Housing Market Analysis for NR3 1LB

Are you looking to understand NR3 1LB 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 NR3 1LB area, explore the NR3 1LB Area information page.
For comprehensive crime statistics in the NR3 1LB area, explore the NR3 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR3 1LB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average NR3 1LB 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.

    All the Sales in the NR3 1LB

    See the table below for more details on the sold house prices in the NR3 1LB, Norwich postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the NR3 1LB postcode. Properties currently for saleProperties currently for rent

    NR3 1LB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NR3 1LB 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 NR3 1LB postcode.

    • Flat
      • The average price is around £136,681 median price is £130,000 Standard Deviation is £83,701 with Total Sold: 1,832
      • The Last 5 Year average price is £175,345 with Total Sold: 321
      • The most recent sale happened at this postcode is , 12 MANDELLS COURT: £58,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is 17, SHERWYN HOUSE, 61 ST GEORGES STREET: £43,000 (Sold on 26 Jan 1995)
    • Detached
      • The average price is around £279,276 median price is £225,000 Standard Deviation is £376,149 with Total Sold: 169
      • The Last 5 Year average price is £346,692 with Total Sold: 12
      • The most recent sale happened at this postcode is , 41 ST GEORGES STREET: £345,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 39 CROWN ROAD: £90,000 (Sold on 20 Mar 1995)
    • Terraced
      • The average price is around £204,140 median price is £175,000 Standard Deviation is £126,550 with Total Sold: 836
      • The Last 5 Year average price is £304,263 with Total Sold: 117
      • The most recent sale happened at this postcode is , 32A ELM HILL: £620,000 (Sold on 26 Jul 2024)
      • The first recorded sale happened at this postcode is , WEBSDALE COURT BEDFORD STREET: £55,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £183,625 median price is £143,750 Standard Deviation is £153,747 with Total Sold: 274
      • The Last 5 Year average price is £351,093 with Total Sold: 28
      • The most recent sale happened at this postcode is , 39A MAGDALEN STREET: £100,000 (Sold on 21 May 2024)
      • The first recorded sale happened at this postcode is , 52 - 56 MAGDALEN STREET: £50,000 (Sold on 03 Mar 1995)
    • Other
      • The average price is around £1,355,651 median price is £420,000 Standard Deviation is £3,379,408 with Total Sold: 240
      • The Last 5 Year average price is £1,010,565 with Total Sold: 110
      • The most recent sale happened at this postcode is OFFICE B, 06-Aug ST ANDREWS STREET: £200,000 (Sold on 13 May 2024)
      • The first recorded sale happened at this postcode is , CAMBRIDGE HOUSE, 26 TOMBLAND: £640,000 (Sold on 19 Jul 2013)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£138,118 £2,843 17
    2023£183,497 £3,173 55
    2022£184,162 £2,965 65
    2021£187,886 £3,051 54
    2020£155,645 £2,848 58
    2019£176,410 £2,697 72
    2018£179,151 £3,035 118
    2017£170,039 £2,879 110
    2016£130,574 £2,970 114
    2015£148,654 £2,511 81
    2014£134,260 £2,342 54
    2013£122,085 £2,086 50
    2012£135,843 £2,259 29
    2011£120,264 £1,979 32
    2010£139,869 £2,223 29
    2009£138,133 £1,968 33
    2008£151,804 £2,495 49
    2007£174,524 £2,946 158
    2006£166,619 £2,606 99
    2005£129,862 £2,132 55
    2004£141,848 £2,240 67
    2003£122,134 £1,971 55
    2002£106,696 £1,734 59
    2001£67,814 £1,305 49
    2000£69,546 £1,196 56
    1999£53,528 £973 43
    1998£42,292 £876 54
