Housing Market Analysis for PALMER ROAD, NR31 6LE

Are you looking to understand NR31 6LE 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 Great Yarmouth postcode.

For the location information and nearby amenities in the NR31 6LE area, explore the NR31 6LE Area information page.
For comprehensive crime statistics in the NR31 6LE area, explore the NR31 6LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR31 6LE postcode area, The average prices are as follows,

Terraced
- The average price is around £98,685 median price is £87,750 Standard Deviation is £57,113 with Total Sold: 42
- The Last 5 Year average price is £170,214 with Total Sold: 7
- The most recent sale happened at this postcode is 4 PALMER ROAD: £171,500 (Sold on 16 Sep 2022)
- The first recorded sale happened at this postcode is 21 PALMER ROAD: £15,000 (Sold on 01 Feb 1996)
Semi-Detached
- The average price is around £84,750 median price is £84,750 Standard Deviation is £26,750 with Total Sold: 2
- The most recent sale happened at this postcode is 12 PALMER ROAD: £111,500 (Sold on 21 Jan 2011)
- The first recorded sale happened at this postcode is 22 PALMER ROAD: £58,000 (Sold on 04 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NR31 6LE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£188,833	£1,875	3
2021	£172,500	£2,049	2
2020	£139,000	£1,390	1
2019	£141,000	£1,741	1
2018	£202,500	£1,837	2
2017	£118,000	£1,297	1
2016	£185,000	£1,581	1
2015	£133,750	£1,525	2
2014	£100,000	£1,124	1
2012	£140,500	£1,361	2
2011	£80,000	£899	1
2009	£86,000	£804	1
2007	£135,000	£1,247	1
2006	£30,000	£256	1
2005	£92,000	£1,204	2
2004	£120,000	£1,237	1
2003	£88,000	£964	2
2002	£69,712	£757	4
2001	£49,000	£540	4
2000	£44,950	£523	1
1999	£35,333	£366	3
1998	£40,975	£418	2
1996	£26,000	£327	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£111,500	£1,072	1
2002	£58,000	£742	1

All the Sales in the PALMER ROAD, NR31 6LE

See the table below for more details on the sold house prices in the NR31 6LE, Great Yarmouth postcode.

Address	Sold Date	Price	% Change
4 PALMER ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	16 Sep 2022	£171,500	First Sale
1D PALMER ROADTerraced, FreeholdArea: 117 Sq.mtrAge: 2003-2006	12 Aug 2022	£230,000	9.52%
	14 Dec 2018	£210,000	13.51%
	04 Aug 2016	£185,000	18.59%
	10 Oct 2012	£156,000	420.00%
	08 Jun 2006	£30,000	First Sale
18 PALMER ROADTerraced, FreeholdArea: 107 Sq.mtrAge: 1900-1929	30 May 2022	£165,000	91.86%
	20 Nov 2009	£86,000	273.91%
	22 Mar 1996	£23,000	First Sale
10 PALMER ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	22 Dec 2021	£165,000	340.00%
	15 Jun 1998	£37,500	First Sale
6 PALMER ROADTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	15 Oct 2021	£180,000	27.66%
	29 Mar 2019	£141,000	First Sale
19 PALMER ROADTerraced, FreeholdArea: 100 Sq.mtrAge: before 1900	14 Feb 2020	£139,000	First Sale
11 PALMER ROADTerraced, FreeholdArea: 103.79 Sq.mtrAge: before 1900	20 Dec 2018	£195,000	712.50%
	14 Dec 1999	£24,000	First Sale
9 PALMER ROADTerraced, FreeholdArea: 91 Sq.mtrAge: before 1900	29 Sep 2017	£118,000	195.00%
	16 Dec 1996	£40,000	First Sale
14 PALMER ROADTerraced, FreeholdArea: 89 Sq.mtrAge: before 1900	26 Oct 2015	£154,000	54.00%
	19 Aug 2014	£100,000	25.00%
	16 Mar 2011	£80,000	First Sale
2 PALMER ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	02 Feb 2015	£113,500	31.21%
	11 Aug 2003	£86,500	92.22%
	04 May 2001	£45,000	0.11%
	12 May 2000	£44,950	First Sale
3 PALMER ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	25 May 2012	£125,000	157.73%
	30 Mar 2001	£48,500	7.78%
	12 Aug 1999	£45,000	First Sale
12 PALMER ROADSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1900-1929	21 Jan 2011	£111,500	First Sale
16 PALMER ROADTerraced, FreeholdArea: 108.26 Sq.mtrAge: 1900-1929	05 Apr 2007	£135,000	92.99%
	28 Mar 2002	£69,950	19.57%
	08 Jun 2001	£58,500	31.61%
	22 Jul 1998	£44,450	First Sale
24 PALMER ROADTerraced, FreeholdArea: 73.91 Sq.mtrAge: 1900-1929	10 Nov 2005	£89,000	First Sale
21 PALMER ROADTerraced, Freehold	01 Jul 2005	£95,000	533.33%
21 PALMER ROADTerraced, Freehold	01 Feb 1996	£15,000	First Sale
1 PALMER ROADTerraced, FreeholdArea: 97 Sq.mtrAge: before 1900	25 Oct 2004	£120,000	34.08%
	28 Feb 2003	£89,500	First Sale
20 PALMER ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	19 Apr 2002	£65,950	First Sale
22 PALMER ROADSemi-Detached, FreeholdArea: 78.15 Sq.mtrAge: 1900-1929	04 Apr 2002	£58,000	First Sale
8 PALMER ROADTerraced, Freehold	25 Mar 2002	£79,950	First Sale
17 PALMER ROADTerraced, Freehold	22 Feb 2002	£63,000	70.27%
17 PALMER ROADTerraced, Freehold	01 Dec 1999	£37,000	First Sale
23 PALMER ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	23 Mar 2001	£44,000	First Sale

