Key indicators for buyers
The NR21 market is moderately favourable for buyers. Prices have softened (-26.8%), 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 £237,875 with a 25% deposit (£59k), a 2-year fixed mortgage at 3.97% costs around £939 per month.
Monthly cost comparison based on current data
Uses NR21 avg. price with North Norfolk rental data
Monthly mortgage payments (£939) are £85 more than renting (£854). However, buying requires an upfront deposit of £59k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
10, BURNHAM ROAD, NORTH CREAKE NR21 9JR | Terraced | £312,000 | 29 Jan 2026 |
5, FRONT STREET, SOUTH CREAKE NR21 9PF | Semi-detached | £230,000 | 26 Jan 2026 |
6, MASSEY COURT NR21 9TA | Terraced | £217,000 | 9 Jan 2026 |
147, NORTH PARK NR21 9RJ | Semi-detached | £192,500 | 9 Jan 2026 |
15, CROXTON ROAD, FULMODESTONE NR21 0NJ | Detached | £460,000 | 19 Dec 2025 |
1, WIGG ROAD NR21 9RU | Terraced | £205,000 | 18 Dec 2025 |
41, SANDY LANE NR21 9EX | 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 NR21 sold for £237,875 in 2026, with a median of £223,500 across 4 transactions. Prices fell 26.8% compared to the previous year.
| £425,000 |
| 18 Dec 2025 |
38, QUEENS ROAD NR21 8DB | Semi-detached | £285,000 | 15 Dec 2025 |
18, GWYN CRESCENT NR21 8NE | Semi-detached | £227,500 | 15 Dec 2025 |
143, NORTH PARK NR21 9RJ | Semi-detached | £210,000 | 12 Dec 2025 |
15A, HILLSIDE, EAST BARSHAM NR21 0LE | Semi-detached | £255,000 | 11 Dec 2025 |
7, TOWNSHEND GREEN EAST NR21 8LU | Detached | £310,000 | 11 Dec 2025 |
15, WHITELANDS NR21 8EW | Detached | £270,000 | 11 Dec 2025 |
8, SCULTHORPE EASTGATE NR21 9EU | Terraced | £194,000 | 11 Dec 2025 |
ROSE COTTAGE, WOOD NORTON ROAD, STIBBARD NR21 0EY | Detached | £190,000 | 10 Dec 2025 |
1, FIELD DALLING ROAD, BINHAM NR21 0DE | Detached | £690,000 | 10 Dec 2025 |
66, HAYES LANE NR21 9ER | Semi-detached | £227,500 | 9 Dec 2025 |
4, THE PADDOCK, NORTH CREAKE NR21 9JY | Semi-detached | £390,000 | 9 Dec 2025 |
20, WARREN AVENUE NR21 8NP | Flat/Maisonette | £105,000 | 8 Dec 2025 |
16, HAYES LANE NR21 9ER | Semi-detached | £265,001 | 5 Dec 2025 |
The most recent recorded sale in NR21 was a terraced property on Burnham Road for £312,000 in January 2026. Across the last 20 sales, the median price was £255,000.