Housing Market Analysis for IPSWICH ROAD, NR2 2LZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £706,500 median price is £675,000 Standard Deviation is £306,360 with Total Sold: 5
    • The Last 5 Year average price is £1,197,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 24 IPSWICH ROAD: £675,000 (Sold on 12 Dec 2014)
    • The first recorded sale happened at this postcode is 22 IPSWICH ROAD: £1,197,500 (Sold on 15 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 2LZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£771,250 £2,871 2
2008£462,5001
2003£330,0001
2023£1,197,500 £3,651 1

All the Sales in the IPSWICH ROAD, NR2 2LZ

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

AddressSold DatePrice% Change
24 IPSWICH ROADDetached, FreeholdArea: 218 Sq.mtrAge: 1930-194912 Dec 2014£675,000First Sale
22 IPSWICH ROADDetached, FreeholdArea: 328 Sq.mtrAge: 1900-192911 Jul 2014£867,500-27.56%
15 Nov 2023£1,197,500First Sale
28 IPSWICH ROADDetached, Freehold03 Oct 2008£462,500First Sale
26 IPSWICH ROADDetached, Freehold31 Oct 2003£330,000First Sale

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

IPSWICH ROAD, NR2 2LZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £147,912 median price is £131,500 Standard Deviation is £89,078 with Total Sold: 150
    • The Last 5 Year average price is £171,500 with Total Sold: 15
    • The most recent sale happened at this postcode is , 24 LAKENHAM ROAD: £160,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 OSBORNE COURT: £135,000 (Sold on 04 Aug 1995)
  • Detached
    • The average price is around £354,296 median price is £300,000 Standard Deviation is £246,583 with Total Sold: 464
    • The Last 5 Year average price is £607,925 with Total Sold: 73
    • The most recent sale happened at this postcode is , 5 LYHART ROAD: £535,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 84 NEWMARKET ROAD: £248,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £254,294 median price is £170,500 Standard Deviation is £246,159 with Total Sold: 212
    • The Last 5 Year average price is £544,257 with Total Sold: 33
    • The most recent sale happened at this postcode is , 66 PLANTSMAN CLOSE: £297,500 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 46 EATON ROAD: £60,000 (Sold on 10 Mar 1995)
  • Terraced
    • The average price is around £186,471 median price is £162,525 Standard Deviation is £113,703 with Total Sold: 92
    • The Last 5 Year average price is £233,148 with Total Sold: 20
    • The most recent sale happened at this postcode is , 72 LAKENHAM ROAD: £240,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 45 GROVE WALK: £110,000 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £460,080 median price is £175,000 Standard Deviation is £600,873 with Total Sold: 5
    • The Last 5 Year average price is £18,400 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 LADY BETTY ROAD: £18,400 (Sold on 16 Jan 2020)
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,7504
2023£178,500 £2,796 3
2022£149,333 £2,305 3
2021£183,000 £3,408 4
2020£170,000 £2,361 1
2018£194,200 £2,823 5
2017£223,400 £3,022 5
2016£289,250 £3,911 6
2015£172,625 £2,724 4
2014£164,171 £2,190 7
2013£178,493 £2,130 7
2012£182,583 £2,041 6
2011£175,100 £2,199 5
2010£244,250 £2,885 4
2009£85,0001
2008£189,833 £1,952 3
2007£181,125 £2,712 4
2006£140,770 £2,050 5
2005£177,300 £2,432 5
2004£139,912 £1,609 13
2003£142,000 £2,249 2
2002£167,238 £1,785 4
2001£78,411 £1,223 7
2000£83,523 £1,178 11
1999£83,556 £1,146 8
1998£56,438 £824 8
1997£93,800 £1,008 5
1996£78,492 £919 6
1995£121,250 £1,072 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£546,250 £5,105 4
2023£746,773 £4,546 11
2022£811,318 £4,355 11
2021£612,933 £3,786 22
2020£470,643 £3,124 14
2019£452,818 £3,463 11
2018£496,867 £3,496 15
2017£422,250 £3,666 10
2016£470,503 £3,214 19
2015£441,961 £2,718 14
2014£419,717 £2,892 15
2013£404,310 £2,763 21
2012£350,385 £2,344 13
2011£405,007 £2,312 12
2010£310,188 £2,563 16
2009£355,709 £2,288 17
2008£621,2502
2007£402,387 £2,296 16
2006£444,124 £2,061 23
2005£356,163 £2,225 15
2004£275,350 £1,697 10
2003£272,140 £1,777 21
2002£249,972 £1,680 25
2001£209,983 £1,128 24
2000£212,808 £1,282 12
1999£151,971 £1,112 17
1998£135,491 £910 16
1997£120,746 £848 23
1996£149,869 £675 16
1995£132,921 £687 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£377,5003
2023£865,428 £4,520 5
2022£865,332 £5,012 6
2021£315,419 £2,898 8
2020£192,600 £2,711 5
2019£637,083 £3,000 6
2018£359,750 £2,976 6
2017£272,300 £2,518 8
2016£359,714 £2,922 7
2015£321,000 £2,742 5
2014£309,610 £2,302 10
2013£391,667 £3,636 6
2012£193,800 £1,852 5
2011£243,000 £1,925 4
2010£118,500 £1,533 2
2009£164,500 £1,681 2
2008£272,125 £1,893 4
2007£228,648 £2,063 11
2006£282,869 £2,224 13
2005£211,564 £1,962 10
2004£229,333 £1,695 3
2003£220,250 £1,519 6
2002£160,500 £1,100 7
2001£155,167 £1,190 9
2000£76,670 £730 10
1999£93,487 £680 18
1998£91,156 £677 8
1997£98,556 £734 9
1996£116,695 £747 10
1995£63,017 £389 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£253,650 £3,345 4
2022£245,574 £2,962 5
2021£288,333 £2,815 3
2020£196,750 £3,070 6
2019£187,500 £3,178 2
2018£453,900 £3,789 1
2017£172,000 £2,095 4
2016£242,250 £2,350 6
2015£191,465 £2,403 13
2014£281,000 £1,907 3
2013£226,500 £1,828 2
2011£215,690 £2,087 5
2010£213,750 £1,820 2
2009£157,500 £2,286 2
2008£182,0003
2007£240,0002
2006£145,488 £1,815 4
2004£107,750 £1,145 4
2002£317,000 £1,662 2
2001£121,983 £1,260 3
2000£130,261 £851 4
1999£53,7252
1998£49,975 £625 2
1997£83,333 £732 3
1996£49,067 £506 3
1995£63,200 £213 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£18,400 £260 1
2018£282,000 £3,169 1
2017£175,000 £2,966 2
2016£1,650,0001

House Type in NR2 2LZ area

The most common house types in the NR2 2LZ postcode area are Detached (50), Semi-detached (38), and Terraced (17).

Total124
Detached50
Semi-detached38
Terraced17
Shared house17
Flat1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright75
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the NR2 2LZ have 2 people in household (49), and 1 person in household (32).

2 people in household49
1 person in household32
3 people in household23
4 people in household13
5 people in household5
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0