Housing Market Analysis for NR1 3LB

Are you looking to understand NR1 3LB 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 3LB area, explore the NR1 3LB Area information page.
For comprehensive crime statistics in the NR1 3LB area, explore the NR1 3LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR1 3LB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NR1 3LB 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.

    All the Sales in the NR1 3LB

    See the table below for more details on the sold house prices in the NR1 3LB, Norwich postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NR1 3LB postcode. Properties currently for saleProperties currently for rent

    NR1 3LB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NR1 3LB 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 3LB postcode.

    • Flat
      • The average price is around £170,557 median price is £155,000 Standard Deviation is £116,563 with Total Sold: 2,233
      • The Last 5 Year average price is £188,658 with Total Sold: 577
      • The most recent sale happened at this postcode is , 156F KING STREET: £156,000 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 13 MARINERS LANE: £10,500 (Sold on 09 Jan 1995)
    • Terraced
      • The average price is around £237,671 median price is £225,000 Standard Deviation is £142,259 with Total Sold: 503
      • The Last 5 Year average price is £351,396 with Total Sold: 98
      • 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)
    • Other
      • The average price is around £1,342,556 median price is £485,500 Standard Deviation is £3,202,984 with Total Sold: 276
      • The Last 5 Year average price is £1,021,573 with Total Sold: 128
      • The most recent sale happened at this postcode is , 28 ST STEPHENS STREET: £520,000 (Sold on 26 Jul 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)
    • Detached
      • The average price is around £357,930 median price is £263,750 Standard Deviation is £444,407 with Total Sold: 116
      • The Last 5 Year average price is £470,375 with Total Sold: 12
      • The most recent sale happened at this postcode is , 12 FARMERS AVENUE: £265,000 (Sold on 11 Mar 2024)
      • The first recorded sale happened at this postcode is , 39 CROWN ROAD: £90,000 (Sold on 20 Mar 1995)
    • Semi-Detached
      • The average price is around £204,378 median price is £179,998 Standard Deviation is £136,628 with Total Sold: 168
      • The Last 5 Year average price is £426,010 with Total Sold: 20
      • The most recent sale happened at this postcode is , 8A THE CRESCENT: £575,000 (Sold on 08 Nov 2023)
      • The first recorded sale happened at this postcode is , 8A THE CRESCENT: £81,000 (Sold on 10 Feb 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£169,440 £2,836 25
    2023£201,798 £3,221 79
    2022£212,431 £3,445 94
    2021£195,289 £3,202 85
    2020£199,302 £3,230 87
    2019£167,971 £3,242 207
    2018£185,529 £3,328 185
    2017£209,795 £2,922 149
    2016£188,484 £3,028 161
    2015£177,301 £2,663 67
    2014£203,991 £2,818 86
    2013£150,043 £2,346 63
    2012£156,344 £2,773 35
    2011£147,736 £2,251 40
    2010£139,552 £2,396 35
    2009£153,841 £2,059 38
    2008£162,476 £2,481 61
    2007£188,322 £2,977 243
    2006£166,242 £2,671 134
    2005£158,673 £2,491 80
    2004£145,212 £2,391 67
    2003£115,953 £2,040 17
    2002£109,893 £1,633 33
    2001£76,077 £1,313 31
    2000£90,347 £1,189 30
    1999£42,330 £914 28
    1998£36,552 £898 24
    1997£46,796 £777 15
    1996£36,103 £733 17
    1995£39,095 £711 17
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£456,458 £3,543 6
