Key indicators for buyers
The PE37 market is moderately favourable for buyers. Prices have softened (-17.2%), which could present a buying opportunity. Affordability has improved from a peak of 9.5x in 2021 to 7.9x today. Rising rents (£905/mo, +5.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Breckland area
A home in Breckland costs 7.9x the local median salary — moderate, improving from a peak of 9.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Breckland area
Average monthly rent in Breckland is £905, up 5.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Breckland price of £214,400 with a 25% deposit (£54k), a 2-year fixed mortgage at 3.97% costs around £846 per month.
Monthly cost comparison based on current data
Uses PE37 avg. price with Breckland rental data
Monthly mortgage payments (£846) are £59 less than renting (£905). However, buying requires an upfront deposit of £54k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
35, LONDON STREET PE37 7DD | Semi-detached | £107,000 | 23 Jan 2026 |
117, KENDLE ROAD PE37 8GT | Semi-detached | £200,000 | 23 Jan 2026 |
47, SOUTHLANDS PE37 7PF | Detached | £260,000 | 16 Jan 2026 |
10, SUTTON ROAD PE37 7SN | Semi-detached | £260,000 | 16 Jan 2026 |
17, MASONS DRIVE, NECTON PE37 8EE | Detached | £245,000 | 8 Jan 2026 |
7, WOLFERTON DRIVE PE37 7RZ | Semi-detached | £390,000 | 19 Dec 2025 |
THE STEEPLES, CHAPEL ROAD, NECTON PE37 8JA | Detached |
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.
The average property in PE37 sold for £214,400 in 2026, with a median of £245,000 across 5 transactions. Prices fell 17.2% compared to the previous year.
| £410,000 |
| 19 Dec 2025 |
GRASSMERE, NORWICH ROAD PE37 8DE | Detached | £450,000 | 19 Dec 2025 |
7, ORMESBY DRIVE PE37 7SL | Detached | £425,000 | 19 Dec 2025 |
31, MAYFLY ROAD PE37 8JF | Detached | £310,000 | 19 Dec 2025 |
2, LOW ROAD PE37 7PU | Detached | £135,000 | 18 Dec 2025 |
56, SHINGHAM PE37 8AY | Semi-detached | £263,000 | 18 Dec 2025 |
137, LONDON STREET PE37 7DW | Terraced | £157,500 | 18 Dec 2025 |
7, BARTON CLOSE PE37 7SB | Detached | £190,000 | 18 Dec 2025 |
17, LONDON STREET PE37 7DD | Detached | £550,000 | 16 Dec 2025 |
44, HOUGHTON LANE, NORTH PICKENHAM PE37 8LF | Semi-detached | £285,000 | 16 Dec 2025 |
10, WILLOW HERB DRIVE PE37 8FH | Terraced | £300,000 | 15 Dec 2025 |
8, ORMESBY DRIVE PE37 7SL | Detached | £400,000 | 15 Dec 2025 |
11, SHEPHERDS FOLD PE37 7TR | Detached | £334,000 | 10 Dec 2025 |
HOLLY COTTAGE, THEATRE STREET PE37 7HA | Detached | £252,000 | 10 Dec 2025 |
The most recent recorded sale in PE37 was a semi-detached property on London Street for £107,000 in January 2026. Across the last 20 sales, the median price was £285,000.