Value for money
Affordable homes
Living in a council property is considerably cheaper than renting privately, as shown below.
| Size of property | Council home: average weekly rent | Private sector home: average weekly rent |
|---|---|---|
| 1 bed | £88.04 | £177 |
| 2 bed | £94.74 | £221 |
| 3 bed | £104.39 | £258 |
| 4 bed | £113.29 | £363 |
Source: The Office for National Statistics as at June 2025.
Expenditure in 2024-25 financial year
The income for providing housing services comes from rent (houses/garages), service charges and rechargeable repairs.
The Housing Revenue Account records expenditure and income on running the council’s housing stock and closely related services or facilities, which are provided for the benefit of council tenants.
| Expenditure 2024-5 | Amount (£) |
|---|---|
| Housing management | £16.8m |
| Planned upgrades and improvements | £11.5m |
| Repairs and maintenance | £11.2m |
| Empty property works | £4.8m |
| Estate management | £3.5m |
| Sheltered housing | £1.6m |
| Amount spent on caretaker services | £0.8m |
The Housing Revenue Account shows a surplus of £1.8m in 2024-25 and a deficit of £2.5m in 2023-24.
Extract taken from page 114 of the 2023-24 statement of accounts.
Financing and Investment income and expenditure on the Housing Revenue Account was £4.2m which is a reduction from £4.6m in 2023-24.
Page 114 of the statement of accounts: www.norwich.gov.uk/DraftStatementOfAccounts
Norwich City Council senior management grades 2024-25
- Chief executive: £141,694 to £154,339
- Executive director: £103,686 to £111,508
- Director: £84,141 to £95,869
