Thinking of moving to Norwich? Whether you’re starting a family, planning an investment or beginning higher education, here is what Norwich has to offer.
House Prices 🏠
- Most expensive property: £1.2m - 5 bedroom detached house
- Average house price in Norwich: £210,389
- Cheapest property: £55,000 (at auction).
Property Investment 🏠 🏠
- House prices in Norwich have increased by 6% in the last year
- Forecasts for the East of England region overall expect a growth of 22.3% - out performing both London and the South East
- The area is seeing a lot of new builds, with and additional 3,500 new homes being built if the planned Beeston Park development goes ahead.
- Norwich contributes more than £3 billion a year to the national economy
- Historically, Norwich's economy was manufacturing based, with a large shoemaking industry, but moved throughout the 1980s and 1990s to a service-based economy. It is home to financial services provider Aviva and other insurance and financial services companies
- Norwich’s largest employment sectors are business and financial services (31%), public services (26%), retail (12%), manufacturing (8%) and tourism (7%).
Location and Transport 🚌
- There are talks about the creation of an additional rail station to serve the Broadland Business Park where some of the major companies are based
- Norwich is just two hours by train from London
- It has its own airport - Norwich International Airport - offering domestic, international and private flights
- The Government has backed proposals for major improvements to the infrastructure across the Eastern area and Norwich, making it even more accessible.
- Norwich has two universities, the University of East Anglia and Norwich University of the Arts attracting around 15,000 students
- The city has 38 primary schools, 13 secondary schools, 10 independent and 5 special schools.
- Norwich offers history and heritage (visiting the Norwich Cathedral Quarter is a must) coupled with some of the best shopping in the UK
- Norwich is ideally located for visiting the picturesque market towns of South Norfolk, exploring the Broads National Park, and enjoying the stunning Norfolk coastline.
Finally, did you know …
- The first part of Britain settled by early man was on the Norfolk coastline. At that time, 1.2 m years ago, what is now Norfolk was connected by a land bridge to mainland Europe
- Compared to any other libraries in United Kingdom, the Norfolk and Norwich Millennium Library lends the most books. In a year, 1,139,090 books are borrowed
- Norwich has one of the lowest crime rates in the UK.