Norwich newly built property prices
The price of a newly built property is £272k in Norwich postcode area. The price increased by £12.9k (5%) over the last twelve months. The price of an established property is £246k. There were 1580 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 372 (23.5%) properties sold, followed by £300k-£400k price range with 333 (21.1%) properties sold. Most new homes were sold in NR7 8, with 157 sold to date from December 2018 - November 2019.Norwich
postcode area
December 2018 - November 2019
£272k
average price of a new property5%
average price percentage change£12.9k
average price changeEngland + Wales
December 2018 - November 2019
£336k
avg. price of a new property-2%
average price percentage change£-7.6k
average price changeNorwich cost comparison of new homes and older homes
December 2018 - November 2019
£272k
A newly built property£246k
An established propertyNorwich sales share of new homes and older homes
December 2018 - November 2019
█ 12.4%
A newly built property1.6k
█ 87.6%
An established property11.2k
12.8k
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 December 2018 - November 2019. See also Norwich property sales reports.
| Property price range | Market share | Sales volume |
|---|
| £50k-£100k | 1.6% | 26 |
| £100k-£150k | 9.6% | 152 |
| £150k-£200k | 14.2% | 224 |
| £200k-£250k | 20.3% | 321 |
| £250k-£300k | 23.5% | 372 |
| £300k-£400k | 21.1% | 333 |
| £400k-£500k | 6.6% | 104 |
| £500k-£750k | 3.0% | 47 |
| £750k-£1M | 0.1% | 1 |
Norwich cost comparison of new houses and new flats
December 2018 - November 2019
£351k
Detached£154k
Flat£247k
Semi-Detached£228k
TerracedNorwich sales share of new houses and new flats
December 2018 - November 2019
█ 43.7%
Detached690
█ 18.9%
Flat299
█ 21.3%
Semi-Detached337
█ 16.1%
Terraced254
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
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
Associated reports: