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Swaffham House Prices Swaffham House Prices

The average house price in Swaffham is £275,445 using HM Land Registry data.

The average property price increased by £71,558 (33.96%) over the last 5 years and increased by £14,302 (5.34%) over the last 12 months.

Over the last year, there were 135 residential property sales – a decrease of 96 transactions (-71.11%) relative to the previous year. The majority of house sales (37) were in the £180,000 - £230,000 range. Then came properties in the £230,000 - £280,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,959 (-3%).

In April 2024, there were 46 new estate agency instructions, 26 agreed home sales and 17 property price reductions.

Postcodes Covered: PE37

5-Year Average Property Prices in Swaffham

33.96%

Property prices in Swaffham increased by 33.96% 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 Swaffham Over the Last Year

5.34%

Property prices in Swaffham increased by 5.34% 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 Swaffham - 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 Swaffham

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 Swaffham

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 Swaffham

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 Swaffham since 1995

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

Recent Property Sales in Swaffham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Couhe Close, Swaffham, Norfolk, PE37 7JS£260,000£250,000-£10,00017 Jan 202401 Mar 202444 Days
5 Brandon Close, Swaffham, Norfolk, PE37 7EF£300,000£300,000£0008 Nov 202323 Feb 2024107 Days
30 Southlands, Swaffham, Norfolk, PE37 7PE£250,000£250,000£0013 Oct 202326 Jan 2024105 Days
Silver Birches, Northwell Pool Road, Swaffham, Norfolk, PE37 7HW£575,000£560,000-£15,00007 Oct 202311 Jan 202496 Days
17 Brancaster Way, Swaffham, Norfolk, PE37 7RY£280,000£276,500-£3,50009 Aug 202315 Dec 2023128 Days
24 Southlands, Swaffham, Norfolk, PE37 7PE£190,000£189,950-£5026 Apr 202313 Dec 2023231 Days
63 Heathlands, Swaffham, Norfolk, PE37 7TG£375,000£352,000-£23,00008 Sep 202313 Dec 202396 Days
Courtlands, Norwich Road, Swaffham, Norfolk, PE37 8DE£475,000£440,000-£35,00018 Aug 202313 Dec 2023117 Days
35 The Oaklands, Swaffham, Norfolk, PE37 7EN£230,000£200,000-£30,00015 Jul 202308 Dec 2023146 Days
19 Merryweather Road, Swaffham, Norfolk, PE37 7GB£335,000£330,000-£5,00010 Jun 202328 Nov 2023171 Days
7 Lee Warner Road, Swaffham, Norfolk, PE37 7GD£265,000£263,000-£2,00022 May 202328 Nov 2023190 Days
31 Lee Warner Road, Swaffham, Norfolk, PE37 7GD£375,000£360,000-£15,00007 Jul 202324 Nov 2023140 Days
3 Couhe Close, Swaffham, Norfolk, PE37 7JS£260,000£257,500-£2,50027 Jun 202310 Nov 2023136 Days
43 Mill Farm Nurseries, Swaffham, Norfolk, PE37 7PJ£325,000£317,500-£7,50007 Apr 202308 Nov 2023215 Days
51 London Street, Swaffham, Norfolk, PE37 7DN£150,000£150,000£0007 Jul 202303 Nov 2023119 Days
132 Southlands, Swaffham, Norfolk, PE37 7PQ£280,000£265,000-£15,00022 May 202302 Nov 2023164 Days
108 Southlands, Swaffham, Norfolk, PE37 7PG£280,000£280,000£0025 Nov 202230 Oct 2023339 Days
2 Mill Farm Nurseries, Swaffham, Norfolk, PE37 7PJ£250,000£235,000-£15,00007 Jun 202327 Oct 2023142 Days
131 Southlands, Swaffham, Norfolk, PE37 7PQ£270,000£255,000-£15,00011 May 202320 Oct 2023162 Days
12 Highfield Avenue, Swaffham, Norfolk, PE37 7PS£210,000£210,000£0002 Jun 202313 Oct 2023133 Days

Most Expensive Streets in Swaffham

PostcodeStreetAreaAverageNo. of Sales
PE37 8HQCaptains CloseSwaffham£426,9995
PE37 7BYWhitsands RoadSwaffham£401,0003
PE37 7JDNew Sporle RoadSwaffham£377,5004
PE37 7EROaks DriveSwaffham£375,1005
PE37 8PBLadybird LokeSwaffham£375,0004
PE37 7JGTumbler HillSwaffham£361,80010
PE37 7RJLongfieldsSwaffham£339,5004
PE37 7DAPit LaneSwaffham£338,3333
PE37 8PFFlora RoadSwaffham£336,09510
PE37 7RZWolferton DriveSwaffham£328,2504

Least Expensive Streets in Swaffham

PostcodeStreetAreaAverageNo. of Sales
PE37 7TUThe ShirehallBeech Close£94,1427
PE37 7NDCateryne CourtSpinners Lane£96,6666
PE37 7HHNorthwell PlaceSwaffham£112,75020
PE37 7BBLynn RoadSwaffham£120,8336
PE37 7AXLynn StreetSwaffham£141,90010
PE37 7BZQueen StreetSwaffham£152,1663
PE37 7HNPedlars GroveSwaffham£160,5005
PE37 7TQPartridge GroveSwaffham£164,3619
PE37 7TJStratton CloseSwaffham£165,6663
PE37 7JFSir Archdale RoadSwaffham£171,3333

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