Housing Market Analysis for OAK CLOSE, NR5 0PS

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

Overview of Sold House prices

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

Terraced
- The average price is around £129,179 median price is £130,000 Standard Deviation is £52,719 with Total Sold: 13
- The Last 5 Year average price is £199,333 with Total Sold: 3
- The most recent sale happened at this postcode is 4 OAK CLOSE: £203,000 (Sold on 15 Aug 2023)
- The first recorded sale happened at this postcode is 9 OAK CLOSE: £51,500 (Sold on 20 Oct 2000)
Semi-Detached
- The average price is around £123,875 median price is £120,500 Standard Deviation is £21,031 with Total Sold: 4
- The most recent sale happened at this postcode is 5 OAK CLOSE: £118,000 (Sold on 19 Apr 2010)
- The first recorded sale happened at this postcode is 5 OAK CLOSE: £98,000 (Sold on 27 May 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NR5 0PS 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£203,000	£2,579	1
2022	£230,000	£2,473	1
2019	£165,000	£2,236	1
2017	£170,000	£2,160	1
2014	£133,000	£1,727	1
2013	£90,000	£1,133	2
2012	£130,000	£1,340	1
2007	£134,950	£1,753	1
2006	£122,000	£1,605	1
2005	£103,000	£1,401	1
2003	£56,875	£739	1
2000	£51,500	£700	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£118,000	£1,483	1
2008	£156,500	£1,565	1
2006	£123,000	£1,667	1
2004	£98,000	£1,232	1

All the Sales in the OAK CLOSE, NR5 0PS

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

Address	Sold Date	Price	% Change
4 OAK CLOSETerraced, FreeholdArea: 78.7 Sq.mtrAge: 1976-1982	15 Aug 2023	£203,000	19.41%
	31 Mar 2017	£170,000	First Sale
15 OAK CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1983-1990	31 Mar 2022	£230,000	First Sale
1 OAK CLOSETerraced, FreeholdArea: 73.8 Sq.mtrAge: 1967-1975	29 May 2019	£165,000	32.00%
	16 Dec 2013	£125,000	1.63%
	20 Oct 2006	£123,000	First Sale
2 OAK CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	04 Apr 2014	£133,000	-1.44%
	17 Aug 2007	£134,950	137.27%
	10 Feb 2003	£56,875	First Sale
12 OAK CLOSETerraced, FreeholdArea: 96 Sq.mtrAge: 1976-1982	16 Dec 2013	£55,000	First Sale
17 OAK CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1983-1990	27 Jul 2012	£130,000	First Sale
5 OAK CLOSESemi-Detached, FreeholdArea: 79.56 Sq.mtrAge: 1983-1990	19 Apr 2010	£118,000	20.41%
	27 May 2004	£98,000	First Sale
18 OAK CLOSESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1976-1982	29 Feb 2008	£156,500	First Sale
9 OAK CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	12 Sep 2006	£122,000	18.45%
	04 Mar 2005	£103,000	100.00%
	20 Oct 2000	£51,500	First Sale

