Housing Market Analysis for OLD PALACE ROAD, NR2 4NB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £95,736 median price is £94,972 Standard Deviation is £53,539 with Total Sold: 4
    • The Last 5 Year average price is £166,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 74 OLD PALACE ROAD: £166,000 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is 74 OLD PALACE ROAD: £27,000 (Sold on 20 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NR2 4NB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£166,000 £2,338 1
2007£124,995 £1,760 1
2002£64,950 £915 1
1998£27,000 £380 1

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

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

AddressSold DatePrice% Change
74 OLD PALACE ROADFlat, LeaseholdArea: 71 Sq.mtrAge: 1983-199009 Dec 2022£166,00032.81%
06 Jul 2007£124,99592.45%
01 May 2002£64,950140.56%
20 Mar 1998£27,000First Sale

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

OLD PALACE ROAD, NR2 4NB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £143,230 median price is £131,000 Standard Deviation is £92,506 with Total Sold: 495
    • The Last 5 Year average price is £270,847 with Total Sold: 64
    • 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 £138,918 median price is £134,975 Standard Deviation is £82,534 with Total Sold: 2,540
    • The Last 5 Year average price is £245,832 with Total Sold: 387
    • 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 , 27 DEREHAM ROAD: £86,000 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £94,756 median price is £100,000 Standard Deviation is £39,954 with Total Sold: 954
    • The Last 5 Year average price is £139,626 with Total Sold: 170
    • 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 £475,933 median price is £200,500 Standard Deviation is £830,397 with Total Sold: 55
    • The Last 5 Year average price is £330,767 with Total Sold: 26
    • 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 £206,105 median price is £180,000 Standard Deviation is £146,261 with Total Sold: 109
    • The Last 5 Year average price is £297,333 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 GLADSTONE STREET: £555,000 (Sold on 05 Oct 2022)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,917 £3,677 9
2023£234,833 £3,173 6
2022£304,689 £3,443 18
2021£292,388 £3,223 13
2020£226,143 £3,117 7
2019£201,227 £2,797 11
2018£228,388 £2,814 17
2017£258,772 £2,797 11
2016£193,906 £2,428 8
2015£239,779 £2,466 7
2014£178,095 £2,419 10
2013£187,429 £1,998 7
2012£190,614 £1,851 7
2011£147,766 £1,920 15
2010£167,838 £1,942 17
2009£158,012 £1,949 17
2008£163,861 £1,795 18
2007£167,200 £2,070 32
2006£153,267 £1,963 27
2005£138,942 £1,862 19
2004£148,488 £1,969 13
2003£107,553 £1,511 17
2002£104,558 £1,293 25
2001£88,523 £983 29
2000£66,678 £922 32
1999£53,210 £677 48
1998£51,881 £599 29
1997£44,973 £706 14
1996£52,241 £524 8
1995£41,250 £462 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,337 £3,622 38
2023£257,030 £3,477 52
2022£268,982 £3,480 79
2021£238,216 £3,008 88
2020£234,956 £2,964 57
2019£226,049 £2,887 73
2018£217,561 £2,807 86
2017£206,046 £2,695 78
2016£197,813 £2,595 67
2015£197,759 £2,583 78
2014£171,830 £2,285 90
2013£165,709 £2,122 68
2012£157,748 £2,075 74
2011£154,184 £1,998 62
2010£156,945 £1,983 55
2009£144,816 £1,765 78
2008£152,078 £1,966 47
2007£166,448 £2,276 92
2006£143,841 £1,902 99
2005£132,135 £1,771 77
2004£135,453 £1,712 84
2003£116,922 £1,564 109
2002£101,365 £1,305 134
2001£77,191 £979 144
2000£63,411 £862 106
1999£54,695 £698 115
1998£48,660 £629 113
1997£42,747 £561 120
1996£38,123 £485 92
1995£41,374 £542 85
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,036 £2,189 14
2023£144,420 £2,533 28
2022£146,219 £2,487 51
2021£137,926 £2,247 34
2020£129,763 £2,176 19
2019£129,421 £2,275 24
2018£124,828 £2,295 37
2017£125,644 £2,361 31
2016£121,337 £2,026 41
2015£113,160 £2,019 34
2014£102,953 £1,847 39
2013£97,336 £1,645 38
2012£93,100 £1,632 23
2011£97,325 £1,682 30
2010£103,407 £1,678 23
2009£100,451 £1,539 41
2008£98,278 £1,835 18
2007£116,235 £2,125 38
2006£100,957 £1,688 52
2005£88,974 £1,603 31
2004£83,879 £1,578 40
2003£76,896 £1,549 39
2002£65,235 £1,256 36
2001£51,438 £1,050 34
2000£43,801 £838 35
1999£33,949 £637 30
1998£29,845 £502 19
1997£28,960 £560 26
1996£24,722 £513 15
1995£34,274 £731 34
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£305,0002
2022£515,268 £4,975 4
2021£249,332 £2,464 10
2020£271,241 £2,436 3
2019£388,6386
2018£895,614 £2,853 11
2017£663,812 £7,020 8
2016£289,800 £3,558 5
2015£233,0284
2014£33,000 £1,065 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£502,500 £3,756 2
2021£272,750 £2,795 4
2020£193,333 £3,000 3
2018£301,667 £2,088 3
2017£320,000 £1,988 1
2016£242,012 £2,216 2
2015£225,000 £2,163 1
2014£146,090 £1,548 5
2012£285,000 £2,227 1
2011£266,750 £2,175 4
2010£224,890 £2,103 5
2009£151,250 £1,973 2
2008£313,700 £1,939 5
2007£256,881 £2,352 13
2006£193,950 £2,257 4
2005£357,100 £2,170 7
2004£214,625 £2,290 8
2003£165,474 £1,733 8
2002£108,090 £1,495 10
2001£137,317 £869 3
2000£98,500 £1,458 5
1999£125,700 £1,155 5
1998£70,500 £563 2
1997£55,317 £557 3
1996£100,0001
1995£50,500 £659 2

House Type in NR2 4NB area

The most common house types in the NR2 4NB postcode area are Flat (102), Terraced (21), and Semi-detached (12).

Total138
Flat102
Terraced21
Semi-detached12
Detached3
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (79), and Owned: Owns outright (20).

Social rented: Rents from council or Local Authority79
Owned: Owns outright20
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency17
Private rented: Other private rented4
Social rented: Other social rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the NR2 4NB have 1 person in household (66), and 2 people in household (43).

1 person in household66
2 people in household43
3 people in household17
4 people in household11
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0