Housing Market Analysis for SOMERSET WAY, NR8 6TJ

Are you looking to understand NR8 6TJ 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 Broadland postcode.

For the location information and nearby amenities in the NR8 6TJ area, explore the NR8 6TJ Area information page.
For comprehensive crime statistics in the NR8 6TJ area, explore the NR8 6TJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR8 6TJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £208,792 median price is £217,500 Standard Deviation is £89,925 with Total Sold: 12
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 SOMERSET WAY: £375,000 (Sold on 18 Feb 2021)
    • The first recorded sale happened at this postcode is 11 SOMERSET WAY: £60,000 (Sold on 27 Mar 1997)
  • Semi-Detached
    • The average price is around £186,000 median price is £186,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 SOMERSET WAY: £186,000 (Sold on 18 Aug 2005)
    • The first recorded sale happened at this postcode is 4 SOMERSET WAY: £186,000 (Sold on 18 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average NR8 6TJ 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
2021£375,000 £3,641 1
2017£318,000 £3,655 1
2015£283,500 £2,577 1
2013£215,000 £2,087 1
2012£245,000 £2,333 1
2009£222,500 £1,617 2
2003£220,000 £1,528 1
2000£122,000 £1,081 2
1998£100,000 £694 1
1997£60,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£186,000 £1,691 1

All the Sales in the SOMERSET WAY, NR8 6TJ

See the table below for more details on the sold house prices in the NR8 6TJ, Broadland postcode.

AddressSold DatePrice% Change
1 SOMERSET WAYDetached, FreeholdArea: 103 Sq.mtrAge: 1983-199018 Feb 2021£375,00074.42%
28 Mar 2013£215,000First Sale
2 SOMERSET WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1967-197506 Jan 2017£318,000First Sale
4 SOMERSET WAYDetached, FreeholdArea: 110 Sq.mtrAge: 1967-197528 Aug 2015£283,50052.42%
18 Aug 2005£186,000First Sale
7 SOMERSET WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1967-197526 Nov 2012£245,000100.00%
21 Apr 2000£122,500First Sale
9 SOMERSET WAYDetached, FreeholdArea: 140 Sq.mtrAge: 1967-197518 Dec 2009£245,000First Sale
8 SOMERSET WAYDetached, FreeholdArea: 134.76 Sq.mtrAge: 1967-197529 Apr 2009£200,000First Sale
5 SOMERSET WAYDetached, FreeholdArea: 144 Sq.mtrAge: 1967-197514 Nov 2003£220,000120.00%
07 Jul 1998£100,000First Sale
6 SOMERSET WAYDetached, FreeholdArea: 122 Sq.mtrAge: 1967-197528 Jul 2000£121,500First Sale
11 SOMERSET WAYDetached, Freehold27 Mar 1997£60,000First Sale

Check out the sold house prices near the NR8 6TJ postcode. Properties currently for saleProperties currently for rent

SOMERSET WAY, NR8 6TJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR8 6TJ 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 NR8 6TJ postcode.

