Norwich Economic Barometer – July 2026
The latest ONS data show that Norwich’s private rental market has cooled significantly after a period of rapid growth. Annual rent inflation peaked at 10.5% in June 2025 but fell sharply through late 2025 and early 2026, reaching -1.5% in April 2026 before recovering to 1.2% in June 2026. Norwich’s annual rental inflation is now well below both the East of England (3.3%) and England (3.4%), indicating that rental pressures are easing more quickly in the city than across the wider region and nationally. The latest average monthly private rents are £1,149 in Norwich, compared with £1,281 across the East of England and £1,446 across England, meaning Norwich remains relatively affordable despite the substantial rent increases seen over the previous two years.