Banningham’s snapshot for August 2026 shows an average asking price of £471,000 across a village market with only 29 properties currently listed, of which 7 are already sold subject to contract and 22 remain actively for sale. That represents an SSTC rate of 24.0%, a figure that puts the village ahead of both neighbouring villages in terms of the share of stock currently under offer. Prices on the ground span a wide range, from £220,000 up to £1,350,000, reflecting the mix of modest cottages and substantial detached houses that make up this part of north Norfolk.
With 168 days on market on average and 16.7 months of inventory at the current sales rate, Banningham is a market where stock takes time to clear overall, though individual properties can move a good deal faster or slower than that average suggests.
Snapshot date: 1 August 2026.
Average price: £471,000
Price range: £220,000 to £1,350,000
Properties currently for sale: 29
Sold subject to contract (SSTC): 7
Actively for sale, not yet SSTC: 22
SSTC rate: 24.0%
Average days on market: 168 days
Months of inventory at current sales rate: 16.7 months
Property type mix from 20 comparable listings: 80% detached houses (16), 10% semi-detached houses (2), 10% terraced houses (2).
This snapshot does not include a year-on-year price growth figure for Banningham, so the trends here are read through activity rather than price movement. Of the 29 properties currently listed, 7 are sold subject to contract, an SSTC rate of 24.0%, comfortably ahead of the 15.0% rates recorded in both closest comparison villages, though behind the 43.0% seen in the third.
Average days on market stand at 168, which is 224 days fewer than the Norfolk county average of 392 days, indicating that Banningham homes, once priced correctly, tend to transact faster than the wider county norm. At the same time, 16.7 months of inventory shows that supply is running well ahead of the pace at which homes are currently selling.
With 22 of 29 listed properties still actively seeking a buyer and 16.7 months of inventory outstanding at the current sales rate, conditions in Banningham currently favour buyers. A true sellers’ market would show inventory clearing in a matter of months rather than well over a year, and the SSTC rate of 24.0%, while healthier than in some neighbouring villages, still leaves three in four current listings unsold.
Buyers exploring the village at present have a reasonable pool of options across the £220,000 to £1,350,000 range and are not under pressure to move quickly on any single property.
Momentum in Banningham is best described as mixed rather than clearly accelerating or cooling. Among the current comparable listings, the £1,350,000 six bedroom house on Bridge Road, Colby has been on the market for just 8 days, while the £525,000 four bedroom house on Aylsham Road, Felmingham has now been on the market for 651 days.
That spread, from single figures to well over a year, shows that timing depends heavily on individual pricing and presentation rather than a single village wide trend. The average of 168 days on market sits well below the Norfolk average of 392 days, which suggests that overall, well positioned Banningham homes are not stagnating to the degree seen elsewhere in the county.
Buyers approaching Banningham currently hold a reasonable negotiating position. With 16.7 months of inventory and 22 properties still actively for sale, sellers cannot assume a queue of alternative buyers if an offer is not immediately accepted.
That said, the 24.0% SSTC rate means well priced homes are still finding buyers, so offers pitched too far below the asking figure risk being overlooked in favour of a more realistic bidder. The sensible approach is to research the specific property’s time on market. A listing already well past the 168 day average, such as the Aylsham Road, Felmingham home at 651 days, invites a firmer conversation than one that has only just come to market, such as the Bridge Road, Colby house listed just 8 days ago.
Our experience working in and around Banningham tells us that this is a village where patience and precise pricing matter more than aggressive marketing. We have watched substantial detached houses on Bridge Road in neighbouring Colby attract firm interest within days when priced sensibly, while similarly specified homes elsewhere on the Aylsham Road corridor have sat for well over a year.
The difference is rarely the bricks and mortar. It is almost always the initial pricing decision and the quality of the first impression a listing makes.
Look beneath the headline average price of £471,000 and Banningham’s market reveals real internal variation. The comparable listings range from a £230,000 three bedroom semi-detached house on Aylsham Road, Felmingham to a £1,350,000 six bedroom detached house on Bridge Road, Colby, a spread that confirms this is not a uniform market but one where a handful of higher value detached properties pull the average upward. This is consistent with the type mix, where 80% of comparable listings are detached houses.
