Housing Market Analysis for LAUNCESTON TERRACE, NR2 2HJ

Are you looking to understand NR2 2HJ 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 NR2 2HJ area, explore the NR2 2HJ Area information page.
For comprehensive crime statistics in the NR2 2HJ area, explore the NR2 2HJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR2 2HJ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £142,062 median price is £143,750 Standard Deviation is £69,366 with Total Sold: 8
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 LAUNCESTON TERRACE: £250,000 (Sold on 07 Dec 2020)
    • The first recorded sale happened at this postcode is 4 LAUNCESTON TERRACE: £50,000 (Sold on 15 Sep 1995)
  • Flat
    • The average price is around £192,542 median price is £215,000 Standard Deviation is £65,804 with Total Sold: 6
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 LAUNCESTON TERRACE: £205,000 (Sold on 14 Oct 2019)
    • The first recorded sale happened at this postcode is 5 LAUNCESTON TERRACE: £55,000 (Sold on 28 Apr 1999)
  • Detached
    • The average price is around £143,817 median price is £154,250 Standard Deviation is £57,752 with Total Sold: 6
    • The most recent sale happened at this postcode is 6 LAUNCESTON TERRACE: £215,950 (Sold on 23 May 2007)
    • The first recorded sale happened at this postcode is 7 LAUNCESTON TERRACE: £58,000 (Sold on 31 Jul 1998)
  • Semi-Detached
    • The average price is around £131,962 median price is £118,475 Standard Deviation is £69,401 with Total Sold: 4
    • The most recent sale happened at this postcode is 11 LAUNCESTON TERRACE: £238,000 (Sold on 25 Apr 2007)
    • The first recorded sale happened at this postcode is 2 LAUNCESTON TERRACE: £52,900 (Sold on 22 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 2HJ 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
2020£250,000 £3,472 1
2015£185,000 £3,087 1
2014£220,000 £3,056 1
2006£160,000 £2,222 1
2003£127,500 £1,771 1
2000£79,0001
1996£65,0001
1995£50,000 £694 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£205,000 £3,503 1
2018£255,000 £2,772 1
2015£230,000 £2,271 2
2006£180,250 £2,034 1
1999£55,000 £940 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£215,9501
2004£174,225 £1,680 2
2002£160,000 £1,345 1
1999£80,500 £676 1
1998£58,000 £487 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£238,0001
2001£118,4752
1998£52,9001

All the Sales in the LAUNCESTON TERRACE, NR2 2HJ

See the table below for more details on the sold house prices in the NR2 2HJ, Norwich postcode.

AddressSold DatePrice% Change
4 LAUNCESTON TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: 1976-198207 Dec 2020£250,00013.64%
29 Sep 2014£220,00037.50%
06 Jan 2006£160,00025.49%
19 Sep 2003£127,500155.00%
15 Sep 1995£50,000First Sale
5 LAUNCESTON TERRACEFlat, FreeholdArea: 58.52 Sq.mtrAge: 1983-199014 Oct 2019£205,000272.73%
28 Apr 1999£55,000First Sale
9 LAUNCESTON TERRACEFlat, LeaseholdArea: 92 Sq.mtrAge: 1900-192905 Nov 2018£255,000First Sale
1 LAUNCESTON TERRACETerraced, FreeholdArea: 59.93 Sq.mtrAge: 1967-197505 Nov 2015£185,000First Sale
8 LAUNCESTON TERRACEFlat, LeaseholdArea: 88.63 Sq.mtrAge: before 190023 Sep 2015£235,00030.37%
10 Jul 2006£180,250First Sale
7 LAUNCESTON TERRACEFlat, LeaseholdArea: 119 Sq.mtrAge: before 190024 Jun 2015£225,00012.53%
16 Aug 2004£199,95024.97%
19 Jul 2002£160,00098.76%
17 Dec 1999£80,50038.79%
31 Jul 1998£58,000First Sale
6 LAUNCESTON TERRACEDetached, Freehold23 May 2007£215,95045.42%
03 Sep 2004£148,500First Sale
11 LAUNCESTON TERRACESemi-Detached, Freehold25 Apr 2007£238,00064.14%
05 Nov 2001£145,000First Sale
2 LAUNCESTON TERRACESemi-Detached, Freehold23 Apr 2001£91,95073.82%
22 Oct 1998£52,900First Sale
3 LAUNCESTON TERRACETerraced, Freehold08 Sep 2000£79,00021.54%
22 Mar 1996£65,000First Sale

Check out the sold house prices near the NR2 2HJ postcode. Properties currently for saleProperties currently for rent

LAUNCESTON TERRACE, NR2 2HJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR2 2HJ 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 NR2 2HJ postcode.

