House Prices in Great Yarmouth, Norfolk

# Great Yarmouth Property Market Summary

Great Yarmouth presents an exceptionally affordable property market, with an average asking price of £140,417 across nearly 32,000 properties—significantly below the national average. The coastal town has experienced notable volatility in recent years, with average sale prices peaking at £290,632 in 2022 before moderating to £228,083 in early 2025. This represents a substantial increase from the £178,000-£180,000 range observed during 2018-2019, reflecting the broader post-pandemic surge in demand for coastal locations. Transaction volumes have remained robust, with over 1,500 annual sales in most years, suggesting sustained market activity.

What makes Great Yarmouth particularly notable is its position as an accessible entry point for first-time buyers and investors seeking coastal property. The town's traditional seaside heritage, combined with its working port and ongoing regeneration efforts, offers a mix of period Victorian and Edwardian properties alongside more modern developments. The recent price correction from the 2022 peak may present opportunities for buyers, though the market's volatility warrants careful consideration. Great Yarmouth's affordability relative to other East Anglian coastal towns remains its defining characteristic, attracting those priced out of more expensive Norfolk locations.