Imofolio

South Norfolk · report

Past price cycles in South Norfolk

Sale prices have fallen by 3% or more 10 times since 1995. The deepest began in October 2007.

Deepest fall
−21.0%
Recovery from the low
68 months

Prices in South Norfolk and the UK, indexed

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

  • South Norfolk
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodSouth NorfolkUnited Kingdom
Aug 2026532.0534.7
Jul 2026536.0532.9
Jun 2026534.8530.1
May 2026540.3533.1
Apr 2026538.1530.6
Mar 2026539.4526.0
Feb 2026536.2527.6
Jan 2026535.8526.4
Dec 2025535.0524.8
Nov 2025540.6529.6
Oct 2025540.8528.4
Sep 2025540.8527.8
Aug 2025533.0529.8
Jul 2025530.8526.5
Jun 2025529.2522.4
May 2025534.2517.1
Apr 2025533.7509.5
Mar 2025537.8524.8
Feb 2025532.8518.5
Jan 2025530.3518.8
Dec 2024525.8517.0
Nov 2024526.8518.0
Oct 2024523.1519.4
Sep 2024514.4518.4
Aug 2024506.8519.1
Jul 2024503.8514.0
Jun 2024501.7508.3
May 2024505.7506.3
Apr 2024510.7502.2
Mar 2024521.1499.5
Feb 2024522.8498.6
Jan 2024518.4501.2
Dec 2023517.4501.6
Nov 2023518.4505.9
Oct 2023523.1509.4
Sep 2023528.4511.7
Aug 2023531.0514.2
Jul 2023535.4511.4
Jun 2023532.1505.8
May 2023534.5503.9
Apr 2023540.5502.2
Mar 2023548.5501.1
Feb 2023549.6506.8
Jan 2023550.7511.0
Dec 2022544.7515.4
Nov 2022549.9519.5
Oct 2022549.9520.3
Sep 2022549.8520.3
Aug 2022538.2519.2
Jul 2022524.0514.8
Jun 2022524.4505.4
May 2022519.3499.4
Apr 2022520.3493.8
Mar 2022511.7488.0
Feb 2022510.5486.2
Jan 2022510.8485.7
Dec 2021504.1480.1
Nov 2021504.2477.7
Oct 2021494.2468.5
Sep 2021484.3480.5
Aug 2021480.1466.8
Jul 2021478.2453.1
Jun 2021483.9475.4
May 2021479.5451.4
Apr 2021475.5448.4
Mar 2021472.8455.2
Feb 2021469.8448.6
Jan 2021471.8447.3
Dec 2020468.6447.3
Nov 2020470.6443.9
Oct 2020465.0439.4
Sep 2020461.2435.7
Aug 2020456.1431.1
Jul 2020454.2426.9
Jun 2020452.5423.4
May 2020447.5417.6
Apr 2020452.1415.5
Mar 2020451.8419.7
Feb 2020447.9416.0
Jan 2020441.4418.4
Dec 2019443.4418.1
Nov 2019442.6418.7
Oct 2019440.6420.2
Sep 2019430.9421.3
Aug 2019428.6421.0
Jul 2019430.0419.6
Jun 2019435.6415.0
May 2019437.8413.2
Apr 2019439.8412.6
Mar 2019443.8409.7
Feb 2019444.1410.8
Jan 2019438.2411.8
Dec 2018440.3414.4
Nov 2018441.0415.3
Oct 2018445.7417.1
Sep 2018440.5417.5
Aug 2018440.0418.3
Jul 2018434.7417.0
Jun 2018433.0411.9
May 2018428.3409.2
Apr 2018426.4407.5
Mar 2018424.3403.7
Feb 2018420.3406.1
Jan 2018421.0405.0
Dec 2017422.4406.5
Nov 2017427.2404.9
Oct 2017425.2406.0
Sep 2017424.1405.7
Aug 2017419.5407.2
Jul 2017414.5405.4
Jun 2017407.0400.2
May 2017406.2396.8
Apr 2017408.2394.4
Mar 2017410.1388.3
Feb 2017410.9389.1
Jan 2017411.5388.3
Dec 2016407.5388.7
Nov 2016406.4388.0
Oct 2016403.2386.2
Sep 2016404.5387.5
Aug 2016399.0388.1
Jul 2016396.2388.1
Jun 2016388.7384.0
May 2016389.6380.4
Apr 2016386.5376.0
Mar 2016387.3374.6
Feb 2016380.8370.8
Jan 2016380.9370.6
Dec 2015376.0369.6
Nov 2015380.1368.4
Oct 2015372.5365.6
Sep 2015373.1365.1
Aug 2015362.6364.3
Jul 2015361.2361.0
Jun 2015351.8355.0