Check out the sold house prices near the NR31 6LE postcode. Properties currently for saleProperties currently for rent

PALMER ROAD, NR31 6LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR31 6LE 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 NR31 6LE postcode.

Terraced
- The average price is around £91,402 median price is £90,000 Standard Deviation is £48,080 with Total Sold: 1,992
- The Last 5 Year average price is £150,929 with Total Sold: 301
- The most recent sale happened at this postcode is , 189 BELLS ROAD: £160,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 47 BLACKWALL REACH: £18,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £85,266 median price is £85,000 Standard Deviation is £37,891 with Total Sold: 146
- The Last 5 Year average price is £114,002 with Total Sold: 66
- The most recent sale happened at this postcode is APARTMENT 6, 54 ENGLANDS LANE: £123,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 21 LOWESTOFT ROAD: £20,000 (Sold on 04 Feb 1995)
Semi-Detached
- The average price is around £114,121 median price is £115,000 Standard Deviation is £57,452 with Total Sold: 655
- The Last 5 Year average price is £184,200 with Total Sold: 102
- The most recent sale happened at this postcode is , 16 SPENCER AVENUE: £240,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 24 EAST ANGLIAN WAY: £33,000 (Sold on 13 Jan 1995)
Other
- The average price is around £331,459 median price is £162,500 Standard Deviation is £820,335 with Total Sold: 74
- The Last 5 Year average price is £331,724 with Total Sold: 40
- The most recent sale happened at this postcode is , PALACE BINGO CLUB HIGH STREET: £385,000 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is , 138B HIGH STREET: £165,000 (Sold on 25 Mar 2014)
Detached
- The average price is around £157,212 median price is £142,475 Standard Deviation is £96,356 with Total Sold: 292
- The Last 5 Year average price is £283,924 with Total Sold: 33
- The most recent sale happened at this postcode is , 87 LOWESTOFT ROAD: £987,500 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , OXENDON SCHOOL LANE: £48,950 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,641	£1,690	20
2023	£152,118	£2,049	38
2022	£170,488	£2,207	59
2021	£150,908	£1,943	67
2020	£143,010	£1,778	50
2019	£138,450	£1,722	67
2018	£134,833	£1,808	73
2017	£130,889	£1,711	64
2016	£117,627	£1,636	65
2015	£115,463	£1,560	75
2014	£101,567	£1,295	60
2013	£98,820	£1,350	51
2012	£104,398	£1,445	44
2011	£99,893	£1,310	29
2010	£106,811	£1,386	32
2009	£109,937	£1,701	40
2008	£115,952	£1,589	43
2007	£116,826	£1,597	90
2006	£102,618	£1,454	81
2005	£101,908	£1,323	86
2004	£89,758	£1,286	85
2003	£80,593	£1,030	72
2002	£63,368	£871	125
2001	£45,397	£633	108
2000	£41,348	£538	95
1999	£37,906	£473	78
1998	£36,394	£440	78
1997	£34,734	£464	79
1996	£31,816	£429	84
1995	£31,604	£437	54

