Norwich newly built property prices

The price of a newly built property is £280k in Norwich postcode area. The price increased by £21.0k (8%) over the last twelve months. The price of an established property is £247k. There were 1181 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 297 (25.1%) properties sold, followed by £200k-£250k price range with 254 (21.5%) properties sold. Most new homes were sold in NR7 8, with 122 sold to date from June 2019 - May 2020.

June 2019 - May 2020

Norwich postcode areaEngland and Wales

£280k

average price of a new property

£342k

average price of a new property

8%

average price percentage change

1%

average price percentage change

£21.0k

average price change

£4.9k

average price change

Norwich cost comparison of new homes and older homes

June 2019 - May 2020

Norwich cost comparison of new homes and older homes

£280k

A newly built property

£247k

An established property

Norwich sales share of new homes and older homes

June 2019 - May 2020

Norwich sales share of new homes and older homes

11.1%

A newly built property

1.2k

88.9%

An established property

9.4k

10.6k

total sales volume

Norwich map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Norwich map of sales of new properties

Norwich new home sales share by price range

shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also Norwich property sales reports.

Norwich new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.6%7
£100k-£150k6.9%81
£150k-£200k15.3%181
£200k-£250k21.5%254
£250k-£300k25.1%297
£300k-£400k19.1%226
£400k-£500k7.2%85
£500k-£750k4.1%48
£750k-£1M0.2%2

Norwich cost comparison of new houses and new flats

June 2019 - May 2020

Norwich cost comparison of new houses and new flats

£355k

Detached

£162k

Flat

£246k

Semi-Detached

£233k

Terraced

Norwich sales share of new houses and new flats

June 2019 - May 2020

Norwich sales share of new houses and new flats

44.8%

Detached

529

14.7%

Flat

174

21.3%

Semi-Detached

251

19.2%

Terraced

227

Norwich real new home prices

Yearly average nominal house prices adjusted for inflation

Norwich real new home prices

Norwich new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Norwich new home prices

Norwich new home prices and nearby areas

Yearly average nominal prices

Norwich new home prices and nearby areas

Norwich house prices new vs established

Yearly average nominal prices

Norwich house prices new vs established

Norwich annual sales of new homes and older homes

Total sales volumes by year

Norwich annual sales of new homes and older homes

Other reports for Norwich postcode area

house prices

property transactions

home energy certificates

population statistics

energy costs

salary and unemployment

home features

crime statistics

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