Imofolio

Norwich · report

Past price cycles in Norwich

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in October 2007.

Deepest fall
−25.7%
Recovery from the low
64 months

Prices in Norwich and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Norwich
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodNorwichUnited Kingdom
Aug 2026653.0534.7
Jul 2026647.5532.9
Jun 2026658.0530.1
May 2026667.4533.1
Apr 2026653.9530.6
Mar 2026638.8526.0
Feb 2026633.9527.6
Jan 2026643.7526.4
Dec 2025640.2524.8
Nov 2025640.3529.6
Oct 2025643.4528.4
Sep 2025662.5527.8
Aug 2025666.4529.8
Jul 2025658.8526.5
Jun 2025638.9522.4
May 2025644.3517.1
Apr 2025646.0509.5
Mar 2025653.6524.8
Feb 2025651.7518.5
Jan 2025659.0518.8
Dec 2024670.9517.0
Nov 2024672.9518.0
Oct 2024670.7519.4
Sep 2024665.2518.4
Aug 2024665.3519.1
Jul 2024663.4514.0
Jun 2024660.2508.3
May 2024655.2506.3
Apr 2024654.1502.2
Mar 2024660.0499.5
Feb 2024652.1498.6
Jan 2024664.9501.2
Dec 2023661.2501.6
Nov 2023679.0505.9
Oct 2023677.5509.4
Sep 2023676.1511.7
Aug 2023666.6514.2
Jul 2023654.9511.4
Jun 2023647.2505.8
May 2023657.6503.9
Apr 2023666.5502.2
Mar 2023683.2501.1
Feb 2023689.0506.8
Jan 2023694.3511.0
Dec 2022694.9515.4
Nov 2022692.7519.5
Oct 2022688.8520.3
Sep 2022686.5520.3
Aug 2022674.9519.2
Jul 2022678.3514.8
Jun 2022672.2505.4
May 2022665.4499.4
Apr 2022654.2493.8
Mar 2022640.0488.0
Feb 2022641.2486.2
Jan 2022626.4485.7
Dec 2021630.6480.1
Nov 2021634.2477.7
Oct 2021636.8468.5
Sep 2021621.4480.5
Aug 2021616.1466.8
Jul 2021605.2453.1
Jun 2021607.8475.4
May 2021592.5451.4
Apr 2021592.1448.4
Mar 2021588.1455.2
Feb 2021587.3448.6
Jan 2021583.4447.3
Dec 2020588.6447.3
Nov 2020581.4443.9
Oct 2020570.3439.4
Sep 2020564.1435.7
Aug 2020562.8431.1
Jul 2020571.0426.9
Jun 2020556.2423.4
May 2020557.5417.6
Apr 2020554.0415.5
Mar 2020567.3419.7
Feb 2020563.8416.0
Jan 2020554.8418.4
Dec 2019556.5418.1
Nov 2019556.1418.7
Oct 2019569.5420.2
Sep 2019560.1421.3
Aug 2019556.9421.0
Jul 2019549.9419.6
Jun 2019558.3415.0
May 2019564.0413.2
Apr 2019570.5412.6
Mar 2019566.8409.7
Feb 2019570.6410.8
Jan 2019570.3411.8
Dec 2018571.8414.4
Nov 2018567.1415.3
Oct 2018567.5417.1
Sep 2018562.6417.5
Aug 2018559.2418.3
Jul 2018554.1417.0
Jun 2018555.6411.9
May 2018552.7409.2
Apr 2018550.6407.5
Mar 2018545.6403.7
Feb 2018548.2406.1
Jan 2018547.3405.0
Dec 2017540.5406.5
Nov 2017541.9404.9
Oct 2017542.5406.0
Sep 2017552.8405.7
Aug 2017544.1407.2
Jul 2017544.3405.4
Jun 2017533.9400.2
May 2017539.7396.8
Apr 2017539.5394.4
Mar 2017540.8388.3
Feb 2017530.1389.1
Jan 2017527.6388.3
Dec 2016527.7388.7
Nov 2016530.4388.0
Oct 2016528.1386.2
Sep 2016528.2387.5
Aug 2016526.7388.1
Jul 2016520.0388.1
Jun 2016517.2384.0
May 2016514.3380.4
Apr 2016509.1376.0
Mar 2016500.9374.6
Feb 2016496.5370.8
Jan 2016492.2370.6
Dec 2015488.7369.6
Nov 2015486.3368.4
Oct 2015486.6365.6
Sep 2015484.0365.1
Aug 2015483.8364.3
