Key indicators for buyers
The NR14 market is moderately favourable for buyers. Prices have softened (-21.4%), which could present a buying opportunity. Affordability has improved from a peak of 9.5x in 2022 to 8.1x today. Rising rents (£963/mo, +4.7%) 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 South Norfolk area
A home in South Norfolk costs 8.1x the local median salary — stretched, improving from a peak of 9.5x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Norfolk area
Average monthly rent in South Norfolk is £963, up 4.7% 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 South Norfolk price of £295,818 with a 25% deposit (£74k), a 2-year fixed mortgage at 3.97% costs around £1,167 per month.
Monthly cost comparison based on current data
Uses NR14 avg. price with South Norfolk rental data
Monthly mortgage payments (£1,167) are £204 more than renting (£963). However, buying requires an upfront deposit of £74k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
REHOBOTH HOUSE, HECKINGHAM PARK DRIVE, HALES NR14 6FJ | Detached | £220,000 | 20 Jan 2026 |
34, CHESTNUT DRIVE, LODDON NR14 6GF | Detached | £440,000 | 16 Jan 2026 |
30, MENTMORE WAY, PORINGLAND NR14 7XN | Detached | £285,000 | 16 Jan 2026 |
4, THE CRESCENT, THURTON NR14 6AS | Detached | £265,000 | 15 Jan 2026 |
MEADOWBANK, PITS LANE, CHEDGRAVE NR14 6NQ | Terraced | £226,000 | 9 Jan 2026 |
4, HOLMEMEAD, WHITLINGHAM LANE, TROWSE NR14 8UA | Terraced | £325,000 | 9 Jan 2026 |
35, HILLSIDE, CHEDGRAVE NR14 6HZ |
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 NR14 sold for £295,818 in 2026, with a median of £300,000 across 11 transactions. Prices fell 21.4% compared to the previous year.
| Semi-detached |
| £300,000 |
| 9 Jan 2026 |
9, ST GEORGES CLOSE, THURTON NR14 6AY | Semi-detached | £305,000 | 9 Jan 2026 |
49, OAK AVENUE, LODDON NR14 6FT | Terraced | £215,000 | 9 Jan 2026 |
2, GRAVEL HILL, STOKE HOLY CROSS NR14 8LH | Detached | £300,000 | 5 Jan 2026 |
ANKADOWNE, SANDY LANE, THURLTON NR14 6QX | Semi-detached | £373,000 | 5 Jan 2026 |
47, OAK AVENUE, LODDON NR14 6FT | Terraced | £210,000 | 22 Dec 2025 |
CILDOR, SWARDESTON LANE, EAST CARLETON NR14 8LF | Detached | £281,000 | 19 Dec 2025 |
34, LARK RISE, MULBARTON NR14 8EE | Semi-detached | £225,000 | 18 Dec 2025 |
42, LONG ROAD, FRAMINGHAM EARL NR14 7RY | Detached | £862,500 | 18 Dec 2025 |
4, FITZGERALD ROAD, PORINGLAND NR14 7TD | Terraced | £207,000 | 17 Dec 2025 |
14, CORNFIELD ROAD, MULBARTON NR14 8GQ | Detached | £620,000 | 16 Dec 2025 |
16, CORNFIELD ROAD, MULBARTON NR14 8GQ | Detached | £500,000 | 16 Dec 2025 |
13, KINGFISHER WALK, LODDON NR14 6FB | Terraced | £280,000 | 15 Dec 2025 |
2, LANSDOWNE DRIVE, PORINGLAND NR14 7XL | Detached | £427,500 | 15 Dec 2025 |
The most recent recorded sale in NR14 was a detached property on Heckingham Park Drive for £220,000 in January 2026. Across the last 20 sales, the median price was £300,000.