Norfolk property prices

The average property price in Norfolk county is £285k, the median price is £250k. The average price declined by £-8.2k (-3%) over the last twelve months. The price of an established property is £285k. The price of a newly built property is £305k. There were 11.0k property sales and sales dropped by 26.4% (-4.8k transactions). Most properties were sold in the £200k-£250k price range with 2483 (22.5%) properties sold, followed by £150k-£200k price range with 1905 (17.3%) properties sold.

July 2021 - June 2022

PriceNorfolk countyEngland & Wales
average£285k£326k
median£250k£245k

Norfolk house prices map

This price map shows the average property price in a given postcode sector between July 2021 - June 2022. The most affordable place was 'NR30 2' with the average price of £112k. The most expensive place was 'PE31 8', £601k.

Norfolk house prices map

Norfolk house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between July 2021 - June 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Norfolk house prices compared to other countiesAverage price percentage change
Average property price

Norfolk house price rank

With the average price of £285k, Norfolk is the 27. most pricey county out of 55 England and Wales' counties.

Norfolk house price rank

Norfolk property sales share by price range

shows a number of properties sold in a given price range between July 2021 - June 2022.

Norfolk property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%11
£50k-£100k2.4%268
£100k-£150k9.6%1.1k
£150k-£200k17.3%1.9k
£200k-£250k22.5%2.5k
£250k-£300k16.9%1.9k
£300k-£400k16.5%1.8k
£400k-£500k7.1%787
£500k-£750k5.9%648
£750k-£1M1.2%127
over £1M0.6%62

Norfolk cost comparison of new homes and older homes

July 2021 - June 2022

Norfolk cost comparison of new homes and older homes
Property typeAverage price
A newly built property£305k
An established property£285k

Norfolk cost comparison of houses and flats

July 2021 - June 2022

Norfolk cost comparison of houses and flats
Property typeAverage price
Detached£391k
Flat£153k
Semi-Detached£259k
Terraced£219k

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Norfolk real house prices

Yearly average nominal house prices adjusted for inflation.

Norfolk real house prices

Norfolk house prices

Yearly average nominal prices compared to England & Wales' house prices

Norfolk house prices

Norfolk house prices per square metre

Yearly average nominal price per square metre compared to England & Wales' house prices

Norfolk house prices per square metre

Norfolk house prices and nearby counties

Yearly average nominal prices

Norfolk house prices and nearby counties

Norfolk house prices by property type

Yearly average nominal prices

Norfolk house prices by property type

Norfolk house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.7 in Great Yarmouth and 9.5 in North Norfolk. Ie. Great Yarmouth resident with middle-income needs 6.7 gross annual salaries to buy a medium-priced property. Resident in North Norfolk needs 9.5 annual salaries. The England and Wales ratio was 7.69 in 2021.
Norfolk house price to earnings ratio history
Local authorityMedian house price to median salary ratio in 2021
Great Yarmouth6.7
King's Lynn and West Norfolk7.3
Norwich7.3
England and Wales7.69
Broadland8
Breckland8.3
South Norfolk8.6
North Norfolk9.5

Other reports for Norfolk county

house prices per square metre

new home prices

property transactions

population statistics

crime statistics

energy costs

home features

home energy certificates

salary and unemployment

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