Key indicators for buyers
The NR28 market presents a mixed picture for buyers. Prices are rising at 9.9%, which may favour acting sooner rather than later. 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 £308,000 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,215 per month.
Monthly cost comparison based on current data
Uses NR28 avg. price with North Norfolk rental data
Monthly mortgage payments (£1,215) are £361 more than renting (£854). However, buying requires an upfront deposit of £77k — it would take around 17 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, THE HOLLIES NR28 0TN | Terraced | £205,000 | 16 Jan 2026 |
74, BRADFIELD ROAD NR28 0HQ | Semi-detached | £295,000 | 9 Jan 2026 |
1, RANDELL CLOSE NR28 9AQ | Detached | £520,000 | 9 Jan 2026 |
23, CROMER ROAD NR28 0HA | Detached | £293,000 | 8 Jan 2026 |
3, LONG BARROW DRIVE NR28 9YA | Detached | £360,000 | 7 Jan 2026 |
37, MUNDESLEY ROAD NR28 0DA | Terraced | £175,000 | 5 Jan 2026 |
BUTTERSTEEP, NORTH WALSHAM ROAD, TRUNCH NR28 0PH | 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 NR28 sold for £308,000 in 2026, with a median of £294,000 across 6 transactions. Prices rose 9.9% compared to the previous year.
| £365,000 |
| 19 Dec 2025 |
7, MANOR COURT NR28 9UZ | Semi-detached | £317,500 | 19 Dec 2025 |
23, SYCAMORE CLOSE NR28 0UB | Terraced | £180,000 | 19 Dec 2025 |
5, MARJORAM CLOSE NR28 9XW | Semi-detached | £180,000 | 18 Dec 2025 |
14, AYLSHAM ROAD NR28 0BH | Detached | £490,000 | 12 Dec 2025 |
26, YARMOUTH ROAD NR28 9AT | Detached | £490,000 | 5 Dec 2025 |
MILL HOUSE, THIRLBY ROAD NR28 9BA | Detached | £420,000 | 5 Dec 2025 |
23, PRINCES STREET NR28 0HX | Terraced | £275,000 | 5 Dec 2025 |
44, MARKET PLACE NR28 9BT | Other | £130,000 | 5 Dec 2025 |
14, HARVEY DRIVE NR28 0TJ | Detached | £300,000 | 4 Dec 2025 |
RONGENE, STATION ROAD, WORSTEAD NR28 9RX | Detached | £375,000 | 4 Dec 2025 |
53, BRADFIELD ROAD NR28 0HF | Semi-detached | £240,000 | 3 Dec 2025 |
18, KENDALL CLOSE NR28 0HJ | Detached | £295,000 | 3 Dec 2025 |
70, YARMOUTH ROAD NR28 9AU | Detached | £382,500 | 1 Dec 2025 |
The most recent recorded sale in NR28 was a terraced property on The Hollies for £205,000 in January 2026. Across the last 20 sales, the median price was £300,000.