  • Terraced
    • The average price is around £184,517 median price is £170,500 Standard Deviation is £116,015 with Total Sold: 2,603
    • The Last 5 Year average price is £318,234 with Total Sold: 364
    • The most recent sale happened at this postcode is , 5 LILY TERRACE: £462,500 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 33A NEWMARKET ROAD: £40,000 (Sold on 03 Jan 1995)
  • Flat
    • The average price is around £146,709 median price is £147,000 Standard Deviation is £62,200 with Total Sold: 1,547
    • The Last 5 Year average price is £175,973 with Total Sold: 277
    • The most recent sale happened at this postcode is 146, THE PAVILION ST STEPHENS ROAD: £146,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 31B SUFFOLK SQUARE: £29,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £328,117 median price is £267,000 Standard Deviation is £259,685 with Total Sold: 341
    • The Last 5 Year average price is £670,565 with Total Sold: 43
    • The most recent sale happened at this postcode is , 15 MOUNT PLEASANT: £700,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 GROVE WALK: £82,000 (Sold on 26 Jun 1995)
  • Semi-Detached
    • The average price is around £222,856 median price is £187,795 Standard Deviation is £174,548 with Total Sold: 527
    • The Last 5 Year average price is £439,174 with Total Sold: 68
    • The most recent sale happened at this postcode is , 32 BURY STREET: £263,700 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 32 MOUNT PLEASANT: £125,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £502,479 median price is £245,175 Standard Deviation is £908,839 with Total Sold: 36
    • The Last 5 Year average price is £621,723 with Total Sold: 20
    • The most recent sale happened at this postcode is , 124 CAMBRIDGE STREET: £277,500 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 61 GROVE ROAD: £40,000 (Sold on 08 Sep 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£348,017 £3,490 23
2023£343,888 £3,796 60
2022£327,084 £3,703 80
2021£316,037 £3,561 75
2020£292,393 £3,320 62
2019£300,027 £3,108 64
2018£295,482 £3,185 72
2017£266,882 £3,064 89
2016£277,451 £2,950 77
2015£254,076 £2,646 87
2014£242,012 £2,546 101
2013£212,470 £2,366 87
2012£219,523 £2,333 79
2011£186,361 £2,097 64
2010£199,361 £2,183 65
2009£177,852 £2,060 56
2008£199,478 £2,026 68
2007£229,396 £2,299 106
2006£204,456 £2,211 141
2005£180,390 £1,981 115
2004£185,868 £2,033 108
2003£144,792 £1,700 91
2002£120,597 £1,451 98
2001£93,973 £1,092 119
2000£86,982 £974 87
1999£70,565 £804 104
1998£60,639 £707 113
1997£53,872 £634 115
1996£48,210 £550 113
1995£44,574 £539 84
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,630 £3,036 27
2023£186,750 £2,885 40
2022£194,241 £3,319 50
2021£168,505 £2,947 51
2020£156,437 £2,869 43
2019£175,059 £2,756 66
2018£172,825 £3,001 50
2017£178,303 £2,978 53
2016£190,608 £3,161 63
2015£168,084 £2,766 79
2014£156,744 £2,744 104
2013£148,811 £2,462 74
2012£131,993 £2,638 37
2011£138,390 £2,248 49
2010£141,245 £2,308 81
2009£125,962 £2,310 231
2008£140,859 £2,252 41
2007£172,142 £2,679 132
2006£146,299 £2,518 77
2005£138,958 £2,230 31
2004£114,792 £1,888 31
2003£87,601 £1,543 10
2002£79,313 £1,213 23
2001£60,005 £923 21
2000£54,042 £923 20
1999£46,554 £813 14
1998£45,926 £689 20
1997£44,481 £632 11
1996£35,375 £577 12
1995£27,583 £547 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£840,000 £4,583 5
2023£1,060,000 £5,772 4
2022£733,056 £5,058 9
2021£636,333 £5,068 9
2020£558,488 £4,008 8
2019£450,235 £4,424 8
2018£488,750 £3,835 10
2017£702,562 £3,534 8
2016£533,291 £3,143 9
2015£405,000 £3,470 5
2014£304,325 £3,029 6
2013£354,923 £2,642 13
2012£488,200 £2,880 5
2011£388,500 £2,552 13
2010£283,107 £2,354 10
2009£296,773 £2,268 11
2008£323,738 £6,504 4
2007£320,593 £2,386 16
2006£294,987 £2,274 17
2005£348,860 £2,414 17
2004£255,137 £2,021 27
2003£227,042 £1,900 17
2002£210,000 £1,549 16
2001£183,466 £1,585 17
2000£198,844 £1,202 16
1999£130,674 £1,043 22
1998£124,288 £953 10
1997£130,395 £850 12
1996£148,750 £729 10
1995£106,500 £848 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£304,783 £3,545 6
2023£439,812 £4,043 8
2022£531,933 £4,662 15
2021£426,500 £3,728 15
2020£378,062 £3,725 8
2019£444,725 £3,488 16
2018£340,164 £3,279 12
2017£340,000 £2,985 17
2016£366,210 £3,153 15
2015£337,036 £2,805 11
2014£378,118 £2,739 17
2013£414,773 £2,978 11
2012£251,750 £2,228 12
2011£200,496 £2,147 12
2010£244,377 £2,393 17
2009£209,182 £2,078 17
2008£204,208 £2,532 12
2007£225,932 £2,471 26
2006£224,979 £2,267 31
2005£185,159 £2,058 23
2004£222,747 £2,188 17
2003£154,619 £1,776 17
2002£157,186 £1,670 18
2001£116,612 £1,197 25
2000£94,716 £950 44
1999£78,288 £904 37
1998£74,938 £785 26
1997£91,766 £767 17
1996£95,069 £800 11
1995£75,357 £690 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,414,685 £2,690 4
2022£90,0001
2021£191,313 £2,709 5
2020£652,875 £3,876 8
2019£253,074 £2,270 2
2018£273,400 £4,151 5
2017£338,155 £9,252 5
2016£511,400 £2,943 5
2015£40,0001

House Type in NR2 2HJ area

The most common house types in the NR2 2HJ postcode area are Terraced (72), Flat (27), and Semi-detached (16).

Total136
Terraced72
Flat27
Semi-detached16
Detached10
Shared house10
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency53
Owned: Owns with a mortgage or loan40
Owned: Owns outright34
Private rented: Other private rented6
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NR2 2HJ have 1 person in household (51), and 2 people in household (45).

1 person in household51
2 people in household45
3 people in household22
4 people in household11
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0