Great Yarmouth Property Market Report

Updated July 2026

Great Yarmouth Property Market Overview

With 12.5 months of inventory currently sitting across Great Yarmouth, patience has become the defining currency for property transactions along this stretch of the Norfolk coast. At first glance that figure might sound concerning to sellers accustomed to frantic bidding wars, but the reality on the ground is far more nuanced. The average asking price sits at £132,250, masking a fascinating divergence between different architectural styles and historical pockets across the town. While detached properties command an average of £261,667, terraced homes average £119,250, reflecting an exceptionally accessible entry point compared to wider Norfolk benchmarks. What this actually tells us is that Great Yarmouth operates within a distinct economic ecosystem where value-driven buyers find considerable leverage. The 10 percent SSTC rate highlights a market where velocity has slowed, yet properties meeting exact pricing expectations continue to secure buyers.

Market Data: Great Yarmouth at a Glance

Current Market Status

Market LabelStrong Buyers’ Market
Properties for Sale179
SSTC Rate10%
Days on Market380
Months of Inventory12.5

Price Summary

Average Asking Price£132,250
Detached Average£261,667
Semi-Detached Average£220,000
Terraced Average£119,250
Price Range£50,000 – £425,000
LR Avg (5yr)£228,631
LR Median (5yr)£205,000
Total Sales (5yr)5,000

Price Trends

1-Year Growth-5.4%
5-Year Growth+21.6%
LR 1-Year Change-8.1%
LR 3-Year Change-8.9%
Sales Last 12m20

Key Market Trends

  • Only 10% of listed properties are under offer, leaving buyers with significant choice.
  • Properties are averaging 380 days on the market, suggesting buyers are taking their time.
  • Prices have adjusted -5.4% over the past year, creating opportunities for buyers.
  • Well-presented homes continue to attract stronger offers and sell more quickly than competing listings.

Is It a Buyers’ or Sellers’ Market?

One of the most reliable ways to assess the market is by looking at the percentage of homes marked as “Sold STC” or “Under Offer” compared with the total number of properties on the market.

With 179 properties available and 2 under offer, With only 10% of properties under offer, the market strongly favours buyers. There is less urgency and more negotiating room.

At current sales rates, there is approximately 12.5 months of inventory, above the 6-month threshold of a balanced market.

Strong Buyers’ Market
2 of 179 SSTC (10%)

Market Momentum

Current Direction
Declining

Prices have fallen -5.4% over the past year, creating opportunities for well-positioned buyers.

Buyer Negotiation Position: Strong

Negotiating Strength
Strong

Buyers are in a strong position to negotiate. With only 10% of properties under offer and 12.5 months of stock, there is less competition for available homes. Offers below asking price are more likely to be considered.

The Ivybridge Collection Insight

Property acquisition in Great Yarmouth requires navigating a patchwork of architectural heritage, from striking Victorian terraces to robust post-war constructions. The interesting thing is how resilient the upper quartile remains despite broader economic headwinds, proving that architectural character and meticulous presentation override broader macro trends. We advise clients to look beyond aggregate medians and focus on micro-location dynamics, where proximity to the coastline and maritime heritage command distinct premiums. Understanding these subtle nuances separates a speculative purchase from a sound long-term asset in Great Yarmouth.

Market Analysis

An average of 380 days on the market might deter the faint-hearted, but experienced market observers recognise this as a hallmark of a strong buyers’ market where negotiation power firmly rests with the purchaser. Many people assume prolonged marketing times signal universally distressed stock, yet the numbers suggest otherwise when examining the 5-year growth trajectory of 21.6 percent. Beneath the headline figures, the 1-year growth contraction of 5.4 percent reveals a recalibration following years of extraordinary coastal migration. Sellers listing properties in Great Yarmouth must reconcile historical asking price expectations with current liquidity, particularly as recent Land Registry figures show longer-term median values settling at £205,000 across 5,000 recorded transactions.

What This Means for Buyers

Armed with 12.5 months of inventory, buyers entering Great Yarmouth enjoy rare leverage to inspect thoroughly, negotiate firmly, and dictate terms without facing frenzied competition. The 10 percent SSTC rate means sellers are increasingly receptive to sensible offers, provided purchasers back their positions with verified funding. Beyond the financial mechanics, acquiring property here offers a front-row seat to Norfolk’s maritime history, featuring sweeping sandy beaches, grand Victorian architecture, and working heritage unburdened by mass commercialisation. Commuters and lifestyle relocators alike find that Great Yarmouth delivers generous square footage for capital that would barely secure a pied-a-terre in inland commuter towns.

Our Considered View

Great Yarmouth presents a compelling dichotomy of sluggish market velocity paired with enduring structural demand across detached houses and character terraces. While a 1-year growth figure of minus 5.4 percent indicates short-term softening, the 5-year expansion of 21.6 percent underlines the fundamental resilience of this coastal economy. Our strategic recommendation for market participants is simple: adopt absolute realism on pricing if selling, and ruthless selectivity if buying. Properties in Great Yarmouth that ignore current market realities face prolonged exposure, while those priced accurately from day one continue to transact successfully.

