Housing Market Analysis for MELROSE COTTAGE, NR15 1BG

Are you looking to understand NR15 1BG 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 NR15 1BG area, explore the NR15 1BG Area information page.
For comprehensive crime statistics in the NR15 1BG area, explore the NR15 1BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR15 1BG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £416,000 median price is £401,000 Standard Deviation is £59,716 with Total Sold: 4
    • The Last 5 Year average price is £512,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 PROSPECT PLACE: £512,000 (Sold on 10 Jun 2022)
    • The first recorded sale happened at this postcode is 2 PROSPECT PLACE: £390,000 (Sold on 05 Jul 2016)
  • Semi-Detached
    • The average price is around £110,167 median price is £138,000 Standard Deviation is £40,785 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 MELROSE COTTAGE: £138,000 (Sold on 31 Jul 2013)
    • The first recorded sale happened at this postcode is 1 MELROSE COTTAGE: £52,500 (Sold on 28 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NR15 1BG 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
2022£512,000 £3,048 1
2017£412,000 £3,052 1
2016£370,000 £2,457 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£138,0001
2004£140,0001
2000£52,5001

All the Sales in the MELROSE COTTAGE, NR15 1BG

See the table below for more details on the sold house prices in the NR15 1BG, South Norfolk postcode.

AddressSold DatePrice% Change
2 PROSPECT PLACEDetached, FreeholdArea: 168 Sq.mtr10 Jun 2022£512,00031.28%
05 Jul 2016£390,000First Sale
1 PROSPECT PLACEDetached, FreeholdArea: 135 Sq.mtr05 Oct 2017£412,00017.71%
21 Jul 2016£350,000First Sale
1 MELROSE COTTAGESemi-Detached, Freehold31 Jul 2013£138,000-1.43%
25 May 2004£140,000166.67%
28 Apr 2000£52,500First Sale

Check out the sold house prices near the NR15 1BG postcode. Properties currently for saleProperties currently for rent

MELROSE COTTAGE, NR15 1BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR15 1BG 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 NR15 1BG postcode.

  • Detached
    • The average price is around £231,987 median price is £225,000 Standard Deviation is £116,239 with Total Sold: 103
    • The Last 5 Year average price is £349,344 with Total Sold: 16
    • The most recent sale happened at this postcode is , 29 ST GEORGES CLOSE: £370,500 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is , 16 ST MARYS ROAD: £95,000 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £136,352 median price is £126,875 Standard Deviation is £62,910 with Total Sold: 28
    • The Last 5 Year average price is £210,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 28 ST GEORGES CLOSE: £258,000 (Sold on 28 Jul 2021)
    • The first recorded sale happened at this postcode is , CLEARWAYS PROSPECT PLACE: £42,500 (Sold on 19 Jun 1998)
  • Terraced
    • The average price is around £61,500 median price is £61,500 Standard Deviation is £38,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MALVA ROSAS MILL ROAD: £99,500 (Sold on 28 Nov 1997)
    • The first recorded sale happened at this postcode is , MALVA ROSAS MILL ROAD: £23,500 (Sold on 19 May 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,250 £3,214 2
2023£358,333 £3,362 3
2022£389,250 £2,898 2
2021£341,250 £2,655 2
2020£388,250 £2,974 4
2019£286,667 £2,458 3
2018£364,000 £2,508 5
2017£412,000 £3,052 1
2016£378,617 £2,821 6
2015£285,000 £2,139 2
2014£253,750 £2,112 2
2013£261,600 £2,081 5
2012£255,667 £1,707 3
2011£245,000 £2,104 1
2010£276,375 £1,923 4
2009£210,000 £1,533 1
2008£300,000 £2,248 2
2007£304,333 £2,293 3
2006£247,415 £2,035 6
2005£220,000 £1,660 2
2004£225,667 £1,342 3
2003£196,333 £1,786 3
2002£179,200 £1,165 5
2001£132,738 £1,090 4
2000£127,492 £1,054 6
1999£91,300 £647 6
1998£93,2504
1997£96,406 £702 8
1996£95,500 £717 2
1995£103,333 £572 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£206,500 £2,304 2
2019£214,500 £2,282 2
2017£260,000 £1,898 1
2015£260,000 £2,097 1
2013£149,000 £1,914 2
2009£133,000 £1,505 2
2008£140,000 £1,591 1
2007£159,995 £2,388 1
2006£228,000 £1,617 1
2005£127,750 £906 1
2004£140,0001
2003£120,475 £1,806 2
2002£88,500 £1,515 2
2001£96,067 £940 3
2000£73,333 £759 3
1999£47,500 £720 1
1998£61,225 £497 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£61,5002

House Type in NR15 1BG area

The most common house types in the NR15 1BG postcode area are Detached (62), Semi-detached (47), and Terraced (5).

Total115
Detached62
Semi-detached47
Terraced5
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright61
Owned: Owns with a mortgage or loan36
Social rented: Other social rented8
Private rented: Private landlord or letting agency7
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR15 1BG have 2 people in household (43), and 1 person in household (34).

2 people in household43
1 person in household34
3 people in household18
4 people in household15
6 people in household3
5 people in household1
8 or more people in household1
0 people in household0
7 people in household0