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Stalham House Prices Stalham House Prices

The average house price in Stalham is £114,975 using HM Land Registry data.

The average property price increased by £26,323 (11.52%) over the last 5 years and increased by £5,261 (2.11%) over the last 12 months.

Over the last year, there were 53 residential property sales – a decrease of 24 transactions (-45.28%) relative to the previous year. The majority of house sales (16) were in the £210,000 - £250,000 range. Then came properties in the £170,000 - £210,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,613 (-3%).

In April 2024, there were 12 new estate agency instructions, 7 agreed home sales and 9 property price reductions.

Postcodes Covered: NR12

5-Year Average Property Prices in Stalham

11.52%

Property prices in Stalham increased by 11.52% 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 Stalham Over the Last Year

2.11%

Property prices in Stalham increased by 2.11% 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 Stalham - 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 Stalham

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 Stalham

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 Stalham

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 Stalham since 1995

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

Recent Property Sales in Stalham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Market Row, Stalham, Norwich, Norfolk, NR12 9AT£170,000£160,000-£10,00006 Mar 202421 Mar 202415 Days
7 St Benets Road, Stalham, Norwich, Norfolk, NR12 9DN£145,000£100,000-£45,00001 Dec 202126 Jan 2024786 Days
14 Granville Close, Stalham, Norwich, Norfolk, NR12 9DP£210,000£210,000£0010 Oct 202312 Jan 202494 Days
Flat 5, St Johns Court, St Johns Road, Stalham, Norwich, Norfolk, NR12 9BF£159,950£150,000-£9,95015 Sep 202304 Jan 2024111 Days
18 Strawberry Fields, Stalham, Norwich, Norfolk, NR12 9NZ£210,000£205,000-£5,00027 Jun 202309 Oct 2023104 Days
4 St Johns Gardens, Stalham, Norwich, Norfolk, NR12 9DB£400,000£400,000£0017 Mar 202318 Sep 2023185 Days
2 Heron Gardens, Stalham, Norwich, Norfolk, NR12 9PL£280,000£280,000£0009 Jun 202301 Sep 202384 Days
31 St Benets Road, Stalham, Norwich, Norfolk, NR12 9DN£210,000£200,000-£10,00014 Nov 202214 Aug 2023273 Days
3 The Green, Stalham, Norwich, Norfolk, NR12 9PZ£200,000£182,000-£18,00012 May 202301 Aug 202381 Days
71b, High Street, Stalham, Norwich, Norfolk, NR12 9BB£95,000£95,000£0024 Nov 202217 Jul 2023235 Days
8 Lancaster Close, Stalham, Norwich, Norfolk, NR12 9PW£220,000£214,000-£6,00003 Sep 202230 Jun 2023300 Days
Glencairn, St Johns Road, Stalham, Norwich, Norfolk, NR12 9BG£280,000£268,400-£11,60014 Mar 202312 Jun 202390 Days
4 Spinners Court, Stalham, Norwich, Norfolk, NR12 9EQ£97,500£93,500-£4,00007 Feb 202312 May 202394 Days
4 Strawberry Fields, Stalham, Norwich, Norfolk, NR12 9NZ£180,000£180,000£0021 Jan 202328 Apr 202397 Days
18 Calthorpe Close, Stalham, Norwich, Norfolk, NR12 9EE£190,000£182,000-£8,00012 Dec 202221 Apr 2023130 Days
23 Dunkerley Court, Stalham, Norwich, Norfolk, NR12 9EW£225,000£225,000£0006 Sep 202221 Apr 2023227 Days
43 St Benets Road, Stalham, Norwich, Norfolk, NR12 9DW£200,000£195,000-£5,00028 Dec 202204 Apr 202397 Days
13 Calthorpe Close, Stalham, Norwich, Norfolk, NR12 9EE£220,000£215,000-£5,00017 Nov 202217 Mar 2023120 Days
36 Rivermead, Stalham, Norwich, Norfolk, NR12 9PH£280,000£275,000-£5,00020 Dec 202228 Feb 202370 Days
22 Dunkerley Court, Stalham, Norwich, Norfolk, NR12 9EW£210,000£200,000-£10,00011 Nov 202224 Feb 2023105 Days

Most Expensive Streets in Stalham

PostcodeStreetAreaAverageNo. of Sales
NR12 9QDMoor LaneStalham£473,9166
NR12 9DAThe StaitheStalham£440,0003
NR12 9DBSt Johns GardensStalham£380,8333
NR12 9BYThe StaitheStalham£373,2504
NR12 9BULower Staithe RoadStalham£350,6663
NR12 9FYStaithe GardensStalham£346,45510
NR12 9FJWhiley LaneStalham£326,9378
NR12 9AXUpper Staithe RoadStalham£324,1217
NR12 9BESt Johns RoadStalham£315,0003
NR12 9FLWilson RoadStalham£293,70010

Least Expensive Streets in Stalham

PostcodeStreetAreaAverageNo. of Sales
NR12 9PNBroadside Chalet ParkStalham£48,4874
NR12 9BBHigh StreetStalham£105,2506
NR12 9BFSt Johns CourtSt Johns Road£114,0004
NR12 9EQSpinners CourtStalham£120,1254
NR12 9AEMarket MewsStalham£130,1258
NR12 9FAKingfisher CloseStalham£136,4378
NR12 9DNSt Benets RoadStalham£159,2147
NR12 9FUWilson RoadStalham£159,6663
NR12 9NZStrawberry FieldsStalham£167,8336
NR12 9BDLyndford RoadStalham£173,7508

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