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

OAK CLOSE, NR5 0PS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £144,616 median price is £145,250 Standard Deviation is £71,035 with Total Sold: 308
- The Last 5 Year average price is £233,720 with Total Sold: 50
- The most recent sale happened at this postcode is , 26 STAFFORD AVENUE: £265,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 18 RICHMOND ROAD: £41,500 (Sold on 20 Jan 1995)
Terraced
- The average price is around £113,091 median price is £114,250 Standard Deviation is £57,215 with Total Sold: 220
- The Last 5 Year average price is £195,812 with Total Sold: 36
- The most recent sale happened at this postcode is , 45 MIDDLETON CRESCENT: £245,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 19 BEECHCROFT: £40,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £200,636 median price is £185,000 Standard Deviation is £157,844 with Total Sold: 312
- The Last 5 Year average price is £373,109 with Total Sold: 43
- The most recent sale happened at this postcode is , 12 VALLEY VIEW CRESCENT: £250,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 20 STAFFORD AVENUE: £40,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £72,041 median price is £76,300 Standard Deviation is £32,777 with Total Sold: 109
- The Last 5 Year average price is £111,833 with Total Sold: 18
- The most recent sale happened at this postcode is , 13 ROWAN COURT: £105,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , 29 ROWAN COURT: £25,250 (Sold on 05 Jan 1995)
Other
- The average price is around £297,000 median price is £297,500 Standard Deviation is £169,807 with Total Sold: 4
- The Last 5 Year average price is £365,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 5 HIGHLOW ROAD: £425,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is , 48 STAFFORD AVENUE: £93,000 (Sold on 16 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,250	£2,541	4
2023	£237,000	£3,231	12
2022	£295,125	£2,959	8
2021	£231,312	£2,826	8
2020	£193,750	£2,414	8
2019	£211,150	£2,794	10
2018	£227,286	£2,509	7
2017	£219,146	£2,404	12
2016	£188,125	£2,339	8
2015	£173,217	£2,199	14
2014	£171,923	£2,008	13
2013	£153,538	£1,883	12
2012	£150,612	£1,876	8
2011	£131,378	£1,513	9
2010	£171,990	£2,051	5
2009	£119,806	£1,566	9
2008	£168,833	£1,367	3
2007	£160,637	£1,970	14
2006	£161,772	£1,704	14
2005	£138,432	£1,651	20
2004	£118,321	£1,290	14
2003	£117,100	£1,700	14
2002	£106,214	£1,333	11
2001	£76,706	£852	14
2000	£64,121	£918	12
1999	£59,333	£589	9
1998	£46,564	£578	7
1997	£49,267	£667	9
1996	£49,500	£474	11
1995	£39,750	£665	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,667	£3,617	3
2023	£217,000	£3,347	4
2022	£247,375	£3,133	8
2021	£190,375	£2,540	6
2020	£174,000	£2,444	8
2019	£149,714	£2,538	7
2018	£156,650	£2,091	6
2017	£149,659	£2,206	11
2016	£148,688	£2,437	4
2015	£147,726	£2,078	7
2014	£137,214	£1,896	7
2013	£116,944	£1,557	9
2012	£140,124	£1,736	4
2011	£105,538	£1,419	4
2010	£103,067	£1,574	9
2009	£106,325	£1,383	8
2008	£108,125	£1,659	4
2007	£123,600	£2,030	11
2006	£128,200	£1,868	5
2005	£112,269	£1,615	13
2004	£110,738	£1,380	4
2003	£75,670	£1,090	11
2002	£83,950	£1,283	11
2001	£69,433	£930	12
2000	£62,290	£712	5
1999	£44,685	£607	13
1998	£43,929	£601	7
1997	£41,740	£597	5
1996	£33,102	£578	8
1995	£40,667	£554	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,667		3
2023	£362,125	£3,683	4
2022	£549,696	£6,247	11
2021	£344,581	£3,192	8
2020	£282,333	£2,969	9
2019	£278,238	£2,560	8
2018	£284,500	£3,004	11
2017	£266,948	£2,445	23
2016	£271,583	£2,729	6
2015	£241,977	£2,707	13
2014	£195,740	£2,074	10
2013	£223,938	£1,939	8
2012	£203,590	£1,662	10
2011	£183,694	£1,881	9
2010	£191,429	£1,885	7
2009	£184,090	£2,353	5
2008	£231,333	£1,713	6
2007	£238,758	£2,187	18
2006	£196,917	£1,959	12
2005	£171,288	£1,673	13
2004	£168,736	£1,876	17
2003	£163,195	£1,332	10
2002	£137,497	£1,201	15
2001	£119,550	£994	9
2000	£112,738	£936	12
1999	£71,493	£875	14
1998	£71,200	£688	9
1997	£70,664	£635	7
1996	£46,595	£609	11
1995	£63,989	£662	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£105,700	£1,815	5
2022	£141,000	£2,601	2
2021	£146,000	£4,273	2
2020	£110,500	£1,983	3
2019	£96,500	£2,088	6
2018	£98,583	£2,186	6
2017	£95,312	£2,124	4
2016	£130,000	£3,325	1
2015	£75,600	£1,370	3
2014	£84,533	£2,190	3
2012	£88,750	£2,421	2
2011	£81,500	£1,908	2
2010	£67,633	£1,204	3
2009	£58,800	£1,089	2
2008	£86,775	£1,975	4
2007	£92,200	£1,951	4
2006	£81,685	£2,140	7
2005	£80,500	£1,855	6
2004	£71,314	£1,636	7
2003	£63,957	£1,652	7
2002	£39,200		1
2001	£42,449	£1,118	5
2000	£33,148	£885	5
1999	£25,600	£566	2
1998	£27,000	£724	3
1997	£22,500	£589	5
1996	£22,400	£407	2
1995	£24,435	£549	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£425,000	£2,429	1
2021	£500,000		1
2019	£170,000	£2,846	1
2016	£93,000		1

House Type in NR5 0PS area

The most common house types in the NR5 0PS postcode area are Terraced (62), Semi-detached (33), and Flat (29).

Total	134
Terraced	62
Semi-detached	33
Flat	29
Detached	6
Shared house	3
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (70), and Owned: Owns with a mortgage or loan (24).

Social rented: Other social rented	70
Owned: Owns with a mortgage or loan	24
Owned: Owns outright	14
Social rented: Rents from council or Local Authority	10
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	4
Shared ownership: Shared ownership	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NR5 0PS have 1 person in household (53), and 2 people in household (42).

1 person in household	53
2 people in household	42
3 people in household	21
4 people in household	11
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0