Housing Market Analysis for NEW CUT BANK ROAD, NR31 9HY

Are you looking to understand NR31 9HY 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 NR31 9HY area, explore the NR31 9HY Area information page.
For comprehensive crime statistics in the NR31 9HY area, explore the NR31 9HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR31 9HY postcode area, The average prices are as follows,

  • Detached
    • The average price is around £271,333 median price is £220,000 Standard Deviation is £99,147 with Total Sold: 3
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SPINNAKERS RIVERSIDE NEW CUT BANK ROAD: £410,000 (Sold on 17 Jun 2021)
    • The first recorded sale happened at this postcode is SPINNAKERS RIVERSIDE NEW CUT BANK ROAD: £220,000 (Sold on 24 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NR31 9HY 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
2021£410,000 £1,571 1
2018£184,000 £705 1
2003£220,000 £843 1

All the Sales in the NEW CUT BANK ROAD, NR31 9HY

See the table below for more details on the sold house prices in the NR31 9HY, South Norfolk postcode.

AddressSold DatePrice% Change
SPINNAKERS RIVERSIDE NEW CUT BANK ROADDetached, FreeholdArea: 261 Sq.mtrAge: before 190017 Jun 2021£410,000122.83%
10 May 2018£184,000-16.36%
24 Oct 2003£220,000First Sale

Check out the sold house prices near the NR31 9HY postcode. Properties currently for saleProperties currently for rent

NEW CUT BANK ROAD, NR31 9HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR31 9HY 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 9HY postcode.

  • Detached
    • The average price is around £271,333 median price is £220,000 Standard Deviation is £99,147 with Total Sold: 3
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SPINNAKERS RIVERSIDE NEW CUT BANK ROAD: £410,000 (Sold on 17 Jun 2021)
    • The first recorded sale happened at this postcode is , SPINNAKERS RIVERSIDE NEW CUT BANK ROAD: £220,000 (Sold on 24 Oct 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£410,000 £1,571 1
2018£184,000 £705 1
2003£220,000 £843 1

House Type in NR31 9HY area

The most common house types in the NR31 9HY postcode area are Detached (97), Semi-detached (39), and Terraced (22).

Total161
Detached97
Semi-detached39
Terraced22
Shared house2
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright85
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency12
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR31 9HY have 2 people in household (87), and 1 person in household (35).

2 people in household87
1 person in household35
3 people in household20
4 people in household15
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0