Housing Market Analysis for NR15 1LU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £553,000 median price is £553,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £553,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE WILLOWS: £553,000 (Sold on 24 Feb 2022)
    • The first recorded sale happened at this postcode is THE WILLOWS: £553,000 (Sold on 24 Feb 2022)
  • Semi-Detached
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £10,000 with Total Sold: 2
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WATERLOO COTTAGE: £225,000 (Sold on 16 Jan 2020)
    • The first recorded sale happened at this postcode is MILL VIEW: £205,000 (Sold on 12 Dec 2014)
  • Detached
    • The average price is around £128,667 median price is £155,000 Standard Deviation is £56,629 with Total Sold: 3
    • The most recent sale happened at this postcode is WATER MEADOWS: £181,000 (Sold on 19 Jul 2005)
    • The first recorded sale happened at this postcode is WATER MEADOWS: £50,000 (Sold on 23 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NR15 1LU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£553,000 £3,662 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£225,000 £2,419 1
2014£205,000 £1,314 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£181,0001
2003£155,0001
1997£50,0001

All the Sales in the NR15 1LU

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

AddressSold DatePrice% Change
THE WILLOWSOther, FreeholdArea: 151 Sq.mtrAge: 1976-198224 Feb 2022£553,000First Sale
WATERLOO COTTAGESemi-Detached, FreeholdArea: 93 Sq.mtrAge: before 190016 Jan 2020£225,000First Sale
MILL VIEWSemi-Detached, FreeholdArea: 156 Sq.mtrAge: before 190012 Dec 2014£205,000First Sale
WATER MEADOWSDetached, Freehold19 Jul 2005£181,00016.77%
17 Jan 2003£155,000210.00%
23 Sep 1997£50,000First Sale

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

NR15 1LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £191,598 median price is £172,750 Standard Deviation is £80,073 with Total Sold: 22
    • The Last 5 Year average price is £285,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , 1 GROVE LANE: £300,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , JASMIN COTTAGE LOW ROAD: £49,000 (Sold on 18 Jun 1999)
  • Detached
    • The average price is around £288,380 median price is £230,000 Standard Deviation is £183,672 with Total Sold: 83
    • The Last 5 Year average price is £498,325 with Total Sold: 20
    • The most recent sale happened at this postcode is , PILGRIM COTTAGE LOW ROAD: £440,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , PINEWOOD LODGE GROVE LANE: £190,000 (Sold on 25 Sep 1995)
  • Other
    • The average price is around £872,667 median price is £925,000 Standard Deviation is £242,482 with Total Sold: 3
    • The Last 5 Year average price is £872,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , WATER MILL HOUSE LOW ROAD: £1,140,000 (Sold on 03 Nov 2022)
    • The first recorded sale happened at this postcode is , WATER MILL HOUSE LOW ROAD: £925,000 (Sold on 22 Jul 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£367,500 £5,060 2
2021£234,000 £3,227 2
2020£225,000 £2,419 1
2018£288,000 £2,692 1
2016£215,000 £3,658 1
2014£205,000 £1,314 1
2013£162,0001
2010£170,500 £2,901 1
2009£186,667 £1,858 3
2008£130,000 £890 1
2007£180,000 £2,353 2
2006£159,950 £1,495 1
2005£118,0001
2004£158,950 £1,870 1
2003£98,7501
2002£112,000 £1,906 1
1999£49,000 £336 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£420,000 £3,298 2
2022£553,333 £4,119 3
2021£532,188 £3,435 8
2020£534,750 £3,133 4
2019£356,667 £2,763 3
2018£330,000 £2,750 1
2017£517,250 £2,490 2
2016£175,000 £2,244 1
2015£812,500 £2,232 1
2014£225,350 £2,343 4
2013£260,000 £2,250 2
2012£232,500 £1,530 1
2011£610,000 £2,276 1
2010£425,0001
2009£130,000 £1,761 2
2008£229,667 £2,733 3
2005£240,571 £1,502 7
2004£224,071 £1,879 7
2003£187,770 £989 5
2002£151,000 £1,559 3
2001£176,500 £1,318 2
2000£274,100 £1,071 5
1999£160,000 £918 5
1998£36,000 £605 1
1997£79,625 £456 4
1996£66,688 £575 4
1995£190,000 £974 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£846,500 £7,158 2
2019£925,000 £8,645 1

House Type in NR15 1LU area

The most common house types in the NR15 1LU postcode area are Detached (78), Semi-detached (16), and Terraced (1).

Total97
Detached78
Semi-detached16
Terraced1
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright50
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency6
Social rented: Other social rented1
Private rented: Other private rented1
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 1LU have 2 people in household (37), and 4 people in household (20).

2 people in household37
4 people in household20
1 person in household19
3 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0