Housing Market Analysis for PRINCE OF WALES ROAD, NR1 1LB

Are you looking to understand NR1 1LB 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 1LB area, explore the NR1 1LB Area information page.
For comprehensive crime statistics in the NR1 1LB area, explore the NR1 1LB Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £2,627,299 median price is £460,000 Standard Deviation is £4,997,210 with Total Sold: 9
    • The Last 5 Year average price is £309,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 PRINCE OF WALES ROAD: £1,500,000 (Sold on 25 Feb 2015)
    • The first recorded sale happened at this postcode is PRINCE OF WALES PUBLIC HOUSE PRINCE OF WALES ROAD: £1,350,000 (Sold on 15 Dec 2015)
  • Detached
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 - 22A PRINCE OF WALES ROAD: £400,000 (Sold on 17 Nov 2006)
    • The first recorded sale happened at this postcode is 22 - 22A PRINCE OF WALES ROAD: £400,000 (Sold on 17 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average NR1 1LB 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£1,425,0002
2022£338,0002
2019£252,0001
2018£2,495,0001
2017£5,790,8973
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£400,0001

All the Sales in the PRINCE OF WALES ROAD, NR1 1LB

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

AddressSold DatePrice% Change
2 PRINCE OF WALES ROADOther, Freehold25 Feb 2015£1,500,000-39.88%
21 Sep 2018£2,495,000First Sale
22 - 22A PRINCE OF WALES ROADOther, Freehold25 Aug 2022£356,000-11.00%
17 Nov 2006£400,000First Sale
16 PRINCE OF WALES ROADOther, Freehold28 Feb 2022£320,0006.67%
21 Dec 2017£300,000First Sale
PRINCE OF WALES PUBLIC HOUSE PRINCE OF WALES ROADOther, Freehold15 Aug 2019£252,000-98.48%
18 Sep 2017£16,612,6911130.57%
15 Dec 2015£1,350,000First Sale
GREYFRIARS HOUSE, 18 - 20 PRINCE OF WALES ROADOther, Freehold21 Feb 2017£460,000First Sale

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

PRINCE OF WALES ROAD, NR1 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR1 1LB 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 1LB postcode.

