Housing Market Analysis for MAGDALEN CLOSE, NR3 1NE

Are you looking to understand NR3 1NE 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 Norwich postcode.

For the location information and nearby amenities in the NR3 1NE area, explore the NR3 1NE Area information page.
For comprehensive crime statistics in the NR3 1NE area, explore the NR3 1NE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR3 1NE postcode area, The average prices are as follows,

  • Flat
    • The average price is around £100,403 median price is £122,500 Standard Deviation is £45,382 with Total Sold: 8
    • The Last 5 Year average price is £140,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 48 MAGDALEN CLOSE: £128,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 18 MAGDALEN CLOSE: £22,225 (Sold on 21 Nov 1997)
  • Terraced
    • The average price is around £91,667 median price is £122,500 Standard Deviation is £45,384 with Total Sold: 3
    • The most recent sale happened at this postcode is 1B MAGDALEN CLOSE: £122,500 (Sold on 17 Jan 2017)
    • The first recorded sale happened at this postcode is 30 MAGDALEN CLOSE: £27,500 (Sold on 12 Jan 1999)
  • Semi-Detached
    • The average price is around £50,750 median price is £50,750 Standard Deviation is £22,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 MAGDALEN CLOSE: £73,000 (Sold on 22 Jul 2005)
    • The first recorded sale happened at this postcode is 10 MAGDALEN CLOSE: £28,500 (Sold on 24 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average NR3 1NE 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£128,000 £2,207 1
2022£155,000 £2,627 1
2019£139,000 £2,356 1
2018£122,500 £2,341 2
2003£70,000 £1,168 1
2000£44,000 £734 1
1997£22,225 £371 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£122,500 £3,603 1
2014£125,000 £3,289 1
1999£27,500 £509 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£73,000 £1,553 1
2000£28,500 £606 1

All the Sales in the MAGDALEN CLOSE, NR3 1NE

See the table below for more details on the sold house prices in the NR3 1NE, Norwich postcode.

AddressSold DatePrice% Change
48 MAGDALEN CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1930-194928 Jul 2023£128,000First Sale
34 MAGDALEN CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1930-194931 May 2022£155,00011.51%
28 Aug 2019£139,000First Sale
18 MAGDALEN CLOSEFlat, LeaseholdArea: 59.92 Sq.mtrAge: 1930-194921 Nov 2018£127,50082.14%
10 Jan 2003£70,00059.09%
31 Jul 2000£44,00097.98%
21 Nov 1997£22,225First Sale
37 MAGDALEN CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1930-194928 Mar 2018£117,500First Sale
1B MAGDALEN CLOSETerraced, FreeholdArea: 34 Sq.mtr17 Jan 2017£122,500First Sale
1A MAGDALEN CLOSETerraced, FreeholdArea: 38 Sq.mtr22 Jul 2014£125,000First Sale
10 MAGDALEN CLOSESemi-Detached, LeaseholdArea: 47 Sq.mtrAge: 1930-194922 Jul 2005£73,000156.14%
24 Mar 2000£28,500First Sale
30 MAGDALEN CLOSETerraced, LeaseholdArea: 54 Sq.mtrAge: 1930-194912 Jan 1999£27,500First Sale

Check out the sold house prices near the NR3 1NE postcode. Properties currently for saleProperties currently for rent

MAGDALEN CLOSE, NR3 1NE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR3 1NE 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 NR3 1NE postcode.

