Housing Market Analysis for DRAKES CLOSE, NR16 2JB

Are you looking to understand NR16 2JB 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 Breckland postcode.

For the location information and nearby amenities in the NR16 2JB area, explore the NR16 2JB Area information page.
For comprehensive crime statistics in the NR16 2JB area, explore the NR16 2JB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR16 2JB postcode area, The average prices are as follows,

Detached
- The average price is around £190,429 median price is £170,000 Standard Deviation is £115,598 with Total Sold: 17
- The Last 5 Year average price is £387,333 with Total Sold: 3
- The most recent sale happened at this postcode is 22 DRAKES CLOSE: £415,000 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 16 DRAKES CLOSE: £66,000 (Sold on 28 Jul 1995)
Semi-Detached
- The average price is around £160,682 median price is £140,000 Standard Deviation is £67,416 with Total Sold: 11
- The Last 5 Year average price is £295,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 DRAKES CLOSE: £295,000 (Sold on 30 Sep 2020)
- The first recorded sale happened at this postcode is 26 DRAKES CLOSE: £46,500 (Sold on 11 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 2JB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£415,000	£3,640	1
2021	£442,000	£3,027	1
2020	£305,000	£3,112	1
2015	£242,500	£2,127	1
2011	£169,000	£1,804	1
2010	£267,500	£1,832	1
2009	£201,050	£1,854	1
2007	£174,000		1
2006	£170,000	£1,735	1
2005	£264,500	£1,811	1
2003	£136,000	£1,254	1
2000	£110,000		1
1999	£59,250		1
1998	£56,000		1
1996	£79,750	£620	2
1995	£66,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£295,000	£2,565	1
2017	£226,000		1
2013	£203,000	£1,915	1
2010	£140,000	£1,217	1
2007	£196,000	£2,075	2
2004	£133,000	£1,157	1
2003	£127,000		1
2002	£95,000		1
2001	£110,000	£1,174	1
1997	£46,500	£404	1

All the Sales in the DRAKES CLOSE, NR16 2JB

See the table below for more details on the sold house prices in the NR16 2JB, Breckland postcode.

Address	Sold Date	Price	% Change
22 DRAKES CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	19 Dec 2022	£415,000	71.13%
	27 Feb 2015	£242,500	First Sale
5 DRAKES CLOSEDetached, FreeholdArea: 146.03 Sq.mtrAge: 1967-1975	01 May 2021	£442,000	65.23%
	12 Mar 2010	£267,500	1.13%
	07 Oct 2005	£264,500	192.27%
	28 May 1996	£90,500	First Sale
26 DRAKES CLOSESemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1967-1975	30 Sep 2020	£295,000	110.71%
	24 Sep 2010	£140,000	5.26%
	10 Sep 2004	£133,000	186.02%
	11 Dec 1997	£46,500	First Sale
8 DRAKES CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	28 Feb 2020	£305,000	First Sale
9 DRAKES CLOSESemi-Detached, Freehold	23 Jan 2017	£226,000	77.95%
	17 Oct 2003	£127,000	33.68%
	14 Jan 2002	£95,000	First Sale
18 DRAKES CLOSESemi-Detached, FreeholdArea: 106.02 Sq.mtrAge: 1976-1982	11 Jul 2013	£203,000	-7.73%
	25 May 2007	£220,000	First Sale
15 DRAKES CLOSEDetached, FreeholdArea: 93.7 Sq.mtrAge: 1967-1975	27 Jul 2011	£169,000	53.64%
	12 Oct 2001	£110,000	First Sale
6 DRAKES CLOSEDetached, FreeholdArea: 108.47 Sq.mtrAge: 1967-1975	24 Sep 2009	£201,050	47.83%
	26 Aug 2003	£136,000	First Sale
19 DRAKES CLOSEDetached, Freehold	31 Aug 2007	£174,000	193.67%
19 DRAKES CLOSEDetached, Freehold	30 Apr 1999	£59,250	First Sale
14 DRAKES CLOSESemi-Detached, Freehold	27 Aug 2007	£172,000	First Sale
12 DRAKES CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	10 Jan 2006	£170,000	First Sale
10 DRAKES CLOSEDetached, Freehold	20 Sep 2000	£110,000	First Sale
17 DRAKES CLOSEDetached, Freehold	09 Apr 1998	£56,000	First Sale
21 DRAKES CLOSEDetached, Freehold	06 Feb 1996	£69,000	First Sale
16 DRAKES CLOSEDetached, Freehold	28 Jul 1995	£66,000	First Sale

Check out the sold house prices near the NR16 2JB postcode. Properties currently for saleProperties currently for rent

DRAKES CLOSE, NR16 2JB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR16 2JB 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 NR16 2JB postcode.

