Housing Market Analysis for OLIVE CLOSE, NR5 0AR

Are you looking to understand NR5 0AR 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 NR5 0AR area, explore the NR5 0AR Area information page.
For comprehensive crime statistics in the NR5 0AR area, explore the NR5 0AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR5 0AR postcode area, The average prices are as follows,

  • Detached
    • The average price is around £190,645 median price is £202,475 Standard Deviation is £96,140 with Total Sold: 10
    • The Last 5 Year average price is £328,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 OLIVE CLOSE: £395,000 (Sold on 04 May 2022)
    • The first recorded sale happened at this postcode is 7 OLIVE CLOSE: £54,000 (Sold on 11 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NR5 0AR 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
2022£395,000 £3,924 1
2019£262,500 £2,949 1
2018£230,000 £2,421 1
2014£230,000 £1,983 1
2012£235,000 £2,334 1
2004£136,5001
2003£174,950 £2,034 1
2001£94,250 £1,018 2
1995£54,0001

All the Sales in the OLIVE CLOSE, NR5 0AR

See the table below for more details on the sold house prices in the NR5 0AR, South Norfolk postcode.

AddressSold DatePrice% Change
8 OLIVE CLOSEDetached, FreeholdArea: 100.67 Sq.mtrAge: 1967-197504 May 2022£395,00068.09%
12 Mar 2012£235,000154.05%
20 Jul 2001£92,500First Sale
3 OLIVE CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1950-196620 Dec 2019£262,500First Sale
1 OLIVE CLOSEDetached, FreeholdArea: 95 Sq.mtrAge: 1950-196621 Sep 2018£230,000First Sale
4 OLIVE CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1950-196603 Jan 2014£230,000First Sale
2 OLIVE CLOSEDetached, Freehold21 Jun 2004£136,500First Sale
6 OLIVE CLOSEDetached, FreeholdArea: 86 Sq.mtrAge: 1950-196628 Jul 2003£174,95082.24%
03 Apr 2001£96,000First Sale
7 OLIVE CLOSEDetached, Freehold11 Jul 1995£54,000First Sale

Check out the sold house prices near the NR5 0AR postcode. Properties currently for saleProperties currently for rent

OLIVE CLOSE, NR5 0AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR5 0AR 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 NR5 0AR postcode.

