Norwich House Prices Norwich House Prices

The average house price in Norwich is £287,143 using HM Land Registry data.

The average property price increased by £28,226 (10.75%) over the last 5 years and increased by £5,641 (1.98%) over the last 12 months.

Over the last year, there were 2,155 residential property sales – a decrease of 383 transactions (-17.77%) relative to the previous year. The majority of house sales (657) were in the £206,000 - £262,000 range. Then came properties in the £262,000 - £318,000 range, where 418 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,377 (-2%).

In May 2025, there were 505 new estate agency instructions, 408 agreed home sales and 371 property price reductions.

5-Year Average Property Prices in Norwich

10.75%

Property prices in Norwich increased by 10.75% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Norwich Over the Last Year

1.98%

Property prices in Norwich increased by 1.98% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Norwich - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Norwich

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Norwich

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Norwich

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Norwich since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Norwich area since 1995.

Recent Property Sales in Norwich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Salisbury Road, Norwich, Norfolk, NR1 1TU£250,000£242,500-£7,50024 Oct 202425 Feb 2025124 Days
15 Greenborough Road, Norwich, Norfolk, NR7 9HQ£360,000£360,000£022 Oct 202424 Feb 2025125 Days
194 Woodcock Road, Norwich, Norfolk, NR3 3TA£390,000£385,000-£5,00016 Sep 202421 Feb 2025158 Days
27 Sleaford Green, Norwich, Norfolk, NR3 3JR£220,000£210,000-£10,00018 Oct 202421 Feb 2025126 Days
68 Spencer Street, Norwich, Norfolk, NR3 4PD£235,000£235,000£010 Oct 202420 Feb 2025133 Days
38 Waldemar Avenue, Norwich, Norfolk, NR6 6TB£465,000£440,000-£25,00026 Jul 202419 Feb 2025208 Days
101 Cromwell Road, Norwich, Norfolk, NR7 8XJ£250,000£240,000-£10,00012 Nov 202419 Feb 202599 Days
8 Peverell Road, Norwich, Norfolk, NR5 9AT£240,000£235,000-£5,00030 Sep 202414 Feb 2025137 Days
8 The Swale, Norwich, Norfolk, NR5 9HE£380,000£375,000-£5,00006 Nov 202414 Feb 2025100 Days
80 Raymond Road, Norwich, Norfolk, NR6 6PW£220,000£212,000-£8,00023 Oct 202414 Feb 2025114 Days
43 Bakers Road, Norwich, Norfolk, NR3 3AZ£230,000£230,000£030 Oct 202414 Feb 2025107 Days
6 Penn Grove, Norwich, Norfolk, NR3 3JL£190,000£190,000£011 Nov 202414 Feb 202595 Days
18 Church View Close, Norwich, Norfolk, NR7 8QA£250,000£242,000-£8,00011 Nov 202414 Feb 202595 Days
24a, Thorpe Avenue, Norwich, Norfolk, NR7 0XA£280,000£275,000-£5,00002 Oct 202414 Feb 2025135 Days
54 Gurney Road, New Costessey, Norwich, Norfolk, NR5 0HL£525,000£487,500-£37,50012 Nov 202413 Feb 202593 Days
8 Brian Avenue, Norwich, Norfolk, NR1 2PH£450,000£437,000-£13,00013 Sep 202413 Feb 2025153 Days
31 Larkman Lane, Norwich, Norfolk, NR5 8TY£260,000£260,000£004 Nov 202410 Feb 202598 Days
2 The Linnets, New Costessey, Norwich, Norfolk, NR5 0RY£250,000£245,000-£5,00002 Oct 202407 Feb 2025128 Days
187 North Walsham Road, Norwich, Norfolk, NR6 7QN£325,000£320,000-£5,00006 Sep 202407 Feb 2025154 Days
10 Billing Close, Norwich, Norfolk, NR6 7EL£220,000£220,000£012 Sep 202407 Feb 2025148 Days

Most Expensive Streets in Norwich

PostcodeStreetAreaAverageNo. of Sales
NR2 2NBTown Close RoadNorwich£1,363,1254
NR4 7QNUnthank RoadNorwich£1,157,0003
NR2 2PHUnthank RoadNorwich£1,111,6663
NR4 6APNewmarket RoadNorwich£1,106,8336
NR4 6SWBranksome RoadNorwich£973,7504
NR4 7QGUnthank RoadNorwich£970,0003
NR2 2AEChristchurch RoadNorwich£960,7147
NR2 2HNNewmarket RoadNorwich£959,3333
NR2 2HPNewmarket RoadNorwich£921,6663
NR4 7QFJudges WalkNorwich£917,8577

Least Expensive Streets in Norwich

PostcodeStreetAreaAverageNo. of Sales
NR5 8UAPicturehouse CourtDereham Road£42,3147
NR3 1JPNorris CourtWaggon And Horses Lane£72,6663
NR2 3PEEarlham HouseEarlham Road£77,28514
NR3 3TNThe GroveWoodcock Road£87,0003
NR4 7NDRusset GroveNorwich£89,9333
NR1 1QSNormandie TowerRouen Road£93,0005
NR1 1HXCavendish CourtRecorder Road£98,06025
NR3 4ALTaylors CourtMagdalen Road£100,1663
NR1 1BWCavendish HouseRecorder Road£103,27211
NR1 1QRNormandie TowerRouen Road£103,7504

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