# NR31 8SY Area Summary
This postcode falls within the Great Yarmouth area of Norfolk, a coastal town known for its mix of traditional seaside properties and residential housing. With 85 properties recorded and an average price of £106,164, this area sits well below the national average, making it one of the more affordable locations in the East of England. The pricing reflects Great Yarmouth's position as a value-focused market, typically attracting first-time buyers, investors seeking rental yields, and retirees looking for coastal living without premium price tags.
The significantly lower average price point suggests a predominance of flats, maisonettes, or terraced properties, which are common throughout Great Yarmouth's residential areas. The local market tends to appeal to those prioritising affordability and seaside access over proximity to major employment hubs. Great Yarmouth has historically experienced modest price growth compared to regional averages, though its affordability and coastal location continue to maintain steady demand from both owner-occupiers and the buy-to-let sector, particularly given the town's tourism industry and regeneration initiatives.
--- *Property data based on 85 recorded properties with an average value of £106,164*
The average house price in NR31 8SY, Great Yarmouth is £106,164. Prices range from £39,000 to £357,000.
There are 85 properties in NR31 8SY, Great Yarmouth.
NR31 8SY contains 37 detached properties, 30 semi-detached properties, 18 terraced properties.
Average house prices in NR31 8SY have risen by 419.3% from £60,658 in 1995 to £315,000 in 2025.
NR31 8SY is located in Great Yarmouth, Norfolk, England.