Market update: January 2026
Property Market:
January 2026 – A Quick Update
As we venture into 2026, the property market across South Norfolk, North Suffolk, and Breckland continues to show solidity and steady performance. Buyers remain active, with many still seeking charming cottages and period country homes. Characterful properties with generous gardens remain an attractive option for those seeking a quiet lifestyle, yet with the benefit of having great transport links close-by, allowing speedy access to Cambridge, London and the Southeast.
Key Trends:
Property Price Growth in 2025.
According to the Rightmove December property report, the East of England has seen a 1.7% year on year price increase, with the average house price now sitting at £400,472, compared to the national average of £358,138. The average time from listing a new instruction to finding a buyer being
74 days. Larger country and rural homes with land in South Norfolk, North Suffolk and Breckland witnessed a relatively stable year in terms of values, whilst popular online buyer searches included towns and villages around Wymondham, Diss, Harleston and Eye, as well as in the Waveney Valley area, such as Beccles, Bungay and Halesworth.
Economic climate:
Inflation has begun to stabilize, and this should help ‘steady the ship’ within the UK economy. December’s lowering of the Bank of England base rate from 4% down to 3.75% will also provide some relief to homeowners. Whilst mortgage rates remain relatively high, mortgage lenders are being encouraged to loosen lending criteria in order to make deals more attractive and allow buyers to borrow more responsibly.
Looking Ahead in the year:
The property market in Norfolk and Suffolk is expected to improve and remain robust in 2026. Whilst we have seen an increase in volume of homes For Sale during 2025, leading to more buyer choice, the likelihood of further interest rate drops through the year remains high and will entice new buyers to enter the market with improved affordability. Overall, Rightmove are forecasting a
2% rise in property prices over the year.
Thinking of a move this year?
If you're looking to sell your home this year, why not speak to one of our team and arrange for our experienced and expert property Valuers to visit your property. Or click the link to arrange via our website.
