# NR35 2SH Area Summary
This postcode covers part of Bungay, a historic market town in Suffolk located on the River Waveney, though the NR postcode indicates its proximity to the Norfolk border. With 69 properties and an average price of £172,069, this area represents excellent value compared to the broader East Anglian and national property markets. The pricing suggests a mix of traditional terraced houses, semi-detached properties, and potentially some period cottages characteristic of this rural Suffolk locale.
The sub-£175,000 average makes NR35 2SH particularly attractive for first-time buyers, downsizers, and those seeking affordable rural living within commuting distance of Norwich (approximately 15 miles northeast). Bungay itself offers a strong community feel with independent shops, schools, and cultural amenities including its famous theatre, whilst maintaining the tranquillity of small-town Suffolk life. The area appeals to buyers seeking characterful properties at accessible price points, away from the premium costs associated with more sought-after Norfolk and Suffolk coastal towns.
Property values in this postcode reflect the typical market dynamics of rural market towns in East Anglia, where affordability remains a key advantage despite steady demand from those relocating from more expensive urban centres.
The average house price in NR35 2SH, Bungay is £172,069. Prices range from £114,950 to £292,500.
There are 69 properties in NR35 2SH, Bungay.
NR35 2SH contains 34 terraced properties, 27 flat / maisonette properties, 7 semi-detached properties, 1 detached properties.
Average house prices in NR35 2SH have risen by 42.5% from £177,556 in 2014 to £253,000 in 2024.
NR35 2SH is located in Bungay, Norfolk, England.