HomesIndex

Local market reports › NR

NR local market report Norwich

Every figure on this page comes from the public record: 457,063 sales registered with HM Land Registry in the NR postcode area (Norwich) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

NR is the postcode area centred on Norwich, taking in 35 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where NR sits

Click the map to open NR on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

IPCOCBPESGLNMKNGNNLENR
£260,000median sold price, 2026
+4%five-year change (cash)
10,448sales in the last 12 months
4.0%gross rental yield (est.)

What a home in NR sells for

The 2026 median in NR is £260,000, from 2,977 registered sales; the mean, £297,500, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so NR trades 5% below the country as a whole.

The price of a typical NR home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £47,500 at the time · £100,846 in today's money · 11,275 sales1996: £47,500 at the time · £97,836 in today's money · 13,916 sales1997: £51,000 at the time · £102,148 in today's money · 15,844 sales1998: £54,300 at the time · £107,049 in today's money · 15,211 sales1999: £58,800 at the time · £114,449 in today's money · 17,511 sales2000: £68,000 at the time · £130,333 in today's money · 16,003 sales2001: £79,000 at the time · £148,327 in today's money · 18,500 sales2002: £99,000 at the time · £181,917 in today's money · 17,762 sales2003: £123,000 at the time · £221,304 in today's money · 16,481 sales2004: £139,000 at the time · £246,555 in today's money · 16,381 sales2005: £143,500 at the time · £249,408 in today's money · 14,340 sales2006: £153,000 at the time · £259,386 in today's money · 18,373 sales2007: £167,000 at the time · £276,663 in today's money · 17,662 sales2008: £160,500 at the time · £256,949 in today's money · 9,146 sales2009: £152,000 at the time · £238,635 in today's money · 10,501 sales2010: £161,000 at the time · £246,593 in today's money · 10,260 sales2011: £155,000 at the time · £228,526 in today's money · 10,613 sales2012: £160,000 at the time · £230,000 in today's money · 10,200 sales2013: £165,000 at the time · £231,874 in today's money · 12,742 sales2014: £175,000 at the time · £242,470 in today's money · 14,856 sales2015: £185,000 at the time · £255,300 in today's money · 14,755 sales2016: £196,500 at the time · £268,485 in today's money · 15,781 sales2017: £215,000 at the time · £286,390 in today's money · 16,027 sales2018: £220,000 at the time · £286,415 in today's money · 15,654 sales2019: £222,500 at the time · £284,833 in today's money · 15,418 sales2020: £234,000 at the time · £296,529 in today's money · 13,651 sales2021: £250,000 at the time · £309,140 in today's money · 19,564 sales2022: £273,000 at the time · £312,647 in today's money · 16,062 sales2023: £270,000 at the time · £289,736 in today's money · 12,553 sales2024: £265,000 at the time · £275,169 in today's money · 13,607 sales2025: £265,000 at the time · £265,000 in today's money · 13,437 sales2026: £260,000 at the time · £260,000 in today's money · 2,977 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£260,000£260,0002,977
2025£265,000£265,00013,437
2024£265,000£275,16913,607
2023£270,000£289,73612,553
2022£273,000£312,64716,062
2021£250,000£309,14019,564
2020£234,000£296,52913,651
2019£222,500£284,83315,418
2018£220,000£286,41515,654
2017£215,000£286,39016,027
2016£196,500£268,48515,781
2015£185,000£255,30014,755
2014£175,000£242,47014,856
2013£165,000£231,87412,742
2012£160,000£230,00010,200
2011£155,000£228,52610,613
2010£161,000£246,59310,260
2009£152,000£238,63510,501
2008£160,500£256,9499,146
2007£167,000£276,66317,662
2006£153,000£259,38618,373
2005£143,500£249,40814,340
2004£139,000£246,55516,381
2003£123,000£221,30416,481
2002£99,000£181,91717,762
2001£79,000£148,32718,500
2000£68,000£130,33316,003
1999£58,800£114,44917,511
1998£54,300£107,04915,211
1997£51,000£102,14815,844
1996£47,500£97,83613,916
1995£47,500£100,84611,275

