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.
Price | Norfolk county | England & Wales |
---|---|---|
average | █ £285k | £326k |
median | █ £250k | £245k |
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.
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.
With the average price of £285k, Norfolk is the 27. most pricey county out of 55 England and Wales' counties.
shows a number of properties sold in a given price range between July 2021 - June 2022.
Property price range | Market share | Sales volumes |
---|---|---|
█ under £50k | 0.1% | 11 |
█ £50k-£100k | 2.4% | 268 |
█ £100k-£150k | 9.6% | 1.1k |
█ £150k-£200k | 17.3% | 1.9k |
█ £200k-£250k | 22.5% | 2.5k |
█ £250k-£300k | 16.9% | 1.9k |
█ £300k-£400k | 16.5% | 1.8k |
█ £400k-£500k | 7.1% | 787 |
█ £500k-£750k | 5.9% | 648 |
█ £750k-£1M | 1.2% | 127 |
█ over £1M | 0.6% | 62 |
July 2021 - June 2022
Property type | Average price |
---|---|
█ A newly built property | £305k |
█ An established property | £285k |
July 2021 - June 2022
Property type | Average price |
---|---|
█ Detached | £391k |
█ Flat | £153k |
█ Semi-Detached | £259k |
█ Terraced | £219k |
Yearly average nominal house prices adjusted for inflation.
Yearly average nominal prices compared to England & Wales' house prices
Yearly average nominal price per square metre compared to England & Wales' house prices
Yearly average nominal prices
Yearly average nominal prices
Local authority | Median house price to median salary ratio in 2021 |
---|---|
Great Yarmouth | 6.7 |
King's Lynn and West Norfolk | 7.3 |
Norwich | 7.3 |
England and Wales | 7.69 |
Broadland | 8 |
Breckland | 8.3 |
South Norfolk | 8.6 |
North Norfolk | 9.5 |