Housing Market Analysis for FALKLAND WAY, NR31 8RW

Are you looking to understand NR31 8RW 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 8RW area, explore the NR31 8RW Area information page.
For comprehensive crime statistics in the NR31 8RW area, explore the NR31 8RW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR31 8RW postcode area, The average prices are as follows,

Terraced
- The average price is around £119,389 median price is £130,000 Standard Deviation is £41,806 with Total Sold: 5
- The Last 5 Year average price is £150,667 with Total Sold: 3
- The most recent sale happened at this postcode is 49 FALKLAND WAY: £160,000 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is 41 FALKLAND WAY: £52,995 (Sold on 09 Mar 2001)
Detached
- The average price is around £181,037 median price is £193,500 Standard Deviation is £61,716 with Total Sold: 12
- The Last 5 Year average price is £248,499 with Total Sold: 4
- The most recent sale happened at this postcode is 21 FALKLAND WAY: £247,000 (Sold on 25 Sep 2023)
- The first recorded sale happened at this postcode is 37 FALKLAND WAY: £55,000 (Sold on 22 Oct 1999)
Semi-Detached
- The average price is around £91,257 median price is £83,500 Standard Deviation is £42,966 with Total Sold: 21
- The Last 5 Year average price is £155,000 with Total Sold: 1
- The most recent sale happened at this postcode is 33 FALKLAND WAY: £155,000 (Sold on 09 Mar 2020)
- The first recorded sale happened at this postcode is 19 FALKLAND WAY: £57,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NR31 8RW 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
2024	£160,000		1
2023	£162,000	£2,656	1
2020	£130,000	£2,000	1
2003	£91,950	£1,532	1
2001	£52,995	£883	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£247,000	£3,208	2
2022	£285,000	£3,701	1
2019	£214,995	£2,756	1
2018	£195,000	£2,010	1
2017	£195,000	£2,532	1
2016	£192,000	£2,133	1
2013	£124,950		1
2004	£148,500	£1,904	1
2003	£134,000	£1,679	2
1999	£55,000	£705	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£155,000	£2,385	1
2018	£145,000	£2,013	1
2016	£179,500	£2,426	1
2013	£149,000	£1,656	1
2011	£128,500	£1,736	1
2007	£134,000		1
2005	£132,000		1
2004	£104,000	£1,635	1
2003	£89,000	£1,399	1
2002	£89,950	£967	1
2001	£83,500	£928	1
2000	£75,000		1
1998	£48,000		1
1997	£47,250	£628	2
1996	£51,483	£601	3
1995	£51,667	£633	3

All the Sales in the FALKLAND WAY, NR31 8RW

See the table below for more details on the sold house prices in the NR31 8RW, Great Yarmouth postcode.