The 16.7 months of inventory figure, when set against an SSTC rate of 24.0%, suggests that overall demand is present but not strong enough to absorb the current volume of listed stock quickly, even though the 168 day average selling period beats the Norfolk county average of 392 days by 224 days. In short, Banningham is a market of contrasts, quicker to transact than the county overall once a sale is agreed, but carrying more stock than current sales pace can clear.
Buying in Banningham at present means working with a market that gives you room to think. With 22 properties still actively for sale and 16.7 months of inventory outstanding, there is little reason to rush a decision on any single house unless it genuinely stands out.
Expect the properties themselves to range widely, from a £230,000 semi-detached house on Aylsham Road, Felmingham to houses well over £700,000 on Bridge Road in neighbouring Colby, so it pays to be clear on which segment of the £220,000 to £1,350,000 range actually suits your needs. Because average days on market run to 168, a methodical approach, viewing several comparable properties, checking how long each has actually been listed and asking why, tends to serve buyers well here.
Our considered view of Banningham is that it rewards buyers and sellers who treat it as a village of small, distinct pockets rather than one uniform market. The 80% share of detached houses among comparable listings means most transactions here involve larger family homes, and the wide price range from £220,000 to £1,350,000 reflects genuinely different types of buyer, from first time purchasers eyeing the semi-detached stock to those chasing a substantial detached house with land.
An SSTC rate of 24.0% tells us Banningham still holds genuine appeal, even with 16.7 months of inventory currently on the books, and we would encourage sellers to price against the specific comparable that matches their property type rather than the headline village average.
For an investor weighing up Banningham, the average price of £471,000 sits within a range that runs from £220,000 to £1,350,000, so the entry point varies enormously depending on property type. The current SSTC rate of 24.0% and 168 day average time on market give a sense of how quickly capital would likely be tied up before a resale completes, while 16.7 months of inventory signals that this is not a market where stock disappears rapidly.
No rental yield or letting demand data is included in this snapshot, so any income assumptions would need to be researched separately. What the figures do confirm is a market that transacts faster than the Norfolk county average of 392 days, even if overall supply currently outweighs the pace of sales.
The 20 comparable listings analysed for Banningham are dominated by detached houses, which make up 80% (16) of the sample, with semi-detached and terraced houses each accounting for 10% (2). This mix explains a good deal of the £471,000 village average, since detached stock, illustrated here by the £525,000 four bedroom house on Aylsham Road, Felmingham and the £1,350,000 six bedroom house on Bridge Road, Colby, sits well above the £230,000 three bedroom semi-detached house on the same Aylsham Road.
Anyone comparing the headline average against a specific property type should look at the comparable listings directly rather than assume every Banningham home trades near £471,000.
Banningham currently has 29 properties listed, 7 of which are sold subject to contract and 22 still actively available. Among the comparable listings, buyers can currently consider a £375,000 three bedroom detached house on Stow Heath Road, Felmingham that has been on the market for 218 days, a £525,000 four bedroom detached house on Aylsham Road, Felmingham at 651 days, a £795,000 five bedroom detached house on Bridge Road, Colby at 54 days, a £230,000 three bedroom semi-detached house also on Aylsham Road, Felmingham at 47 days, and a £1,350,000 six bedroom detached house on Bridge Road, Colby which has been on the market for just 8 days.
A £465,000 four bedroom detached house on Mill Road, Banningham itself has already gone to sold subject to contract after 128 days on the market.
This report does not include Land Registry completed sale prices for Banningham at this time. The figures elsewhere in this report, including the £465,000 four bedroom detached house on Mill Road, Banningham that is currently sold subject to contract, represent agreed or asking prices rather than confirmed completions, and should not be read as finalised sale data.
Once Land Registry completions are available for the area, they will be reflected here rather than substituted with listing or SSTC prices.
Banningham’s average price of £471,000 sits £92,957 above the Norfolk county average of £378,043, a premium of 24.6%. The village also outperforms the county on speed of sale, with an average of 168 days on market against the Norfolk average of 392 days, a gap of 224 fewer days.