May 2015352.6352.3
Apr 2015348.9348.5
Mar 2015353.8345.5
Feb 2015349.5344.2
Jan 2015351.0343.9
Dec 2014354.8345.7
Nov 2014360.5344.9
Oct 2014360.9346.1
Sep 2014356.3346.6
Aug 2014352.3346.2
Jul 2014348.3342.2
Jun 2014340.6337.5
May 2014332.4334.6
Apr 2014327.0331.1
Mar 2014329.8323.9
Feb 2014334.4322.7
Jan 2014333.1321.4
Dec 2013327.5321.0
Nov 2013322.3318.1
Oct 2013319.3316.4
Sep 2013321.9317.7
Aug 2013317.7317.4
Jul 2013314.6314.9
Jun 2013310.6311.4
May 2013312.4308.9
Apr 2013315.0307.3
Mar 2013314.6304.3
Feb 2013310.8302.5
Jan 2013312.2302.5
Dec 2012313.5304.6
Nov 2012313.3305.3
Oct 2012314.6305.0
Sep 2012308.5307.2
Aug 2012311.0308.3
Jul 2012307.3307.9
Jun 2012305.8306.7
May 2012300.3303.8
Apr 2012294.9302.8
Mar 2012296.2299.3
Feb 2012300.1298.5
Jan 2012304.2299.3
Dec 2011307.7301.3
Nov 2011306.3302.6
Oct 2011306.7302.5
Sep 2011307.8305.8
Aug 2011301.1306.6
Jul 2011300.2306.4
Jun 2011297.2302.6
May 2011304.0302.1
Apr 2011300.8303.4
Mar 2011298.2298.8
Feb 2011300.6300.2
Jan 2011309.1301.8
Dec 2010308.4304.3
Nov 2010309.5304.9
Oct 2010311.9308.5
Sep 2010317.5312.0
Aug 2010318.2312.8
Jul 2010314.7312.8
Jun 2010312.4309.7
May 2010305.9308.2
Apr 2010299.2306.7
Mar 2010294.8302.8
Feb 2010295.9302.8
Jan 2010288.5302.1
Dec 2009287.5303.2
Nov 2009286.5301.2
Oct 2009291.5300.2
Sep 2009290.9298.2
Aug 2009288.3295.9
Jul 2009284.6293.0
Jun 2009281.5287.8
May 2009277.1285.0
Apr 2009276.2281.1
Mar 2009283.3278.6
Feb 2009280.5280.3
Jan 2009286.2283.6
Dec 2008275.9290.3
Nov 2008295.4294.8
Oct 2008298.7303.4
Sep 2008319.9309.6
Aug 2008318.2317.6
Jul 2008325.3324.4
Jun 2008315.4328.0
May 2008318.7332.4
Apr 2008327.0330.4
Mar 2008337.9329.8
Feb 2008339.8332.2
Jan 2008334.0335.1
Dec 2007337.6341.3
Nov 2007344.9341.8
Oct 2007349.1342.0
Sep 2007346.3342.8
Aug 2007340.9342.3
Jul 2007337.8340.4
Jun 2007337.8336.1
May 2007337.1332.5
Apr 2007332.6328.7
Mar 2007329.6322.2
Feb 2007327.2319.8
Jan 2007326.0318.8
Dec 2006322.8319.0
Nov 2006319.2315.0
Oct 2006321.3313.4
Sep 2006319.0311.6
Aug 2006317.0310.3
Jul 2006313.3307.7
Jun 2006313.3303.4
May 2006309.9300.5
Apr 2006300.9297.7
Mar 2006291.3291.4
Feb 2006291.1289.0
Jan 2006299.5288.6
Dec 2005300.6289.0
Nov 2005298.3287.4
Oct 2005299.1286.6
Sep 2005301.2287.1
Aug 2005303.7287.6
Jul 2005297.5286.4
Jun 2005301.4282.8
May 2005292.4280.6
Apr 2005284.6277.6
Mar 2005280.3273.7
Feb 2005281.5271.5
Jan 2005288.2271.7
Dec 2004289.7271.9
Nov 2004292.8273.9
Oct 2004294.8274.3
Sep 2004290.0272.3
Aug 2004282.1272.8
Jul 2004273.6269.7
Jun 2004266.0264.1
May 2004261.5259.5
Apr 2004249.5256.4
Mar 2004248.7245.3
Feb 2004250.3244.7
Jan 2004255.4247.1
Dec 2003256.2245.6
Nov 2003254.1240.9
Oct 2003255.7243.6
Sep 2003249.4239.4
Aug 2003245.7240.2
Jul 2003242.9236.0
Jun 2003239.0231.9
May 2003234.6231.4
Apr 2003227.9233.0
Mar 2003227.3227.6
Feb 2003228.2222.8
Jan 2003224.9225.2
Dec 2002220.4226.8
Nov 2002215.4219.5
Oct 2002214.2217.3
Sep 2002214.5215.7
Aug 2002209.7210.6
Jul 2002205.4206.0
Jun 2002195.0204.4
