Imofolio

North Norfolk · report

Past price cycles in North Norfolk

Sale prices have fallen by 3% or more 11 times since 1995. The deepest began in December 2007.

Deepest fall
−20.1%
Recovery from the low
68 months

Prices in North Norfolk and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • North Norfolk
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodNorth NorfolkUnited Kingdom
Aug 2026499.1534.7
Jul 2026512.9532.9
Jun 2026521.0530.1
May 2026512.4533.1
Apr 2026501.1530.6
Mar 2026504.6526.0
Feb 2026507.1527.6
Jan 2026506.5526.4
Dec 2025500.0524.8
Nov 2025505.2529.6
Oct 2025517.2528.4
Sep 2025517.5527.8
Aug 2025522.1529.8
Jul 2025526.4526.5
Jun 2025514.8522.4
May 2025515.5517.1
Apr 2025509.2509.5
Mar 2025525.6524.8
Feb 2025526.8518.5
Jan 2025521.9518.8
Dec 2024522.0517.0
Nov 2024518.7518.0
Oct 2024525.8519.4
Sep 2024526.2518.4
Aug 2024531.1519.1
Jul 2024524.4514.0
Jun 2024520.6508.3
May 2024518.1506.3
Apr 2024526.8502.2
Mar 2024539.5499.5
Feb 2024530.4498.6
Jan 2024532.5501.2
Dec 2023535.9501.6
Nov 2023546.2505.9
Oct 2023546.1509.4
Sep 2023546.1511.7
Aug 2023549.5514.2
Jul 2023556.8511.4
Jun 2023540.6505.8
May 2023543.7503.9
Apr 2023524.6502.2
Mar 2023534.5501.1
Feb 2023530.1506.8
Jan 2023544.2511.0
Dec 2022535.8515.4
Nov 2022543.5519.5
Oct 2022540.6520.3
Sep 2022559.7520.3
Aug 2022545.1519.2
Jul 2022544.8514.8
Jun 2022530.7505.4
May 2022533.6499.4
Apr 2022531.9493.8
Mar 2022532.5488.0
Feb 2022535.5486.2
Jan 2022525.9485.7
Dec 2021512.2480.1
Nov 2021502.0477.7
Oct 2021483.1468.5
Sep 2021469.2480.5
Aug 2021472.7466.8
Jul 2021484.8453.1
Jun 2021491.3475.4
May 2021478.4451.4
Apr 2021471.7448.4
Mar 2021470.6455.2
Feb 2021475.4448.6
Jan 2021474.0447.3
Dec 2020480.1447.3
Nov 2020484.1443.9
Oct 2020485.9439.4
Sep 2020472.1435.7
Aug 2020446.7431.1
Jul 2020426.3426.9
Jun 2020425.5423.4
May 2020432.7417.6
Apr 2020446.1415.5
Mar 2020448.2419.7
Feb 2020445.9416.0
Jan 2020445.5418.4
Dec 2019448.1418.1
Nov 2019454.8418.7
Oct 2019450.5420.2
Sep 2019444.7421.3
Aug 2019439.5421.0
Jul 2019446.5419.6
Jun 2019440.9415.0
May 2019432.8413.2
Apr 2019433.2412.6
Mar 2019438.5409.7
Feb 2019441.5410.8
Jan 2019433.6411.8
Dec 2018431.5414.4
Nov 2018438.3415.3
Oct 2018448.2417.1
Sep 2018455.9417.5
Aug 2018451.5418.3
Jul 2018441.4417.0
Jun 2018432.7411.9
May 2018429.9409.2
Apr 2018432.4407.5
Mar 2018431.0403.7
Feb 2018431.7406.1
Jan 2018422.9405.0
Dec 2017428.7406.5
Nov 2017426.8404.9
Oct 2017427.2406.0
Sep 2017421.5405.7
Aug 2017415.5407.2
Jul 2017412.1405.4
Jun 2017402.6400.2
May 2017401.4396.8
Apr 2017402.2394.4
Mar 2017401.8388.3
Feb 2017403.4389.1
Jan 2017396.7388.3
Dec 2016394.1388.7
Nov 2016392.2388.0
Oct 2016395.2386.2
Sep 2016394.3387.5
Aug 2016391.5388.1
Jul 2016388.6388.1
Jun 2016383.2384.0
May 2016385.1380.4
Apr 2016380.1376.0
Mar 2016381.7374.6
Feb 2016374.2370.8
Jan 2016373.6370.6
Dec 2015375.3369.6
Nov 2015383.3368.4
Oct 2015381.0365.6
Sep 2015380.1365.1
Aug 2015365.8364.3
Jul 2015360.5361.0
