Housing Market Analysis for JOSEPH LANCASTER WAY, NR3 1RR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £337,500 median price is £365,000 Standard Deviation is £113,492 with Total Sold: 7
    • The Last 5 Year average price is £447,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 JOSEPH LANCASTER WAY: £375,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is MERCHANTS HOUSE, 2 JOSEPH LANCASTER WAY: £365,000 (Sold on 06 Jul 2004)
  • Semi-Detached
    • The average price is around £351,125 median price is £342,750 Standard Deviation is £55,280 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 JOSEPH LANCASTER WAY: £422,500 (Sold on 17 Jul 2018)
    • The first recorded sale happened at this postcode is 6 JOSEPH LANCASTER WAY: £298,000 (Sold on 16 Sep 2005)
  • Detached
    • The average price is around £314,986 median price is £314,975 Standard Deviation is £49,252 with Total Sold: 4
    • The most recent sale happened at this postcode is THE SILK HOUSE, 1 JOSEPH LANCASTER WAY: £380,000 (Sold on 07 Nov 2016)
    • The first recorded sale happened at this postcode is THE SILK HOUSE, 1 JOSEPH LANCASTER WAY: £289,950 (Sold on 20 May 2004)
  • Terraced
    • The average price is around £305,500 median price is £305,500 Standard Deviation is £16,500 with Total Sold: 2
    • The most recent sale happened at this postcode is SPICE HOUSE, 3 JOSEPH LANCASTER WAY: £322,000 (Sold on 22 Aug 2007)
    • The first recorded sale happened at this postcode is SPICE HOUSE, 3 JOSEPH LANCASTER WAY: £289,000 (Sold on 13 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NR3 1RR 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£375,000 £3,049 1
2019£520,0001
2010£430,0001
2006£238,750 £2,603 2
2005£195,000 £2,685 1
2004£365,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£422,500 £2,874 1
2008£387,500 £2,636 1
2005£297,250 £2,514 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£380,0001
2009£294,9982
2004£289,9501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£322,0001
2003£289,0001

All the Sales in the JOSEPH LANCASTER WAY, NR3 1RR

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

AddressSold DatePrice% Change
9 JOSEPH LANCASTER WAYFlat, LeaseholdArea: 123 Sq.mtrAge: 2003-200619 Aug 2022£375,00027.12%
17 May 2006£295,000First Sale
MERCHANTS HOUSE, 2 JOSEPH LANCASTER WAYFlat, Freehold02 Sep 2019£520,00020.93%
05 Jul 2010£430,00017.81%
06 Jul 2004£365,000First Sale
6 JOSEPH LANCASTER WAYSemi-Detached, FreeholdArea: 147 Sq.mtrAge: 2007 onwards17 Jul 2018£422,5009.03%
23 Jun 2008£387,50030.03%
16 Sep 2005£298,000First Sale
THE SILK HOUSE, 1 JOSEPH LANCASTER WAYDetached, Freehold07 Nov 2016£380,00052.00%
13 Feb 2009£249,995-13.78%
20 May 2004£289,950First Sale
THE CHINA HOUSE, 4 JOSEPH LANCASTER WAYDetached, Freehold18 Feb 2009£340,000First Sale
SPICE HOUSE, 3 JOSEPH LANCASTER WAYTerraced, Freehold22 Aug 2007£322,00011.42%
13 Nov 2003£289,000First Sale
7 JOSEPH LANCASTER WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-200628 Apr 2006£182,500First Sale
5 JOSEPH LANCASTER WAYSemi-Detached, FreeholdArea: 98.84 Sq.mtrAge: 1996-200231 Oct 2005£296,500First Sale
8 JOSEPH LANCASTER WAYFlat, LeaseholdArea: 72.63 Sq.mtrAge: 2003-200614 Oct 2005£195,000First Sale

