Key indicators for buyers
The NR15 market presents a mixed picture for buyers. Prices are rising at 4.6%, which may favour acting sooner rather than later. 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 £406,500 with a 25% deposit (£102k), a 2-year fixed mortgage at 3.97% costs around £1,604 per month.
Monthly cost comparison based on current data
Uses NR15 avg. price with South Norfolk rental data
Monthly mortgage payments (£1,604) are £641 more than renting (£963). However, buying requires an upfront deposit of £102k — it would take around 26 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2, BROADWAY CLOSE, HEMPNALL NR15 2LY | Semi-detached | £220,000 | 15 Jan 2026 |
FAILTE, THREADNEEDLE STREET, BERGH APTON NR15 1BJ | Detached | £560,000 | 9 Jan 2026 |
2, MILL LOKE, THE STREET, LONG STRATTON NR15 2AH | Flat/Maisonette | £241,000 | 9 Jan 2026 |
GREENWOOD COTTAGE, EDGES LANE, LONG STRATTON NR15 2QG | Detached | £605,000 | 6 Jan 2026 |
6, PATRICK ROAD, LONG STRATTON NR15 2PR | Detached | £322,500 | 19 Dec 2025 |
2A, SWAN LANE, LONG STRATTON NR15 2XN | Semi-detached | £187,000 | 19 Dec 2025 |
7, WOODLAND RISE, TASBURGH |
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 NR15 sold for £406,500 in 2026, with a median of £400,500 across 4 transactions. Prices rose 4.6% compared to the previous year.
| Terraced |
| £178,000 |
| 19 Dec 2025 |
17, HALL LANE, WACTON NR15 2UH | Detached | £410,000 | 19 Dec 2025 |
7, ST DAVIDS CLOSE, LONG STRATTON NR15 2PP | Terraced | £155,000 | 18 Dec 2025 |
19, SPRINGFIELD CHASE, LONG STRATTON NR15 2WQ | Detached | £330,000 | 18 Dec 2025 |
21, WHITEHOUSE DRIVE, LONG STRATTON NR15 2TD | Semi-detached | £240,000 | 18 Dec 2025 |
2, THE KEYS, BROOKE NR15 1JJ | Detached | £330,000 | 15 Dec 2025 |
BLUEBELL COTTAGE, 55, BUSSEYBRIDGE, BERGH APTON NR15 1DF | Semi-detached | £478,000 | 15 Dec 2025 |
4, OWENS CLOSE, LONG STRATTON NR15 2TX | Semi-detached | £222,500 | 12 Dec 2025 |
84, ALAN AVENUE, NEWTON FLOTMAN NR15 1RF | Terraced | £220,000 | 12 Dec 2025 |
7, MERRYWEATHER CLOSE, LONG STRATTON NR15 2YZ | Semi-detached | £190,000 | 8 Dec 2025 |
17, ENTRANCE LANE, BROOKE NR15 1LE | Terraced | £255,000 | 8 Dec 2025 |
7, ICE HOUSE COURT, LONG STRATTON NR15 2TQ | Semi-detached | £364,150 | 5 Dec 2025 |
24, JERMYN WAY, THARSTON NR15 2ZA | Detached | £425,000 | 5 Dec 2025 |
69, THE STREET, BROOKE NR15 1JT | Detached | £400,000 | 5 Dec 2025 |
The most recent recorded sale in NR15 was a semi-detached property on Broadway Close for £220,000 in January 2026. Across the last 20 sales, the median price was £322,500.