  • Flat
    • The average price is around £150,394 median price is £141,000 Standard Deviation is £117,994 with Total Sold: 2,242
    • The Last 5 Year average price is £180,799 with Total Sold: 453
    • The most recent sale happened at this postcode is 57, WARMINGER COURT BER STREET: £130,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is 4, THREE TUNS COURT KING STREET: £62,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £250,866 median price is £249,900 Standard Deviation is £129,079 with Total Sold: 723
    • The Last 5 Year average price is £365,491 with Total Sold: 123
    • The most recent sale happened at this postcode is , 3 BALTIC WHARF: £473,750 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , WEBSDALE COURT BEDFORD STREET: £55,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £323,479 median price is £250,750 Standard Deviation is £410,841 with Total Sold: 138
    • The Last 5 Year average price is £368,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 41 ST GEORGES STREET: £345,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 39 CROWN ROAD: £90,000 (Sold on 20 Mar 1995)
  • Other
    • The average price is around £1,397,044 median price is £475,000 Standard Deviation is £3,315,119 with Total Sold: 261
    • The Last 5 Year average price is £1,067,971 with Total Sold: 120
    • The most recent sale happened at this postcode is OFFICE B, 06-Aug ST ANDREWS STREET: £200,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is UNIT LU04, CASTLE MALL SHOPPING CENTRE CASTLE MALL: £7,500 (Sold on 27 Feb 2008)
  • Semi-Detached
    • The average price is around £215,704 median price is £193,250 Standard Deviation is £163,788 with Total Sold: 204
    • The Last 5 Year average price is £443,311 with Total Sold: 19
    • The most recent sale happened at this postcode is , 23 CALVERT STREET: £260,000 (Sold on 11 Jul 2023)
    • The first recorded sale happened at this postcode is , 53 BER STREET: £47,500 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,115 £2,690 26
2023£170,426 £3,032 76
2022£185,329 £2,952 82
2021£189,947 £3,099 69
2020£186,435 £3,105 87
2019£182,312 £3,064 113
2018£177,624 £2,949 128
2017£186,098 £2,848 136
2016£175,504 £2,911 163
2015£157,959 £2,611 102
2014£191,060 £2,569 76
2013£129,318 £2,161 76
2012£130,763 £2,235 34
2011£121,737 £2,111 42
2010£136,443 £2,266 39
2009£137,010 £2,026 35
2008£149,473 £2,664 50
2007£169,404 £2,963 210
2006£170,909 £2,739 123
2005£155,282 £2,515 95
2004£150,476 £2,395 79
2003£128,230 £2,029 41
2002£106,436 £1,813 51
2001£66,693 £1,332 37
2000£71,041 £1,232 61
1999£58,110 £1,150 55
1998£51,889 £1,034 66
1997£44,163 £770 39
1996£39,676 £718 34
1995£35,545 £780 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£408,958 £3,543 6
2023£377,875 £3,664 12
2022£389,327 £3,693 26
2021£348,585 £3,509 24
2020£346,543 £3,351 22
2019£359,232 £3,268 33
2018£374,947 £3,351 19
2017£312,917 £3,106 22
2016£312,081 £2,794 31
2015£297,461 £2,828 38
2014£268,944 £2,460 30
2013£260,395 £2,239 19
2012£262,356 £2,334 17
2011£216,220 £2,232 24
2010£228,789 £2,322 19
2009£229,041 £2,020 35
2008£258,350 £2,334 23
2007£299,798 £2,343 45
2006£269,133 £2,203 39
2005£223,138 £2,542 30
2004£223,482 £2,201 31
2003£212,219 £2,193 32
2002£159,810 £1,570 31
2001£151,562 £1,892 24
2000£129,219 £1,372 16
1999£93,500 £947 17
1998£71,704 £777 12
1997£64,182 £728 19
1996£67,655 £732 19
1995£56,194 £453 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,0002
2023£498,0001
2022£400,000 £2,548 1
2021£361,200 £3,039 5
2018£464,375 £3,548 4
2017£300,000 £2,961 2
2016£391,667 £2,516 3
2014£350,000 £6,250 1
2013£250,0001
2012£278,333 £2,377 3
2011£208,162 £2,701 4
2010£315,000 £2,628 2
2009£339,642 £2,627 7
2008£291,667 £1,845 6
2007£753,045 £2,864 11
2006£315,750 £2,039 8
2005£320,383 £2,779 9
2004£224,765 £2,192 13
2003£272,000 £2,293 5
2002£482,531 £2,116 8
2001£337,166 £1,377 16
2000£93,500 £943 5
1999£286,983 £772 3
1998£55,167 £691 3
1997£158,750 £756 4
1996£147,312 £769 7
1995£69,625 £670 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0002
2023£513,324 £3,296 17
2022£1,327,054 £23,913 28
2021£1,588,215 £10,386 32
2020£788,067 £2,823 21
2019£717,51020
2018£1,035,479 £2,814 32
2017£1,364,723 £2,251 37
2016£2,919,034 £4,044 28
2015£946,481 £16,252 19
2014£2,204,76518
2013£2,685,000 £17,143 5
2008£7,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£178,700 £3,539 2
2022£781,250 £3,867 4
2021£361,250 £3,209 4
2020£380,250 £2,728 4
2019£394,900 £3,655 5
2018£254,100 £3,221 5
2017£312,500 £2,923 8
2016£402,000 £2,542 1
2015£271,750 £2,608 4
2014£260,000 £2,475 2
2012£311,833 £2,717 6
2011£168,917 £1,891 6
2010£235,500 £1,370 4
2009£269,999 £2,082 10
2008£277,000 £2,200 5
2007£272,542 £2,189 18
2006£214,800 £2,421 18
2005£237,107 £2,286 14
2004£253,583 £2,291 6
2003£163,556 £1,816 8
2002£213,166 £1,972 9
2001£120,833 £1,374 6
2000£94,427 £1,168 15
1999£77,253 £938 19
1998£66,318 £907 11
1997£90,119 £1,001 4
1996£61,665 £776 3
1995£55,1673

House Type in NR1 1LB area

The most common house types in the NR1 1LB postcode area are Flat (156), converted building (37), and Terraced (9).

Total231
Flat156
converted building37
Terraced9
commercial building9
temporary structure8
Shared house6
Semi-detached5
Detached1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (136), and Owned: Owns with a mortgage or loan (37).

Private rented: Private landlord or letting agency136
Owned: Owns with a mortgage or loan37
Owned: Owns outright34
Private rented: Other private rented15
Social rented: Rents from council or Local Authority6
Social rented: Other social rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR1 1LB have 1 person in household (163), and 2 people in household (54).

1 person in household163
2 people in household54
4 people in household8
3 people in household7
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0