Norfolk property prices

The average property price in Norfolk county is £305k, the median price is £266k. The average price declined by £-11.7k (-4%) over the last twelve months. The price of an established property is £305k. The price of a newly built property is £338k. There were 8.6k property sales and sales dropped by 42.3% (-6.8k transactions). Most properties were sold in the £200k-£250k price range with 1714 (19.9%) properties sold, followed by £300k-£400k price range with 1623 (18.8%) properties sold.

February 2023 - January 2024Norfolk countyEngland & Wales
Average price£305k£350k
Median price£266k£269k

Norfolk property sales share by price range

shows a number of properties sold in a given price range between February 2023 - January 2024.

Norfolk property sales share by price range
Property price rangeMarket shareSales volume
under £50k0.2%14
£50k-£100k2.6%220
£100k-£150k8.3%717
£150k-£200k13.2%1.1k
£200k-£250k19.9%1.7k
£250k-£300k18.4%1.6k
£300k-£400k18.8%1.6k
£400k-£500k8.9%769
£500k-£750k7.3%629
£750k-£1M1.6%135
over £1M0.8%65

Norfolk house prices map

This price map shows the average property price in a given postcode sector. The most affordable place is 'NR30 2' with the average price of £121k. The most expensive place is 'NR25 7', £809k.

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 February 2023 - January 2024 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 £305k, Norfolk is the 27. most pricey county out of 55 England and Wales' counties.

Norfolk house price rank
Price ranking
RankcountyAverage price
1.Greater London£710k
2.Surrey£637k
3.Hertfordshire£537k
4.Oxfordshire£486k
5.Berkshire£483k
6.Buckinghamshire£482k
7.West Sussex£443k
8.Rutland£431k
9.East Sussex£424k
10.Dorset£399k
...
27.Norfolk£305k
...
45.West Yorkshire£219k
46.Cumbria£217k
47.Lincolnshire£216k
48.Merseyside£201k
49.South Yorkshire£195k
50.East Riding of Yorkshire£194k
51.Lancashire£190k
52.West Glamorgan£189k
53.Tyne and Wear£188k
54.Mid Glamorgan£173k
55.Durham£146k

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

Real average price - nominal price adjusted for inflation
YearNorfolk countyEngland & Wales
2024£0£0
2023£305k£351k
2022£355k£403k
2021£344k£396k
2020£323k£377k
2019£309k£358k
2018£312k£368k
2017£316k£374k
2016£303k£370k
2015£284k£359k
2014£275k£351k
2013£268k£345k
2012£267k£345k
2011£280k£354k
2010£304k£375k
2009£281k£339k
2008£308k£358k
2007£330k£374k
2006£317k£355k
2005£308k£339k
2004£301k£330k
2003£273k£297k
2002£235k£267k
2001£192k£238k
2000£168k£221k
1999£148k£201k
1998£142k£185k
1997£134k£175k
1996£128k£164k
1995£131k£161k

Norfolk house prices

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

Norfolk house prices

Nominal average price
YearNorfolk countyEngland & Wales
2024£302k£332k
2023£305k£351k
2022£317k£360k
2021£296k£342k
2020£274k£320k
2019£255k£296k
2018£250k£294k
2017£245k£290k
2016£229k£280k
2015£213k£270k
2014£202k£258k
2013£192k£247k
2012£184k£238k
2011£184k£233k
2010£191k£236k
2009£177k£213k
2008£187k£217k
2007£192k£218k
2006£178k£199k
2005£168k£185k
2004£160k£176k
2003£141k£153k
2002£119k£135k
2001£96.2k£119k
2000£81.5k£108k
1999£70.6k£96.0k
1998£65.3k£85.4k
1997£60.1k£78.5k
1996£56.0k£71.5k
1995£55.3k£67.9k

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

Nominal average price per m2
YearNorfolk countyEngland & Wales
2024£3.0k£3.5k
2023£3.1k£3.6k
2022£3.1k£3.7k
2021£2.8k£3.4k
2020£2.6k£3.2k
2019£2.5k£3.0k
2018£2.5k£3.0k
2017£2.4k£3.0k
2016£2.3k£2.9k
2015£2.1k£2.7k
2014£2.0k£2.6k
2013£1.9k£2.5k
2012£1.8k£2.4k
2011£1.8k£2.4k
2010£1.8k£2.4k
2009£1.7k£2.1k
2008£1.8k£2.2k
2007£1.9k£2.2k
2006£1.7k£2.0k
2005£1.6k£1.9k
2004£1.6k£1.8k
2003£1.4k£1.6k
2002£1.2k£1.4k
2001£951£1.2k
2000£812£1.1k
1999£693£969
1998£631£863
1997£590£790
1996£547£710
1995£550£681

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

Property typeCurrent average price
Detached£414k
Flat£162k
Semi-Detached£277k
Terraced£235k

Norfolk house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.8 in Great Yarmouth and 10.4 in North Norfolk. Ie. Great Yarmouth resident with middle-income needs 6.8 gross annual salaries to buy a medium-priced property. Resident in North Norfolk needs 10.4 annual salaries. The England and Wales ratio was 8.16 in 2022.
Norfolk house price to earnings ratio history
Local authorityMedian house price to median salary ratio in 2022
Great Yarmouth6.8
Norwich7.2
England and Wales8.16
Breckland8.7
King's Lynn and West Norfolk8.9
South Norfolk9.2
Broadland9.4
North Norfolk10.4

Other reports for Norfolk county

house prices per square metre

new home prices

property transactions

home features

salary and unemployment

home energy efficiency

crime statistics

population statistics

energy costs

plumplot area insights tutorial
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