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

JOSEPH LANCASTER WAY, NR3 1RR Near By properties

Interactive Map

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

  • Flat
    • The average price is around £136,755 median price is £127,500 Standard Deviation is £79,667 with Total Sold: 1,541
    • The Last 5 Year average price is £176,821 with Total Sold: 235
    • 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)
  • Terraced
    • The average price is around £163,027 median price is £135,000 Standard Deviation is £114,284 with Total Sold: 1,190
    • The Last 5 Year average price is £257,130 with Total Sold: 183
    • The most recent sale happened at this postcode is , 26 WODEHOUSE STREET: £227,500 (Sold on 16 Aug 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 £170,095 median price is £127,975 Standard Deviation is £155,052 with Total Sold: 266
    • The Last 5 Year average price is £335,982 with Total Sold: 34
    • The most recent sale happened at this postcode is , 76 BULL CLOSE ROAD: £170,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 52 - 56 MAGDALEN STREET: £50,000 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £286,541 median price is £220,000 Standard Deviation is £411,076 with Total Sold: 129
    • The Last 5 Year average price is £359,225 with Total Sold: 8
    • 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)
  • Other
    • The average price is around £1,126,153 median price is £370,000 Standard Deviation is £3,547,509 with Total Sold: 195
    • The Last 5 Year average price is £839,754 with Total Sold: 96
    • 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£144,175 £3,007 20
2023£197,606 £3,327 41
2022£174,596 £2,996 47
2021£192,334 £2,918 40
2020£157,345 £2,802 41
2019£178,630 £2,771 46
2018£203,658 £3,116 65
2017£157,677 £2,828 95
2016£130,794 £3,003 108
2015£144,923 £2,522 94
2014£137,741 £2,398 54
2013£121,868 £2,101 36
2012£140,193 £2,291 23
2011£124,665 £1,988 30
2010£144,088 £2,226 25
2009£146,171 £1,943 29
2008£151,463 £2,388 42
2007£173,875 £2,948 155
2006£159,701 £2,520 105
2005£127,917 £2,178 44
2004£142,650 £2,259 52
2003£115,696 £1,804 50
2002£102,741 £1,764 50
2001£67,984 £1,335 31
2000£65,655 £1,075 41
1999£53,410 £956 36
1998£44,648 £861 43
1997£46,160 £745 36
1996£39,217 £679 32
1995£32,754 £702 30
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,375 £2,937 4
2023£278,773 £3,492 22
2022£283,160 £3,280 36
2021£266,424 £3,099 52
2020£218,915 £2,792 30
2019£233,567 £2,715 39
2018£228,976 £2,670 31
2017£226,006 £2,862 32
2016£200,177 £2,385 41
2015£206,634 £2,422 65
2014£188,888 £2,268 52
2013£197,783 £1,981 21
2012£201,817 £2,199 25
2011£150,390 £1,907 47
2010£153,383 £1,775 30
2009£189,422 £1,858 46
2008£222,460 £2,084 24
2007£208,743 £2,245 58
2006£174,355 £1,885 43
2005£153,070 £1,928 49
2004£160,169 £1,814 42
2003£159,198 £1,690 54
2002£111,485 £1,242 62
2001£77,071 £1,079 47
2000£81,573 £942 49
1999£65,375 £712 48
1998£48,568 £614 37
1997£42,215 £561 50
1996£44,067 £559 31
1995£37,531 £443 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0002
2023£185,100 £3,209 4
2022£493,829 £3,436 7
2021£265,529 £3,196 7
2020£425,500 £2,778 6
2019£318,062 £3,110 8
2018£265,357 £2,329 7
2017£234,711 £2,721 9
2016£232,667 £2,324 3
2015£281,000 £2,426 3
2014£152,317 £2,192 3
2012£312,750 £3,120 4
2011£151,812 £1,870 8
2010£131,275 £1,802 8
2009£213,999 £2,068 11
2008£209,250 £2,009 8
2007£245,373 £2,151 18
2006£179,050 £2,246 18
2005£175,934 £1,908 16
2004£169,389 £1,965 9
2003£129,500 £1,697 11
2002£102,286 £1,296 11
2001£92,914 £1,185 7
2000£77,242 £1,041 19
1999£64,433 £740 26
1998£59,076 £729 19
1997£73,711 £717 7
1996£48,333 £658 3
1995£51,250 £483 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,7502
2023£325,000 £5,328 1
2022£400,000 £2,548 1
2021£398,825 £3,838 4
2018£376,583 £3,470 6
2017£640,9991
2016£391,667 £2,516 3
2014£280,000 £2,258 1
2012£292,500 £2,609 2
2011£194,555 £2,701 3
2010£315,000 £2,628 2
2009£339,642 £2,627 7
2008£276,875 £2,288 4
2007£763,636 £2,864 11
2006£287,500 £1,828 6
2005£318,833 £3,041 6
2004£248,493 £2,280 7
2003£257,500 £2,384 6
2002£196,030 £2,067 8
2001£300,058 £1,149 13
2000£83,889 £1,150 9
1999£80,390 £893 5
1998£75,312 £685 4
1997£133,400 £828 5
1996£185,614 £826 6
1995£70,083 £629 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£946,3963
2023£484,429 £3,101 14
2022£726,535 £2,428 29
2021£1,692,820 £1,863 23
2020£498,959 £2,455 17
2019£250,85110
2018£906,808 £1,650 23
2017£1,373,020 £976 25
2016£2,978,821 £2,193 17
2015£842,74419
2014£1,360,81412
2013£273,1663

House Type in NR3 1RR area

The most common house types in the NR3 1RR 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 1RR 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