Investor Snapshot

Average Property Price£132,250
Rental DemandBuyer’s market
1-Year Price Growth-5.4%
Investment OutlookCautious

Rental data will be added as it becomes available. Contact us for a full investment assessment of a specific property.

Property Types & Pricing in Great Yarmouth

Property Mix – Current Listings

Terraced50% (10) – Avg £119,250
Flat30% (6) – Avg £115,000
Detached15% (3) – Avg £261,667
Semi-Detached5% (1) – Avg £220,000

Average Price by Bedrooms

1 bedrooms£55,000 (2)
2 bedrooms£101,000 (5)
3 bedrooms£146,750 (10)
5 bedrooms£220,000 (1)
6 bedrooms£425,000 (1)

Historical Averages (Land Registry)

Terraced£163,434 (1721 sales)
Detached£340,261 (1424 sales)
Semi-Detached£233,515 (1094 sales)
Flat£106,926 (207 sales)

Currently on the Market in Great Yarmouth

A snapshot of 20 residential properties currently listed in Great Yarmouth, sorted by price.

6 bedroom detached £425,000 For Sale – 320 days
5 bedroom semi-detached £220,000 For Sale – 28 days
3 bedroom detached £200,000 SSTC – 138 days
3 bedroom terraced £175,000 For Sale – 2 days
None bedroom detached £160,000 For Sale – 9 days
3 bedroom flat £160,000 For Sale – 62 days
3 bedroom terraced £160,000 For Sale – 2 days
3 bedroom flat £150,000 For Sale – 9 days
3 bedroom flat £140,000 For Sale – 186 days
3 bedroom terraced £140,000 For Sale – 43 days
3 bedroom terraced £120,000 For Sale – 125 days
2 bedroom terraced £120,000 For Sale – 170 days

Recent Sold Prices in Great Yarmouth

DateAddressPriceType
2025-09-2444, Market Place£200,000
2025-02-2414, North Market Road, NR30 2DX£90,000Terraced House
2025-09-1210, Fishers Court, NR30 2HH£105,000Semi-Detached House
2025-03-207, Swirles Place, NR30 2DY£78,000Terraced House
2025-11-1916, North Market Road, NR30 2DX£95,000Terraced House
2025-02-1012, Coniston Square, NR30 1NT£133,500Terraced House
2025-09-23Theatre Tavern, Theatre Plain, NR30 2BE£250,000
2025-03-128, King Street, NR30 2BA£364,000
2025-03-2414, Coniston Square, NR30 1NT£150,000Terraced House
2026-01-23Swirles Buildings, 7b, Middle Market Road, NR£130,000Terraced House
2025-06-0415 – 16, King Street, NR30 2NZ£360,000
2025-03-3116, Market Row, NR30 1PB£80,000Terraced House
2025-06-0555, North Market Road, NR30 2EB£80,000Terraced House
2025-11-252, Queens Square, NR30 2AG£125,000Terraced House
2025-06-2621, King Street, NR30 2NZ£145,000
Recent Sold Prices Detached Semi Terraced Flat Sale Price £0 £100K £200K £300K Sep 25 Feb 25 Sep 25 Mar 25 Nov 25 Feb 25 Sep 25 Mar 25 Mar 25 Jan 26 Jun 25 Mar 25 Jun 25 Nov 25 Jun 25

How Great Yarmouth Compares with Norfolk

AreaAvg PriceGrowth 1Y
Great Yarmouth£132,250-5.4%
District average£199,200
Norfolk county average£239,952

Great Yarmouth commands a 14.8% premium over the wider district average, reflecting its desirability.

How Does The Great Yarmouth Property Market Compare To Nearby Markets?

AreaAvg PriceSSTC %Days on MarketMarket
Great Yarmouth£132,25010%380Strong Buyers’ Market
Gorleston-on-Sea£166,00015%277Strong Buyers’ Market
Caister-on-Sea£179,00010%338Strong Buyers’ Market
Burgh Castle£200,74910%507Strong Buyers’ Market
Hopton-on-Sea£323,88825%507Strong Buyers’ Market
Ormesby St Margaret£244,00020%761Strong Buyers’ Market
Scratby£288,50015%608Strong Buyers’ Market

Great Yarmouth Town Profile

Stretching along the North Sea coastline where the River Yare meets the ocean, Great Yarmouth combines centuries of maritime trade with grand Victorian resort architecture and iconic rows of flint-walled fishermen’s cottages. The town’s historical identity is forged in its bustling quays, medieval town walls, and expansive golden beaches that frame the eastern horizon. Transport connections via the A47 and direct rail links to Norwich anchor the town to the wider regional economy, while local amenities range from bustling independent markets to cultural fixtures like the historic Hippodrome Circus. Living here means embracing a coastal lifestyle defined by bracing sea air, wide horizons, and a distinct architectural tapestry entirely unique to East Anglia.