Taken together, these figures point to a village that commands a clear price premium over the wider county while still moving through its sales process considerably faster than the Norfolk norm.
Set against its closest neighbours, Banningham’s £471,000 average price sits £5,500 below Tuttington‘s £476,500, £49,500 above Skeyton‘s £421,500, and £113,500 above Brampton‘s £357,500.
On activity, Banningham’s 24.0% SSTC rate is ahead of the 15.0% recorded in both Tuttington and Skeyton, but well behind Brampton’s 43.0%, which suggests Brampton’s lower price point is currently generating notably stronger buyer demand than the two villages priced closer to Banningham.
Banningham is a small north Norfolk village where the housing stock leans heavily toward detached family homes, reflected in the 80% share of detached properties among current comparable listings. It sits within reach of Felmingham and Colby, both of which feature prominently among the comparable properties in this report, on Stow Heath Road, Aylsham Road and Bridge Road respectively, giving a sense of the wider rural cluster that buyers here are really choosing between.
The price range on offer, from a £230,000 semi-detached house to a £1,350,000 six bedroom detached house, reflects a village that accommodates a genuinely broad span of buyer rather than one narrow type of household.
Selling in Banningham currently means competing against 22 other actively listed properties and an average selling period of 168 days, so realistic pricing from day one matters more than an ambitious opening figure. With 16.7 months of inventory on the market, sellers should expect genuine interest to take time to build, though the village’s SSTC rate of 24.0%, notably stronger than in some neighbouring villages, shows that Banningham has not lost its appeal to serious buyers.
Positioning a property against the right comparable, whether that is the detached majority of the market or the smaller semi-detached and terraced minority, is the clearest way to avoid becoming one of the longer running listings, such as the 651 day example currently on Aylsham Road, Felmingham.
Choosing the right agent in Banningham matters because this is a village where a small number of comparable listings carry a lot of weight in shaping buyer expectations. We work with the full spread of the local stock, from £230,000 semi-detached houses through to £1,350,000 detached houses, and know how each needs to be positioned and marketed differently rather than treated as variations on the same product.
That familiarity with the actual comparable evidence, rather than a generic village average, is what allows us to advise sellers accurately on where their own property sits within the current 29 listings.
We track Banningham as part of our wider north Norfolk coverage, drawing on the current listings on Mill Road, Stow Heath Road, Aylsham Road and Bridge Road that sit within and around the village to build an accurate, current picture of the local market.
We are available to discuss any of the 29 properties currently listed here, or to provide a specific assessment of how your own property compares against them.
Our professional advice for anyone active in the Banningham market is to price against the actual comparable evidence rather than the £471,000 headline average, which is pulled upward by the detached majority and by outliers such as the £1,350,000 Bridge Road, Colby listing.
Sellers should factor in the realistic prospect of a marketing period well beyond 168 days if their property sits outside the most active price bands, given that 16.7 months of inventory currently sits unsold. Buyers, meanwhile, should treat days on market as a genuine negotiating data point. A property that has been listed for close to or beyond 651 days, as one Aylsham Road, Felmingham home has, warrants a more searching conversation about condition, pricing history and vendor motivation before an offer is made.
This report on Banningham draws on a snapshot taken on 1 August 2026, covering 29 properties currently listed, 20 comparable listings used for the type mix analysis, and direct comparison against the Norfolk county average across the wider dataset of 340 other areas in our coverage.
Figures such as average price, days on market and months of inventory are calculated from that live listings data rather than historic or projected estimates.
If you are weighing up a move in or around Banningham, our Private Property Brief gives you a grounded assessment based on the actual comparable evidence for the village, not just the headline £471,000 average.
Get in touch with The Ivybridge Collection team and we will talk you through how your own property, or the one you are considering buying, compares against the current 29 listings and the wider Norfolk picture.
For direct comparison, market reports are also available for the three villages closest to Banningham, referenced throughout this report’s nearby comparison figures. Reviewing those alongside this Banningham report gives a fuller picture of how price, SSTC rate and days on market vary across this small cluster of north Norfolk villages.