    1997£43,086 £749 44
    1996£38,802 £687 42
    1995£35,212 £761 31
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£276,7502
    2023£411,500 £5,328 2
    2022£276,250 £3,219 2
    2021£371,883 £3,441 6
    2018£376,583 £3,470 6
    2017£640,9991
    2016£342,500 £4,286 4
    2014£280,000 £2,258 1
    2013£250,0001
    2012£292,500 £2,609 2
    2011£236,537 £3,086 7
    2010£288,667 £2,471 3
    2009£339,642 £2,627 7
    2008£265,375 £2,288 4
    2007£685,654 £3,086 13
    2006£266,244 £2,149 8
    2005£313,279 £2,906 7
    2004£248,288 £2,198 12
    2003£248,143 £2,284 7
    2002£300,228 £2,079 12
    2001£307,715 £1,235 17
    2000£125,035 £1,200 13
    1999£83,181 £1,067 8
    1998£64,350 £685 5
    1997£133,400 £828 5
    1996£136,237 £823 9
    1995£79,700 £629 5
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£380,0002
    2023£337,750 £3,960 13
    2022£339,114 £3,671 22
    2021£310,416 £3,240 35
    2020£277,692 £3,083 18
    2019£263,870 £2,769 27
    2018£315,814 £3,061 22
    2017£271,284 £3,025 27
    2016£251,537 £2,635 27
    2015£253,321 £2,641 49
    2014£231,188 £2,423 31
    2013£259,125 £2,400 20
    2012£243,578 £2,461 20
    2011£180,385 £2,039 24
    2010£217,068 £2,125 22
    2009£201,192 £1,891 44
    2008£256,309 £2,317 26
    2007£260,147 £2,466 40
    2006£208,620 £2,019 32
    2005£174,818 £2,206 34
    2004£195,647 £2,312 33
    2003£191,207 £1,965 41
    2002£149,192 £1,499 44
    2001£97,932 £1,306 30
    2000£117,754 £1,248 40
    1999£100,078 £920 38
    1998£64,795 £756 22
    1997£54,088 £688 20
    1996£58,397 £669 20
    1995£56,228 £607 13
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£100,0001
    2023£185,100 £3,209 4
    2022£667,200 £3,804 5
    2021£259,814 £3,277 7
    2020£380,250 £2,728 4
    2019£330,643 £3,250 7
    2018£265,500 £2,957 5
    2017£281,140 £2,849 10
    2016£278,250 £2,694 4
    2015£271,750 £2,608 4
    2014£229,983 £2,305 3
    2012£312,750 £3,120 4
    2011£183,562 £2,173 8
    2010£162,136 £1,846 7
    2009£244,571 £2,068 14
    2008£209,250 £2,009 8
    2007£267,336 £2,192 20
    2006£209,060 £2,387 15
    2005£189,497 £2,099 17
    2004£194,278 £1,965 9
    2003£134,958 £1,697 12
    2002£145,453 £1,729 13
    2001£117,556 £1,366 8
    2000£85,017 £1,137 21
    1999£79,425 £913 32
    1998£73,765 £839 17
    1997£83,372 £927 8
    1996£48,333 £658 3
    1995£51,250 £483 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£946,3963
    2023£510,750 £3,101 16
    2022£1,036,537 £3,543 27
    2021£1,704,418 £10,386 32
    2020£563,300 £3,279 16
    2019£538,14516
    2018£1,157,889 £1,650 28
    2017£1,330,687 £3,264 36
    2016£2,752,248 £4,537 22
    2015£945,824 £16,252 22
    2014£2,204,76518
    2013£3,206,2504

    House Type in NR3 1LB area

    The most common house types in the NR3 1LB postcode area are Terraced (27), Flat (17), and Semi-detached (9).

    Total66
    Terraced27
    Flat17
    Semi-detached9
    Detached4
    converted building4
    commercial building3
    Shared house2
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (25), and Private rented: Private landlord or letting agency (20).

    Owned: Owns outright25
    Private rented: Private landlord or letting agency20
    Owned: Owns with a mortgage or loan13
    Social rented: Rents from council or Local Authority6
    Private rented: Other private rented5
    Social rented: Other social rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the NR3 1LB have 2 people in household (35), and 1 person in household (23).

    2 people in household35
    1 person in household23
    3 people in household7
    4 people in household4
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0