Housing Market Analysis for PALMER CLOSE, NR3 3RX

Are you looking to understand NR3 3RX 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 3RX area, explore the NR3 3RX Area information page.
For comprehensive crime statistics in the NR3 3RX area, explore the NR3 3RX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR3 3RX postcode area, The average prices are as follows,

  • Flat
    • The average price is around £78,040 median price is £84,000 Standard Deviation is £42,065 with Total Sold: 5
    • The Last 5 Year average price is £119,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 16 PALMER CLOSE: £134,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 16 PALMER CLOSE: £11,200 (Sold on 17 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average NR3 3RX 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£134,000 £2,393 1
2021£105,000 £1,875 1
2013£56,000 £1,018 1
2006£84,000 £1,500 1
2001£11,200 £200 1

All the Sales in the PALMER CLOSE, NR3 3RX

See the table below for more details on the sold house prices in the NR3 3RX, Norwich postcode.

AddressSold DatePrice% Change
16 PALMER CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1950-196631 Mar 2023£134,00027.62%
22 Apr 2021£105,00025.00%
27 Nov 2006£84,000650.00%
17 Dec 2001£11,200First Sale
27 PALMER CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-196628 Jan 2013£56,000First Sale

Check out the sold house prices near the NR3 3RX postcode. Properties currently for saleProperties currently for rent

PALMER CLOSE, NR3 3RX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR3 3RX 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 3RX postcode.

