Norfolk house prices in Q1 2026: districts, postcodes and rents

District changes

All figures in this report are for the quarter to March 2026. Where the UK House Price Index is quoted, the month is March 2026 and the change is against March 2025.

The county figures

The UK House Price Index is mix-adjusted, so a month with more flats sold does not look cheaper than one with more detached houses. On that measure Norfolk averaged £269,152 in January 2026, £269,218 in February and £268,718 in March. The annual change was 0.0% in March.

HM Land Registry’s Price Paid Data gives the plain figures. It recorded 12,479 standard sales in Norfolk in the 12 months to March 2026. The median price was £272,500 and the mean £311,176. Detached houses had a median of £360,000, semis £255,000, terraced houses £215,000 and flats £145,000. The mean runs above the index because a small number of expensive sales pull it up, so the two should not be compared directly.

Norfolk against the region and the UK

Norfolk’s March average was 19.9% below the East of England’s £335,315 and £161 below the UK’s £268,879. A year earlier the gap to the region was 20.2%, so it has hardly changed. England on its own averaged £290,496.

The last five quarters

The county average has barely moved in a year: £268,644 in March 2025, a dip to £262,164 in June, then back to £268,718. North Norfolk is the exception. It fell from £301,477 to £290,764, with its low point in December 2025 at £287,367.

District by district

North Norfolk had the largest fall in the county. The district average takes in Cromer, Fakenham and North Walsham as well as the coast, and coastal prices sit well above it: the postcode figures below cover Holt, Blakeney and Burnham Market.

Broadland, the district that wraps round the north of Norwich, had the largest rise and the highest district average, £313,059. South Norfolk, which includes Wymondham, Hethersett and Poringland, was only £690 behind. Breckland, where the main towns are Dereham, Thetford and Watton, rose 1.5%.

The Norwich district covers the city only. Flats there averaged £142,373 in March and detached houses £454,125. First-time buyers paid less than a year earlier in five of the seven districts. Broadland and Breckland were the exceptions.

Cheapest and dearest postcode sectors

A postcode sector is the postcode minus its last two letters, such as NR30 2. We took every standard sale HM Land Registry recorded in Norfolk in the 12 months to March 2026 and ranked the 114 sectors with at least 40 sales by their median price.

Central Great Yarmouth had the lowest: NR30 2 at £120,000. NR25 7, which covers Blakeney, Cley, Weybourne and Langham on the north Norfolk coast, had the highest at £482,500. That is a gap of £362,500 within one county. Holt itself is in NR25 6, where the median was £340,000.

The five cheapest sectors are all in Great Yarmouth, Gorleston and King’s Lynn. The five dearest are all villages or small coastal towns, including Wells-next-the-Sea and the PE31 8 sector around Burnham Market, Brancaster and Docking. Two are well inland: IP22 2 around North Lopham and Garboldisham, and NR16 1 around Tacolneston and Forncett. On the Norwich side the highest was NR4 6, which includes Eaton and part of Cringleford, at £400,000.

Monthly mortgage payments

The Bank of England held Bank Rate at 3.75% at both its February and March 2026 meetings. Fixed rates rose in March all the same. Moneyfacts put the average two-year fix at 4.83% at the start of the month and 5.56% by 25 March, and the average five-year fix went from 4.95% to 5.54%.

The payments below use 5% over a 30-year repayment term with a 15% deposit. They are illustrations, not quotes.

At NR30 2’s median of £120,000, the deposit is £18,000 and the loan £102,000. That is £548 a month, and at 4.5 times salary it needs an income of about £22,667. No stamp duty is due on a home under £125,000.

At the county median of £272,500, the deposit is £40,875 and the loan £231,625: £1,243 a month on an income of about £51,472. A first-time buyer pays no stamp duty up to £300,000.

At NR25 7’s median of £482,500, the deposit is £72,375 and the loan £410,125. That is £2,202 a month and needs about £91,139 of income. A home-mover pays £14,125 in stamp duty. A first-time buyer, whose relief runs up to £500,000, pays £9,125.

The median full-time wage for people working in Norfolk was £35,940 in 2025, according to the ONS. At 4.5 times that, one earner can borrow about £161,730, which with a 15% deposit buys a home of about £190,000. That reaches the Great Yarmouth and King’s Lynn sectors above and none of the coast. Our Norfolk mortgage guide covers lender criteria and rural properties.

Rents

ONS figures for March 2026 put the average monthly rent at £1,146 in Norwich, £969 in South Norfolk, £934 in Broadland, £930 in King’s Lynn and West Norfolk, £909 in Breckland, £856 in North Norfolk and £816 in Great Yarmouth. Over the year the rises ran from 2.4% in Norwich to 6.7% in Broadland. For comparison, the East of England average was £1,274 and England’s £1,434.

