67,630 (21.51%) over the last 5 years and increased by £13,517 (3.67%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 37 transactions (-28.46%) relative to the previous year. The majority of house sales (30) were in the £262,000 - £354,000 range. Then came properties in the £170,000 - £262,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,897 (-2%).

In April 2024, there were 24 new estate agency instructions, 24 agreed home sales and 12 property price reductions.

Postcodes Covered: NR26

5-Year Average Property Prices in Sheringham

21.51%

Property prices in Sheringham increased by 21.51% 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 Sheringham Over the Last Year

3.67%

Property prices in Sheringham increased by 3.67% 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 Sheringham - 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 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 Sheringham

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 Sheringham

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 Sheringham

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 Sheringham since 1995

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

Recent Property Sales in Sheringham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Hannah Close, Sheringham, Norfolk, NR26 8AY£300,000£300,000£0024 Aug 202326 Mar 2024215 Days
23 Cremer Street, Sheringham, Norfolk, NR26 8DZ£340,000£314,000-£26,00014 Sep 202318 Mar 2024186 Days
3 Willow Grove, Sheringham, Norfolk, NR26 8LU£362,000£350,000-£12,00002 Jan 202426 Feb 202455 Days
7 Links Crescent, Sheringham, Norfolk, NR26 8HQ£525,000£485,000-£40,00006 Sep 202323 Feb 2024170 Days
23 Nelson Road, Sheringham, Norfolk, NR26 8BU£600,000£600,000£0022 Sep 202322 Feb 2024153 Days
18 Upcher Court, Sheringham, Norfolk, NR26 8LY£330,000£322,000-£8,00004 Aug 202312 Feb 2024192 Days
1 Robertson Close, Sheringham, Norfolk, NR26 8EN£345,000£345,000£0012 Sep 202319 Jan 2024129 Days
24 Holway Road, Sheringham, Norfolk, NR26 8HR£425,000£415,000-£10,00018 Jul 202319 Jan 2024185 Days
31a, Church Street, Sheringham, Norfolk, NR26 8QS£155,000£150,000-£5,00018 Aug 202320 Dec 2023124 Days
52 Campion Way, Sheringham, Norfolk, NR26 8UN£560,000£550,000-£10,00005 Jul 202311 Dec 2023159 Days
81 Childs Way, Sheringham, Norfolk, NR26 8TX£330,000£320,500-£9,50012 Nov 202201 Dec 2023384 Days
2 Celandine Lane, Sheringham, Norfolk, NR26 8UY£335,000£333,800-£1,20007 Aug 202301 Dec 2023116 Days
9 Weybourne Road, Sheringham, Norfolk, NR26 8HF£500,000£500,000£0004 Aug 202301 Dec 2023119 Days
16 New Street, Sheringham, Norfolk, NR26 8EE£435,000£420,000-£15,00003 Aug 202323 Nov 2023112 Days
18 Waterbank Road, Sheringham, Norfolk, NR26 8RB£375,000£375,000£0031 Jul 202320 Nov 2023112 Days
77 Beeston Road, Sheringham, Norfolk, NR26 8EJ£375,000£356,404-£18,59621 Jun 202307 Nov 2023139 Days
5 Norfolk Road, Sheringham, Norfolk, NR26 8HJ£490,000£490,000£0006 Apr 202306 Nov 2023214 Days
8 De Morley Garth, Sheringham, Norfolk, NR26 8JG£435,000£434,000-£1,00002 May 202306 Nov 2023188 Days
3 Knowle Crescent, Sheringham, Norfolk, NR26 8PY£375,000£374,000-£1,00019 May 202301 Nov 2023166 Days
52 Cooper Road, Sheringham, Norfolk, NR26 8UH£200,000£199,000-£1,00009 Jun 202326 Oct 2023139 Days

Most Expensive Streets in Sheringham

PostcodeStreetAreaAverageNo. of Sales
NR26 8NAHolt RoadSheringham£696,2504
NR26 8NGThe TurningSheringham£653,4577
NR26 8NFMeadow WaySheringham£625,0003
NR26 8NEUplands ParkSheringham£575,0006
NR26 8BWSea ViewVincent Road£566,2504
NR26 8BUNelson RoadSheringham£552,0005
NR26 8LFSt Nicholas PlaceSheringham£552,0005
NR26 8GZSnaefell ParkSheringham£550,57012
NR26 8HJNorfolk RoadSheringham£538,3333
NR26 8QAThe RiseSheringham£527,7508

Least Expensive Streets in Sheringham

PostcodeStreetAreaAverageNo. of Sales
NR26 8DWShannock CourtSheringham£127,07324
NR26 8RPCromer RoadSheringham£171,41612
NR26 8QYSt Peters RoadSheringham£179,0004
NR26 8UDMiddleton CloseSheringham£183,6663
NR26 8LQPaulian CourtThe Esplanade£185,8005
NR26 8BPVincent RoadSheringham£187,76913
NR26 8DXCo Operative StreetSheringham£190,0003
NR26 8DNRamey CourtCremer Street, Sheringham£191,4287
NR26 8QSChurch StreetSheringham£200,0003
NR26 8UEPegg RoadSheringham£203,2504

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