Key indicators for buyers
The NR8 market is moderately favourable for buyers. Prices have softened (-5.9%), which could present a buying opportunity. 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 £306,909 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,211 per month.
Monthly cost comparison based on current data
Uses NR8 avg. price with Broadland rental data
Monthly mortgage payments (£1,211) are £281 more than renting (£930). However, buying requires an upfront deposit of £77k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
47, WITHY WAY, TAVERHAM NR8 6YB | Detached | £337,500 | 20 Jan 2026 |
37, OLD WARREN, TAVERHAM NR8 6GA | Semi-detached | £208,000 | 20 Jan 2026 |
3, CARRS HILL CLOSE, COSTESSEY NR8 5DW | Detached | £450,000 | 15 Jan 2026 |
26, TRIMMING WALK, TAVERHAM NR8 6YX | Terraced | £245,000 | 15 Jan 2026 |
3, FRESHWATER WAY, DRAYTON NR8 6BY | Detached | £315,000 | 12 Jan 2026 |
41, WALSINGHAM DRIVE, TAVERHAM NR8 6FZ | Semi-detached | £208,500 | 9 Jan 2026 |
53, THE DROVE, TAVERHAM NR8 6FT | Semi-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 NR8 sold for £306,909 in 2026, with a median of £245,000 across 11 transactions. Prices fell 5.9% compared to the previous year.
| £242,000 |
| 9 Jan 2026 |
34, PEDDARS WAY, TAVERHAM NR8 6UN | Terraced | £230,000 | 9 Jan 2026 |
2, BREYDON DRIVE, COSTESSEY NR8 5AR | Semi-detached | £255,000 | 6 Jan 2026 |
COLCROFT, THE CROFT, COSTESSEY NR8 5DT | Detached | £675,000 | 6 Jan 2026 |
84, OLD WARREN, TAVERHAM NR8 6GE | Terraced | £210,000 | 6 Jan 2026 |
25, BRIAN MC CARTER GARDENS, COSTESSEY NR8 5GY | Flat/Maisonette | £185,000 | 19 Dec 2025 |
75, THE CAINS, TAVERHAM NR8 6FU | Detached | £305,000 | 19 Dec 2025 |
41, PETER PULLING DRIVE, COSTESSEY NR8 5GN | Semi-detached | £240,000 | 19 Dec 2025 |
106, THE STREET, COSTESSEY NR8 5DF | Semi-detached | £180,000 | 19 Dec 2025 |
71, LLOYD ROAD, TAVERHAM NR8 6LN | Semi-detached | £310,000 | 18 Dec 2025 |
THE VIEW, 35, SCHOOL ROAD, DRAYTON NR8 6EF | Other | £1,055,000 | 18 Dec 2025 |
15, OLD WARREN, TAVERHAM NR8 6GA | Terraced | £195,000 | 16 Dec 2025 |
48, GEORGE DRIVE, DRAYTON NR8 6DU | Semi-detached | £375,000 | 16 Dec 2025 |
11, POETHLYN DRIVE, COSTESSEY NR8 5ET | Detached | £350,000 | 15 Dec 2025 |
The most recent recorded sale in NR8 was a detached property on Withy Way for £337,500 in January 2026. Across the last 20 sales, the median price was £255,000.