Property Prices in Norwich, United Kingdom

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Index
Price to Income Ratio:	5.36
Mortgage as Percentage of Income:	45.73%
Loan Affordability Index:	2.19
Price to Rent Ratio - City Centre:	19.01
Price to Rent Ratio - Outside of Centre:	14.13
Gross Rental Yield (City Centre):	5.26%
Gross Rental Yield (Outside of Centre):	7.08%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	916.67 £	800.00-1,100.00
Apartment (1 bedroom) Outside of Centre	758.33 £	725.00-800.00
Apartment (3 bedrooms) in City Centre	1,600.00 £	1,600.00-1,600.00
Apartment (3 bedrooms) Outside of Centre	1,200.00 £	1,000.00-1,300.00
Buy Apartment Price	Edit
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	205.36 £	133.00-241.55
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,779.00 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.90	5.90-5.90

These data are based on 31 entries in the past 18 months from 9 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Ipswich	45.74 miles
Property Prices in Colchester	61.31 miles
Property Prices in Cambridge	61.96 miles
Property Prices in Bishops Stortford	82.19 miles
Property Prices in Peterborough	82.96 miles
Property Prices in Harlow	91.05 miles
Property Prices in Bedford	91.33 miles
Property Prices in Welwyn Garden City	96.27 miles
Property Prices in Basildon	98.09 miles
Property Prices in Luton	98.21 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	47,600.00
GDP Growth Rate:	4.35%
Population Growth Rate:	0.49%