In cash terms the typical NR home went from £47,500 in 1995 to £260,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 158%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 17% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the NR median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +0.0% on the year before1997 · +7.4% on the year before1998 · +6.5% on the year before1999 · +8.3% on the year before2000 · +15.6% on the year before2001 · +16.2% on the year before2002 · +25.3% on the year before2003 · +24.2% on the year before2004 · +13.0% on the year before2005 · +3.2% on the year before2006 · +6.6% on the year before2007 · +9.2% on the year before2008 · −3.9% on the year before2009 · −5.3% on the year before2010 · +5.9% on the year before2011 · −3.7% on the year before2012 · +3.2% on the year before2013 · +3.1% on the year before2014 · +6.1% on the year before2015 · +5.7% on the year before2016 · +6.2% on the year before2017 · +9.4% on the year before2018 · +2.3% on the year before2019 · +1.1% on the year before2020 · +5.2% on the year before2021 · +6.8% on the year before2022 · +9.2% on the year before2023 · −1.1% on the year before2024 · −1.9% on the year before2025 · +0.0% on the year before2026 · −1.9% on the year before200020052010201520202026

The strongest year on record here is 2002 (+25.3% on the year before); the weakest, 2009 (−5.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−1.9%−1.9%
5 years (since 2021)+0.8%−3.4%
10 years (since 2016)+2.8%−0.3%
20 years (since 2006)+2.7%0.0%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

10k20k 1995: 11,275 sales1996: 13,916 sales1997: 15,844 sales1998: 15,211 sales1999: 17,511 sales2000: 16,003 sales2001: 18,500 sales2002: 17,762 sales2003: 16,481 sales2004: 16,381 sales2005: 14,340 sales2006: 18,373 sales2007: 17,662 sales2008: 9,146 sales2009: 10,501 sales2010: 10,260 sales2011: 10,613 sales2012: 10,200 sales2013: 12,742 sales2014: 14,856 sales2015: 14,755 sales2016: 15,781 sales2017: 16,027 sales2018: 15,654 sales2019: 15,418 sales2020: 13,651 sales2021: 19,564 sales2022: 16,062 sales2023: 12,553 sales2024: 13,607 sales2025: 13,437 sales2026: 2,977 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 2,712 sales registeredJuly 2021 · 1,033 sales registeredAugust 2021 · 1,298 sales registeredSeptember 2021 · 2,292 sales registeredOctober 2021 · 1,025 sales registeredNovember 2021 · 1,338 sales registeredDecember 2021 · 1,367 sales registeredJanuary 2022 · 1,007 sales registeredFebruary 2022 · 1,190 sales registeredMarch 2022 · 1,440 sales registeredApril 2022 · 1,339 sales registeredMay 2022 · 1,209 sales registeredJune 2022 · 1,303 sales registeredJuly 2022 · 1,361 sales registeredAugust 2022 · 1,489 sales registeredSeptember 2022 · 1,490 sales registeredOctober 2022 · 1,366 sales registeredNovember 2022 · 1,456 sales registeredDecember 2022 · 1,412 sales registeredJanuary 2023 · 976 sales registeredFebruary 2023 · 835 sales registeredMarch 2023 · 1,182 sales registeredApril 2023 · 867 sales registeredMay 2023 · 891 sales registeredJune 2023 · 1,186 sales registeredJuly 2023 · 1,024 sales registeredAugust 2023 · 1,110 sales registeredSeptember 2023 · 1,116 sales registeredOctober 2023 · 1,115 sales registeredNovember 2023 · 1,179 sales registeredDecember 2023 · 1,072 sales registeredJanuary 2024 · 807 sales registeredFebruary 2024 · 903 sales registeredMarch 2024 · 1,079 sales registeredApril 2024 · 953 sales registeredMay 2024 · 1,123 sales registeredJune 2024 · 1,083 sales registeredJuly 2024 · 1,138 sales registeredAugust 2024 · 1,345 sales registeredSeptember 2024 · 1,217 sales registeredOctober 2024 · 1,408 sales registeredNovember 2024 · 1,287 sales registeredDecember 2024 · 1,264 sales registeredJanuary 2025 · 983 sales registeredFebruary 2025 · 1,128 sales registeredMarch 2025 · 2,161 sales registeredApril 2025 · 648 sales registeredMay 2025 · 1,046 sales registeredJune 2025 · 1,078 sales registeredJuly 2025 · 1,121 sales registeredAugust 2025 · 1,161 sales registeredSeptember 2025 · 1,049 sales registeredOctober 2025 · 1,208 sales registeredNovember 2025 · 968 sales registeredDecember 2025 · 886 sales registeredJanuary 2026 · 675 sales registeredFebruary 2026 · 690 sales registeredMarch 2026 · 789 sales registeredApril 2026 · 573 sales registeredMay 2026 · 250 sales registered