  • Terraced
    • The average price is around £120,774 median price is £118,500 Standard Deviation is £72,687 with Total Sold: 5,457
    • The Last 5 Year average price is £211,985 with Total Sold: 821
    • The most recent sale happened at this postcode is , 36 BEACONSFIELD ROAD: £240,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 66 HEATH ROAD: £35,000 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £116,478 median price is £114,500 Standard Deviation is £65,744 with Total Sold: 881
    • The Last 5 Year average price is £159,508 with Total Sold: 164
    • The most recent sale happened at this postcode is FLAT 11, 122 - 122A MAGDALEN STREET: £149,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is 17, SHERWYN HOUSE, 61 ST GEORGES STREET: £43,000 (Sold on 26 Jan 1995)
  • Semi-Detached
    • The average price is around £120,237 median price is £110,000 Standard Deviation is £82,934 with Total Sold: 686
    • The Last 5 Year average price is £222,919 with Total Sold: 89
    • The most recent sale happened at this postcode is , 76 BULL CLOSE ROAD: £170,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 MOUSEHOLD AVENUE: £59,000 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £190,016 median price is £151,000 Standard Deviation is £127,643 with Total Sold: 132
    • The Last 5 Year average price is £325,719 with Total Sold: 16
    • The most recent sale happened at this postcode is , 41 ST GEORGES STREET: £345,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 73A SILVER ROAD: £32,000 (Sold on 03 Mar 1995)
  • Other
    • The average price is around £272,616 median price is £190,000 Standard Deviation is £312,353 with Total Sold: 95
    • The Last 5 Year average price is £304,059 with Total Sold: 60
    • The most recent sale happened at this postcode is , 5 ST AUGUSTINES STREET: £70,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , THE LEOPARD PUBLIC HOUSE BULL CLOSE ROAD: £169,498 (Sold on 06 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,193 £3,069 49
2023£233,607 £3,220 116
2022£239,022 £3,072 157
2021£211,291 £2,772 193
2020£189,906 £2,565 136
2019£187,483 £2,476 170
2018£184,188 £2,382 163
2017£173,177 £2,383 147
2016£166,125 £2,194 178
2015£166,760 £2,137 198
2014£149,681 £2,004 206
2013£139,406 £1,829 171
2012£131,924 £1,800 158
2011£122,421 £1,644 158
2010£126,092 £1,666 134
2009£127,973 £1,609 122
2008£144,154 £1,787 105
2007£152,129 £1,998 216
2006£130,938 £1,797 233
2005£122,270 £1,647 202
2004£113,251 £1,529 191
2003£108,515 £1,418 222
2002£83,892 £1,117 252
2001£63,498 £876 268
2000£53,225 £737 220
1999£43,838 £595 261
1998£38,957 £528 214
1997£35,880 £480 231
1996£33,530 £446 220
1995£32,249 £440 166
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,938 £3,283 16
2023£162,567 £3,047 26
2022£164,757 £2,877 35
2021£162,977 £2,696 32
2020£150,516 £2,847 22
2019£160,742 £2,742 33
2018£144,646 £2,568 37
2017£134,795 £2,549 30
2016£120,816 £2,470 49
2015£139,253 £2,399 66
2014£126,598 £2,193 32
2013£106,714 £1,902 16
2012£114,697 £1,939 15
2011£103,304 £1,755 13
2010£128,031 £1,667 16
2009£108,877 £1,740 15
2008£166,031 £1,895 16
2007£140,251 £2,573 49
2006£136,517 £2,116 47
2005£113,966 £2,034 40
2004£123,418 £1,778 35
2003£98,015 £1,507 43
2002£101,308 £1,592 31
2001£60,028 £1,061 29
2000£51,457 £940 33
1999£36,183 £713 21
1998£39,477 £716 26
1997£35,953 £663 22
1996£38,312 £616 20
1995£30,409 £565 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,2005
2023£211,979 £3,018 12
2022£217,446 £3,176 13
2021£216,452 £2,918 27
2020£265,385 £2,764 13
2019£225,474 £2,637 19
2018£213,850 £2,321 15
2017£181,195 £2,421 20
2016£190,357 £2,241 7
2015£253,200 £2,255 5
2014£148,050 £2,061 9
2013£150,250 £1,909 4
2012£155,125 £2,049 4
2011£134,339 £1,721 19
2010£128,130 £1,727 20
2009£121,571 £1,744 7
2008£177,423 £1,976 13
2007£171,644 £2,048 57
2006£137,491 £1,918 36
2005£126,876 £1,720 42
2004£122,963 £1,610 27
2003£103,929 £1,350 29
2002£80,300 £1,092 40
2001£68,107 £939 35
2000£58,390 £784 66
1999£46,409 £603 70
1998£47,437 £586 42
1997£44,896 £555 19
1996£37,336 £457 7
1995£46,250 £483 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,7502
2023£325,000 £5,328 1
2022£330,250 £3,356 4
2021£346,400 £3,545 5
2020£320,000 £2,759 1
2019£320,000 £3,264 3
2018£294,000 £3,126 3
2017£428,500 £2,019 2
2016£310,849 £2,763 5
2015£148,250 £2,244 2
2014£238,000 £1,545 1
2013£400,000 £2,787 2
2012£292,500 £2,609 2
2011£175,916 £2,544 4
2010£189,333 £2,226 6
2009£227,999 £2,129 5
2008£317,000 £2,288 2
2007£290,000 £2,207 5
2006£191,343 £1,706 7
2005£178,750 £2,433 10
2004£214,542 £1,113 6
2003£148,387 £1,683 10
2002£113,981 £1,248 8
2001£69,050 £958 5
2000£60,083 £555 6
1999£80,983 £734 3
1998£78,525 £584 4
1997£111,244 £745 8
1996£71,025 £574 5
1995£55,300 £549 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,179,5942
2023£231,906 £3,185 8
2022£278,810 £2,591 21
2021£346,318 £2,212 11
2020£267,688 £1,841 8
2019£222,311 £6,648 10
2018£195,226 £2,120 11
2017£219,654 £1,781 13
2016£200,250 £2,193 2
2015£265,600 £2,576 5
2014£251,333 £2,767 3
2013£169,4981

House Type in NR3 1NE area

The most common house types in the NR3 1NE postcode area are Flat (100), Terraced (29), and commercial building (11).

Total157
Flat100
Terraced29
commercial building11
Semi-detached8
Shared house4
converted building4
Detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (66), and Private rented: Private landlord or letting agency (43).

Social rented: Rents from council or Local Authority66
Private rented: Private landlord or letting agency43
Social rented: Other social rented26
Owned: Owns with a mortgage or loan16
Owned: Owns outright5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR3 1NE have 1 person in household (97), and 2 people in household (42).

1 person in household97
2 people in household42
3 people in household14
4 people in household8
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0