Housing Market Analysis for OLD PALACE ROAD, NR2 4JW

Are you looking to understand NR2 4JW 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 4JW area, explore the NR2 4JW Area information page.
For comprehensive crime statistics in the NR2 4JW area, explore the NR2 4JW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR2 4JW postcode area, The average prices are as follows,

Terraced
- The average price is around £152,882 median price is £152,625 Standard Deviation is £64,881 with Total Sold: 30
- The Last 5 Year average price is £213,562 with Total Sold: 8
- The most recent sale happened at this postcode is 83 OLD PALACE ROAD: £220,000 (Sold on 11 Nov 2022)
- The first recorded sale happened at this postcode is 63 OLD PALACE ROAD: £34,750 (Sold on 10 Mar 1998)
Flat
- The average price is around £122,279 median price is £118,000 Standard Deviation is £11,822 with Total Sold: 7
- The Last 5 Year average price is £139,000 with Total Sold: 2
- The most recent sale happened at this postcode is 123 OLD PALACE ROAD: £140,000 (Sold on 24 Jan 2022)
- The first recorded sale happened at this postcode is 125 OLD PALACE ROAD: £113,950 (Sold on 09 Jun 2006)
Semi-Detached
- The average price is around £80,438 median price is £66,500 Standard Deviation is £42,365 with Total Sold: 4
- The most recent sale happened at this postcode is 59 OLD PALACE ROAD: £146,500 (Sold on 19 Oct 2006)
- The first recorded sale happened at this postcode is 85 OLD PALACE ROAD: £42,250 (Sold on 27 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 4JW 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
2022	£240,167	£3,512	3
2021	£220,000	£3,014	1
2020	£192,000	£2,497	4
2019	£230,000	£2,706	1
2018	£207,500	£2,562	1
2016	£184,333	£2,250	3
2014	£185,000	£2,176	1
2013	£150,000	£1,852	1
2012	£154,067	£1,807	3
2011	£125,000	£1,767	1
2010	£143,000	£2,065	1
2007	£111,000	£1,521	1
2005	£141,500	£1,427	2
2004	£115,000	£1,375	1
2002	£105,000	£1,235	1
2001	£56,000	£982	1
2000	£80,000	£956	1
1999	£18,750	£316	2
1998	£34,750	£442	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£140,000	£2,321	1
2020	£138,000	£2,156	1
2017	£117,000	£1,828	1
2016	£118,000	£1,957	1
2009	£105,000	£1,741	1
2007	£124,000	£2,056	1
2006	£113,950	£1,780	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£146,500	£1,809	1
2002	£88,500	£994	1
1998	£44,500	£500	1
1996	£42,250	£474	1

All the Sales in the OLD PALACE ROAD, NR2 4JW

See the table below for more details on the sold house prices in the NR2 4JW, Norwich postcode.

