Property Prices in Norwich, United Kingdom

Index Info
Price to Income Ratio: 6.21
Mortgage as Percentage of Income: 52.96%
Loan Affordability Index: 1.89
Price to Rent Ratio - City Centre: 16.40
Price to Rent Ratio - Outside of Centre: 16.30
Gross Rental Yield (City Centre): 6.10%
Gross Rental Yield (Outside of Centre): 6.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,117.50 £ 850.00-1,500.00
Apartment (1 bedroom) Outside of Centre 818.75 £ 725.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,733.33 £ 1,600.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,366.67 £ 1,300.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 348.38 £ 325.16-371.61
Price per Square Feet to Buy Apartment Outside of Centre 261.67 £ 241.55-301.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,643.46 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.90 5.20-8.00

These data are based on 42 entries in the past 18 months from 12 different contributors.
Last update: November 2024

Sources and References
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