Jun 2015347.4355.0
May 2015346.1352.3
Apr 2015348.7348.5
Mar 2015349.8345.5
Feb 2015346.6344.2
Jan 2015344.3343.9
Dec 2014347.4345.7
Nov 2014353.2344.9
Oct 2014346.5346.1
Sep 2014341.8346.6
Aug 2014338.5346.2
Jul 2014342.0342.2
Jun 2014342.8337.5
May 2014336.2334.6
Apr 2014330.3331.1
Mar 2014323.8323.9
Feb 2014322.0322.7
Jan 2014323.0321.4
Dec 2013320.5321.0
Nov 2013323.0318.1
Oct 2013314.6316.4
Sep 2013321.3317.7
Aug 2013317.4317.4
Jul 2013320.6314.9
Jun 2013309.8311.4
May 2013315.0308.9
Apr 2013310.5307.3
Mar 2013315.0304.3
Feb 2013307.1302.5
Jan 2013318.5302.5
Dec 2012324.5304.6
Nov 2012317.5305.3
Oct 2012313.8305.0
Sep 2012297.9307.2
Aug 2012302.7308.3
Jul 2012293.2307.9
Jun 2012302.8306.7
May 2012301.3303.8
Apr 2012295.6302.8
Mar 2012303.7299.3
Feb 2012305.5298.5
Jan 2012321.2299.3
Dec 2011307.6301.3
Nov 2011307.6302.6
Oct 2011308.7302.5
Sep 2011312.0305.8
Aug 2011313.5306.6
Jul 2011313.9306.4
Jun 2011308.5302.6
May 2011308.4302.1
Apr 2011294.8303.4
Mar 2011299.7298.8
Feb 2011294.4300.2
Jan 2011300.4301.8
Dec 2010313.1304.3
Nov 2010318.9304.9
Oct 2010318.1308.5
Sep 2010311.3312.0
Aug 2010319.0312.8
Jul 2010319.6312.8
Jun 2010321.0309.7
May 2010310.2308.2
Apr 2010310.8306.7
Mar 2010305.5302.8
Feb 2010307.3302.8
Jan 2010305.5302.1
Dec 2009304.0303.2
Nov 2009307.4301.2
Oct 2009310.4300.2
Sep 2009309.2298.2
Aug 2009292.1295.9
Jul 2009290.5293.0
Jun 2009289.2287.8
May 2009289.0285.0
Apr 2009284.5281.1
Mar 2009279.8278.6
Feb 2009284.2280.3
Jan 2009295.0283.6
Dec 2008311.5290.3
Nov 2008324.6294.8
Oct 2008324.4303.4
Sep 2008322.8309.6
Aug 2008324.4317.6
Jul 2008329.4324.4
Jun 2008323.2328.0
May 2008324.5332.4
Apr 2008322.6330.4
Mar 2008328.3329.8
Feb 2008333.6332.2
Jan 2008341.2335.1
Dec 2007350.4341.3
Nov 2007347.3341.8
Oct 2007342.0342.0
Sep 2007335.4342.8
Aug 2007332.0342.3
Jul 2007322.9340.4
Jun 2007319.5336.1
May 2007309.1332.5
Apr 2007309.6328.7
Mar 2007311.9322.2
Feb 2007323.7319.8
Jan 2007322.8318.8
Dec 2006313.6319.0
Nov 2006305.2315.0
Oct 2006306.4313.4
Sep 2006308.3311.6
Aug 2006303.9310.3
Jul 2006302.3307.7
Jun 2006299.5303.4
May 2006299.4300.5
Apr 2006294.8297.7
Mar 2006290.0291.4
Feb 2006288.1289.0
Jan 2006286.4288.6
Dec 2005288.6289.0
Nov 2005284.7287.4
Oct 2005287.2286.6
Sep 2005289.5287.1
Aug 2005297.7287.6
Jul 2005298.5286.4
Jun 2005288.5282.8
May 2005276.0280.6
Apr 2005260.9277.6
Mar 2005258.4273.7
Feb 2005269.4271.5
Jan 2005281.8271.7
Dec 2004284.5271.9
Nov 2004279.2273.9
Oct 2004280.1274.3
Sep 2004285.0272.3
Aug 2004282.9272.8
Jul 2004272.1269.7
Jun 2004261.1264.1
May 2004250.3259.5
Apr 2004248.6256.4
Mar 2004250.3245.3
Feb 2004254.9244.7
Jan 2004248.6247.1
Dec 2003244.9245.6
Nov 2003236.6240.9
Oct 2003236.9243.6
Sep 2003233.4239.4
Aug 2003229.3240.2
Jul 2003223.5236.0
Jun 2003210.5231.9
May 2003214.3231.4
Apr 2003222.8233.0
Mar 2003233.5227.6
Feb 2003223.8222.8
Jan 2003211.3225.2
Dec 2002200.9226.8
Nov 2002203.0219.5
Oct 2002199.3217.3
Sep 2002196.0215.7
Aug 2002196.6210.6
Jul 2002195.6206.0
