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Town report · 5 min read read · Updated September 2026

Great Yarmouth Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Median price £205,000, 1,699 sales, -2.4% YoY. Norfolk county.

01

Great Yarmouth Property Market Overview

Great Yarmouth: Coastal town with offshore energy employment, Town Deal regeneration, and affordable values.

The Great Yarmouth property market recorded 1,699 residential sales in the 12 months to 31 May 2026, with a median sale price of £205,000. This places Great Yarmouth £59k below the Norfolk county median of £263,540, and £80k below the approximate UK median of £285,000.

Prices in Great Yarmouth have recorded a moderate decline, a year-on-year change of -2.4%. Within Norfolk, Great Yarmouth ranks 8th by price out of 8 principal towns, and 5th by transaction volume.

On a quarterly view, Great Yarmouth median prices moved from £220,000 in Q3 2024 to £200,000 in Q4 2025, a change of -9.1% over 5 quarters. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

02

Planning Applications in Great Yarmouth

Great Yarmouth Borough Council, the local planning authority covering Great Yarmouth, approved 55 residential planning applications and refused 22 in the last 12 months, with 116 still awaiting a decision. That is an approval rate of 71%.

Those applications propose around 1,126 homes, an estimated £227.1m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

03

Great Yarmouth House Prices by Property Type

Property prices in Great Yarmouth vary significantly by type. The table below compares Great Yarmouth prices with Norfolk county averages and UK national figures.

TypeGreat YarmouthNorfolk AvgUK Avg
Detached£320,000£350,000£420,000
Semi-detached£225,000£241,375£265,000
Terraced£155,000£201,875£230,000
Flat£100,000£126,250£225,000

Detached homes in Great Yarmouth command £320,000, while flat properties are most accessible at £100,000. The £220k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Median Price by Property Type

04

New Build Homes in Great Yarmouth

HM Land Registry has so far registered 57 new-build sales in Great Yarmouth for the past 12 months, 3.4% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Great Yarmouth sold at a premium of 30.0% to existing stock.

Across the wider Norfolk market, 379 new-build sales have registered so far. See our Norfolk property market report for the full county picture.

05

Recent Property Sales in Great Yarmouth

The table below shows the most recently registered residential sales in Great Yarmouth, evidence of achieved prices for buyers, sellers and developers:

PriceTypePostcodeDateStatus
£195,000TerracedNR31 7AR2026-07-27Existing
£280,000Semi-detachedNR30 5SG2026-07-24Existing
£235,000DetachedNR31 8UU2026-07-24Existing
£182,000Semi-detachedNR30 5LE2026-07-24Existing
£280,000Semi-detachedNR31 9AR2026-07-24Existing

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £182,000 to £280,000 illustrates the breadth of the Great Yarmouth market.

06

Development Finance in Great Yarmouth

For developers considering Great Yarmouth, the local market data translates directly into finance structuring. With a median value of £205,000 and detached homes at £320,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Great Yarmouth with a GDV of £320,000 would attract senior debt of approximately £208,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 2.4% year-on-year, experienced developers can still generate strong returns in Great Yarmouth by targeting well-located sites with clear demand drivers.

Ready to develop in Great Yarmouth? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

07

Great Yarmouth Compared to Nearby Norfolk Towns

To put Great Yarmouth's market in context, the table below compares it with similarly-priced towns across Norfolk:

TownMedian PriceSales (12m)YoY Change
Great Yarmouth£205,0001,699-2.4%
Norwich£230,0002,201-1.3%
Thetford£240,000816-2.4%
King's Lynn£262,0802,548-1.1%
Attleborough£265,000363-10.3%
Dereham£270,000649+0.9%

For the full Norfolk town-by-town breakdown, see our comprehensive Norfolk property market report.

Explore locationsNorfolkGreat Yarmouth

Common questions

Frequently asked
questions.

What is the average house price in Great Yarmouth?

The median house price in Great Yarmouth is £205,000, based on 1,699 transactions in the 12 months to 31 May 2026. Detached homes average £320,000 while flat properties average £100,000.

Are house prices rising or falling in Great Yarmouth?

House prices in Great Yarmouth are falling by 2.4% year-on-year. This decline may present buying opportunities for investors and developers. The wider Norfolk market is falling by 2.6%.

How many properties sold in Great Yarmouth recently?

Great Yarmouth recorded 1,699 residential property sales in the 12 months to 31 May 2026. This high volume indicates a liquid, active market.

What development finance is available for projects in Great Yarmouth?

Developers in Great Yarmouth can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.

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