  • Semi-Detached
    • The average price is around £134,610 median price is £134,950 Standard Deviation is £70,584 with Total Sold: 583
    • The Last 5 Year average price is £247,703 with Total Sold: 74
    • The most recent sale happened at this postcode is , 9 SUNNY CLOSE: £280,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 MARGARET ROAD: £50,000 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £178,905 median price is £172,500 Standard Deviation is £106,460 with Total Sold: 611
    • The Last 5 Year average price is £303,340 with Total Sold: 111
    • The most recent sale happened at this postcode is , 7 THE DRIVE: £362,500 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 274 NORWICH ROAD: £80,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £116,644 median price is £123,000 Standard Deviation is £57,126 with Total Sold: 293
    • The Last 5 Year average price is £200,644 with Total Sold: 47
    • The most recent sale happened at this postcode is , 74 NORWICH ROAD: £227,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 15 CAMBORNE CLOSE: £38,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £357,400 median price is £270,000 Standard Deviation is £200,866 with Total Sold: 5
    • The Last 5 Year average price is £432,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2D OVAL ROAD: £160,000 (Sold on 02 Oct 2023)
    • The first recorded sale happened at this postcode is , 92 NORWICH ROAD: £270,000 (Sold on 01 Dec 2017)
  • Flat
    • The average price is around £80,052 median price is £80,000 Standard Deviation is £34,189 with Total Sold: 25
    • The Last 5 Year average price is £116,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , 87 WOODHILL RISE: £153,000 (Sold on 07 Sep 2023)
    • The first recorded sale happened at this postcode is , 129 KNOWLAND GROVE: £20,800 (Sold on 18 Jun 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,3577
2023£273,094 £3,209 10
2022£271,754 £3,271 12
2021£235,848 £2,810 23
2020£214,182 £2,956 11
2019£233,364 £2,886 11
2018£222,375 £2,956 20
2017£187,608 £2,542 18
2016£196,498 £2,686 21
2015£159,808 £2,202 22
2014£169,259 £2,321 23
2013£151,852 £2,206 18
2012£147,000 £1,849 19
2011£141,171 £1,793 19
2010£144,131 £2,218 11
2009£133,571 £1,659 14
2008£160,036 £1,874 14
2007£146,260 £1,709 24
2006£138,948 £1,707 28
2005£131,422 £1,703 25
2004£122,964 £1,583 19
2003£115,916 £1,389 28
2002£86,314 £1,145 25
2001£74,388 £1,063 20
2000£62,915 £889 22
1999£53,609 £829 28
1998£47,215 £649 23
1997£45,364 £572 25
1996£43,599 £595 26
1995£42,971 £587 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,938 £5,894 8
2023£337,179 £3,227 14
2022£292,333 £3,184 15
2021£292,764 £3,353 36
2020£340,070 £2,613 18
2019£267,650 £2,869 20
2018£269,693 £2,723 27
2017£274,394 £2,702 17
2016£244,646 £2,350 24
2015£221,494 £2,325 16
2014£201,802 £2,142 19
2013£176,478 £1,991 23
2012£182,197 £1,898 15
2011£178,622 £1,918 20
2010£175,350 £2,002 10
2009£169,893 £1,971 14
2008£163,865 £2,055 13
2007£197,219 £1,977 24
2006£176,619 £1,728 24
2005£153,893 £1,718 22
2004£159,918 £1,673 25
2003£168,254 £1,544 25
2002£104,728 £1,216 25
2001£101,777 £1,006 21
2000£84,635 £1,044 20
1999£62,312 £654 24
1998£63,395 £727 22
1997£60,195 £585 32
1996£50,208 £572 18
1995£54,360 £601 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,800 £2,806 5
2023£226,917 £2,840 6
2022£222,833 £2,741 9
2021£211,833 £2,796 9
2020£170,200 £2,115 5
2019£171,288 £2,369 13
2018£163,250 £2,705 4
2017£161,750 £2,209 6
2016£161,045 £1,953 10
2015£137,361 £1,704 9
2014£133,409 £1,713 11
2013£131,140 £1,924 5
2012£124,609 £1,640 11
2011£134,625 £1,733 8
2010£123,083 £1,721 6
2009£99,9501
2008£124,158 £1,638 6
2007£140,490 £1,935 10
2006£127,497 £1,760 21
2005£123,742 £1,610 19
2004£119,165 £1,448 16
2003£96,586 £1,314 11
2002£86,691 £1,019 12
2001£67,785 £909 14
2000£52,423 £627 9
1999£41,666 £526 16
1998£40,643 £608 7
1997£38,481 £504 13
1996£37,257 £491 16
1995£42,160 £547 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£432,333 £5,554 3
2018£220,000 £2,056 1
2017£270,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£153,000 £2,040 1
2022£120,000 £2,068 2
2021£100,000 £1,724 1
2020£110,000 £2,616 1
2019£95,000 £2,021 1
2017£96,790 £1,374 4
2016£74,750 £1,575 2
2014£82,500 £1,755 1
2013£62,000 £838 1
2010£71,000 £1,190 2
2007£87,500 £1,862 1
2005£74,000 £1,000 1
2004£60,050 £945 2
2002£50,625 £902 2
2001£52,500 £792 1
2000£24,0001
1999£20,800 £443 1

House Type in NR5 0AR area

The most common house types in the NR5 0AR postcode area are Detached (74), Semi-detached (56), and Terraced (2).

Total133
Detached74
Semi-detached56
Terraced2
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright80
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR5 0AR have 2 people in household (71), and 1 person in household (31).

2 people in household71
1 person in household31
3 people in household21
4 people in household8
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0