  • Semi-Detached
    • The average price is around £135,884 median price is £129,000 Standard Deviation is £80,195 with Total Sold: 279
    • The Last 5 Year average price is £256,987 with Total Sold: 52
    • The most recent sale happened at this postcode is , 74 LLOYD ROAD: £268,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 25 JUNIPER WAY: £59,500 (Sold on 02 Feb 1995)
  • Detached
    • The average price is around £227,507 median price is £207,250 Standard Deviation is £145,709 with Total Sold: 540
    • The Last 5 Year average price is £394,729 with Total Sold: 103
    • The most recent sale happened at this postcode is , 2 LLOYD ROAD: £310,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , BRAMLEYS THE STREET: £95,000 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £645,179 median price is £199,293 Standard Deviation is £970,791 with Total Sold: 10
    • The Last 5 Year average price is £645,179 with Total Sold: 10
    • The most recent sale happened at this postcode is , 3 DRAPER WAY: £102,278 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 21 DRAPER WAY: £3,360,000 (Sold on 30 Apr 2019)
  • Flat
    • The average price is around £69,313 median price is £69,500 Standard Deviation is £35,972 with Total Sold: 75
    • The Last 5 Year average price is £130,944 with Total Sold: 9
    • The most recent sale happened at this postcode is , 39 MULBERRY COURT: £150,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 52 MULBERRY COURT: £24,500 (Sold on 19 Dec 1995)
  • Terraced
    • The average price is around £108,855 median price is £110,000 Standard Deviation is £56,252 with Total Sold: 252
    • The Last 5 Year average price is £201,964 with Total Sold: 28
    • The most recent sale happened at this postcode is , 9 NIGHTINGALE CLOSE: £325,000 (Sold on 08 Apr 2024)
    • The first recorded sale happened at this postcode is , 35 SNOWBERRY CLOSE: £45,650 (Sold on 09 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,333 £2,989 3
2023£260,773 £3,544 11
2022£281,667 £3,762 6
2021£259,279 £3,261 24
2020£277,500 £2,763 2
2019£197,683 £3,316 6
2018£234,667 £3,048 3
2017£185,833 £2,851 3
2016£205,250 £3,038 4
2015£191,300 £2,513 5
2014£181,225 £2,609 4
2013£167,988 £2,053 4
2012£149,812 £2,254 4
2011£146,399 £1,887 5
2010£140,492 £2,271 6
2009£147,389 £1,980 9
2008£171,100 £2,038 5
2007£164,814 £2,506 7
2006£168,090 £2,093 15
2005£152,909 £1,845 11
2004£132,988 £2,190 4
2003£133,541 £1,745 11
2002£100,022 £1,460 18
2001£83,938 £1,108 12
2000£73,928 £987 16
1999£56,436 £792 19
1998£62,514 £778 18
1997£51,196 £691 20
1996£46,740 £769 10
1995£51,358 £787 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,667 £3,551 6
2023£363,300 £3,063 10
2022£405,200 £3,410 13
2021£431,941 £3,293 47
2020£324,156 £2,882 16
2019£385,158 £2,609 11
2018£341,598 £2,809 17
2017£324,824 £2,634 23
2016£295,611 £2,476 9
2015£305,863 £2,397 19
2014£246,583 £2,186 12
2013£248,417 £2,245 18
2012£185,495 £2,384 10
2011£235,583 £1,935 18
2010£284,506 £2,443 9
2009£209,816 £2,064 19
2008£271,000 £1,929 10
2007£208,424 £1,907 10
2006£207,128 £1,816 27
2005£220,927 £2,148 15
2004£198,757 £1,704 19
2003£197,758 £1,553 19
2002£148,990 £1,343 21
2001£128,118 £1,265 33
2000£118,914 £1,026 18
1999£99,156 £731 17
1998£100,771 £804 34
1997£87,483 £651 21
1996£64,661 £702 21
1995£74,182 £511 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£102,2781
2023£215,000 £4,388 1
2022£409,872 £1,152 3
2021£137,953 £2,291 2
2019£1,542,996 £14,670 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£125,500 £2,882 2
2022£133,000 £4,156 2
2021£125,000 £3,906 1
2020£155,000 £3,875 1
2019£115,750 £3,558 2
2017£93,500 £2,833 1
2016£101,625 £2,807 2
2015£95,000 £3,065 1
2013£108,500 £2,523 1
2011£74,500 £2,328 1
2010£82,000 £2,398 1
2009£76,000 £2,303 1
2008£88,500 £2,812 2
2007£109,650 £3,024 3
2006£91,725 £2,447 8
2005£87,250 £2,378 3
2004£75,148 £2,337 3
2003£69,900 £2,017 5
2002£60,487 £1,666 4
2001£41,339 £1,236 10
2000£34,640 £1,044 5
1999£26,188 £804 4
1998£26,500 £772 5
1997£24,500 £790 1
1996£24,000 £712 4
1995£24,500 £742 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,5002
2023£197,500 £3,795 2
2022£231,800 £3,440 5
2021£195,400 £3,616 5
2020£189,500 £2,969 8
2019£168,833 £3,048 6
2018£175,167 £3,204 3
2017£164,830 £2,997 10
2016£151,985 £2,652 10
2015£153,688 £2,495 8
2014£128,100 £2,611 5
2013£137,269 £2,247 13
2012£130,119 £2,298 8
2011£127,743 £2,222 7
2010£127,075 £2,176 6
2009£122,000 £1,968 8
2008£136,000 £2,598 5
2007£139,650 £2,407 6
2006£127,445 £2,306 11
2005£112,330 £2,184 10
2004£105,629 £1,998 7
2003£93,836 £1,782 11
2002£78,237 £1,173 8
2001£60,843 £1,073 14
2000£56,592 £1,021 12
1999£46,859 £764 16
1998£43,916 £732 9
1997£47,769 £679 11
1996£40,236 £738 12
1995£44,999 £707 14

House Type in NR8 6TJ area

The most common house types in the NR8 6TJ postcode area are Detached (117), Semi-detached (8), and temporary structure (1).

Total126
Detached117
Semi-detached8
temporary structure1
Terraced0
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright73
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency5
Private rented: Other private rented1
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 NR8 6TJ have 2 people in household (63), and 1 person in household (27).

2 people in household63
1 person in household27
3 people in household17
4 people in household13
5 people in household7
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0