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£106,750	£2,441	4
2023	£135,000	£2,700	1
2022	£102,456	£2,121	18
2021	£127,411	£2,373	14
2020	£118,346	£2,069	12
2019	£112,588	£2,033	17
2018	£89,950	£1,834	10
2017	£75,333	£1,639	3
2016	£82,000	£1,708	1
2015	£87,750	£1,288	2
2014	£77,332	£1,853	6
2013	£77,750	£2,026	2
2012	£48,000	£706	1
2011	£77,000	£2,026	1
2010	£71,249	£1,257	4
2009	£45,875	£810	4
2008	£76,557	£1,779	3
2007	£97,000	£2,419	4
2006	£78,333	£2,115	3
2005	£69,025	£1,110	2
2004	£70,483	£1,292	3
2003	£65,824	£1,324	6
2002	£31,000	£700	2
2001	£37,800	£905	4
2000	£26,000	£317	2
1999	£23,250	£404	4
1998	£34,975	£985	2
1997	£20,250	£487	2
1996	£31,833	£648	3
1995	£27,916	£624	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,333	£4,024	6
2023	£205,045	£2,533	11
2022	£204,474	£2,352	19
2021	£201,997	£2,333	30
2020	£142,667	£2,073	15
2019	£159,429	£1,983	21
2018	£188,525	£1,822	18
2017	£170,204	£1,952	27
2016	£142,759	£1,779	17
2015	£121,200	£1,493	17
2014	£123,213	£1,454	19
2013	£128,381	£1,511	21
2012	£125,916	£1,560	9
2011	£102,000	£1,434	12
2010	£121,441	£1,396	18
2009	£135,537	£1,468	15
2008	£132,094	£1,623	22
2007	£139,172	£1,684	25
2006	£126,792	£1,515	27
2005	£115,447	£1,277	37
2004	£117,736	£1,346	25
2003	£100,468	£1,129	32
2002	£78,835	£1,089	31
2001	£66,298	£881	34
2000	£52,041	£678	17
1999	£55,462	£602	41
1998	£47,215	£606	16
1997	£42,250	£534	23
1996	£37,884	£409	22
1995	£43,396	£546	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,000		4
2023	£96,000	£1,633	2
2022	£109,558		5
2021	£606,540	£3,934	14
2020	£204,086	£3,297	7
2019	£182,125	£3,564	8
2018	£183,214	£1,833	7
2017	£379,885	£1,847	13
2016	£134,667	£2,215	6
2015	£291,667	£2,778	3
2014	£671,000	£5,410	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£410,100	£2,747	5
2022	£285,833	£2,773	6
2021	£268,203	£2,548	16
2020	£213,350	£1,988	5
2019	£246,000	£2,589	1
2018	£273,929	£1,908	7
2017	£190,312	£2,123	8
2016	£205,090	£1,826	11
2015	£197,688	£1,866	8
2014	£152,275	£1,586	10
2013	£141,250	£1,170	4
2012	£193,333	£2,053	3
2011	£158,214	£1,623	7
2010	£178,450	£1,577	10
2009	£198,938	£1,814	8
2008	£147,491	£1,573	6
2007	£208,863	£1,679	18
2006	£159,492	£1,694	18
2005	£169,551	£1,238	14
2004	£130,211	£1,505	9
2003	£132,889	£1,365	19
2002	£123,635	£1,061	10
2001	£82,667	£857	12
2000	£102,266	£870	25
1999	£85,888	£753	24
1998	£65,794	£538	9
1997	£66,449		5
1996	£50,242	£596	6
1995	£56,203	£613	8

House Type in NR31 6LE area

The most common house types in the NR31 6LE postcode area are Terraced (64), Semi-detached (53), and commercial building (10).

Total	139
Terraced	64
Semi-detached	53
commercial building	10
Detached	7
Flat	3
Shared house	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Private rented: Private landlord or letting agency (40).

Owned: Owns outright	53
Private rented: Private landlord or letting agency	40
Owned: Owns with a mortgage or loan	37
Private rented: Other private rented	7
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NR31 6LE have 2 people in household (55), and 1 person in household (41).

2 people in household	55
1 person in household	41
3 people in household	27
4 people in household	13
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0