Key indicators for buyers
The NR12 market is moderately favourable for buyers. Prices have softened (-12.0%), 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 £317,600 with a 25% deposit (£79k), a 2-year fixed mortgage at 3.97% costs around £1,253 per month.
Monthly cost comparison based on current data
Uses NR12 avg. price with North Norfolk rental data
Monthly mortgage payments (£1,253) are £399 more than renting (£854). However, buying requires an upfront deposit of £79k — it would take around 19 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
THE GROVE, ST JOHNS ROAD, STALHAM NR12 9BE | Detached | £490,000 | 26 Jan 2026 |
ROWENA, COAST ROAD, BACTON NR12 0EW | Semi-detached | £155,000 | 23 Jan 2026 |
HOLLY FARM, MOOR ROAD, SUTTON NR12 9QN | Other | £585,000 | 21 Jan 2026 |
1, THE PADDOCK, HAPPISBURGH NR12 0PU | Semi-detached | £205,000 | 19 Jan 2026 |
4, LAUREL FARM BARNS, MARKET STREET, TUNSTEAD NR12 8QY | Terraced | £395,000 | 19 Jan 2026 |
HILLSIDE HOUSE, THE HILL, SMALLBURGH NR12 9AD | Detached | £335,000 | 14 Jan 2026 |
29, INGHAM ROAD, STALHAM NR12 9DR |
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 NR12 sold for £317,600 in 2026, with a median of £292,500 across 10 transactions. Prices fell 12.0% compared to the previous year.
| Semi-detached |
| £236,000 |
| 12 Jan 2026 |
4, BURNT FEN WAY, HOVETON NR12 8GJ | Detached | £310,000 | 12 Jan 2026 |
WYNGATE, BEACH ROAD, HAPPISBURGH NR12 0PP | Semi-detached | £275,000 | 12 Jan 2026 |
26, TUNSTEAD ROAD, HOVETON NR12 8QN | Terraced | £190,000 | 7 Jan 2026 |
1, CALTHORPE CLOSE, STALHAM NR12 9EE | Other | £1,811,800 | 23 Dec 2025 |
SEVEN OAKS, CALTHORPE STREET, INGHAM NR12 9TF | Detached | £640,000 | 19 Dec 2025 |
23, HAVERGATE, HORSTEAD NR12 7EJ | Terraced | £185,000 | 18 Dec 2025 |
8, THE PADDOCK, HAPPISBURGH NR12 0QB | Detached | £405,000 | 17 Dec 2025 |
7, HORIZON VIEWS, WALCOTT NR12 0NY | Semi-detached | £148,000 | 12 Dec 2025 |
37, TERESA ROAD, STALHAM NR12 9EB | Detached | £275,000 | 12 Dec 2025 |
9, POST OFFICE ROAD, FRETTENHAM NR12 7AB | Semi-detached | £450,000 | 12 Dec 2025 |
VINE COTTAGE, MILL ROAD, STALHAM NR12 9BT | Detached | £393,000 | 12 Dec 2025 |
1 JUBILEE VILLAS, PRIORY ROAD, BACTON NR12 0HQ | Semi-detached | £415,000 | 5 Dec 2025 |
18, ST MARYS ROAD, STALHAM NR12 9DU | Semi-detached | £330,000 | 5 Dec 2025 |
The most recent recorded sale in NR12 was a detached property on St Johns Road for £490,000 in January 2026. Across the last 20 sales, the median price was £335,000.