Selling A Home In Great Yarmouth

Listing a property when average days on the market stand at 380 demands a recalibration of traditional vendor expectations and a laser-like focus on presentation. With 179 properties currently competing for the attention of just 20 buyers over the past twelve months, generic marketing guarantees prolonged stagnation. Sellers must price against recent comparable evidence rather than aspirational peaks, acknowledging that buyers in Great Yarmouth have ample choice and zero appetite for overinflated figures. Securing a buyer in a strong buyers’ market requires flawless staging, professional architectural photography, and an asking price that commands immediate attention from day one.

Estate Agents in Great Yarmouth

Selecting an estate agent in Great Yarmouth requires looking past generic portal dominance and demanding rigorous local intelligence regarding coastal micro-markets. An effective agent must demonstrate absolute fluency in navigating prolonged marketing periods, offering transparent pricing strategies rather than flattering valuations designed merely to secure a contract. The modern vendor needs a partner skilled in high-end digital presentation and strategic negotiation, capable of translating Great Yarmouth’s unique architectural heritage into a compelling narrative for affluent buyers. In a market characterised by 12.5 months of inventory, the difference between an agent who lists and an agent who transacts is profound.

Frequently Asked Questions About Great Yarmouth

Is Great Yarmouth currently a buyer’s or seller’s market?

With 12.5 months of inventory and an SSTC rate of 10 percent, Great Yarmouth is firmly established as a strong buyers’ market. Purchasers enjoy significant negotiation headroom and ample choice, meaning sellers must price competitively to secure transactions.

What is the average property price in Great Yarmouth?

The average asking price stands at £132,250, though historical Land Registry records across 5,000 transactions point to a broader median value of £205,000. This variance reflects the diverse mix of housing stock available across the town.

Is Great Yarmouth a good place to live?

For those seeking coastal living combined with rich maritime history and excellent value for money, Great Yarmouth offers a compelling proposition. Residents enjoy sweeping beaches, striking Victorian architecture, and an authentic community character distinct from generic suburban developments.

What property types are most common in Great Yarmouth?

The housing stock features a diverse mix, ranging from terraced houses with an average asking price of £119,250 to substantial detached homes averaging £261,667. Historic flint cottages and grand Victorian villas further define the architectural landscape.

Are property prices rising or falling in Great Yarmouth?

Recent figures show a 1-year growth contraction of 5.4 percent and a 3-year drop of 8.9 percent, reflecting a broader regional recalibration. However, a robust 5-year growth rate of 21.6 percent demonstrates strong foundational performance over the medium term.

How long does it take to sell a home in Great Yarmouth?

Properties currently average 380 days on the market, illustrating a cautious pace where buyers deliberate carefully. This extended timeline underscores the vital importance of accurate initial pricing over aggressive overvaluation.

What attracts buyers to Great Yarmouth?

Buyers are primarily drawn by exceptional affordability, generous square footage, and the undeniable appeal of coastal living paired with robust local amenities. The town attracts both lifestyle relocators and investors seeking strong rental yields.

How easy is it to commute from Great Yarmouth?

The town benefits from direct rail links to Norwich and accessible road connections via the A47, linking residents smoothly to regional hubs. This makes Great Yarmouth viable for professionals who value coastal tranquillity alongside urban connectivity.

How does Great Yarmouth compare to nearby property markets?

While Great Yarmouth averages £132,250 in asking prices, nearby locations like Hopton-on-Sea command higher averages of £323,888, and Gorleston-on-Sea sits at £166,000 with a 15 percent SSTC rate. This allows buyers to find varied price points and market dynamics within a very short radius.

How can I find the true value of my home in Great Yarmouth?

Relying on online algorithms is insufficient in a market where property types range from compact flats averaging £106,926 to detached houses averaging £340,261 in Land Registry records. A bespoke valuation examining recent comparable sales and micro-location factors provides the only accurate assessment.

Is Great Yarmouth popular with families and retirees?

The town increasingly attracts both demographics thanks to its expansive coastline, healthcare facilities, and access to spacious detached and semi-detached housing. Retirees and families alike find that their capital stretches significantly further here than in inland East Anglian towns.

What is the investment potential in Great Yarmouth?

With terraced properties achieving strong rental demand and lower entry price points averaging £119,250, investors find compelling yields compared to prime city locations. However, selecting properties with strong architectural character or proximity to the coast remains essential for long-term capital appreciation.

About This Report

This Great Yarmouth property market report is compiled using data from the Land Registry, PropertyData, ONS Census data and local market intelligence. It is updated monthly to reflect the latest market conditions.

Data sources: HM Land Registry Price Paid Data (open data), PropertyData.co.uk market analytics, ONS Census 2021, local on-market tracking.

Report generated: July 2026. The Ivybridge Collection. Market intelligence supplied by Property Market Data.

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The Ivybridge Collection are Estate Agents in Norfolk for a select number of significant homes across Norfolk and Suffolk. Every sale is director led with personal guidance from valuation through to completion. Our approach is shaped by the type of home, the buyer it will attract, and the specific part of the county it sits within.
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