NR recorded 10,448 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 16,938 sales a year before the financial crisis and 11,727 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around NR

NR falls under North Norfolk, the local authority covering most of the NR area (parts fall under Norwich and Broadland, where rents differ), where the ONS puts the average private rent at £860 a month (May 2026 figures). A one-bed averages £619 a month here and a four-or-more-bed £1,349, so size does most of the work in setting the rent.

Average monthly rent by size, North Norfolk

ONS Price Index of Private Rents, May 2026.

1 bed: £619 a month£6191 bed2 bed: £804 a month£8042 bed3 bed: £995 a month£9953 bed4+ bed: £1,349 a month£1,3494+ bed

Set against the £260,000 median sold price, £860 a month is £10,320 a year, a gross yield of 4.0%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will NR prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 4% over five years in cash but down 16% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the NR area is the point: the same five years treated these districts very differently.

Five-year change in the median, NR area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

NR19NR19 · +13% over five years · median £250,000+13%NR33NR33 · +10% over five years · median £226,000+10%NR7NR7 · +10% over five years · median £280,000+10%NR20NR20 · +10% over five years · median £345,000+10%NR29NR29 · +9% over five years · median £255,000+9%NR17NR17 · −5% over five years · median £262,000−5%NR26NR26 · −5% over five years · median £295,000−5%NR14NR14 · −8% over five years · median £302,500−8%NR23NR23 · −11% over five years · median £375,000−11%NR25NR25 · −17% over five years · median £335,000−17%

District by district

The area medians above hide a lot. Here is every NR district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
NR23 Wells-next-the-Sea, Quarles£375,000-11%13
NR20 Bawdeswell, Bylaugh£345,000+10%72
NR22 Walsingham, Houghton St Giles£342,500+4%12
NR25 Holt, Kelling£335,000-17%51
NR4 Tuckswood, Cringleford£329,000+2%84
NR16 Banham, Larling£327,500-4%36
NR11 Alby with Thwaite, Aldborough£316,500+4%78
NR13 Brundall, Reedham£316,200-1%106
NR24 Melton Constable, Stody£311,000-3%30
NR9 Bawburgh, Easton£310,000+9%80
NR14 Loddon, Poringland£302,500-8%90
NR12 Bacton, Brumstead£300,000+4%75
NR15 Long Stratton, Hempnall£300,000-2%45
NR26 non-geographic£295,000-5%45
NR18 non-geographic£290,000+4%79
NR21 Fakenham, Barsham£285,200+5%70
NR10 Pettywell, Reepham£285,000+4%84
NR27 Cromer, East Runton£285,000-2%61
NR34 Beccles, Worlingham£285,000+3%86
NR7 Thorpe St. Andrew, Heartsease£280,000+10%152
NR8 Taverham, Ringland£275,000+6%99
NR6 Hellesdon£267,000+8%109
NR2 Parts of Eaton, parts of Earlham£265,000+8%117
NR17 Attleborough, Little & Great Ellingham£262,000-5%82
NR5 Costessey, Earlham£257,000+7%75
NR29 Catfield, Hemsby£255,000+9%90
NR35 Bungay, Topcroft£255,000+4%49
NR19 non-geographic£250,000+13%91
NR28 North Walsham, Antingham£240,500+1%82
NR33 South Lowestoft£226,000+10%153
NR3 N part of Norwich, Mile Cross£206,800+5%112
NR32 North Lowestoft£206,500+6%147
NR31 Gorleston-on-Sea, Bradwell£205,000+5%177
NR1 Thorpe Hamlet, Lakenham£200,000-4%127
NR30 Great Yarmouth, Caister-on-Sea£167,800+7%128

Dig further

See every individual NR sale on the live map, mapped to the exact address, or the quick-reference NR price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.