  • Terraced
    • The average price is around £124,234 median price is £122,360 Standard Deviation is £72,211 with Total Sold: 954
    • The Last 5 Year average price is £197,540 with Total Sold: 144
    • The most recent sale happened at this postcode is , 87 GEORGE POPE ROAD: £220,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 HARMER ROAD: £33,500 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £172,449 median price is £170,000 Standard Deviation is £86,827 with Total Sold: 167
    • The Last 5 Year average price is £283,851 with Total Sold: 25
    • The most recent sale happened at this postcode is , 6 OLD GROVE COURT: £515,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 102 BAXTER COURT: £56,950 (Sold on 31 Oct 1995)
  • Flat
    • The average price is around £79,253 median price is £84,000 Standard Deviation is £35,602 with Total Sold: 835
    • The Last 5 Year average price is £121,058 with Total Sold: 151
    • The most recent sale happened at this postcode is , 5 BENTLEY WAY: £133,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 THE GROVE: £13,750 (Sold on 18 Jan 1995)
  • Semi-Detached
    • The average price is around £128,417 median price is £124,950 Standard Deviation is £68,010 with Total Sold: 681
    • The Last 5 Year average price is £217,219 with Total Sold: 103
    • The most recent sale happened at this postcode is , 6 PHILADELPHIA LANE: £270,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 173 WOODCOCK ROAD: £34,000 (Sold on 15 Mar 1995)
  • Other
    • The average price is around £741,704 median price is £152,000 Standard Deviation is £1,232,226 with Total Sold: 24
    • The Last 5 Year average price is £911,521 with Total Sold: 14
    • The most recent sale happened at this postcode is , 4 - 7 MASON ROAD: £2,000,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 1D COPENHAGEN WAY: £93,000 (Sold on 18 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,536 £2,277 14
2023£198,950 £2,769 20
2022£212,974 £2,776 35
2021£193,758 £2,696 37
2020£180,172 £2,250 20
2019£179,040 £2,179 18
2018£164,093 £2,097 29
2017£160,963 £2,062 31
2016£157,446 £2,106 44
2015£146,838 £1,809 34
2014£146,442 £1,738 32
2013£124,002 £1,431 30
2012£128,352 £1,399 21
2011£118,889 £1,550 28
2010£119,200 £1,571 15
2009£126,520 £1,363 25
2008£188,917 £2,819 24
2007£139,413 £1,809 61
2006£130,854 £1,712 61
2005£124,964 £1,571 46
2004£128,840 £1,488 49
2003£100,422 £1,391 45
2002£83,260 £1,146 29
2001£60,314 £762 43
2000£47,775 £686 35
1999£41,432 £581 31
1998£37,143 £560 23
1997£34,590 £534 37
1996£36,765 £457 18
1995£34,855 £609 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£515,0001
2023£273,779 £2,966 5
2022£299,357 £2,557 7
2021£301,667 £3,164 3
2020£305,000 £2,748 1
2019£238,359 £2,130 8
2018£237,400 £2,262 5
2017£204,250 £2,281 4
2016£206,250 £2,101 4
2015£215,000 £2,272 2
2014£201,700 £1,816 5
2013£198,000 £1,760 3
2011£153,167 £1,400 3
2010£225,665 £1,586 3
2009£236,317 £1,401 3
2008£175,000 £1,620 4
2007£199,281 £1,975 14
2006£210,171 £1,906 11
2005£186,612 £1,640 8
2004£142,680 £1,652 10
2003£152,582 £1,512 14
2002£119,361 £1,372 9
2001£107,136 £1,159 11
2000£85,950 £828 5
1999£71,443 £803 7
1998£41,612 £583 4
1997£65,019 £647 8
1996£47,500 £581 2
1995£57,950 £777 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,143 £2,514 7
2023£131,192 £2,562 31
2022£131,500 £2,715 20
2021£115,982 £2,322 28
2020£116,299 £2,344 43
2019£109,523 £2,262 22
2018£107,911 £2,214 28
2017£107,864 £2,127 33
2016£102,879 £2,086 29
2015£101,467 £1,969 23
2014£86,331 £1,796 31
2013£77,971 £1,769 19
2012£75,945 £1,738 10
2011£82,461 £1,626 14
2010£78,208 £1,585 19
2009£71,121 £1,521 12
2008£101,045 £2,001 22
2007£98,542 £2,148 32
2006£95,131 £2,009 40
2005£86,698 £1,746 31
2004£78,783 £1,628 42
2003£70,059 £1,537 32
2002£64,909 £1,401 44
2001£42,553 £939 61
2000£36,207 £734 34
1999£30,042 £646 41
1998£29,243 £616 21
1997£25,695 £577 22
1996£24,711 £524 22
1995£24,075 £514 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,125 £2,708 8
2023£229,778 £2,890 18
2022£225,535 £2,814 10
2021£216,795 £2,693 28
2020£206,000 £2,395 18
2019£199,000 £2,319 21
2018£198,111 £2,517 18
2017£184,571 £2,173 14
2016£168,946 £2,082 13
2015£161,100 £1,971 15
2014£151,980 £1,798 23
2013£166,750 £1,711 14
2012£136,227 £1,573 13
2011£131,770 £1,701 22
2010£130,718 £1,589 19
2009£121,073 £1,451 13
2008£139,481 £1,566 17
2007£154,162 £1,856 42
2006£141,855 £1,691 44
2005£129,010 £1,639 35
2004£121,008 £1,438 31
2003£125,265 £1,705 27
2002£86,890 £1,077 31
2001£66,039 £868 43
2000£57,434 £680 22
1999£49,246 £616 50
1998£59,645 £616 35
1997£44,634 £570 16
1996£47,384 £587 13
1995£43,062 £434 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,120,000 £3,871 2
2022£968,000 £2,310 3
2021£522,700 £1,070 5
2020£280,0001
2019£1,574,600 £815 3
2018£139,1673
2017£8,050 £176 2
2016£1,128,250 £70 4
2013£93,000 £1,148 1

House Type in NR3 3RX area

The most common house types in the NR3 3RX postcode area are Flat (101), Terraced (43), and Semi-detached (34).

Total184
Flat101
Terraced43
Semi-detached34
Detached6
Shared house0
converted building0
commercial building0
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 (93), and Owned: Owns with a mortgage or loan (28).

Social rented: Rents from council or Local Authority93
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency23
Social rented: Other social rented20
Owned: Owns outright17
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NR3 3RX have 1 person in household (75), and 2 people in household (57).

1 person in household75
2 people in household57
3 people in household21
4 people in household19
5 people in household6
7 people in household4
6 people in household3
0 people in household0
8 or more people in household0