Is it profitable to do Airbnb in North Norfolk, The United Kingdom?
What is the occupancy rate of Airbnb in North Norfolk, The United Kingdom?
What is the average daily rate of Airbnb in North Norfolk, The United Kingdom?
The United Kingdom / North Norfolk
North Norfolk, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in North Norfolk is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of £135. In 2023, a typical host income (annual revenue) was £30K. As of 12th September, 2024, there are 2,160 active Airbnb listings.
Average Revenue: £30K/yr
Occupancy Rate
65%
Avg Daily Rate
£135
Mid Scale
No. of Listings
2,775
Medium
YoY Revenue Change
10.45%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,874
Average
£2,567
High
£3,855
Is Airbnb Profitable in North Norfolk?
Yes, there is good short-term rental demand. A 65% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in North Norfolk
Short-term rental regulation is lenient in North Norfolk. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in The United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in North Norfolk
A typical listing recorded a 65% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 4.71% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 65%
2,160 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore North Norfolk's Airbnb Data ⟶
Best Areas in North Norfolk for Airbnb
Are you wondering where to invest in North Norfolk? Look no further!
- Cromer
- Sherringham
- Hunstanton
- Holt
- Blakeney
- Wells-next-the-Sea
- Burnham Market
- Sheringham Park
- Felbrigg Hall
- Blickling Estate
Top demand Airbnb in North Norfolk
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 2,160 listings.
See 2,160 listing Statistics
Professional Short-term rental property managers in North Norfolk
We've compiled a list of host profiles that manage the most Airbnb properties in North Norfolk. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in North Norfolk
Here is a breakdown of short-let properties in North Norfolk. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type