Search

North Norfolk revealed as one of Britain’s top 10 property price growth hotspots

PUBLISHED: 16:50 18 February 2018 | UPDATED: 08:18 19 February 2018

A break in the weather at North Norfolk gave a pleasant opportunity to visit Blakeney and see the boats bathed in the sun. Photo: Brian Shreeve/newzulu.com

A break in the weather at North Norfolk gave a pleasant opportunity to visit Blakeney and see the boats bathed in the sun. Photo: Brian Shreeve/newzulu.com

(c) copyright newzulu.com

North Norfolk has been named as a hotspot for property price growth.

New figures from the Office for National Statistics (ONS) have revealed the areas in Britain where house price growth was the most improved over the last year.

The 10 fastest rising districts were singled out, with north Norfolk coming in at number seven.

Property prices here rose by 13.7pc between 2016 and 2017, taking the average house price from £227,473 to £258,580.

Also on the list were Orkney Islands, which took the top spot with its property prices growing by 18.2pc, followed by Cambridge where they improved by 15.7pc.

Worst improved districts included Kensington and Chelsea, where prices decreased by -10.7pc and Guildford.

The year proved to be a good one for the property market overall, with average house prices in the UK increasing by 5.2pc, up 5pc in November 2017.

Largest annual growth in the year to December 2017

1. Orkney Islands, +18.2pc

2. Cambridge, +15.7pc

3. Eden, +15pc

4. West Dunbartonshire, +14.9pc

5. Kettering, +14pc

6. Cotswold, +13.9pc

7. North Norfolk, +13.7pc

8. Oadby & Wigston, +13.5pc

9. Forest Heath, +12pc

10. Dover, +11.8pc

Lowest annual growth

1. Kensington & Chelsea, -10.7pc

2. City of London, -5.3pc

3. Guildford, -4.9pc

4. Southwark, -3pc

5. Hambleton, -2.7pc

6. North East Derbyshire, -2.4pc

7. City of Aberdeen, -2.2pc

8. Outer Hebrides, -1.9pc

9. Wandsworth, -1.5pc

10. Doncaster, -1.5pc

For more property news visit edp24.co.uk/edp-property

Other news

Drivers are being forced to pay a “stealth tax”, it has been claimed, after it was revealed car owners in Norwich paid £74 on average last year to park their cars.

Yesterday, 15:13

The number of fixed-penalty notices (FPNs) issued to cyclists in Norfolk has fallen dramatically over the past two years, new figures have revealed.

Yesterday, 14:00

Danielle Steel falls in love with Norfolk town (without even visiting it) and makes it the star of her latest novel

Yesterday, 08:52

More trains than ever are being delayed or cancelled on East Anglia’s rail network as repeated pledges to improve services fall flat.

Most Read

Thu, 15:21

Christmas shoppers in one Norfolk town have a slick new place to leave their vehicles after an £80,000 car park refurbishment.

Read more
Fri, 09:12

The men and women behind the miraculous marshland rescue of a stranded, half-submerged pensioner have told their remarkable tale.

Read more
European Union
Yesterday, 08:45

It was the first four-engine bomber to be used by the Royal Air Force, blazing a trail that would be followed by many other aircraft designs throughout the Second World War.

Read more
Royal Air Force
Fri, 16:32

A search and rescue training exercise involving a fallen injured horse and rider was simulated in Norfolk to prepare emergency crews in the event of a potential incident.

Read more
Norfolk Fire and Rescue Service
Wed, 16:01

It was once described by experts as the county’s most potentially dangerous fire hazard.

Read more
Environment Agency

Local Weather

Sunshine and Showers

Sunshine and Showers

max temp: 9°C

min temp: 1°C

Hot Jobs

Show Job Lists

Digital Edition

Image
Read the Fakenham and Wells Times e-edition today
E-edition

Newsletter Sign Up

Fakenham and Wells Times weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy