Updated May 2026 | Property market intelligence for Bungay, Norfolk. Data sourced from Land Registry, PropertyData, and local market analysis.
The Bungay property market currently has 112 properties listed for sale, with an average price of approximately £268,000. With 10.0 months of inventory, buyers in Bungay have reasonable choice. Sellers should ensure competitive pricing.
Over the period from May 2020 to May 2026, average prices in Bungay have moved from £231,427 to £263,719. The most recent annual change is -4.9%.
The typical price range for properties in Bungay falls between £145,000 and £415,000, reflecting the mix of property types available in the area. With an SSTC rate of 30%, the market is relatively balanced.
Sources: PropertyData, Land Registry, SSTC analysis. Data as at May 2026.
There are 20 properties currently listed for sale in Bungay, with 6 sold subject to contract.
| Period | Average Price | Annual Change |
|---|---|---|
| May 2020 | £231,427 | — |
| May 2021 | £241,634 | 4.4% |
| May 2022 | £267,584 | 10.7% |
| May 2023 | £296,560 | 10.8% |
| May 2024 | £291,725 | -1.6% |
| May 2025 | £277,448 | -4.9% |
| May 2026 | £263,719 | -4.9% |
| Area | Avg Price |
|---|---|
| Bungay | £268,000 |
| Norfolk county average | £274,471 |
Bungay’s average price of £268,000 is below the Norfolk county average of £274,471, reflecting potential value for buyers seeking more affordable locations..
The Bungay market currently has 112 properties for sale, with approximately 11 sales completing each month. This gives 10.0 months of inventory — an elevated stock level where pricing accuracy and presentation quality are the key differentiators.
The SSTC rate of 30% is above average for Norfolk, indicating healthy demand. This metric measures what proportion of listed properties have found a buyer, and is one of the most reliable indicators of real market activity.
With 10.0 months of inventory, sellers benefit from a balanced market. Accurate pricing based on comparable evidence remains the single most important factor in achieving a successful sale. In the current market, overpricing extends time on market and can damage the eventual outcome.
Buyers in Bungay have reasonable choice with 112 properties currently listed. Having finances arranged in advance and being prepared to move decisively on the right property are important in this market.
The Bungay market is active with 112 current listings and 11 sales per month. With an SSTC rate of 30%, there is strong buyer engagement.
If you are considering selling, our Property Pricing Brief provides a tailored, no-obligation assessment based on your specific property, current comparable evidence, and the particular dynamics of the Bungay market.
Based on current data, Bungay is classified as a balanced market (30% sstc). There are 20 properties listed for sale, with 6 sold subject to contract, giving an SSTC rate of 30%.
The average property price in Bungay is approximately £268,000, based on recent transaction data. The typical price range (70th percentile) is £145,000 to £415,000.
Bungay is a well-regarded location in Norfolk. Property prices average £268,000, and the area sees approximately 11 property sales per month. Local amenities, transport links, and the character of the area contribute to its appeal.
Based on growth data, the average price in Bungay has moved from £231,427 in May 2020 to £263,719 in May 2026.
With 10.0 months of inventory and approximately 11 sales per month, Bungay’s market is moving at a measured pace. Well-priced properties in desirable locations tend to sell faster than the average.
The property market in Bungay includes a range of housing types. Based on recent sales data, properties range from approximately £145,000 to £415,000, covering everything from smaller homes to larger detached properties.
The average property price in Bungay (£268,000) can be compared with the Norfolk county average of approximately £274,471. This positions Bungay below the county average, potentially offering better value for buyers.
Rental demand in the broader Bungay area reflects Norfolk-wide trends. With property prices averaging £268,000, rental yields are influenced by both purchase prices and local demand.
Investment potential in Bungay depends on your strategy. The area sees approximately 11 sales per month with 10.0 months of inventory. The current inventory levels suggest a more considered market where pricing accuracy is key.
Our Property Pricing Brief provides a tailored, no-obligation assessment of your home based on current market conditions, local demand, and the specific characteristics of your property. It is prepared personally by our directors and covers pricing strategy, buyer demand, and market timing.
We are a specialist property consultancy for Norfolk and Suffolk’s most distinctive homes. Every instruction is personally led by our directors, Robert and Nicola, with a focus on premium marketing, accurate pricing, and expert negotiation. We provide these market intelligence reports as a free resource for all homeowners in the area. Learn more about our approach.
This report is prepared and updated by The Ivybridge Collection using PropertyData market intelligence, Land Registry sold price data, and local market analysis. Data is refreshed monthly. Market conditions can change and should be considered alongside property-specific advice.
Market reports provide useful context, but they cannot tell you how your individual home would perform in today’s market. Two apparently similar properties can achieve very different outcomes depending on presentation, positioning, pricing strategy and buyer demand. For property-specific advice, our Property Pricing Brief provides a tailored assessment based on your home, your circumstances and the current market.
THINKING ABOUT YOUR OPTIONS?
Get an independent, no-obligation assessment of your property’s value based on current market data, local demand, and the specific characteristics of your home.
No pressure. Just honest, expert advice from Robert and Nicola.
Request Your Property Pricing Brief
Or call us on 01603 369977
