Property Data OutlookNorth Norfolk
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for North Norfolk
Key indicators for buyers
The North Norfolk market is moderately favourable for buyers. Prices have softened (-5.6%), which could present a buying opportunity. Affordability has improved from a peak of 11.6x in 2021 to 9.3x today. Rising rents (£854/mo, +6.0%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in North Norfolk costs 9.3x the local median salary — stretched, improving from a peak of 11.6x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in North Norfolk is £854, up 6.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Norfolk price of £282,516 with a 25% deposit (£71k), a 2-year fixed mortgage at 3.97% costs around £1,115 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,115) are £261 more than renting (£854). However, buying requires an upfront deposit of £71k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
48, PRIORY CLOSE, BEESTON REGIS NR26 8SL | Detached | £425,000 | 30 Jan 2026 |
THE GROVE, ST JOHNS ROAD, STALHAM NR12 9BE | Detached | £490,000 | 26 Jan 2026 |
2, CELANDINE LANE NR26 8UY | Detached | £350,000 | 23 Jan 2026 |
ROWENA, COAST ROAD, BACTON NR12 0EW | Semi-detached | £155,000 | 23 Jan 2026 |
APARTMENT 3C, SHERINGHAM HOUSE, CREMERS DRIFT NR26 8HZ | Flat/Maisonette | £415,000 | 23 Jan 2026 |
FLAT 2, QUARNDON COURT 7A, MONTAGUE ROAD NR26 8LN | Flat/Maisonette | £150,000 | 23 Jan 2026 |
17, THE AVENUE NR26 8DG |
Explore postcodes in North Norfolk
10postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.