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Stody market report NR24 2, Melton Constable
The NR24 2 (Stody) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 2,788 registered sales in NR24 2 (Melton Constable) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in NR24 2 (Melton Constable) came in at £321,000, out of 46 registered, up 1% on five years earlier, and the mean stands at £336,500, and by floor area homes here have averaged about £3,300 per square metre over the last five years. The record behind it is 2,788 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NR24 2 is a postcode sector: one group of streets inside NR24 (Melton Constable). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NR24 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's NR24 2 prices, from the sold record
Take the 46 registered 2026 sales in NR24 2 and the middle price, the median, is £321,000. The mean lands at £336,500, practically level with it: prices here bunch tightly around the middle.
NR24 2 prices by floor area
Per square metre, NR24 2 homes have averaged around £3,300 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving NR24 2 13% above the national figure.
The price of a typical NR24 2 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £321,000 | £321,000 | 46 |
| 2025 | £277,500 | £284,136 | 61 |
| 2024 | £353,800 | £376,162 | 52 |
| 2023 | £312,500 | £343,361 | 51 |
| 2022 | £305,000 | £357,647 | 76 |
| 2021 | £318,000 | £402,629 | 97 |
| 2020 | £232,500 | £301,674 | 93 |
| 2019 | £230,000 | £301,475 | 85 |
| 2018 | £250,000 | £333,255 | 68 |
| 2017 | £225,000 | £306,877 | 101 |
| 2016 | £212,200 | £296,870 | 98 |
| 2015 | £178,000 | £251,514 | 89 |
| 2014 | £230,000 | £326,295 | 91 |
| 2013 | £197,500 | £284,183 | 92 |
| 2012 | £193,000 | £284,072 | 52 |
| 2011 | £173,500 | £261,918 | 70 |
| 2010 | £190,000 | £297,969 | 64 |
| 2009 | £168,800 | £271,347 | 74 |
| 2008 | £172,500 | £282,764 | 69 |
| 2007 | £185,000 | £313,812 | 104 |
| 2006 | £179,000 | £310,721 | 127 |
| 2005 | £165,000 | £293,634 | 81 |
| 2004 | £135,000 | £245,186 | 133 |
| 2003 | £120,000 | £221,069 | 111 |
| 2002 | £90,200 | £169,711 | 90 |
| 2001 | £71,500 | £137,455 | 131 |
| 2000 | £56,800 | £111,470 | 120 |
| 1999 | £55,800 | £111,206 | 104 |
| 1998 | £59,200 | £119,499 | 82 |
| 1997 | £54,500 | £111,769 | 115 |
| 1996 | £42,800 | £90,263 | 94 |
| 1995 | £46,000 | £99,997 | 67 |
In cash terms the typical NR24 2 home went from £46,000 in 1995 to £321,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 221%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 20% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the NR24 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2021 (+36.8% on the year before); the weakest, 2015 (−22.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +15.7% | +13.0% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +4.2% | +0.8% |
| 20 years (since 2006) | +3.0% | +0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in NR24 2
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 46 sales completed in NR24 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 112 sales a year before the financial crisis and 57 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the NR24 2 market
This is a thin market: 46 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What tenants pay around NR24 2
NR24 2 falls under North Norfolk, where the ONS puts the average private rent at £860 a month (May 2026 figures). The spread runs from £619 a month for a typical one-bed to £1,349 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, North Norfolk
ONS Price Index of Private Rents, May 2026.
£860 a month is £10,320 a year, which against the £321,000 median sold price makes a gross yield of 3.2%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: NR24 2 (Stody)
Is NR24 2 (Stody) a good place to buy a house?
How much did a house sell for in NR24 2 (Stody)?
Are property prices falling in NR24 2 (Stody)?
Where do NR24 2 prices go next?
The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 20% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in NR24 right now
The live side of the market holds 59 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole NR24 district, not just NR24 2: live asking prices are collected per district.
Of everything listed here, 25% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Spacious and Extended Detached Family...
- Church Street, Melton Constable
- Hall Street, Briston, Melton Constable
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NR24 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: NR prices by size
Real sold prices by size across the NR area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £280,000 | £375,246 (+34%) | £545,000 (+45%) | £750,000 (+38%) |
| Semi-detached | £210,000 | £245,000 (+17%) | £289,950 (+18%) | £375,000 (+29%) | £515,000 (+37%) |
| Terraced | £185,000 | £215,000 (+16%) | £245,000 (+14%) | £335,000 (+37%) | £423,750 (+26%) |
| Flat | £140,000 | £182,500 (+30%) | £280,000 (+53%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
NR area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Zoom out to the full NR24 district report for the type split, monthly volumes and how NR24 compares with its neighbours.
Before you sell in NR24 2: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NR24 2, open the average prices map and zoom from the NR24 2 shading down to the sold homes on your own street. Every recorded NR24 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NR24 2.
Dig further
Behind the answers sits the same Land Registry record as this page, with NR24 2 already set as the subject. Free, one click sign in.
Two maps carry on from here: every NR24 2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.