Norwich newly built property prices
The price of a newly built property is £281k in Norwich postcode area. The price increased by £24.0k (9%) over the last twelve months. The price of an established property is £245k. There were 1497 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 386 (25.8%) properties sold, followed by £300k-£400k price range with 315 (21.0%) properties sold. Most new homes were sold in NR7 8, with 140 sold to date from March 2019 - February 2020.Norwich
postcode area
March 2019 - February 2020
£281k
average price of a new property9%
average price percentage change£24.0k
average price changeEngland + Wales
March 2019 - February 2020
£339k
avg. price of a new property-1%
average price percentage change£-1.9k
average price changeNorwich cost comparison of new homes and older homes
March 2019 - February 2020
£281k
A newly built property£245k
An established propertyNorwich sales share of new homes and older homes
March 2019 - February 2020
█ 11.6%
A newly built property1.5k
█ 88.4%
An established property11.4k
12.9k
total sales volumeNorwich map of sales of new properties
shows the total volume of new homes sold a given postcode sector.
Norwich new home sales share by price range
shows a sales volume of new homes in a given price range between March 2019 - February 2020. See also Norwich property sales reports.
| Property price range | Market share | Sales volume |
|---|
| £50k-£100k | 0.8% | 12 |
| £100k-£150k | 6.3% | 95 |
| £150k-£200k | 14.6% | 218 |
| £200k-£250k | 20.8% | 311 |
| £250k-£300k | 25.8% | 386 |
| £300k-£400k | 21.0% | 315 |
| £400k-£500k | 6.8% | 102 |
| £500k-£750k | 3.7% | 56 |
| £750k-£1M | 0.1% | 2 |
Norwich cost comparison of new houses and new flats
March 2019 - February 2020
£353k
Detached£165k
Flat£247k
Semi-Detached£232k
TerracedNorwich sales share of new houses and new flats
March 2019 - February 2020
█ 46.2%
Detached691
█ 14.6%
Flat219
█ 20.4%
Semi-Detached306
█ 18.8%
Terraced281
Norwich real new home prices
Yearly average nominal house prices adjusted for inflation
Norwich new home prices compared to England & Wales' new home prices
Yearly average nominal prices
compared to England & Wales' prices
Yearly average nominal prices per square meter of new homes.
Norwich new home prices and nearby areas
Yearly average nominal prices
Norwich house prices new vs established
Yearly average nominal prices
Norwich annual sales of new homes and older homes
Total sales volumes by year
Other reports for Norwich postcode area