Detached
- The average price is around £223,974 median price is £195,000 Standard Deviation is £145,495 with Total Sold: 431
- The Last 5 Year average price is £390,496 with Total Sold: 82
- The most recent sale happened at this postcode is , 20 KENNINGHALL ROAD: £550,000 (Sold on 25 Jun 2024)
- The first recorded sale happened at this postcode is , 53 BREWSTERS: £29,075 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £143,989 median price is £133,000 Standard Deviation is £85,172 with Total Sold: 267
- The Last 5 Year average price is £262,100 with Total Sold: 35
- The most recent sale happened at this postcode is , 74 GARLONDES: £260,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 50 BREWSTERS: £55,975 (Sold on 31 Mar 1995)
Terraced
- The average price is around £122,774 median price is £120,000 Standard Deviation is £71,234 with Total Sold: 312
- The Last 5 Year average price is £209,053 with Total Sold: 46
- The most recent sale happened at this postcode is , 18 WHITE HART STREET: £222,500 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 68 GARLONDES: £37,000 (Sold on 20 Jan 1995)
Other
- The average price is around £211,103 median price is £190,000 Standard Deviation is £152,837 with Total Sold: 16
- The Last 5 Year average price is £239,167 with Total Sold: 9
- The most recent sale happened at this postcode is , 17 MOUNT PLEASANT DRIVE: £411,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , CORNER SHOP MARKET STREET: £140,000 (Sold on 01 Dec 2016)
Flat
- The average price is around £110,000 median price is £110,000 Standard Deviation is £15,000 with Total Sold: 2
- The most recent sale happened at this postcode is 4, KEMPS BARNS GARBOLDISHAM ROAD: £125,000 (Sold on 12 Feb 2007)
- The first recorded sale happened at this postcode is 4, KEMPS BARNS GARBOLDISHAM ROAD: £95,000 (Sold on 30 Apr 2004)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£487,500		2
2023	£405,833	£3,211	6
2022	£416,800	£3,316	15
2021	£430,604	£2,919	24
2020	£337,589	£2,900	19
2019	£350,625	£3,002	16
2018	£346,000	£2,747	21
2017	£331,269	£2,850	13
2016	£305,406	£2,305	16
2015	£255,599	£2,572	18
2014	£298,214	£2,305	14
2013	£198,414	£1,700	7
2012	£177,775	£2,084	8
2011	£198,147	£1,818	17
2010	£206,612	£1,906	13
2009	£163,722	£1,841	12
2008	£190,625	£1,885	10
2007	£269,618	£1,919	19
2006	£199,938	£1,808	16
2005	£192,247	£1,754	16
2004	£213,761	£1,895	9
2003	£183,612	£1,423	8
2002	£132,354	£1,191	12
2001	£111,918	£1,039	19
2000	£98,093	£1,041	16
1999	£85,981	£810	13
1998	£75,226	£571	16
1997	£74,360	£590	18
1996	£68,127	£609	15
1995	£77,585	£779	23

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,333	£4,674	3
2023	£294,071	£2,965	7
2022	£224,167	£3,679	3
2021	£261,812	£3,417	8
2020	£263,000	£2,829	5
2019	£257,222	£2,211	9
2018	£239,833	£2,525	6
2017	£262,571	£2,794	7
2016	£232,750	£2,320	10
2015	£192,722	£2,202	9
2014	£187,000	£2,320	11
2013	£153,925	£2,130	14
2012	£136,990	£2,011	5
2011	£107,850	£1,867	7
2010	£143,944	£1,821	9
2009	£240,000	£1,859	2
2008	£179,750	£2,097	6
2007	£168,261	£2,294	17
2006	£130,850	£2,062	10
2005	£155,500	£1,462	4
2004	£135,468	£1,753	11
2003	£144,895	£1,855	10
2002	£83,358	£1,198	18
2001	£71,480	£1,176	23
2000	£61,917	£972	6
1999	£44,779	£530	7
1998	£54,477	£761	13
1997	£43,444	£663	14
1996	£38,232	£846	8
1995	£48,995	£711	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,500		2
2023	£277,000	£2,757	3
2022	£210,750	£3,606	8
2021	£222,000	£2,642	10
2020	£194,834	£2,535	8
2019	£183,717	£2,648	15
2018	£178,824	£2,374	17
2017	£162,636	£2,662	11
2016	£184,500	£2,203	6
2015	£166,330	£2,157	15
2014	£158,373	£2,263	15
2013	£115,583	£1,764	9
2012	£122,444	£1,973	9
2011	£129,667	£1,902	3
2010	£133,714	£1,803	7
2009	£155,167	£1,778	6
2008	£154,083	£3,081	3
2007	£131,442	£2,106	14
2006	£125,819	£2,100	9
2005	£124,683	£1,808	15
2004	£103,330	£1,786	15
2003	£108,153	£1,428	16
2002	£70,613	£1,228	15
2001	£74,519	£962	13
2000	£46,892	£740	12
1999	£44,908	£670	12
1998	£38,958	£592	6
1997	£41,950	£639	12
1996	£38,654	£602	13
1995	£40,742	£582	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£205,750	£4,281	2
2022	£180,000		1
2021	£308,000	£4,087	3
2020	£212,333	£1,568	3
2018	£200,000	£1,639	1
2017	£177,030	£1,234	5
2016	£140,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£125,000		1
2004	£95,000		1

House Type in NR16 2JB area

The most common house types in the NR16 2JB postcode area are Semi-detached (54), Terraced (50), and Detached (43).

Total	158
Semi-detached	54
Terraced	50
Detached	43
Flat	10
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (58), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan	58
Owned: Owns outright	54
Private rented: Private landlord or letting agency	28
Social rented: Other social rented	10
Private rented: Other private rented	4
Shared ownership: Shared ownership	3
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NR16 2JB have 2 people in household (67), and 1 person in household (55).

2 people in household	67
1 person in household	55
3 people in household	21
4 people in household	12
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0