NR21 (Fakenham) in Norfolk has recorded modest price appreciation of 0.9% compound annual growth over five years, below the national average. Rental yields have outpaced capital growth significantly, with 4.9% annual rent expansion recorded across the same period. Population change remains negligible at 0.1% over five years, suggesting limited demographic pressure on housing demand. The district scores 36.2/100 on trajectory metrics, placing it in the lowest percentile nationally. Market indicators classify the area as latent-stage gentrification, implying limited evidence of concentrated investment activity or urban renewal at present.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 0.3% over 5 years (5yr CAGR)
- 2Rents growing at 4.9% per year
- 3Population growing at 0.1% per year
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What's changing in Fakenham · June 2026
The trajectory score moved down 0.9 points this month to 35/100, driven mainly by price opportunity.
66 planning applications submitted in NR21 over the last six months, including 2 new build residential schemes, 1 change of use, 2 demolition.
- First floor side extension dwelling with first floor balcony, brick outer skin to single story section, external alterationsApr 2026 · pending
- Extensiion to rear of dwelling, dormer window to front, converion of loft to habitable space, front porch and extermnal alterations. Erection of detached double garage to front of dwellingFeb 2026 · pending
- Discharge of Conditions 4 (Mitigation Enhancement measures) & 6 (External Lighting) of Planning Permission PF/25/2758 (Renovation of house including new front porch, new windows, rear two storey extension, single storey replacement conservatory, demolition of garage and replacement with ancillary accommodation to rear and above, with balconies to rear)Jun 2026 · pending
Fakenham (NR21) common questions
Is Fakenham up and coming?
Fakenham (NR21) has a trajectory score of 35/100 (Average), placing it in the top 99% of postcode districts in England and Wales. The score is up 2.2 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Fakenham safe?
Fakenham has a safety score of 38/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Fakenham?
The average property price in Fakenham (NR21) is £234k as of January 2026, based on UK House Price Index data. Prices have grown at 0.3% per year over the last five years.
What is the average rent in Fakenham?
The median monthly rent in Fakenham (NR21) is £841 (2026), based on ONS private rental data.
Which areas are near Fakenham?
Neighbouring postcode districts include Wells-Next-The-Sea (NR23), Holt (NR25), Walsingham (NR22), Wymondham (NR18), Hunstanton (PE36). Each has its own monthly data page on Praesago.
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