NR24 encompasses Melton Constable and surrounding areas in Norfolk. Over the past five years, property prices have increased at a compound annual growth rate of 0.9%, whilst rental yields have grown at 4.9% annually, suggesting stronger income returns than capital appreciation. Population has remained largely static with only 0.1% growth over the same period. The district scores 41.6 out of 100 on trajectory analysis, placing it in the average category and the 9th percentile nationally. The area remains in a latent gentrification stage, indicating limited evidence of active regeneration or demographic shifts typical of emerging markets. These metrics suggest NR24 functions as a relatively stable but modest-growth market, with rental performance outpacing price appreciation.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 0.3% over 5 years (5yr CAGR)
- 2Rents growing at 4.9% per year
- 3Population growing at 0.1% per year
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What's changing in Melton Constable · June 2026
The trajectory score moved down 3.6 points this month to 38/100, driven mainly by safety.
31 planning applications submitted in NR24 over the last six months, including 1 new build residential scheme proposing 9 homes, 2 change of use.
- Discharge of Biodiversity Net Gain Plan for associated planning permission PF/24/1030 (Erection of 9 dwellings with garages (4 no. two-storey detached dwellings, 3 no. 1 ½ storey detached dwellings and 2 no. semi-detached bungalows); associated access road and driveways; detached and attached garages)Jan 2026 · pending
- Change of use of Shepherds Hut in grounds of dwelling from use incidental to the dwelling to a holiday let (no specified Use Class)Apr 2026 · pending
- Change of use of 3 No. holiday units to private residential annexes ancillary to Stody Hall (Retrospective)Jan 2026 · pending
Melton Constable (NR24) common questions
Is Melton Constable up and coming?
Melton Constable (NR24) has a trajectory score of 38/100 (Average), placing it in the top 97% of postcode districts in England and Wales. The score is down 1.1 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Melton Constable safe?
Melton Constable has a safety score of 59/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Melton Constable?
The average property price in Melton Constable (NR24) is £257k as of January 2026, based on UK House Price Index data. Prices have grown at 0.3% per year over the last five years.
What is the average rent in Melton Constable?
The median monthly rent in Melton Constable (NR24) is £841 (2026), based on ONS private rental data.
Which areas are near Melton Constable?
Neighbouring postcode districts include Walsingham (NR22), Norwich (NR5), Norwich (NR11), Dereham (NR20), Holt (NR25). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.