Key indicators for buyers
The NR22 market is moderately favourable for buyers. Prices have softened (-79.8%), 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
2025averages · 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 £352,600 with a 25% deposit (£88k), a 2-year fixed mortgage at 3.97% costs around £1,391 per month.
Monthly cost comparison based on current data
Uses NR22 avg. price with North Norfolk rental data
Monthly mortgage payments (£1,391) are £537 more than renting (£854). However, buying requires an upfront deposit of £88k — it would take around 25 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
37A, HIGH STREET NR22 6BZ | Terraced | £280,000 | 12 Dec 2025 |
41, WELLS ROAD NR22 6DN | Terraced | £220,000 | 28 Nov 2025 |
11, HIGH STREET NR22 6BY | Terraced | £248,500 | 20 Oct 2025 |
71, MOUNT PLEASANT NR22 6DE | Semi-detached | £143,500 | 12 Sept 2025 |
WINDSOR HOUSE, WELLS ROAD NR22 6DL | Detached | £550,000 | 5 Mar 2025 |
ST SEIRIOL, CROWN YARD, 5, GUILD STREET NR22 6BU | Semi-detached | £475,000 | 21 Feb 2025 |
9, HIGH STREET NR22 6BY | 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 NR22 sold for £352,600 in 2025, with a median of £345,000 across 10 transactions. Prices fell 79.8% compared to the previous year.
| £375,000 |
| 7 Feb 2025 |
HALF MOON HOUSE, HINDRINGHAM ROAD NR22 6DR | Other | £499,000 | 29 Jan 2025 |
10, EGMERE WELLS COTTAGES, EGMERE NR22 6AU | Semi-detached | £315,000 | 20 Jan 2025 |
BOLT HOUSE, HINDRINGHAM ROAD NR22 6DR | Other | £420,000 | 10 Jan 2025 |
43, WELLS ROAD NR22 6DN | Semi-detached | £230,000 | 16 Dec 2024 |
19, EGMERE WELLS COTTAGES, EGMERE NR22 6AU | Semi-detached | £350,000 | 4 Dec 2024 |
HOUGHTON FARMHOUSE, FAKENHAM ROAD, HOUGHTON ST GILES NR22 6AQ | Other | £7,541,500 | 27 Nov 2024 |
STONEGATE FARM, EGMERE ROAD NR22 6BS | Other | £7,541,500 | 27 Nov 2024 |
FOUNDRY FARM HOUSE, HINDRINGHAM ROAD NR22 6DR | Other | £1,258,750 | 27 Nov 2024 |
GARAGE, STATION ROAD NR22 6EB | Other | £7,541,500 | 27 Nov 2024 |
TUDOR COTTAGE, HINDRINGHAM ROAD NR22 6DR | Semi-detached | £650,000 | 28 Oct 2024 |
THE OLD CHAPEL, HINDRINGHAM ROAD NR22 6DR | Terraced | £475,000 | 10 Sept 2024 |
THREE TUNS, SCARBOROUGH ROAD NR22 6AB | Detached | £430,000 | 2 Sept 2024 |
MILL HOUSE, 5, SCARBOROUGH ROAD NR22 6AB | Detached | £650,000 | 23 Aug 2024 |
The most recent recorded sale in NR22 was a terraced property on High Street for £280,000 in December 2025. Across the last 20 sales, the median price was £475,000.