Dividing a year’s rent by the March price average gives a rough gross yield: 6.1% in Norwich, 4.7% in Great Yarmouth and 3.5% in North Norfolk. The two sources measure different homes, so these are a guide to the gap between districts and nothing more. Our guide to renting in Norfolk has later figures.

Prices against local wages

The ONS affordability ratio divides the median house price by the median full-time wage of people who work in the district. The figures published on 26 March 2026, for 2025, put Norwich lowest in Norfolk at 6.51 and Great Yarmouth next at 6.60. North Norfolk was highest at 9.32: a median house of £300,000 against median earnings of £32,179, the lowest earnings of any Norfolk district. Norfolk as a whole was 7.65, almost level with England’s 7.63. The East of England was 9.02.

The single-earner limit of about £190,000 is below the median sale price even in the cheaper Breckland towns: £220,000 in Thetford, £230,000 in Watton and £250,000 in Dereham over the 12 months to March 2026. At the middle of those markets a buyer needs two incomes or a bigger deposit.

What the quarter meant for buyers

A first-time buyer on one Norfolk wage was confined to Great Yarmouth, Gorleston and parts of King’s Lynn. Those were the only places where the median sale fell under £190,000 in the year to March.

Families looking south-west of Norwich paid medians of £280,000 in Wymondham, £295,000 in Hethersett, £296,500 in Poringland and £390,000 in Cringleford over the same 12 months.

The coast did not get cheap. North Norfolk’s 3.6% fall was a district average, and the coastal sectors still had medians of £450,000 or more. If you are weighing the coast against a Norwich suburb, our North Norfolk coast versus Norwich suburbs comparison sets them side by side.

If you are selling in London to buy here, our guide to moving from London to Norfolk covers the rest of the move. This report stops at March; our H1 2026 report covers April to June.

Guides for the next step

How we produced this report

County and district averages, first-time buyer prices and the regional and UK figures are from the HM Land Registry UK House Price Index, taken from the September 2026 release, which revises earlier months. Postcode sector, town and village figures are medians of standard sales in HM Land Registry Price Paid Data from April 2025 to March 2026, with sectors shown only where there were at least 40 sales and villages where there were at least 15. Rents are from the ONS Price Index of Private Rents (September 2026 release). Affordability ratios and the Norfolk median wage are from the ONS housing affordability tables for 2025. Mortgage rates are from Moneyfacts and the Bank of England, and stamp duty from GOV.UK. The mortgage payments are our own arithmetic at the stated rate and term.

This report was first published on 6 May 2026 using early estimates. On 24 September 2026 we replaced them with the revised official series and recalculated the postcode figures. Several earlier figures were wrong, among them the postcode averages, the district rents, the affordability ratios and the first-time buyer changes; the figures on this page are the corrected ones. See our methodology page for how we handle sources.

Frequently asked questions

Are Norfolk house prices going up or down in 2026?

In the first quarter they were flat. The UK House Price Index put Norfolk’s March 2026 average at £268,718, unchanged on a year earlier, with North Norfolk down 3.6% and Broadland up 3.1%.

Which Norfolk postcode has the lowest house prices?

Among sectors with at least 40 standard sales in the 12 months to March 2026, NR30 2 in central Great Yarmouth had the lowest median, £120,000. NR31 0 and NR30 1, also in Great Yarmouth, came next, then PE30 5 in King’s Lynn at £161,000.

Where are the most expensive parts of Norfolk?

NR25 7, covering Blakeney, Cley, Weybourne and Langham, had the highest median at £482,500. Wells (NR23 1) and the Burnham Market sector (PE31 8) were next. On the Norwich side, NR4 6, which includes Eaton and part of Cringleford, was highest at £400,000.

Is Norfolk a good place to buy property right now?

In the first quarter of 2026 buying cost no more than a year before, while rents rose in every district, by 2.4% to 6.7%. Against that, average two-year fixed rates rose from 4.83% to 5.56% during March.

How does Norfolk compare to the East of England average?

Norfolk’s March 2026 average of £268,718 was 19.9% below the East of England’s £335,315 and close to the UK’s £268,879. A year earlier the gap to the region was 20.2%.

What is the cheapest Norfolk village to buy a house in?

Among villages with at least 15 standard sales in the 12 months to March 2026, Badersfield had the lowest median at £210,000, then Weeting at £216,000 and Martham at £218,750. The cheapest market towns were Thetford at £220,000 and Watton at £230,000.

How long does the average Norfolk house take to sell?

We do not have a reliable Norfolk figure. HM Land Registry records the price and date of a sale, not how long it was on the market. Rightmove’s national index for March 2026 said the time to find a buyer was the longest for that time of year since 2013.

What mortgage rates are available in Norfolk in Q1 2026?

Moneyfacts put the average two-year fix at 4.83% at the start of March 2026 and 5.56% by 25 March; five-year fixes went from 4.95% to 5.54%. Bank Rate stayed at 3.75%. See our Norfolk mortgage guide for lender criteria.