Key indicators for buyers
The NR7 market presents a mixed picture for buyers. Prices are rising at 13.1%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.8x in 2017 to 8.1x today. Rising rents (£930/mo, +6.8%) 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 Broadland area
A home in Broadland costs 8.1x the local median salary — stretched, improving from a peak of 9.8x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Broadland area
Average monthly rent in Broadland is £930, up 6.8% 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 Broadland price of £330,866 with a 25% deposit (£83k), a 2-year fixed mortgage at 3.97% costs around £1,306 per month.
Monthly cost comparison based on current data
Uses NR7 avg. price with Broadland rental data
Monthly mortgage payments (£1,306) are £376 more than renting (£930). However, buying requires an upfront deposit of £83k — it would take around 17 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, CORDWAINER CLOSE, SPROWSTON NR7 8GT | Flat/Maisonette | £157,500 | 23 Jan 2026 |
13, WILLIAMSON CLOSE NR7 9DT | Terraced | £262,000 | 21 Jan 2026 |
21, HILLSIDE AVENUE NR7 0QW | Detached | £740,000 | 20 Jan 2026 |
16, PARANA COURT NR7 8BH | Semi-detached | £320,000 | 19 Jan 2026 |
54, WATLING ROAD NR7 9TF | Terraced | £190,000 | 16 Jan 2026 |
17, HILLY PLANTATION NR7 0JN | Detached | £770,000 | 15 Jan 2026 |
178, YARMOUTH ROAD NR7 0AD | Terraced |
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 NR7 sold for £330,866 in 2026, with a median of £280,000 across 19 transactions. Prices rose 13.1% compared to the previous year.
| £268,000 |
| 15 Jan 2026 |
70, YARMOUTH ROAD NR7 0QZ | Detached | £300,000 | 15 Jan 2026 |
109, OVERSTRAND WAY, SPROWSTON NR7 8FZ | Terraced | £232,000 | 14 Jan 2026 |
11, MONTROSE COURT NR7 0RY | Detached | £310,000 | 13 Jan 2026 |
2, GREENWOOD WAY NR7 9HN | Detached | £280,000 | 13 Jan 2026 |
58, EASTERN AVENUE NR7 0UQ | Semi-detached | £320,000 | 9 Jan 2026 |
107, OVERSTRAND WAY, SPROWSTON NR7 8FZ | Terraced | £234,000 | 9 Jan 2026 |
7, RECREATION GROUND ROAD NR7 8EN | Semi-detached | £323,000 | 9 Jan 2026 |
7, CHARLES AVENUE NR7 0PA | Semi-detached | £280,000 | 9 Jan 2026 |
12, LONE BARN ROAD, SPROWSTON NR7 8HZ | Semi-detached | £230,000 | 9 Jan 2026 |
3, GRAHAM SQUARE NR7 9QD | Semi-detached | £240,000 | 9 Jan 2026 |
3A, SOUTH AVENUE NR7 0EY | Detached | £499,950 | 7 Jan 2026 |
11, EASTERN CRESCENT NR7 0UH | Detached | £330,000 | 6 Jan 2026 |
20, GRAHAM SQUARE NR7 9QD | Flat/Maisonette | £135,000 | 19 Dec 2025 |
The most recent recorded sale in NR7 was a flat/maisonette property on Cordwainer Close for £157,500 in January 2026. Across the last 20 sales, the median price was £280,000.