NR20 (Dereham), Norfolk, has recorded a five-year compound annual growth rate of 1.4% in property prices, substantially below the national average, whilst rental growth achieved 5.8% over the same period. The postcode district sits in the latent gentrification stage with a trajectory score of 43.3 out of 100, placing it in the 15th percentile nationally. Population expansion measured 1.5% across five years. These metrics indicate a market characterised by rental yield opportunities outpacing capital appreciation, with modest demographic growth. The divergence between rental and price growth suggests investor interest may be concentrated in the lettings market rather than longer-term capital gains strategies.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 0.8% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 1.5% per year
Nearby districts
What's changing in Dereham · June 2026
The trajectory score moved down 1.1 points this month to 42/100, driven mainly by demand.
2 planning applications submitted in NR20 over the last six months, 1 change of use.
- Norfolk County Council planning application ref FUL/2026/0004 : Variation of Condition 3 (restricted to children aged 12 and 16 years only) of planning permission ref: FUL/2020/0088 for 'Change of use from dwellinghouse (C3) use to children's home (C2) use' to remove the age restriction to allow a child aged 0-18 years.: Executive Director of Children's ServicesFeb 2026 · Decided
- Proposed alterations to the high voltage (HV) and low voltage (LV) overhead lines at Wood Norton to facilitate the removal of overhead lines; New terminal pole, along same alignment of existing apparatus to be installed, under the Overhead Lines (Exemption) (England and Wales) Regulations 2009 - Ref 105191-275Jun 2026 · pending
Dereham (NR20) common questions
Is Dereham up and coming?
Dereham (NR20) has a trajectory score of 42/100 (Average), placing it in the top 88% of postcode districts in England and Wales. The score is down 7.6 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Dereham safe?
Dereham has a safety score of 23/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Dereham?
The average property price in Dereham (NR20) is £234k as of January 2026, based on UK House Price Index data. Prices have grown at 0.8% per year over the last five years.
What is the average rent in Dereham?
The median monthly rent in Dereham (NR20) is £961 (2026), based on ONS private rental data.
Which areas are near Dereham?
Neighbouring postcode districts include Dereham (NR19), Norwich (NR9), Stowmarket (IP14), Melton Constable (NR24), Norwich (NR8). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.