Housing Market Analysis for THE DRIVE, NR5 0EF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £226,342 median price is £290,000 Standard Deviation is £148,237 with Total Sold: 13
    • The Last 5 Year average price is £372,375 with Total Sold: 4
    • 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 9 THE DRIVE: £45,000 (Sold on 06 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NR5 0EF 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
2024£362,5001
2023£450,000 £2,027 1
2022£290,000 £3,118 1
2021£387,000 £2,048 1
2018£365,000 £1,534 1
2015£325,000 £1,916 2
2009£132,000 £2,237 1
1999£99,950 £787 1
1998£57,000 £600 2
1997£46,000 £289 2

All the Sales in the THE DRIVE, NR5 0EF

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

AddressSold DatePrice% Change
7 THE DRIVEDetached, Freehold30 Aug 2024£362,500671.28%
23 Jan 1997£47,000First Sale
8A THE DRIVEDetached, FreeholdArea: 222 Sq.mtrAge: 1950-196618 Aug 2023£450,000First Sale
4 THE DRIVEDetached, FreeholdArea: 93 Sq.mtrAge: 1930-194921 Mar 2022£290,000First Sale
8 THE DRIVEDetached, FreeholdArea: 189 Sq.mtrAge: 1930-194907 Jun 2021£387,000First Sale
9 THE DRIVEDetached, FreeholdArea: 238 Sq.mtrAge: 1930-194919 Nov 2018£365,0004.29%
04 Sep 2015£350,000677.78%
06 Jan 1997£45,000First Sale
10 THE DRIVEDetached, FreeholdArea: 127 Sq.mtrAge: 1930-194906 Aug 2015£300,000200.15%
03 Mar 1999£99,950First Sale
1 THE DRIVEDetached, FreeholdArea: 59 Sq.mtrAge: 1967-197522 Sep 2009£132,000First Sale
9A THE DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-199029 May 1998£54,000First Sale
5 THE DRIVEDetached, Freehold29 Apr 1998£60,000First Sale

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

THE DRIVE, NR5 0EF Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £130,041 median price is £130,000 Standard Deviation is £68,226 with Total Sold: 779
    • The Last 5 Year average price is £233,491 with Total Sold: 100
    • 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 , 22 TOFTES PLACE: £29,000 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £174,073 median price is £165,000 Standard Deviation is £103,184 with Total Sold: 702
    • The Last 5 Year average price is £297,951 with Total Sold: 133
    • 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 , 4 HOUGHTON CLOSE: £52,500 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £111,871 median price is £117,000 Standard Deviation is £52,375 with Total Sold: 501
    • The Last 5 Year average price is £186,194 with Total Sold: 78
    • 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 , 20 TOFTES PLACE: £34,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £189,250 median price is £170,000 Standard Deviation is £72,806 with Total Sold: 8
    • The Last 5 Year average price is £223,333 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 , 1A MARSHALL CLOSE: £85,000 (Sold on 27 Mar 2017)
  • Flat
    • The average price is around £82,424 median price is £81,000 Standard Deviation is £37,145 with Total Sold: 62
    • The Last 5 Year average price is £123,250 with Total Sold: 14
    • 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 , 24 JOE ELLIS COURT: £21,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,5008
2023£253,310 £3,060 18
2022£250,968 £3,193 14
2021£225,327 £2,866 26
2020£214,306 £2,764 18
2019£218,250 £2,743 16
2018£219,040 £2,817 25
2017£183,367 £2,435 30
2016£181,960 £2,362 25
2015£164,096 £2,051 26
2014£163,935 £2,240 24
2013£145,025 £1,937 18
2012£147,750 £1,787 26
2011£141,008 £1,715 24
2010£143,597 £1,804 15
2009£133,931 £1,526 15
2008£149,190 £1,744 21
2007£145,568 £1,752 36
2006£140,453 £1,675 48
2005£124,508 £1,520 32
2004£114,526 £1,412 26
2003£114,765 £1,327 36
2002£82,049 £1,061 38
2001£68,564 £866 37
2000£57,902 £738 34
1999£51,244 £615 37
1998£42,686 £489 28
1997£44,539 £529 28
1996£41,027 £500 36
1995£41,368 £476 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£332,154 £5,712 13
2023£322,206 £3,287 17
2022£296,364 £3,008 22
2021£290,321 £3,255 46
2020£337,548 £2,785 16
2019£239,816 £2,761 19
2018£241,610 £2,637 29
2017£251,457 £2,557 26
2016£232,019 £2,401 27
2015£215,341 £2,105 16
2014£191,382 £2,085 37
2013£169,117 £1,940 30
2012£161,607 £1,973 23
2011£177,404 £1,884 24
2010£172,111 £1,865 9
2009£165,364 £1,973 14
2008£152,500 £1,894 11
2007£183,995 £1,910 21
2006£170,650 £1,639 23
2005£160,798 £1,711 24
2004£144,702 £1,768 22
2003£149,692 £1,401 31
2002£102,440 £1,327 21
2001£96,110 £1,018 26
2000£79,776 £956 23
1999£60,421 £628 29
1998£68,548 £655 27
1997£57,870 £557 34
1996£50,206 £562 23
1995£50,761 £433 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,875 £2,614 8
2023£198,056 £2,662 9
2022£199,600 £2,454 20
2021£190,471 £2,641 17
2020£166,625 £2,256 9
2019£158,133 £2,180 15
2018£168,800 £2,392 10
2017£155,550 £1,934 9
2016£152,503 £2,073 26
2015£136,598 £1,709 20
2014£126,162 £1,608 17
2013£122,166 £1,518 18
2012£119,858 £1,564 24
2011£115,108 £1,439 13
2010£117,271 £1,645 7
2009£116,117 £1,325 6
2008£126,237 £1,552 8
2007£122,852 £1,776 21
2006£120,108 £1,653 25
2005£115,762 £1,520 28
2004£107,942 £1,585 24
2003£87,767 £1,228 23
2002£75,729 £1,032 26
2001£57,784 £777 26
2000£48,100 £723 21
1999£39,780 £493 15
1998£37,181 £582 8
1997£36,272 £473 19
1996£34,341 £454 16
1995£34,415 £426 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,0001
2021£180,000 £2,812 1
2020£330,0001
2018£170,500 £2,550 2
2017£167,667 £1,603 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£133,333 £2,511 3
2022£137,250 £2,078 4
2021£121,500 £2,531 1
2020£112,000 £2,454 5
2019£95,000 £2,021 1
2018£110,000 £2,200 1
2017£102,432 £1,824 5
2016£74,750 £1,575 2
2015£100,350 £1,893 1
2014£87,000 £1,788 3
2013£76,750 £1,072 2
2012£77,500 £1,533 1
2011£70,000 £1,389 1
2010£71,000 £1,190 2
2009£81,000 £1,653 1
2007£111,749 £2,067 4
2006£110,000 £1,897 1
2005£78,738 £1,237 4
2004£60,050 £945 2
2003£69,750 £1,413 2
2002£45,824 £800 7
2001£52,500 £792 1
2000£33,725 £552 4
1999£20,800 £443 1
1998£22,250 £443 1
1996£24,000 £316 1
1995£21,000 £419 1

House Type in NR5 0EF area

The most common house types in the NR5 0EF postcode area are Detached (114), Semi-detached (18), and Terraced (1).

Total134
Detached114
Semi-detached18
Terraced1
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (84), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright84
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency11
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NR5 0EF have 2 people in household (59), and 1 person in household (40).

2 people in household59
1 person in household40
3 people in household18
4 people in household16
6 people in household2
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0