Jul 2015482.7361.0
Jun 2015484.3355.0
May 2015470.6352.3
Apr 2015461.7348.5
Mar 2015456.1345.5
Feb 2015461.9344.2
Jan 2015465.4343.9
Dec 2014464.5345.7
Nov 2014459.5344.9
Oct 2014461.2346.1
Sep 2014464.8346.6
Aug 2014464.4346.2
Jul 2014455.7342.2
Jun 2014446.6337.5
May 2014438.5334.6
Apr 2014432.0331.1
Mar 2014426.2323.9
Feb 2014438.9322.7
Jan 2014434.9321.4
Dec 2013439.2321.0
Nov 2013421.9318.1
Oct 2013419.9316.4
Sep 2013413.8317.7
Aug 2013414.0317.4
Jul 2013416.3314.9
Jun 2013413.5311.4
May 2013409.7308.9
Apr 2013400.3307.3
Mar 2013392.0304.3
Feb 2013394.9302.5
Jan 2013397.0302.5
Dec 2012407.1304.6
Nov 2012403.7305.3
Oct 2012407.8305.0
Sep 2012404.8307.2
Aug 2012404.3308.3
Jul 2012400.3307.9
Jun 2012396.2306.7
May 2012393.4303.8
Apr 2012391.8302.8
Mar 2012386.8299.3
Feb 2012391.8298.5
Jan 2012389.2299.3
Dec 2011391.2301.3
Nov 2011381.5302.6
Oct 2011384.0302.5
Sep 2011382.9305.8
Aug 2011385.8306.6
Jul 2011384.5306.4
Jun 2011383.4302.6
May 2011378.6302.1
Apr 2011383.7303.4
Mar 2011383.1298.8
Feb 2011386.3300.2
Jan 2011383.4301.8
Dec 2010382.6304.3
Nov 2010388.5304.9
Oct 2010387.4308.5
Sep 2010391.5312.0
Aug 2010390.2312.8
Jul 2010388.6312.8
Jun 2010386.2309.7
May 2010384.7308.2
Apr 2010389.7306.7
Mar 2010391.6302.8
Feb 2010390.7302.8
Jan 2010384.4302.1
Dec 2009381.9303.2
Nov 2009379.5301.2
Oct 2009373.5300.2
Sep 2009367.4298.2
Aug 2009360.3295.9
Jul 2009359.7293.0
Jun 2009352.5287.8
May 2009347.6285.0
Apr 2009340.1281.1
Mar 2009344.1278.6
Feb 2009350.2280.3
Jan 2009354.1283.6
Dec 2008361.8290.3
Nov 2008366.0294.8
Oct 2008379.6303.4
Sep 2008391.1309.6
Aug 2008407.2317.6
Jul 2008418.6324.4
Jun 2008425.7328.0
May 2008429.9332.4
Apr 2008436.1330.4
Mar 2008431.6329.8
Feb 2008427.7332.2
Jan 2008429.0335.1
Dec 2007443.5341.3
Nov 2007456.3341.8
Oct 2007457.8342.0
Sep 2007456.4342.8
Aug 2007452.8342.3
Jul 2007452.6340.4
Jun 2007444.2336.1
May 2007436.5332.5
Apr 2007431.0328.7
Mar 2007430.1322.2
Feb 2007430.9319.8
Jan 2007428.5318.8
Dec 2006423.9319.0
Nov 2006415.4315.0
Oct 2006408.6313.4
Sep 2006405.4311.6
Aug 2006399.6310.3
Jul 2006394.1307.7
Jun 2006385.1303.4
May 2006379.6300.5
Apr 2006373.5297.7
Mar 2006370.0291.4
Feb 2006372.0289.0
Jan 2006368.3288.6
Dec 2005364.7289.0
Nov 2005363.5287.4
Oct 2005365.3286.6
Sep 2005369.7287.1
Aug 2005367.3287.6
Jul 2005365.8286.4
Jun 2005362.5282.8
May 2005358.4280.6
Apr 2005354.1277.6
Mar 2005350.3273.7
Feb 2005349.4271.5
Jan 2005353.3271.7
Dec 2004351.6271.9
Nov 2004352.0273.9
Oct 2004351.1274.3
Sep 2004356.4272.3
Aug 2004353.2272.8
Jul 2004345.6269.7
Jun 2004341.8264.1
May 2004336.4259.5
Apr 2004331.5256.4
Mar 2004320.3245.3
Feb 2004319.9244.7
Jan 2004319.6247.1
Dec 2003316.7245.6
Nov 2003310.0240.9
Oct 2003308.8243.6
Sep 2003310.0239.4
Aug 2003307.2240.2
Jul 2003301.2236.0
Jun 2003296.1231.9
May 2003298.5231.4
Apr 2003301.8233.0
Mar 2003297.9227.6
Feb 2003291.2222.8
Jan 2003282.9225.2
