Housing Market Analysis for PROSPECT TERRACE, NR1 1HR

Are you looking to understand NR1 1HR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Norwich postcode.

For the location information and nearby amenities in the NR1 1HR area, explore the NR1 1HR Area information page.
For comprehensive crime statistics in the NR1 1HR area, explore the NR1 1HR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR1 1HR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £78,333 median price is £78,750 Standard Deviation is £45,181 with Total Sold: 6
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 PROSPECT TERRACE: £125,000 (Sold on 01 Apr 2022)
    • The first recorded sale happened at this postcode is 3 PROSPECT TERRACE: £26,000 (Sold on 12 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NR1 1HR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£125,000 £1,807 1
2013£120,000 £1,735 1
2006£125,0001
1999£37,5001
1998£36,5001
1997£26,0001

All the Sales in the PROSPECT TERRACE, NR1 1HR

See the table below for more details on the sold house prices in the NR1 1HR, Norwich postcode.

AddressSold DatePrice% Change
4 PROSPECT TERRACETerraced, FreeholdArea: 69.18 Sq.mtrAge: 1900-192901 Apr 2022£125,0004.17%
21 Jun 2013£120,000First Sale
2 PROSPECT TERRACETerraced, Freehold14 Sep 2006£125,000242.47%
16 Feb 1998£36,500First Sale
3 PROSPECT TERRACETerraced, Freehold18 Jun 1999£37,50044.23%
12 Sep 1997£26,000First Sale

Check out the sold house prices near the NR1 1HR postcode. Properties currently for saleProperties currently for rent

PROSPECT TERRACE, NR1 1HR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR1 1HR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR1 1HR postcode.

