The average property price paid in Great Yarmouth is £223,459 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Great Yarmouth fell by £1,934. Compare house prices by area
Average property prices in Great Yarmouth fell by 0.9% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 4.4% per year.
If prices in Great Yarmouth continue to rise by 4.4% a year, the average property price will be £265,409 in 2025.
There were 1,305 property sales in Great Yarmouth in the year ending June 2022, a decrease of 347 when compared to the previous year.
The average price for a house in Great Yarmouth ranges from £164,762 for a terraced house to £317,926 for a detached house, with semi-detached in between costing on average £220,559.
The average price for a flat or maisonette in Great Yarmouth is £115,898.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Great Yarmouth, semi-detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 57.1% from £202,402 to £317,926, semi-detached house prices have risen 63.0% from £135,334 to £220,559, terraced house prices have risen 60.1% from £102,911 to £164,762, and flat prices have risen 28.1% from £90,504 to £115,898.
The most common type of property sold in Great Yarmouth during the year ending June 2022 was terraced houses, which accounted for 40.7% of properties.
The least commonly available type of property sold in Great Yarmouth were flats, which account for 5.1% of properties sold.
Of the properties sold in Great Yarmouth during 2022, 1.5% were new build properties.
The average premium for a new build property in Great Yarmouth was £24,738 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (69% of new build properties sold). For existing properties, the most common type is terraced houses (40% of existing properties sold).
The most common price band for property sales in Great Yarmouth is £200k - £300k, which accounted for 28.4% of properties sold in 2022.
The cheapest properties in Great Yarmouth were in the under £50k price bracket, accounting for 0.5% 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 2022. Data sources: ONS Local statistics