Dec 2002280.7226.8
Nov 2002277.5219.5
Oct 2002277.0217.3
Sep 2002272.1215.7
Aug 2002266.5210.6
Jul 2002258.8206.0
Jun 2002252.9204.4
May 2002242.2196.4
Apr 2002231.9191.4
Mar 2002219.6188.9
Feb 2002215.0182.5
Jan 2002214.2176.1
Dec 2001213.4176.7
Nov 2001206.4176.7
Oct 2001200.8176.7
Sep 2001200.8180.3
Aug 2001203.6180.3
Jul 2001199.6180.3
Jun 2001193.7174.1
May 2001189.7174.1
Apr 2001185.5174.1
Mar 2001183.4168.0
Feb 2001181.4168.0
Jan 2001182.4168.0
Dec 2000180.9168.9
Nov 2000179.7168.9
Oct 2000178.4168.9
Sep 2000181.3164.0
Aug 2000182.4164.0
Jul 2000179.6164.0
Jun 2000175.3161.0
May 2000170.4161.0
Apr 2000163.8161.0
Mar 2000160.2152.6
Feb 2000156.2152.6
Jan 2000155.7152.6
Dec 1999149.9148.8
Nov 1999146.7148.8
Oct 1999144.6148.8
Sep 1999143.5145.1
Aug 1999142.0145.1
Jul 1999137.9145.1
Jun 1999135.5137.1
May 1999131.7137.1
Apr 1999133.5137.1
Mar 1999133.4131.5
Feb 1999132.9131.5
Jan 1999130.5131.5
Dec 1998128.6130.7
Nov 1998129.4130.7
Oct 1998130.6130.7
Sep 1998131.2131.3
Aug 1998129.8131.3
Jul 1998127.3131.3
Jun 1998125.9125.8
May 1998124.2125.8
Apr 1998124.6125.8
Mar 1998124.5119.5
Feb 1998124.9119.5
Jan 1998122.1119.5
Dec 1997119.8116.5
Nov 1997121.3116.5
Oct 1997121.3116.5
Sep 1997122.8117.4
Aug 1997119.4117.4
Jul 1997118.6117.4
Jun 1997115.6111.7
May 1997114.2111.7
Apr 1997112.5111.7
Mar 1997112.6109.5
Feb 1997112.3109.5
Jan 1997110.8109.5
Dec 1996109.5108.0
Nov 1996108.2108.0
Oct 1996107.8108.0
Sep 1996109.0106.2
Aug 1996107.7106.2
Jul 1996109.2106.2
Jun 1996107.6102.2
May 1996110.2102.2
Apr 1996106.8102.2
Mar 1996107.5102.1
Feb 1996104.6102.1
Jan 1996107.9102.1
Dec 1995106.5100.6
Nov 1995111.0100.6
Oct 1995113.7100.6
Sep 1995114.6102.0
Aug 1995113.1102.0
Jul 1995109.7102.0
Jun 1995110.6101.1
May 1995109.5101.1
Apr 1995109.1101.1
Mar 1995105.4100.0
Feb 1995104.0100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
September 1995February 1996−8.8%516
October 2007April 2009−25.7%1864
December 2018July 2019−3.8%716
December 2022February 2026−8.8%38Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Norwich

Sale prices have an 80% chance of landing between £219,160 and £256,190 by August 2027.

Expected, August 2027
£237,675
Chance of a rise
76%

At the average sale price, a home costs £227,535. With 10% down and a 30-year mortgage, the payment is £1,050 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
36%

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,148
Owning per month
£1,071

88.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
10
Per 1,000 residents
0.1

Figures for United Kingdom: Norwich has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 1,403 while 70 homes were finished.

Homes finished, 2025
70
Population change, 2025
−1,403

4.5% of the 67,624 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.5%
Empty homes
3,035

In 2025, 21% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
21%