Address	Sold Date	Price	% Change
83 OLD PALACE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1976-1982	11 Nov 2022	£220,000	First Sale
77 OLD PALACE ROADTerraced, FreeholdArea: 59.31 Sq.mtrAge: before 1900	20 Sep 2022	£237,500	73.36%
	18 Nov 2020	£137,000	144.64%
	20 Jul 2001	£56,000	96.49%
	16 Nov 1999	£28,500	216.67%
	04 Jan 1999	£9,000	First Sale
69 OLD PALACE ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	13 Jun 2022	£263,000	14.35%
	29 Aug 2019	£230,000	24.32%
	04 Jul 2014	£185,000	29.37%
	04 Nov 2005	£143,000	36.19%
	01 Feb 2002	£105,000	First Sale
123 OLD PALACE ROADFlat, LeaseholdArea: 60.31 Sq.mtrAge: 1950-1966	24 Jan 2022	£140,000	18.64%
	18 Jul 2016	£118,000	12.38%
	06 Nov 2009	£105,000	-15.32%
	02 Mar 2007	£124,000	First Sale
65 OLD PALACE ROADTerraced, FreeholdArea: 73 Sq.mtrAge: before 1900	30 Jun 2021	£220,000	35.80%
	11 Oct 2012	£162,000	45.95%
	18 Jun 2007	£111,000	First Sale
129 OLD PALACE ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-1966	18 Dec 2020	£138,000	First Sale
85 OLD PALACE ROADTerraced, FreeholdArea: 76.26 Sq.mtrAge: 1976-1982	30 Sep 2020	£218,500	15.00%
	01 Jul 2016	£190,000	31.08%
	04 Jul 2012	£144,950	63.79%
	14 Jan 2002	£88,500	98.88%
	17 Aug 1998	£44,500	5.33%
	27 Jan 1996	£42,250	First Sale
79 OLD PALACE ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1900-1929	12 Aug 2020	£175,000	11.46%
	01 Apr 2016	£157,000	First Sale
71 OLD PALACE ROADTerraced, FreeholdArea: 119.4 Sq.mtrAge: before 1900	31 Jan 2020	£237,500	15.29%
	27 May 2016	£206,000	32.69%
	30 May 2012	£155,250	10.89%
	22 Dec 2005	£140,000	First Sale
59 OLD PALACE ROADTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	31 Jul 2018	£207,500	38.33%
	18 Sep 2013	£150,000	2.39%
	19 Oct 2006	£146,500	First Sale
125 OLD PALACE ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-1966	31 Jul 2017	£117,000	2.68%
	09 Jun 2006	£113,950	First Sale
73 OLD PALACE ROADTerraced, FreeholdArea: 70.74 Sq.mtrAge: before 1900	02 Dec 2011	£125,000	First Sale
55 OLD PALACE ROADTerraced, FreeholdArea: 69.259 Sq.mtrAge: before 1900	13 Dec 2010	£143,000	First Sale
61 OLD PALACE ROADTerraced, FreeholdArea: 83.66 Sq.mtrAge: before 1900	06 Feb 2004	£115,000	43.75%
	01 Sep 2000	£80,000	First Sale
63 OLD PALACE ROADTerraced, FreeholdArea: 78.57 Sq.mtrAge: before 1900	10 Mar 1998	£34,750	First Sale

Check out the sold house prices near the NR2 4JW postcode. Properties currently for saleProperties currently for rent

OLD PALACE ROAD, NR2 4JW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR2 4JW 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 4JW postcode.

Semi-Detached
- The average price is around £142,622 median price is £132,750 Standard Deviation is £90,164 with Total Sold: 505
- The Last 5 Year average price is £279,711 with Total Sold: 58
- The most recent sale happened at this postcode is , 108 NORTHUMBERLAND STREET: £300,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 63 WYMER STREET: £42,000 (Sold on 02 Jun 1995)
Terraced
- The average price is around £138,009 median price is £135,000 Standard Deviation is £79,893 with Total Sold: 2,516
- The Last 5 Year average price is £247,690 with Total Sold: 309
- The most recent sale happened at this postcode is , 21 ORCHARD STREET: £250,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 34 HOTBLACK ROAD: £37,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £93,346 median price is £99,000 Standard Deviation is £39,780 with Total Sold: 839
- The Last 5 Year average price is £140,999 with Total Sold: 120
- The most recent sale happened at this postcode is , 17 CLIFTON STREET: £129,500 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 6 GOODMAN SQUARE: £32,500 (Sold on 20 Jan 1995)
Other
- The average price is around £477,800 median price is £196,000 Standard Deviation is £852,473 with Total Sold: 50
- The Last 5 Year average price is £321,895 with Total Sold: 18
- The most recent sale happened at this postcode is , 171 NELSON STREET: £290,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 182 NELSON STREET: £33,000 (Sold on 31 Jan 2014)
Detached
- The average price is around £202,213 median price is £177,900 Standard Deviation is £138,787 with Total Sold: 102
- The Last 5 Year average price is £306,850 with Total Sold: 10
- The most recent sale happened at this postcode is , 86A HOTBLACK ROAD: £392,500 (Sold on 05 Apr 2023)
- The first recorded sale happened at this postcode is , 139 NORTHUMBERLAND STREET: £57,000 (Sold on 02 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,825	£3,677	10
2023	£227,667	£3,105	6
2022	£295,548	£3,398	19
2021	£297,539	£3,210	14
2020	£219,781	£2,904	9
2019	£201,227	£2,797	11
2018	£223,200	£2,799	18
2017	£245,392	£2,748	14
2016	£193,906	£2,428	8
2015	£239,779	£2,466	7
2014	£178,095	£2,419	10
2013	£164,893	£1,849	7
2012	£164,050	£1,765	6
2011	£147,062	£1,838	16
2010	£167,016	£1,920	16
2009	£159,835	£1,943	17
2008	£159,235	£1,782	17
2007	£167,450	£2,056	32
2006	£152,505	£1,931	29
2005	£133,547	£1,841	19
2004	£144,454	£1,968	13
2003	£106,462	£1,511	16
2002	£102,036	£1,252	29
2001	£84,349	£962	30
2000	£67,424	£945	30
1999	£52,012	£679	49
1998	£50,904	£608	27
1997	£44,808	£706	15
1996	£52,241	£524	8
1995	£36,833	£415	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£253,093	£3,395	41
2023	£256,118	£3,386	43
2022	£264,589	£3,414	84
2021	£239,934	£3,073	87
2020	£223,083	£2,913	54
2019	£209,716	£2,850	71
2018	£215,256	£2,755	81
2017	£202,149	£2,638	74
2016	£196,819	£2,504	72
2015	£191,365	£2,530	82
2014	£169,973	£2,255	93
2013	£167,678	£2,089	69
2012	£153,909	£2,028	73
2011	£148,533	£1,994	58
2010	£159,516	£1,952	60
2009	£144,869	£1,749	75
2008	£151,023	£1,933	47
2007	£162,562	£2,234	90
2006	£144,076	£1,874	103
2005	£128,293	£1,728	85
2004	£135,698	£1,708	86
2003	£114,782	£1,545	104
2002	£98,887	£1,281	137
2001	£83,687	£998	157
2000	£62,964	£849	102
1999	£52,950	£676	109
1998	£47,403	£611	104
1997	£41,386	£557	111
1996	£37,232	£476	84
1995	£40,877	£534	80

