Houses for sale in Pennygate, NR12, Norfolk

There are 48 results for Pennygate, NR12, Norfolk. Property prices across these results range from £70k to £591k with an average price of £281k.


Properties for sale near Pennygate, NR12

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Property market around Pennygate

Average asking price £317k within 5 km · typical £280k
Most prices £65k – £891k within 5 km
Homes for sale 0 in Pennygate · 120 within 5 km
New to the market 29 in the last 30 days · within 5 km
Typical time to sell 3 months last 12 months · within 5 km
Asking prices, year on year −15.4% homes newly listed · within 5 km
Typical sold price £292k 77 sales in 12 months · within 5 km
Gross rental yield 5.7–8.8% houses 5.7%, flats 8.8% · within 5 km

What's for sale

120 homes within 5 km of Pennygate · share, count and typical price
Bungalows 21.7% 26 · £350k
Detached houses 18.3% 22 · £470k
Semi-detached houses 17.5% 21 · £260k
Terraced houses 10.8% 13 · £210k
Flats and apartments 10.0% 12 · £185k
Other homes 8.3% 10 · £525k
Land and plots 7.5% 9 · £80k
Park and mobile homes 5.8% 7 · £48k

How many bedrooms

within 5 km of Pennygate · share, count and typical price
1 bedroom 1.8% 2 · £185k
2 bedrooms 33.3% 37 · £200k
3 bedrooms 40.5% 45 · £300k
4 bedrooms 19.8% 22 · £550k
5+ bedrooms 4.5% 5 · £625k

Price bands

120 homes within 5 km of Pennygate
Under £180k 20.0% 24
£180k – £250k 20.0% 24
£250k – £320k 19.2% 23
£320k – £450k 20.0% 24
£450k and over 20.8% 25

Houses and flats compared

HousesFlats
Share of homes for sale68%10%
Typical asking price£318k£185k
Average bedrooms3.12.1
Typical time to sell3 months7 months
Gross rental yield5.7%8.8%

Asking prices over time

typical asking price of the homes first listed each quarter within 5 km of Pennygate · −3.4% since 2024 Q4 Median asking price per quarter in Pennygate 2024 Q4: £290k (65 new listings) £290k 2024 Q4 2025 Q1: £325k (89 new listings) £325k 2025 Q1 2025 Q2: £350k (103 new listings) £350k 2025 Q2 2025 Q3: £293k (90 new listings) £293k 2025 Q3 2025 Q4: £290k (63 new listings) £290k 2025 Q4 2026 Q1: £290k (95 new listings) £290k 2026 Q1 2026 Q2: £260k (147 new listings) £260k 2026 Q2 2026 Q3: £280k (103 new listings) £280k 2026 Q3

Based on 120 homes for sale on Houses now, 401 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Pennygate

What is the average house price in Pennygate?

There are no homes for sale in Pennygate itself right now, so these figures cover the 120 homes for sale within 5 km. The average home for sale within 5 km of Pennygate is priced at £317,000. A few very expensive homes pull that average up, so a more typical price is £280,000.

How much does a 2 or 3 bedroom home cost in Pennygate?

A typical 2-bedroom home within 5 km of Pennygate costs £200,000 and a 3-bedroom home £300,000. So the extra bedroom adds about £100,000. 4-bedroom homes are about £550,000.

What price range should I expect in Pennygate?

Most homes within 5 km of Pennygate are priced between £65,000 and £891,000, leaving out the very cheapest and most expensive. One in five costs less than £180,000, and one in five £450,000 or more.

How many homes are for sale in Pennygate?

There are no homes for sale in Pennygate on Houses right now, plus 1 already under offer. Within 5 km there are 120, and the listings on this page include the nearest of them. 29 new listings came onto the market within 5 km in the last 30 days.

Are house prices going up in Pennygate?

No, they are falling. Homes put up for sale within 5 km of Pennygate over the last 12 months were advertised at a typical £275,000, 15% lower than the year before (£325,000). By size, 2-bedroom homes are down 5%, 3-bedroom homes are down 7% and 4-bedroom homes are up 26%.

How long does it take to sell a home in Pennygate?

Within 5 km of Pennygate, homes usually sell or come off the market within about 3 months. About 24% go within the first month, and a quarter take longer than about 7 months. Houses go faster, in about 3 months against about 7 months for flats.

What do homes actually sell for in Pennygate?

In the year to August 2026, 77 homes sold within 5 km of Pennygate at a typical price of £292,000, according to HM Land Registry.

What rental yield can I get in Pennygate?

About 8.8% gross for flats and 5.7% for houses. That compares typical rents with what flats and houses actually sold for within 5 km of Pennygate over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Pennygate?

Bungalows are the most common, about 2 in 10 homes for sale within 5 km of Pennygate. Detached houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £185,000, and detached houses the most expensive, at about £470,000.

Are homes in Pennygate freehold or leasehold?

About 9 in 10 homes for sale within 5 km of Pennygate are freehold and the rest leasehold, which is mostly flats.