Housing Market Analysis for NEWMARKET ROAD, NR2 2LB

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

Overview of Sold House prices

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

Terraced
- The average price is around £408,583 median price is £345,000 Standard Deviation is £135,472 with Total Sold: 6
- The most recent sale happened at this postcode is EAST HOUSE, 96 NEWMARKET ROAD: £625,000 (Sold on 01 Sep 2016)
- The first recorded sale happened at this postcode is EAST HOUSE, 96 NEWMARKET ROAD: £272,500 (Sold on 24 Oct 2000)
Flat
- The average price is around £212,227 median price is £234,000 Standard Deviation is £101,414 with Total Sold: 11
- The most recent sale happened at this postcode is FLAT 4, 98 NEWMARKET ROAD: £288,000 (Sold on 05 May 2016)
- The first recorded sale happened at this postcode is FLAT 1, 98 NEWMARKET ROAD: £129,500 (Sold on 10 Sep 1997)
Detached
- The average price is around £860,429 median price is £795,000 Standard Deviation is £568,861 with Total Sold: 7
- The Last 5 Year average price is £1,990,000 with Total Sold: 1
- The most recent sale happened at this postcode is 90B NEWMARKET ROAD: £900,000 (Sold on 15 Apr 2016)
- The first recorded sale happened at this postcode is 86 NEWMARKET ROAD: £1,990,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 2LB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£625,000	£3,342	1
2014	£565,000	£2,669	1
2010	£355,000	£1,820	1
2002	£317,000	£1,662	2
2000	£272,500	£1,457	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£288,000	£4,056	1
2013	£450,000	£2,711	1
2010	£234,000	£3,296	1
2004	£260,000	£1,566	2
2003	£170,000	£2,910	1
2002	£235,000	£1,416	1
2001	£114,000	£1,606	1
2000	£94,000	£1,106	1
1999	£100,000	£1,712	1
1997	£129,500	£780	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£900,000	£5,651	1
2010	£655,000	£4,113	1
2006	£1,230,000	£3,090	1
2003	£795,000		1
1996	£205,000		1
1995	£248,000		1
2023	£1,990,000	£7,107	1

All the Sales in the NEWMARKET ROAD, NR2 2LB

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

Address	Sold Date	Price	% Change
EAST HOUSE, 96 NEWMARKET ROADTerraced, FreeholdArea: 187 Sq.mtrAge: before 1900	01 Sep 2016	£625,000	86.57%
	27 Aug 2002	£335,000	22.94%
	24 Oct 2000	£272,500	First Sale
FLAT 4, 98 NEWMARKET ROADFlat, LeaseholdArea: 71 Sq.mtrAge: before 1900	05 May 2016	£288,000	23.08%
	31 Aug 2010	£234,000	105.26%
	05 Oct 2001	£114,000	First Sale
90B NEWMARKET ROADDetached, FreeholdArea: 159.25 Sq.mtrAge: 1983-1990	15 Apr 2016	£900,000	37.40%
	23 Sep 2010	£655,000	First Sale
VICTORIA HOUSE, 96 NEWMARKET ROADTerraced, FreeholdArea: 211.71 Sq.mtrAge: before 1900	30 Jan 2014	£565,000	First Sale
FLAT 1, 98 NEWMARKET ROADFlat, LeaseholdArea: 166 Sq.mtrAge: 1900-1929	22 Nov 2013	£450,000	83.67%
	20 Dec 2004	£245,000	-10.91%
	17 Feb 2004	£275,000	17.02%
	07 Oct 2002	£235,000	81.47%
	10 Sep 1997	£129,500	First Sale
GARDEN HOUSE, 96 NEWMARKET ROADTerraced, FreeholdArea: 195.04 Sq.mtrAge: before 1900	30 Jul 2010	£355,000	18.73%
	27 Aug 2002	£299,000	First Sale
90 NEWMARKET ROADDetached, FreeholdArea: 398 Sq.mtrAge: 1900-1929	14 Aug 2006	£1,230,000	First Sale
84 NEWMARKET ROADDetached, Freehold	29 Aug 2003	£795,000	220.56%
84 NEWMARKET ROADDetached, Freehold	04 Jan 1995	£248,000	First Sale
FLAT 2, 98 NEWMARKET ROADFlat, LeaseholdArea: 58.418 Sq.mtrAge: before 1900	24 Jan 2003	£170,000	70.00%
	16 Aug 1999	£100,000	First Sale
FLAT 3, 98 NEWMARKET ROADFlat, LeaseholdArea: 85 Sq.mtrAge: before 1900	14 Jan 2000	£94,000	First Sale
90C NEWMARKET ROADDetached, Freehold	12 Jul 1996	£205,000	First Sale
86 NEWMARKET ROADDetached, FreeholdArea: 280 Sq.mtrAge: before 1900	15 Dec 2023	£1,990,000	First Sale

