Key indicators for buyers
The NR11 market is moderately favourable for buyers. Prices have softened (-5.0%), which could present a buying opportunity. Affordability has improved from a peak of 11.6x in 2021 to 9.3x today. Rising rents (£854/mo, +6.0%) 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 North Norfolk area
A home in North Norfolk costs 9.3x the local median salary — stretched, improving from a peak of 11.6x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Norfolk area
Average monthly rent in North Norfolk is £854, up 6.0% 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 North Norfolk price of £335,500 with a 25% deposit (£84k), a 2-year fixed mortgage at 3.97% costs around £1,324 per month.
Monthly cost comparison based on current data
Uses NR11 avg. price with North Norfolk rental data
Monthly mortgage payments (£1,324) are £470 more than renting (£854). However, buying requires an upfront deposit of £84k — it would take around 22 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
3, THE LOKE, GRESHAM NR11 8RJ | Terraced | £215,000 | 15 Jan 2026 |
5, GALE GARDENS, AYLSHAM NR11 6LN | Terraced | £355,000 | 13 Jan 2026 |
10, HARVEY ESTATE, GIMINGHAM NR11 8HA | Semi-detached | £252,500 | 9 Jan 2026 |
1A, HIGH STREET, MUNDESLEY NR11 8AE | Detached | £535,000 | 7 Jan 2026 |
2, JEGON CLOSE, AYLSHAM NR11 6JP | Detached | £320,000 | 6 Jan 2026 |
13, COLLINGWOOD DRIVE, MUNDESLEY NR11 8JB | Detached | £285,000 | 19 Dec 2025 |
SHALLOWBROOK, BRIDGE ROAD, COLBY NR11 7EA | Other |
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 NR11 sold for £335,500 in 2026, with a median of £320,000 across 5 transactions. Prices fell 5.0% compared to the previous year.
| £675,000 |
| 19 Dec 2025 |
CHESTNUTS, 35A, PASTON ROAD, MUNDESLEY NR11 8BW | Detached | £688,000 | 18 Dec 2025 |
30, PROSPECT DRIVE, AYLSHAM NR11 6FY | Detached | £320,000 | 17 Dec 2025 |
11, LIZ JONES WAY, AYLSHAM NR11 6FL | Detached | £340,000 | 16 Dec 2025 |
43, BURGH ROAD, AYLSHAM NR11 6AT | Semi-detached | £767,500 | 15 Dec 2025 |
34, MUNDESLEY ROAD, TRIMINGHAM NR11 8ED | Detached | £340,000 | 15 Dec 2025 |
12, CLOVER ROAD, AYLSHAM NR11 6JW | Terraced | £335,000 | 12 Dec 2025 |
11, BECK CLOSE, MUNDESLEY NR11 8QL | Detached | £470,000 | 12 Dec 2025 |
MEADOW VIEW, OLD TURNPIKE ROAD, ROUGHTON NR11 8SP | Detached | £327,000 | 12 Dec 2025 |
ELM TREE HOUSE, CHAPEL ROAD, ROUGHTON NR11 8AF | Terraced | £98,000 | 12 Dec 2025 |
33, SAPWELL CLOSE, AYLSHAM NR11 6EF | Detached | £232,000 | 11 Dec 2025 |
32, BUCKENHAM ROAD, AYLSHAM NR11 6GB | Terraced | £302,000 | 11 Dec 2025 |
4, THE MALTINGS, AYLSHAM NR11 6GX | Terraced | £375,000 | 11 Dec 2025 |
LAVENDER COTTAGE, ADAMS LANE, CORPUSTY NR11 6QJ | Semi-detached | £290,000 | 11 Dec 2025 |
The most recent recorded sale in NR11 was a terraced property on The Loke for £215,000 in January 2026. Across the last 20 sales, the median price was £335,000.