    2023£377,000 £3,765 11
    2022£333,472 £3,491 18
    2021£319,238 £3,467 21
    2020£373,677 £3,449 11
    2019£346,263 £3,260 31
    2018£326,357 £3,243 14
    2017£282,449 £2,845 16
    2016£329,582 £2,809 23
    2015£278,267 £3,118 15
    2014£249,978 £2,260 15
    2013£234,455 £2,381 11
    2012£337,304 £2,417 13
    2011£193,159 £1,783 11
    2010£219,414 £2,260 19
    2009£217,766 £1,888 15
    2008£256,417 £2,386 12
    2007£287,351 £2,363 27
    2006£257,476 £2,188 33
    2005£165,060 £2,477 24
    2004£214,019 £2,129 25
    2003£162,000 £2,007 17
    2002£168,529 £1,933 26
    2001£148,997 £1,686 16
    2000£125,278 £1,322 9
    1999£84,260 £905 16
    1998£75,142 £708 14
    1997£58,864 £701 11
    1996£80,375 £914 16
    1995£52,893 £236 7
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£365,0005
    2023£747,575 £3,703 20
    2022£1,382,155 £3,863 29
    2021£1,499,520 £18,559 26
    2020£820,079 £2,797 24
    2019£634,704 £10,566 24
    2018£1,059,973 £4,305 27
    2017£1,275,209 £4,012 45
    2016£2,696,772 £3,317 31
    2015£1,064,197 £11,557 21
    2014£1,960,45717
    2013£2,897,9245
    2008£7,5002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£271,500 £2,172 2
    2023£634,333 £3,912 3
    2022£392,500 £3,703 3
    2021£455,500 £2,884 2
    2020£555,0002
    2018£350,000 £2,536 1
    2017£295,0001
    2016£400,0001
    2014£350,000 £6,250 1
    2013£275,000 £1,364 2
    2012£250,000 £1,913 1
    2011£446,990 £2,930 2
    2010£330,0001
    2009£447,500 £2,913 3
    2008£272,500 £1,912 6
    2007£851,350 £2,670 10
    2006£309,409 £2,140 11
    2005£294,090 £2,523 5
    2004£217,542 £2,169 12
    2003£307,5002
    2002£408,695 £2,234 10
    2001£425,682 £767 11
    2000£159,333 £1,212 3
    1999£227,000 £798 6
    1998£147,500 £688 3
    1997£109,139 £645 4
    1996£251,000 £759 4
    1995£93,375 £789 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£345,000 £5,533 2
    2022£416,625 £3,961 8
    2021£456,400 £3,190 3
    2020£514,667 £3,363 3
    2019£396,000 £3,462 4
    2018£196,600 £3,671 5
    2017£287,500 £2,607 6
    2016£318,833 £3,527 6
    2015£244,000 £3,154 1
    2014£252,500 £2,297 4
    2013£239,000 £2,408 2
    2012£175,750 £2,118 4
    2011£191,000 £1,873 7
    2010£300,0001
    2009£230,999 £2,071 10
    2008£184,500 £2,073 2
    2007£231,000 £2,830 7
    2006£180,822 £2,052 9
    2005£234,833 £2,357 9
    2004£265,167 £2,291 6
    2003£155,075 £1,771 6
    2002£169,149 £1,816 12
    2001£182,0001
    2000£116,073 £1,168 13
    1999£97,299 £1,210 17
    1998£64,786 £1,115 7
    1997£52,900 £778 3
    1996£51,750 £1,006 4
    1995£61,667 £712 6

    House Type in NR1 3LB area

    The most common house types in the NR1 3LB postcode area are Flat (35), converted building (33), and Terraced (31).

    Total145
    Flat35
    converted building33
    Terraced31
    commercial building26
    Semi-detached12
    Shared house8
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (63), and Owned: Owns outright (55).

    Private rented: Private landlord or letting agency63
    Owned: Owns outright55
    Owned: Owns with a mortgage or loan14
    Private rented: Other private rented11
    Social rented: Rents from council or Local Authority2
    Social rented: Other social rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NR1 3LB have 1 person in household (67), and 2 people in household (58).

    1 person in household67
    2 people in household58
    3 people in household14
    4 people in household6
    6 people in household2
    0 people in household0
    5 people in household0
    7 people in household0
    8 or more people in household0