Data from Land Registry, ONS, Bank of England
Compare with another area →Key indicators for buyers
The Norwich market looks favourable for buyers. Prices have softened (-2.1%), which could present a buying opportunity. Affordability has improved from a peak of 7.8x in 2022 to 6.5x today. Rising rents (£1,144/mo, +3.1%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Norwich costs 6.5x the local median salary — moderate, improving from a peak of 7.8x in 2022.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Norwich is £1,144, up 3.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Norwich price of £224,852 with a 25% deposit (£56k), a 2-year fixed mortgage at 3.97% costs around £887 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£887) are £257 less than renting (£1,144). However, buying requires an upfront deposit of £56k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
35, NEWBEGIN ROAD NR1 4PY | Terraced | £232,500 | 28 Jan 2026 |
44, APPLEYARD CRESCENT NR3 2QW | Semi-detached | £150,000 | 28 Jan 2026 |
6, LEOPOLD ROAD NR4 7AD | Semi-detached | £542,000 | 26 Jan 2026 |
74, VINCENT ROAD NR1 4HH | Terraced | £223,000 | 23 Jan 2026 |
6, HORSFORD STREET NR2 4LW | Terraced | £205,000 | 22 Jan 2026 |
219, NORTHUMBERLAND STREET NR2 4EE | Terraced | £210,000 | 22 Jan 2026 |
41, LINCOLN STREET NR2 3JY | Terraced | £295,000 |
5postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Norwich sells for £224,852, down 2.1% over the past year. Prices have grown from around £35k in the mid-1990s.
| 22 Jan 2026 |
60, WALDECK ROAD NR4 7PQ | Terraced | £250,000 | 21 Jan 2026 |
2E, SPROWSTON ROAD NR3 4QN | Flat/Maisonette | £127,500 | 21 Jan 2026 |
13, WILLIAMSON CLOSE NR7 9DT | Terraced | £262,000 | 21 Jan 2026 |
1, RACHEL CLOSE NR5 8JF | Semi-detached | £200,000 | 21 Jan 2026 |
4, LIME KILN MEWS NR3 2ET | Semi-detached | £290,000 | 20 Jan 2026 |
124, WHITEHALL ROAD NR2 3EW | Semi-detached | £465,000 | 20 Jan 2026 |
363, UNTHANK ROAD NR4 7QG | Detached | £1,077,000 | 20 Jan 2026 |
6, BEACONSFIELD ROAD NR3 4PW | Terraced | £197,250 | 20 Jan 2026 |
3, HARFORD STREET NR1 3AY | Terraced | £250,000 | 19 Jan 2026 |
38, GUERNSEY ROAD NR3 1JJ | Terraced | £228,000 | 16 Jan 2026 |
27, COPEMAN STREET NR2 1HH | Terraced | £205,000 | 16 Jan 2026 |
9A, HARFORD MANOR CLOSE NR2 2LW | Detached | £410,000 | 16 Jan 2026 |
79, SWAFIELD STREET NR5 9EA | Semi-detached | £200,000 | 16 Jan 2026 |
The most recent recorded sale in Norwich was a terraced property on Newbegin Road for £232,500 in January 2026. Across the last 20 sales, the median price was £232,500.