May 2002191.9196.4
Apr 2002185.1191.4
Mar 2002188.5188.9
Feb 2002185.4182.5
Jan 2002183.1176.1
Dec 2001178.9176.7
Nov 2001179.0176.7
Oct 2001181.0176.7
Sep 2001176.9180.3
Aug 2001171.8180.3
Jul 2001166.1180.3
Jun 2001160.8174.1
May 2001160.8174.1
Apr 2001158.2174.1
Mar 2001160.9168.0
Feb 2001157.9168.0
Jan 2001157.0168.0
Dec 2000154.5168.9
Nov 2000154.8168.9
Oct 2000152.8168.9
Sep 2000150.8164.0
Aug 2000145.4164.0
Jul 2000144.1164.0
Jun 2000141.7161.0
May 2000140.4161.0
Apr 2000136.1161.0
Mar 2000133.2152.6
Feb 2000131.1152.6
Jan 2000131.2152.6
Dec 1999128.9148.8
Nov 1999126.8148.8
Oct 1999125.1148.8
Sep 1999122.4145.1
Aug 1999119.0145.1
Jul 1999118.1145.1
Jun 1999118.4137.1
May 1999115.7137.1
Apr 1999111.4137.1
Mar 1999107.3131.5
Feb 1999108.5131.5
Jan 1999108.8131.5
Dec 1998113.3130.7
Nov 1998112.9130.7
Oct 1998113.2130.7
Sep 1998110.6131.3
Aug 1998109.0131.3
Jul 1998107.0131.3
Jun 1998104.1125.8
May 1998102.3125.8
Apr 1998103.6125.8
Mar 1998104.3119.5
Feb 1998106.4119.5
Jan 1998106.4119.5
Dec 1997107.2116.5
Nov 1997105.1116.5
Oct 1997102.0116.5
Sep 199799.9117.4
Aug 1997101.6117.4
Jul 1997101.4117.4
Jun 1997101.0111.7
May 1997100.4111.7
Apr 1997103.0111.7
Mar 1997100.6109.5
Feb 1997100.2109.5
Jan 199796.7109.5
Dec 199699.4108.0
Nov 199696.7108.0
Oct 199697.0108.0
Sep 199697.5106.2
Aug 199698.6106.2
Jul 199697.0106.2
Jun 199694.4102.2
May 199689.9102.2
Apr 199687.7102.2
Mar 199686.7102.1
Feb 199688.9102.1
Jan 199690.3102.1
Dec 199590.2100.6
Nov 199591.1100.6
Oct 199591.7100.6
Sep 199592.6102.0
Aug 199592.1102.0
Jul 199592.0102.0
Jun 199591.2101.1
May 199590.6101.1
Apr 199591.8101.1
Mar 199594.7100.0
Feb 199597.2100.0
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 1995March 1996−13.3%1411
April 1997September 1997−3.1%52
December 1997May 1998−4.6%53
December 1998March 1999−5.3%32
October 2004March 2005−4.9%53
August 2005February 2006−4.2%63
October 2007December 2008−21.0%1468
October 2014April 2015−3.3%63
October 2018August 2019−3.8%106
January 2023June 2024−8.9%17Not 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 South Norfolk

Sale prices have an 80% chance of landing between £289,803 and £320,532 by August 2027.

Expected, August 2027
£305,167
Chance of a rise
42%

At the average sale price, a home costs £307,735. With 10% down and a 30-year mortgage, the payment is £1,420 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
22%
Payment, one income
43%

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
£984
Owning per month
£1,449

36.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
550
Per 1,000 residents
3.7

Figures for United Kingdom: South 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 2,017 while 740 homes were finished: 2.7 new residents for every new home.

New residents per new home, 2025
2.7
Population change, 2025
+2,017

3.5% of the 63,849 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.5%
Empty homes
2,250

In 2025, 2% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
2%