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,700	£2,284	10
2023	£142,562	£2,559	20
2022	£146,166	£2,514	46
2021	£136,862	£2,227	29
2020	£130,600	£2,157	15
2019	£129,250	£2,332	22
2018	£123,323	£2,304	33
2017	£126,723	£2,414	28
2016	£122,022	£2,043	37
2015	£111,982	£1,988	30
2014	£101,690	£1,853	35
2013	£95,962	£1,673	33
2012	£97,841	£1,666	17
2011	£98,625	£1,696	26
2010	£101,652	£1,683	22
2009	£101,692	£1,574	39
2008	£97,214	£1,816	14
2007	£115,361	£2,150	31
2006	£99,176	£1,672	47
2005	£88,600	£1,653	27
2004	£83,479	£1,607	28
2003	£76,254	£1,597	36
2002	£64,358	£1,273	33
2001	£50,903	£1,052	32
2000	£43,801	£838	35
1999	£33,349	£644	28
1998	£28,766	£475	16
1997	£28,458	£573	24
1996	£24,912	£513	14
1995	£35,022	£751	32

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,000		1
2023	£305,000		2
2022	£620,691		3
2021	£246,480	£2,622	9
2020	£271,241	£2,436	3
2019	£139,375		4
2018	£895,614	£2,853	11
2017	£753,214	£7,020	7
2016	£289,800	£3,558	5
2015	£233,028		4
2014	£33,000	£1,065	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£392,500	£4,460	1
2022	£502,500	£3,756	2
2021	£272,750	£2,795	4
2020	£193,333	£3,000	3
2018	£307,125	£2,551	4
2017	£352,500	£1,988	2
2016	£340,006	£2,852	4
2015	£275,407	£2,480	3
2014	£180,738	£2,001	4
2012	£285,000	£2,227	1
2011	£219,750	£1,932	2
2010	£165,983	£2,224	3
2009	£127,500	£2,024	1
2008	£206,500	£1,939	4
2007	£234,190	£2,401	10
2006	£197,160	£2,365	5
2005	£389,540	£2,068	5
2004	£195,583	£1,618	6
2003	£148,179	£1,796	10
2002	£100,862	£1,591	8
2001	£139,741	£1,027	6
2000	£55,000	£1,900	2
1999	£77,300	£1,155	5
1998	£70,500	£563	2
1997	£62,000	£557	2
1996	£100,000		1
1995	£50,500	£659	2

House Type in NR2 4JW area

The most common house types in the NR2 4JW postcode area are Flat (107), Terraced (17), and Semi-detached (6).

Total	131
Flat	107
Terraced	17
Semi-detached	6
Detached	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (65), and Owned: Owns with a mortgage or loan (22).

Social rented: Rents from council or Local Authority	65
Owned: Owns with a mortgage or loan	22
Private rented: Private landlord or letting agency	22
Owned: Owns outright	18
Social rented: Other social rented	2
Private rented: Other private rented	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 4JW have 1 person in household (71), and 2 people in household (31).

1 person in household	71
2 people in household	31
3 people in household	17
4 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0