Address	Sold Date	Price	% Change
49 FALKLAND WAYTerraced, Freehold	21 May 2024	£160,000	First Sale
21 FALKLAND WAYDetached, FreeholdArea: 77 Sq.mtrAge: 1991-1995	25 Sep 2023	£247,000	0.0
	25 Sep 2023	£247,000	-13.33%
	30 Sep 2022	£285,000	46.15%
	19 Jul 2017	£195,000	First Sale
43 FALKLAND WAYTerraced, FreeholdArea: 61 Sq.mtrAge: 1991-1995	02 Jun 2023	£162,000	First Sale
47 FALKLAND WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1967-1975	29 Sep 2020	£130,000	First Sale
33 FALKLAND WAYSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	09 Mar 2020	£155,000	First Sale
37 FALKLAND WAYDetached, FreeholdArea: 78 Sq.mtrAge: 1996-2002	04 Jan 2019	£214,995	44.78%
	01 Jul 2004	£148,500	13.36%
	28 Jul 2003	£131,000	138.18%
	22 Oct 1999	£55,000	First Sale
31 FALKLAND WAYSemi-Detached, FreeholdArea: 72.04 Sq.mtrAge: 1976-1982	23 Apr 2018	£145,000	First Sale
15 FALKLAND WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	05 Jan 2018	£195,000	First Sale
7 FALKLAND WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	20 Oct 2016	£179,500	39.69%
	05 Jul 2011	£128,500	176.34%
	06 May 1997	£46,500	4.49%
	12 Apr 1996	£44,500	First Sale
19 FALKLAND WAYDetached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	20 May 2016	£192,000	236.84%
	24 Feb 1995	£57,000	First Sale
5 FALKLAND WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	07 Jun 2013	£149,000	78.44%
	19 Sep 2001	£83,500	First Sale
39 FALKLAND WAYDetached, Freehold	08 Mar 2013	£124,950	140.29%
39 FALKLAND WAYDetached, Freehold	21 Jul 1995	£52,000	First Sale
29 FALKLAND WAYSemi-Detached, Freehold	14 Sep 2007	£134,000	1.52%
	27 Apr 2005	£132,000	186.96%
	25 Jul 1995	£46,000	First Sale
51 FALKLAND WAYSemi-Detached, FreeholdArea: 63.6 Sq.mtrAge: 1983-1990	28 May 2004	£104,000	16.85%
	04 Jul 2003	£89,000	First Sale
35 FALKLAND WAYDetached, Freehold	28 Nov 2003	£137,000	First Sale
41 FALKLAND WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	26 Jun 2003	£91,950	73.51%
	09 Mar 2001	£52,995	First Sale
3 FALKLAND WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1976-1982	21 Mar 2002	£89,950	First Sale
17 FALKLAND WAYSemi-Detached, Freehold	15 Dec 2000	£75,000	First Sale
27 FALKLAND WAYSemi-Detached, Freehold	13 Mar 1998	£48,000	0.0
27 FALKLAND WAYSemi-Detached, Freehold	12 Dec 1997	£48,000	First Sale
13 FALKLAND WAYSemi-Detached, Freehold	11 Dec 1996	£54,950	-0.09%
13 FALKLAND WAYSemi-Detached, Freehold	14 Jun 1996	£55,000	First Sale

Check out the sold house prices near the NR31 8RW postcode. Properties currently for saleProperties currently for rent

FALKLAND WAY, NR31 8RW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR31 8RW 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 8RW postcode.

Detached
- The average price is around £178,680 median price is £170,000 Standard Deviation is £95,613 with Total Sold: 738
- The Last 5 Year average price is £296,303 with Total Sold: 144
- The most recent sale happened at this postcode is , 7A LONG LANE: £510,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 37 - 39 CHURCH LANE: £37,000 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £121,790 median price is £125,000 Standard Deviation is £61,490 with Total Sold: 1,024
- The Last 5 Year average price is £208,330 with Total Sold: 168
- The most recent sale happened at this postcode is , 14 LUCERNE ROAD: £192,500 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 21 LARCH DRIVE: £52,450 (Sold on 27 Jan 1995)
Terraced
- The average price is around £104,570 median price is £107,500 Standard Deviation is £48,337 with Total Sold: 482
- The Last 5 Year average price is £167,163 with Total Sold: 89
- The most recent sale happened at this postcode is , 188 BECCLES ROAD: £148,000 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 5 SCHOOL CORNER: £28,350 (Sold on 27 Feb 1995)
Flat
- The average price is around £81,450 median price is £79,750 Standard Deviation is £36,084 with Total Sold: 10
- The Last 5 Year average price is £120,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 87 ORIEL AVENUE: £125,000 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is , 2 GABLEHURST COURT: £51,000 (Sold on 29 Jun 1998)
Other
- The average price is around £457,250 median price is £210,000 Standard Deviation is £630,939 with Total Sold: 8
- The Last 5 Year average price is £262,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 11 PINECOT AVENUE: £485,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is , 2 MILL LANE: £235,000 (Sold on 17 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,062	£3,644	8
2023	£366,231	£3,323	13
2022	£363,304	£3,435	24
2021	£285,905	£2,757	42
2020	£255,551	£2,780	37
2019	£240,175	£2,734	20
2018	£232,794	£2,377	17
2017	£240,248	£2,233	20
2016	£232,212	£2,492	21
2015	£205,607	£2,093	22
2014	£204,722	£1,920	20
2013	£191,108	£1,805	23
2012	£182,893	£1,871	14
2011	£192,590	£1,948	27
2010	£193,704	£1,929	22
2009	£190,606	£1,781	15
2008	£211,625	£1,832	8
2007	£218,716	£2,179	25
2006	£186,189	£1,745	35
2005	£199,671	£1,644	13
2004	£158,166	£1,528	46
2003	£142,978	£1,442	43
2002	£116,479	£1,283	41
2001	£89,405	£999	30
2000	£86,502	£723	25
1999	£69,411	£740	28
1998	£69,805	£575	20
1997	£65,230	£575	31
1996	£67,237	£619	23
1995	£57,584	£496	25

