Housing Market Analysis for MERGATE LANE, NR14 8ER

Are you looking to understand NR14 8ER house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Norfolk postcode.

For the location information and nearby amenities in the NR14 8ER area, explore the NR14 8ER Area information page.
For comprehensive crime statistics in the NR14 8ER area, explore the NR14 8ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR14 8ER postcode area, The average prices are as follows,

  • Detached
    • The average price is around £321,667 median price is £302,500 Standard Deviation is £105,738 with Total Sold: 6
    • The Last 5 Year average price is £337,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE COACH HOUSE MERGATE LANE: £250,000 (Sold on 04 Jan 2021)
    • The first recorded sale happened at this postcode is THE COACH HOUSE MERGATE LANE: £475,000 (Sold on 20 Apr 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NR14 8ER house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£250,000 £698 1
2020£425,000 £2,083 1
2013£250,000 £698 1
2009£175,000 £858 1
2007£415,000 £1,327 2

All the Sales in the MERGATE LANE, NR14 8ER

See the table below for more details on the sold house prices in the NR14 8ER, South Norfolk postcode.

AddressSold DatePrice% Change
THE COACH HOUSE MERGATE LANEDetached, FreeholdArea: 358 Sq.mtrAge: before 190004 Jan 2021£250,0000.0
02 Dec 2013£250,000-47.37%
20 Apr 2007£475,000First Sale
BRAMBLEWOOD MERGATE LANEDetached, FreeholdArea: 204 Sq.mtrAge: before 190007 Aug 2020£425,000142.86%
01 Oct 2009£175,000First Sale
MERGATE COTTAGE MERGATE LANEDetached, Freehold22 Jun 2007£355,000First Sale

Check out the sold house prices near the NR14 8ER postcode. Properties currently for saleProperties currently for rent

MERGATE LANE, NR14 8ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR14 8ER postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR14 8ER postcode.

  • Detached
    • The average price is around £341,604 median price is £335,000 Standard Deviation is £197,259 with Total Sold: 41
    • The Last 5 Year average price is £496,302 with Total Sold: 12
    • The most recent sale happened at this postcode is , ST GILES HAWKES LANE: £550,000 (Sold on 06 Jun 2023)
    • The first recorded sale happened at this postcode is , WESTFIELD HOUSE HAWKES LANE: £170,000 (Sold on 31 Jul 1996)
  • Other
    • The average price is around £562,500 median price is £562,500 Standard Deviation is £137,500 with Total Sold: 2
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTERS POORHOUSE LANE: £425,000 (Sold on 17 Mar 2023)
    • The first recorded sale happened at this postcode is , THE NURSERIES HAWKES LANE: £700,000 (Sold on 21 Jul 2017)
  • Semi-Detached
    • The average price is around £239,285 median price is £237,750 Standard Deviation is £115,276 with Total Sold: 14
    • The Last 5 Year average price is £348,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , DELFRYN POORHOUSE LANE: £435,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is , 67 HAWKES LANE: £60,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£550,000 £3,667 1
2022£626,266 £4,122 2
2021£568,699 £1,973 3
2020£455,000 £2,482 3
2019£360,667 £3,255 3
2018£414,975 £2,873 2
2017£420,000 £2,800 1
2013£250,000 £698 1
2012£340,000 £2,636 1
2011£630,000 £1,240 1
2010£306,500 £2,976 2
2009£175,000 £858 1
2007£485,000 £1,477 3
2006£294,000 £3,109 2
2005£300,750 £1,777 2
2004£300,0001
2002£147,919 £1,052 2
2001£179,9501
2000£123,000 £925 1
1999£499,000 £454 1
1998£115,917 £946 3
1997£82,750 £544 2
1996£118,325 £345 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £2,951 1
2017£700,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£382,500 £3,596 2
2019£325,667 £2,713 3
2018£360,0001
2015£225,500 £2,592 1
2012£195,000 £2,241 1
2008£175,000 £2,011 1
2006£194,998 £1,458 2
2003£135,000 £1,552 1
1997£67,500 £937 1
1996£60,0001

House Type in NR14 8ER area

The most common house types in the NR14 8ER postcode area are Detached (120), Semi-detached (60), and Terraced (7).

Total187
Detached120
Semi-detached60
Terraced7
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (87), and Owned: Owns with a mortgage or loan (70).

Owned: Owns outright87
Owned: Owns with a mortgage or loan70
Social rented: Other social rented13
Private rented: Private landlord or letting agency12
Private rented: Other private rented6
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR14 8ER have 2 people in household (86), and 1 person in household (36).

2 people in household86
1 person in household36
4 people in household28
3 people in household24
5 people in household12
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0