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Fakenham House Prices

The average house price in Fakenham is £234,250 using HM Land Registry data.

The average property price increased by £31,711 (12.54%) over the last 5 years and increased by £6,339 (2.28%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 24 transactions (-24.24%) relative to the previous year. The majority of house sales (22) were in the £194,000 - £258,000 range. Then came properties in the £130,000 - £194,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,718 (-4%).

In Nov 2025, there were 19 new estate agency instructions, 16 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Fakenham

12.54%

Property prices in Fakenham increased by 12.54% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Fakenham Over the Last Year

2.28%

Property prices in Fakenham increased by 2.28% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Fakenham - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Fakenham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Fakenham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Fakenham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Fakenham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Fakenham area since 1995.

Recent Property Sales in Fakenham

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
41 Sandy Lane, Fakenham, NR21 9EX	£435,000	£425,000	-£10,000	14 Jul 2025	18 Dec 2025	157 Days
38 Queens Road, Fakenham, NR21 8DB	£295,000	£285,000	-£10,000	29 Jul 2025	15 Dec 2025	139 Days
143 North Park, Fakenham, NR21 9RJ	£220,000	£210,000	-£10,000	09 Jul 2025	12 Dec 2025	156 Days
66 Hayes Lane, Fakenham, NR21 9ER	£245,000	£227,500	-£17,500	16 May 2025	09 Dec 2025	207 Days
20 Warren Avenue, Fakenham, NR21 8NP	£115,000	£105,000	-£10,000	31 Jul 2025	08 Dec 2025	130 Days
24 Fayregreen, Fakenham, NR21 8HE	£155,000	£153,000	-£2,000	13 Aug 2025	02 Dec 2025	111 Days
40 Brick Kiln Road, Fakenham, NR21 8QB	£375,000	£366,250	-£8,750	28 Apr 2025	28 Nov 2025	214 Days
98 North Park, Fakenham, NR21 9RH	£315,000	£315,000	£0	28 Mar 2025	10 Nov 2025	227 Days
24 Field Lane, Fakenham, NR21 9QW	£360,000	£360,000	£0	08 Apr 2025	05 Nov 2025	211 Days
5 Lawrence Close, Fakenham, NR21 9RA	£250,000	£240,000	-£10,000	28 Apr 2025	31 Oct 2025	186 Days
9 Brick Kiln Road, Fakenham, NR21 8QB	£128,000	£128,000	£0	30 May 2025	24 Oct 2025	147 Days
7 Teal House, Ratcliffe Road, Fakenham, NR21 8AY	£350,000	£330,000	-£20,000	15 May 2025	22 Oct 2025	160 Days
8 Kingfisher Close, Fakenham, NR21 8PT	£300,000	£280,000	-£20,000	16 Nov 2024	16 Oct 2025	334 Days
15 Southgates Drive, Fakenham, NR21 8AQ	£150,000	£145,000	-£5,000	21 May 2025	29 Sep 2025	131 Days
13 Lichfield Street, Fakenham, NR21 9DF	£230,000	£227,500	-£2,500	26 Dec 2024	22 Sep 2025	270 Days
14 Olivet Way, Fakenham, NR21 9TD	£225,000	£218,000	-£7,000	16 Jun 2025	29 Aug 2025	74 Days
18 Fayregreen, Fakenham, NR21 8HE	£120,000	£120,000	£0	12 Nov 2024	15 Aug 2025	276 Days
7 The Mews, Barons Hall Lane, Fakenham, NR21 8HB	£250,000	£250,000	£0	24 Mar 2025	12 Aug 2025	141 Days
11 Gladstone Road, Fakenham, NR21 9BZ	£320,000	£307,500	-£12,500	11 Mar 2025	04 Aug 2025	146 Days
16 Gorse Close, Fakenham, NR21 8PP	£340,000	£325,000	-£15,000	09 Sep 2024	28 Jul 2025	322 Days

Most Expensive Streets in Fakenham

Postcode	Street	Area	Average	No. of Sales
NR21 9AA	Wells Road	Fakenham	£550,333	3
NR21 8DF	Greenway Lane	Fakenham	£475,715	4
NR21 9EX	Sandy Lane	Fakenham	£472,000	3
NR21 9ES	Sandy Lane	Fakenham	£441,166	3
NR21 9EN	Nelson Road	Fakenham	£423,333	3
NR21 8AU	Norwich Road	Fakenham	£393,750	4
NR21 8LB	Victoria Lane	Fakenham	£376,333	3
NR21 9RB	Seppings Road	Fakenham	£375,000	5
NR21 9BZ	Gladstone Road	Fakenham	£363,214	7
NR21 8LN	Heath Lane	Fakenham	£358,461	9

Least Expensive Streets in Fakenham

Postcode	Street	Area	Average	No. of Sales
NR21 9AZ	Bridge Street	Fakenham	£114,333	3
NR21 8HN	Norwich Road	Fakenham	£116,875	4
NR21 8EU	Waterfield Avenue	Fakenham	£117,300	5
NR21 9AJ	Newmans Court	Norwich Street, Fakenham	£121,500	5
NR21 8EX	Waterfield Avenue	Fakenham	£130,833	3
NR21 8HE	Fayregreen	Fakenham	£137,080	18
NR21 8EZ	Waterfield Close	Fakenham	£138,107	7
NR21 8HD	Great Eastern Way	Fakenham	£138,562	8
NR21 8ED	Summit House	Holt Road	£141,500	3
NR21 8SU	Meadow Walk	Trinity Road	£150,650	7