NR28 (North Walsham), Norfolk, has demonstrated modest capital appreciation with five-year price growth of 0.9% compound annual rate, positioning it in the 11th percentile nationally with a trajectory score of 41.9. Rental growth over the same period reached 4.9% annually, outpacing capital gains. Population expansion has been negligible at 0.1% over five years. The district remains in the latent gentrification stage, indicating early-stage regeneration potential without yet showing widespread social or economic transformation. These metrics suggest a market characterised by rental yield opportunities rather than strong capital growth, reflecting the area's current positioning within the broader East of England property landscape.
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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 North Walsham · June 2026
The trajectory score moved down 0.8 points this month to 41/100, driven mainly by safety.
33 planning applications submitted in NR28 over the last six months, including 2 new build residential schemes, 3 change of use, 2 demolition.
- Non-material amendment of planning permission PF/24/1354 (Single storey rear extension to dwelling and alterations to existing garage) to allow change from oak beams to brick piersApr 2026 · pending
- Rear and side extensions to dwelling, including enlarging the existing rear wing. Erection of detached garages with accommodation and glazed link to connect to dwellingMar 2026 · pending
- Non-material amendment of planning permission PF/24/0815 (Construction of single storey dwelling and creation of new vehicular access, following demolition of existing dwelling) to allow differing arrangement of Tree Protection fencing to create exclusion zones rather than individual tree fencing, and to indicate areas of ground protection walkways to access welfare facilities and electrical supplyFeb 2026 · Decided
North Walsham (NR28) common questions
Is North Walsham up and coming?
North Walsham (NR28) has a trajectory score of 41/100 (Average), placing it in the top 91% of postcode districts in England and Wales. The score is down 4.8 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is North Walsham safe?
North Walsham has a safety score of 26/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in North Walsham?
The average property price in North Walsham (NR28) 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 North Walsham?
The median monthly rent in North Walsham (NR28) is £841 (2026), based on ONS private rental data.
Which areas are near North Walsham?
Neighbouring postcode districts include Bungay (NR35), Cromer (NR27), Norwich (NR11), Norwich (NR5), Norwich (NR12). 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.