  • Flat
    • The average price is around £123,944 median price is £123,000 Standard Deviation is £66,256 with Total Sold: 1,880
    • The Last 5 Year average price is £174,216 with Total Sold: 367
    • The most recent sale happened at this postcode is 38, GAVIN BANK GEOFFREY WATLING WAY: £208,500 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 74 SCOTT ROAD: £45,000 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £146,344 median price is £140,000 Standard Deviation is £86,298 with Total Sold: 897
    • The Last 5 Year average price is £237,084 with Total Sold: 145
    • The most recent sale happened at this postcode is , 48 SALISBURY ROAD: £255,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 55 CARROW ROAD: £27,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £150,797 median price is £122,000 Standard Deviation is £126,861 with Total Sold: 295
    • The Last 5 Year average price is £308,709 with Total Sold: 35
    • The most recent sale happened at this postcode is , 7 HEATHSIDE ROAD: £500,000 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 ROSEVILLE CLOSE: £34,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £283,482 median price is £246,750 Standard Deviation is £184,076 with Total Sold: 222
    • The Last 5 Year average price is £502,159 with Total Sold: 46
    • The most recent sale happened at this postcode is , 118A THORPE ROAD: £1,300,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 RANSON ROAD: £108,000 (Sold on 23 Feb 1995)
  • Other
    • The average price is around £710,149 median price is £372,500 Standard Deviation is £1,005,283 with Total Sold: 37
    • The Last 5 Year average price is £734,497 with Total Sold: 20
    • The most recent sale happened at this postcode is 105, RICHARD HAWTHORN HOUSE GEOFFREY WATLING WAY: £220,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 86A ROSARY ROAD: £4,755,000 (Sold on 12 Feb 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,857 £2,928 21
2023£168,016 £3,247 61
2022£182,368 £3,390 59
2021£182,648 £3,168 109
2020£172,168 £3,074 65
2019£150,404 £3,038 52
2018£164,477 £3,116 66
2017£158,206 £2,890 51
2016£158,826 £2,913 82
2015£163,118 £2,805 101
2014£146,322 £2,530 93
2013£122,245 £2,282 80
2012£140,629 £2,341 50
2011£110,833 £2,154 31
2010£129,986 £1,893 34
2009£116,329 £1,985 50
2008£148,511 £2,518 59
2007£148,527 £2,688 66
2006£158,912 £2,693 90
2005£130,057 £2,481 66
2004£114,106 £2,300 54
2003£102,613 £2,146 55
2002£80,279 £1,878 51
2001£59,672 £1,356 60
2000£53,474 £1,166 65
1999£42,729 £1,113 88
1998£39,098 £876 68
1997£38,104 £790 73
1996£37,177 £777 40
1995£36,731 £787 40
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,250 £3,095 10
2023£249,696 £2,926 24
2022£244,447 £3,247 29
2021£214,268 £2,909 28
2020£217,438 £2,549 24
2019£250,500 £2,535 30
2018£234,444 £2,540 36
2017£224,592 £2,421 31
2016£206,533 £2,368 23
2015£201,095 £2,150 29
2014£203,958 £2,088 36
2013£156,457 £1,842 27
2012£162,916 £1,909 32
2011£151,190 £1,837 21
2010£151,698 £1,875 25
2009£143,158 £1,737 25
2008£165,714 £1,782 14
2007£173,821 £1,946 26
2006£147,699 £1,868 40
2005£137,426 £1,752 39
2004£141,117 £1,591 26
2003£121,174 £1,457 32
2002£100,007 £1,246 36
2001£82,877 £970 41
2000£68,129 £925 40
1999£67,975 £715 39
1998£47,500 £545 41
1997£37,263 £480 38
1996£39,705 £516 31
1995£40,003 £458 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,500 £2,900 2
2023£249,938 £2,861 8
2022£423,286 £3,473 7
2021£339,350 £3,208 10
2020£247,875 £2,669 4
2019£203,075 £2,580 4
2018£240,667 £2,535 3
2017£316,875 £2,766 4
2016£291,111 £2,597 9
2015£210,000 £2,113 1
2014£210,125 £2,116 4
2013£231,494 £2,157 8
2012£257,833 £1,956 6
2011£199,792 £1,870 6
2010£203,160 £1,889 10
2009£157,700 £1,611 10
2008£260,0002
2007£169,139 £1,753 14
2006£144,613 £1,842 19
2005£190,268 £2,388 11
2004£196,744 £1,920 8
2003£114,083 £1,680 12
2002£97,283 £1,259 12
2001£87,488 £1,043 21
2000£66,042 £1,002 26
1999£58,349 £714 22
1998£72,523 £577 19
1997£58,499 £692 10
1996£58,225 £536 16
1995£34,646 £451 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£539,0005
2023£453,500 £3,398 4
2022£563,500 £3,909 8
2021£549,062 £3,964 8
2020£473,710 £3,271 10
2019£450,247 £3,574 11
2018£387,188 £2,907 8
2017£401,900 £3,768 5
2016£306,317 £2,719 3
2015£359,667 £3,131 3
2014£372,183 £2,626 7
2013£333,167 £2,486 6
2012£272,333 £2,978 3
2011£290,375 £2,032 4
2010£205,769 £1,903 8
2009£247,330 £1,810 5
2008£271,556 £1,923 9
2007£265,714 £1,933 7
2006£288,688 £3,003 13
2005£283,395 £1,711 10
2004£255,389 £3,803 9
2003£197,500 £1,322 6
2002£191,172 £1,408 9
2001£175,333 £1,212 6
2000£175,000 £1,244 5
1999£122,671 £1,056 28
1998£83,250 £936 2
1997£80,842 £882 6
1996£76,931 £773 8
1995£89,917 £597 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,0001
2023£196,800 £2,885 2
2022£684,373 £8,020 8
2021£946,2502
2020£776,2524
2019£1,201,281 £6,876 3
2018£49,931 £797 2
2017£426,791 £10,653 11
2016£268,000 £2,776 2
2015£3,127,5002

House Type in NR1 1HR area

The most common house types in the NR1 1HR postcode area are Terraced (65), Shared house (51), and Flat (28).

Total157
Terraced65
Shared house51
Flat28
Semi-detached6
converted building3
Detached2
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (113), and Owned: Owns with a mortgage or loan (22).

Private rented: Private landlord or letting agency113
Owned: Owns with a mortgage or loan22
Owned: Owns outright17
Private rented: Other private rented4
Lives rent free2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0

Number of People in a Household

The most houses in the NR1 1HR have 1 person in household (100), and 2 people in household (36).

1 person in household100
2 people in household36
4 people in household9
3 people in household5
5 people in household3
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0