North Norfolk sees sporting surge in property searches
New data from the property portal Rightmove has revealed the number of buyer searches for the Holt area in North Norfolk jumped by 45 per cent last week.
This is where England rugby player, Ben Youngs, first started his career, and on Saturday he became the most capped England men’s player of all time.
Due to the Six Nations match between England and Wales, home-hunters began to express interest in the market town where he first played, according to data from Rightmove.
The average asking price for a home in North Norfolk is £363,314 and has risen 11.8 per cent over the last year, while buyer demand is also up 18 per cent.
Tim Bannister, Rightmove’s property expert, says: “Ahead of big cultural moments such as a Six Nations rugby match, it’s always fascinating to see how a spotlight on certain areas can inspire people to search for what’s available to buy.
“Being both rural and near the coast, it’s easy to see why Holt has been so popular over the last year and being in the public profile over the weekend has clearly inspired more people to search for homes in the area.”
Andrew Pointen, owner of Pointens Estate Agents in Holt, adds: “Having worked as an estate agent in North Norfolk for the past 30 years, I can only describe the past two years as quite extraordinary.
“The North Norfolk property market has always remained robust – even through the 2008 financial crisis and Brexit, prices in general did not drop.
“The majority of buyers we meet in North Norfolk are either buying holiday homes, buy-to-holiday let, second homes or retirement homes.
“The jump in enquiries since the start of the pandemic, I believe, has been due to many factors, but, mainly, I think the pandemic has concentrated people minds on what they really want out of life.
“Many workers discovered they can work from home. Rural North Norfolk with its wide-open skies can be more appealing than urban areas when there’s a national pandemic running through the population.
“Finally, I believe North Norfolk has been put on the national media radar in recent years.
“When I started in the industry in the late 80s, Norfolk was a bit of a backwater and a hidden gem. I now see many articles and programmes about the area nationally.
“North Norfolk has become a very fashionable place to be.”