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Property investment stats for Norwich, East of England

A complete guide to property investment in Norwich.

Last updated: 3 November 2025

Investment summary

Norwich has a distinctive rental market, shaped by a high student presence (in the 94th percentile) and a large number of single occupier households (in the 85th percentile). Demand from younger renters is strong, with the population aged 20-30 in the 90th percentile and a private rented sector that sits in the upper range nationally. Affordability is relatively balanced, with a price-to-income ratio of 5.0 and a rent-to-income ratio of 23.9%, making it more accessible than many southern cities. The sales market is liquid by regional standards, with properties spending a typical 56 days on the market and a median discount to asking price of £0 (the typical achieved discount).

Image of Norwich, East of England

Key investment stats for Norwich

Median price per sq ft

£298 / sq ft

Average rental yield

6.0%

Capital growth (1y)

-2.3%

Sales in past year

2,661

* Property stats calculated for last full calendar year (2024).

Live property stats in Norwich

Live prices in Norwich, East of England

* Extreme prices clipped for legibility

Properties for sale

Median price

£280,000

25% of properties below...

£210,000

75% of properties below...

£380,000

Most expensive property

£2,750,000

Live listings

1,864

Median days on market

56

Should you invest in Norwich?

Opportunities

  • Rental yields are attractive, with an average of 6.0% and top-performing districts reaching 7.4%.
  • The strong student and young professional demand underpins consistent rental income, especially for flats and shared housing.
  • Achieved prices meeting or exceeding asking prices (median discount of £0 (the typical achieved discount)) signal healthy buyer competition.

Risks

  • One-year capital growth has changed by -2.3%, so short-term price movements may be unpredictable.
  • The proportion of families is low (in the 13th percentile), which may limit demand for larger homes.
  • The market is dominated by renters and social tenants, which could mean greater tenant turnover or regulatory changes impacting yields.

Outlook

Norwich’s outlook is steady, underpinned by strong rental demand and a student-driven market. While short-term capital growth has changed by -2.3%, the three-year picture is more upbeat, with capital values up by 9.5% and annualised growth at 3.1%. The steady flow of sales (annual sales at 2,661) and balanced affordability metrics suggest the market is neither overheated nor stagnant.

Investors can expect competition for well-priced homes, particularly in the rental sector, given the fast-moving nature of sales and the lack of discounts to asking prices. While Norwich may not offer the sharpest capital gains in the short run, its combination of yield, demand stability and liquidity make it a pragmatic choice for those seeking reliable income and manageable risk.

Live properties in Norwich

Investment properties in Norwich, East of England

2 bedroom terraced house for sale
43% below median price

£140,000 - Offers in Excess of

2 bedroom terraced house for sale

Womersley Road, Norwich, Norfolk

Properties needing refurbishment in Norwich, East of England
Needs Refurb
3 bedroom detached house for sale
14% below median price

£260,000 - Guide Price

3 bedroom detached house for sale

Meadow Close, Hellesdon, Norwich, N...

Priced to sell properties in Norwich, East of England
Priced to Sell
1 bedroom retirement property for sale
On market for 180 days

£95,000 - Offers in Excess of

1 bedroom retirement property for sale

Cavendish Court, Norwich

Slow to sell properties in Norwich, East of England
Slow to Sell
Garages for sale
Reduced by 22%

£35,000 - Offers in Region of

Garages for sale

Kniver Close, Off Mile End Road

Big price drop properties in Norwich, East of England
Big Price Drop
5 bedroom semi-detached house for sale
High yield opportunity

£245,000 - Offers in Excess of

5 bedroom semi-detached house for sale

Malbrook Road, Norwich

HMO properties in Norwich, East of England
HMO
4 bedroom terraced house for sale
1,569 sq ft

£550,000 - Guide Price

4 bedroom terraced house for sale

Cambridge Street, Norwich, Norfolk,...

Properties with planning granted in Norwich, East of England
Planning Granted
3 bedroom semi-detached house for sale
46% below median price

£350,000

3 bedroom semi-detached house for sale

Richmond Road, Norwich, Norfolk, NR...

Low price-per-sq-ft properties in Norwich, East of England
Low Price per Sq Ft
4 bedroom chalet for sale
50% below median price

£300,000 - Guide Price

4 bedroom chalet for sale

9A Harford Manor Close, Norwich, No...

Auction properties in Norwich, East of England
Auction

Achieved vs asking prices

Key takeaway: Seller's market

Buyers should not expect big bargains — discounts are marginal.

Headline stats

• Median discount: £0

• 1 in 4 properties sell at > £5,000 below asking

• 1 in 10 properties sell at > £14,550 below asking

In percentage terms:

• Median discount of 0.0%

• 25% of properties discounted by > 2.4%

• 10% of properties discounted by > 4.4%

Best places to invest in Norwich

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1NR17.4%2.3%£290 / sq ft
2NR36.2%3.0%£276 / sq ft
3NR25.8%0.8%£317 / sq ft
4NR55.8%3.8%£282 / sq ft
5NR75.2%3.5%£310 / sq ft
6NR65.1%3.9%£302 / sq ft
7NR45.1%2.5%£333 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.