Jun 2002194.6204.4
May 2002184.3196.4
Apr 2002178.4191.4
Mar 2002175.6188.9
Feb 2002171.1182.5
Jan 2002169.1176.1
Dec 2001165.7176.7
Nov 2001163.4176.7
Oct 2001158.8176.7
Sep 2001155.9180.3
Aug 2001155.9180.3
Jul 2001153.6180.3
Jun 2001152.5174.1
May 2001146.1174.1
Apr 2001143.9174.1
Mar 2001145.3168.0
Feb 2001142.5168.0
Jan 2001141.4168.0
Dec 2000135.1168.9
Nov 2000137.4168.9
Oct 2000135.3168.9
Sep 2000135.3164.0
Aug 2000133.3164.0
Jul 2000132.8164.0
Jun 2000131.9161.0
May 2000129.7161.0
Apr 2000126.9161.0
Mar 2000120.1152.6
Feb 2000119.2152.6
Jan 2000119.1152.6
Dec 1999118.0148.8
Nov 1999119.8148.8
Oct 1999120.1148.8
Sep 1999117.9145.1
Aug 1999112.1145.1
Jul 1999105.8145.1
Jun 1999106.9137.1
May 1999105.1137.1
Apr 1999104.5137.1
Mar 1999105.4131.5
Feb 1999105.3131.5
Jan 1999105.6131.5
Dec 1998102.2130.7
Nov 1998103.7130.7
Oct 1998104.1130.7
Sep 1998104.3131.3
Aug 1998104.9131.3
Jul 1998105.6131.3
Jun 1998106.4125.8
May 1998105.3125.8
Apr 1998101.6125.8
Mar 199899.0119.5
Feb 199897.4119.5
Jan 199898.2119.5
Dec 199799.2116.5
Nov 199799.2116.5
Oct 199797.4116.5
Sep 199794.3117.4
Aug 199793.1117.4
Jul 199792.7117.4
Jun 199793.6111.7
May 199790.2111.7
Apr 199790.5111.7
Mar 199789.9109.5
Feb 199789.9109.5
Jan 199789.0109.5
Dec 199688.6108.0
Nov 199690.3108.0
Oct 199687.4108.0
Sep 199686.8106.2
Aug 199685.3106.2
Jul 199686.1106.2
Jun 199687.6102.2
May 199686.8102.2
Apr 199688.2102.2
Mar 199682.6102.1
Feb 199682.2102.1
Jan 199681.8102.1
Dec 199586.5100.6
Nov 199586.0100.6
Oct 199588.2100.6
Sep 199587.3102.0
Aug 199589.4102.0
Jul 199586.1102.0
Jun 199585.6101.1
May 199584.3101.1
Apr 199586.2101.1
Mar 199591.0100.0
Feb 199594.1100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 1995January 1996−18.2%1227
June 1998December 1998−4.0%66
March 2003June 2003−9.8%34
September 2004March 2005−9.4%63
July 2005November 2005−4.6%46
February 2007May 2007−4.5%33
December 2007March 2009−20.1%1568
September 2018June 2020−6.7%213
October 2020March 2021−3.2%53
June 2021September 2021−4.5%32
September 2022August 2026−10.8%47Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for North Norfolk

Sale prices have an 80% chance of landing between £258,724 and £299,030 by August 2027.

Expected, August 2027
£278,877
Chance of a rise
32%

At the average sale price, a home costs £286,315. With 10% down and a 30-year mortgage, the payment is £1,321 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
23%
Payment, one income
46%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£865
Owning per month
£1,348

4.8% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
210
Per 1,000 residents
2.0

Figures for United Kingdom: North Norfolk has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 286 while 180 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+286

8.9% of the 56,680 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.9%
Empty homes
5,035

In 2025, 40% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
40%