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£233,969	£2,952	16
2023	£229,471	£3,164	17
2022	£235,659	£3,378	22
2021	£205,021	£2,763	47
2020	£196,459	£2,673	37
2019	£181,569	£2,550	29
2018	£168,435	£2,257	23
2017	£166,538	£2,293	33
2016	£156,333	£2,182	33
2015	£150,962	£2,073	28
2014	£147,788	£2,042	27
2013	£140,916	£1,925	27
2012	£129,064	£1,884	27
2011	£132,100	£1,862	25
2010	£145,499	£1,992	20
2009	£138,709	£1,624	27
2008	£144,588	£1,729	17
2007	£148,872	£2,005	41
2006	£134,032	£1,816	41
2005	£129,668	£1,618	35
2004	£133,969	£1,665	39
2003	£105,398	£1,379	41
2002	£85,481	£1,213	57
2001	£72,371	£892	43
2000	£60,810	£789	47
1999	£49,152	£677	51
1998	£49,177	£695	42
1997	£48,012	£613	41
1996	£46,345	£602	45
1995	£45,877	£612	46

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,333		3
2023	£178,000	£2,448	14
2022	£186,000	£2,693	7
2021	£167,268	£2,487	28
2020	£164,250	£2,355	24
2019	£150,231	£1,980	13
2018	£134,906	£2,123	16
2017	£147,705	£2,114	11
2016	£123,310	£1,773	24
2015	£114,769	£1,766	13
2014	£115,722	£1,612	18
2013	£107,367	£1,575	9
2012	£105,499	£1,606	8
2011	£122,722	£1,596	9
2010	£110,050	£1,749	10
2009	£103,370	£1,419	10
2008	£121,464	£1,494	14
2007	£126,345	£1,723	21
2006	£116,398	£1,601	23
2005	£115,230	£1,637	15
2004	£109,750	£1,503	17
2003	£87,790	£1,218	23
2002	£75,119	£1,011	23
2001	£60,515	£924	22
2000	£47,170	£682	22
1999	£42,268	£587	19
1998	£41,403	£610	15
1997	£42,433	£599	26
1996	£38,154	£533	12
1995	£33,250	£506	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,000	£1,953	1
2022	£115,000	£2,054	1
2010	£79,500	£1,691	1
2009	£128,000		1
2007	£80,000		1
2006	£118,000		1
1999	£39,332	£750	3
1998	£51,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£279,667	£5,575	3
2019	£210,000	£2,639	1
2017	£1,154,500	£12,973	2
2016	£65,000	£812	1
2015	£235,000		1

House Type in NR31 8RW area

The most common house types in the NR31 8RW postcode area are Semi-detached (68), Detached (44), and Terraced (14).

Total	135
Semi-detached	68
Detached	44
Terraced	14
Flat	9
Shared house	0
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 outright (52), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	52
Owned: Owns with a mortgage or loan	50
Social rented: Rents from council or Local Authority	10
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	9
Private rented: Other private rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NR31 8RW have 2 people in household (52), and 1 person in household (46).

2 people in household	52
1 person in household	46
3 people in household	15
4 people in household	15
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0