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

NEWMARKET ROAD, NR2 2LB Near By properties

Interactive Map

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

Detached
- The average price is around £444,985 median price is £367,500 Standard Deviation is £325,957 with Total Sold: 460
- The Last 5 Year average price is £818,055 with Total Sold: 71
- 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 , 84 NEWMARKET ROAD: £248,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £165,500 median price is £154,500 Standard Deviation is £114,191 with Total Sold: 1,267
- The Last 5 Year average price is £297,892 with Total Sold: 166
- The most recent sale happened at this postcode is , 87 GLOUCESTER STREET: £300,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 33A NEWMARKET ROAD: £40,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £309,238 median price is £218,750 Standard Deviation is £263,621 with Total Sold: 354
- The Last 5 Year average price is £615,133 with Total Sold: 57
- 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)
Flat
- The average price is around £147,813 median price is £131,000 Standard Deviation is £92,841 with Total Sold: 253
- The Last 5 Year average price is £198,066 with Total Sold: 28
- The most recent sale happened at this postcode is , 15 EAGLE WALK: £160,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , 34 CAIRNS COURT: £39,950 (Sold on 28 Feb 1995)
Other
- The average price is around £406,764 median price is £245,175 Standard Deviation is £434,870 with Total Sold: 14
- The Last 5 Year average price is £325,212 with Total Sold: 8
- The most recent sale happened at this postcode is , GARAGE 14 BEECHBANK: £15,000 (Sold on 08 Feb 2022)
- The first recorded sale happened at this postcode is , 14 IPSWICH ROAD: £1,650,000 (Sold on 12 Apr 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£970,000	£4,844	6
2023	£1,096,500	£4,907	9
2022	£945,538	£4,811	13
2021	£783,525	£4,250	20
2020	£711,667	£3,443	12
2019	£535,535	£4,265	11
2018	£688,807	£3,849	14
2017	£731,364	£3,645	11
2016	£734,914	£3,831	11
2015	£615,577	£2,887	13
2014	£529,954	£2,819	12
2013	£463,795	£2,664	22
2012	£475,478	£2,406	10
2011	£416,417	£2,847	15
2010	£463,314	£2,690	11
2009	£412,431	£2,204	18
2008	£472,499	£7,897	7
2007	£485,500	£2,577	13
2006	£502,130	£2,269	23
2005	£439,765	£2,440	21
2004	£333,485	£1,930	10
2003	£348,935	£1,880	23
2002	£293,050	£1,594	20
2001	£258,690	£1,251	21
2000	£228,595	£1,264	19
1999	£157,643	£1,095	20
1998	£149,117	£931	20
1997	£180,369	£850	21
1996	£168,281	£697	16
1995	£152,022	£666	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,812	£3,461	16
2023	£338,446	£3,995	27
2022	£310,840	£3,793	41
2021	£292,095	£3,545	33
2020	£259,714	£3,357	21
2019	£263,911	£3,237	28
2018	£281,910	£3,329	29
2017	£253,290	£3,225	45
2016	£262,188	£3,097	29
2015	£258,610	£2,803	37
2014	£236,119	£2,599	50
2013	£202,071	£2,462	40
2012	£185,504	£2,431	34
2011	£193,377	£2,279	31
2010	£191,710	£2,292	36
2009	£164,322	£1,981	29
2008	£185,152	£2,249	25
2007	£199,116	£2,427	37
2006	£182,717	£2,268	56
2005	£170,426	£1,961	58
2004	£156,084	£1,975	41
2003	£137,533	£1,692	55
2002	£118,195	£1,455	51
2001	£92,907	£1,153	67
2000	£93,393	£1,038	55
1999	£67,442	£799	52
1998	£59,553	£741	59
1997	£54,985	£639	67
1996	£48,994	£586	73
1995	£41,965	£556	45

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,600		7
2023	£746,740	£4,299	11
2022	£817,932	£4,716	13
2021	£498,045	£3,632	11
2020	£411,375	£3,282	4
2019	£593,191	£3,411	11
2018	£481,722	£3,297	11
2017	£433,357	£2,758	7
2016	£551,667	£3,522	9
2015	£406,944	£3,005	9
2014	£533,961	£2,818	14
2013	£412,804	£3,375	13
2012	£348,333	£2,247	9
2011	£535,500	£2,778	2
2010	£285,310	£2,439	11
2009	£180,683	£1,847	6
2008	£279,312	£2,059	8
2007	£290,336	£2,401	16
2006	£289,833	£2,558	18
2005	£244,128	£2,060	18
2004	£224,156	£2,120	9
2003	£213,667	£1,816	6
2002	£205,204	£1,615	12
2001	£165,154	£1,369	12
2000	£94,240	£917	26
1999	£98,257	£994	22
1998	£99,168	£737	20
1997	£138,680	£722	15
1996	£169,634	£727	15
1995	£80,278	£624	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£2,759	5
2022	£216,392	£3,451	6
2021	£167,571	£3,220	7
2020	£158,375	£2,754	4
2019	£269,333	£2,996	6
2018	£237,800	£3,141	5
2017	£269,100	£2,701	5
2016	£239,450	£3,225	10
2015	£157,406	£2,739	8
2014	£206,200	£2,532	5
2013	£163,122	£2,197	16
2012	£190,938	£2,363	8
2011	£194,667	£2,334	3
2010	£249,375	£2,503	8
2009	£139,300	£1,705	5
2008	£212,900	£2,471	5
2007	£170,909	£2,492	11
2006	£137,844	£2,408	8
2005	£194,400	£2,388	10
2004	£164,828	£1,958	14
2003	£132,500	£2,095	8
2002	£170,557	£1,894	7
2001	£92,275	£1,408	14
2000	£88,635	£1,295	13
1999	£67,127	£1,057	15
1998	£57,383	£909	15
1997	£70,564	£932	14
1996	£70,582	£854	11
1995	£84,279	£941	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£15,000		1
2021	£234,175	£3,288	4
2020	£550,000	£5,313	3
2018	£354,333	£6,060	3
2017	£315,000	£5,579	1
2016	£857,500		2

House Type in NR2 2LB area

The most common house types in the NR2 2LB postcode area are Detached (56), Semi-detached (25), and Terraced (22).

Total	135
Detached	56
Semi-detached	25
Terraced	22
Flat	18
Shared house	13
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	67
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	24
Social rented: Other social rented	3
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NR2 2LB have 2 people in household (54), and 1 person in household (41).

2 people in household	54
1 person in household	41
3 people in household	28
4 people in household	8
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0