The average property value in Broadland is £304,877 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Broadland grew by £27,872. Compare house prices by area
Average property prices in Broadland grew by 10.1% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.4% per year.
If prices in Broadland continue to rise by 4.4% a year, the average property price will be £361,976 in 2025.
There were 2,226 property sales in Broadland in the year ending June 2021, an increase of 128 when compared to the previous year.
The average price for a house in Broadland ranges from £228,610 for a terraced house to £370,607 for a detached house, with semi-detached in between costing on average £253,046.
The average price for a flat or maisonette in Broadland is £150,931.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Broadland, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 50.2% from £246,820 to £370,607, semi-detached house prices have risen 56.7% from £161,528 to £253,046, terraced house prices have risen 52.7% from £149,747 to £228,610, and flat prices have risen 28.0% from £117,893 to £150,931.
The most common type of property sold in Broadland during the year ending June 2021 was detached houses, which accounted for 49.6% of properties.
The least commonly available type of property sold in Broadland were flats, which account for 3.0% of properties sold.
Of the properties sold in Broadland during 2021, 2.0% were new build properties.
The average price paid for a new build property in Broadland was £22,980 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (72% of new build properties sold). For existing properties, the most common type is detached houses (50% of existing properties sold).
The most common price band for property sales in Broadland is £200k - £300k, which accounted for 29.1% of properties sold in 2021.
The cheapest properties in Broadland were in the £50k - £100k price bracket, accounting for 0.4% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics