NR35 covers Bungay in Suffolk, a rural district with a trajectory score of 46.3, placing it in the 28th percentile nationally. Over five years, property prices have grown at 1.4% compound annual rate, significantly below the national average, while rental yields have performed better at 6.0% CAGR. Population growth remained modest at 1.5% across the same period. The area sits in a latent gentrification stage, suggesting limited immediate pressure for residential or commercial transformation. These metrics indicate a market characterised by rental activity outpacing capital appreciation, typical of established rural locations with stable but slow-moving demand fundamentals.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 0.7% over 5 years (5yr CAGR)
- 2Rents growing at 6.0% per year
- 3Population growing at 1.5% per year
Nearby districts
What's changing in Bungay · June 2026
The trajectory score moved down 2.1 points this month to 44/100, driven mainly by safety.
21 planning applications submitted in NR35 over the last six months.
- Discharge of condition Nos. 4 & 5 of DC/23/3267/LBC - Listed Building Consent - Refurbishment and conversion of The Kings Hotel into 6 apartment hotel suites including office/retail space at ground floor and one two bed dwelling and the conversion of The Odd Fellows Hall into two 3 bed dwellings. - Proposed materialsJun 2026 · Awaiting decision
- 1no. Holly (marked on submitted plan) - Prune back to boundary.Jun 2026 · Awaiting decision
- Details for condition 4 - external materials of permission 2025/1021Jun 2026 · pending
Bungay (NR35) common questions
Is Bungay up and coming?
Bungay (NR35) has a trajectory score of 44/100 (Average), placing it in the top 80% of postcode districts in England and Wales. The score is down 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 Bungay safe?
Bungay has a safety score of 67/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Bungay?
The average property price in Bungay (NR35) is £259k as of January 2026, based on UK House Price Index data. Prices have grown at 0.7% per year over the last five years.
What is the average rent in Bungay?
The median monthly rent in Bungay (NR35) is £812 (2026), based on ONS private rental data.
Which areas are near Bungay?
Neighbouring postcode districts include North Walsham (NR28), Cromer (NR27), Norwich (NR11), Norwich (NR5), Norwich (NR12). 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.