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NR Postcode Area - NR1, NR2, NR3, NR4, NR5, NR6, NR7, NR8, NR9 Property Market 2017

This Post covers 

 

Postcode                 Coverage Area          Local Authority Area
NR1 Thorpe Hamlet, (parts of) City Centre, 
areas close to Thorpe Road Mail Centre
Norwich
NR2  Eaton, western and south-western parts of Norwich 
and parts of the city centre
Norwich
NR3  N part of Norwich, within the 
ring-road: Upper Hellesdon, New Catton
Norwich, Broadland
NR4   Villages W and SW of Norwich: Cringleford, Colney, Keswick South Norfolk
NR5  W and NW suburbs of Norwich: Bowthorpe, Costessey Norwich, South Norfolk
NR6  N and NW suburbs of Norwich: Old Catton, Hellesdon Norwich, Broadland
NR7 E and SE suburbs of Norwich: Sprowston, Thorpe St. Andrew, Heartsease Norwich, Broadland
NR8  Suburbs and villages NW of Norwich: Drayton, Taverham, Ringland Broadland, South Norfolk
NR9 Villages W and NW of Norwich: Barford, Bawburgh, 
Hethersett, Honingham, Lenwade, Little Melton, 
Lyng, Marlingford and Colton, Weston Longville
Broadland


  • M represents Million Pounds
  • Total value includes Property Type Other apart from Detached, Semi-Detached, Terraced, Flat/Masionette

 

Postcode Detached Semi-Detached Terraced Flat
NR1 £353K £260K £222K £186K
NR2 £540K £290K £260K £168K
NR3 £282K £201K £179K £125K
NR4 £437K £277K £224K £149K
NR5 £260K £202K £184K £123K
NR6 £272K £216K £184K £128K
NR7 £322K £225K £204K £140K
NR8 £309K £218K £179K £129K
NR9 £337K £229K £224K £136K

 

Postcode Detached Semi-Detached Terraced Flat
NR1 £355K £225K £192K £162K
NR2 £415K £240K £234K £141K
NR3 £238K £180K £170K £119K
NR4 £385K £255K £215K £149K
NR5 £245K £200K £173K £128K
NR6 £250K £215K £175K £121K
NR7 £292K £220K £185K £137K
NR8 £276K £203K £177K £130K
NR9 £310K £215K £210K £145K

 

Postcode Detached SemiDetached Terraced Flat
NR1 £109K £95K £78K £101K
NR2 £288K £118K £106K £88K
NR3 £108K £75K £56K £38K
NR4 £183K £110K £65K £34K
NR5 £69K £33K £43K £21K
NR6 £83K £42K £32K £32K
NR7 £119K £55K £55K £35K
NR8 £103K £68K £28K £20K
NR9 £137K £62K £83K £24K
For example
  • Say the average detached property price for postcode XYZ is £300 K and ST. DEV. is £30 K.
  • It means that most detached properties in postcode XYZ (about 68%) has price within one ST. Dev. i.e. the price range is  £270K - £330K.
  • All-most all detached property price (95%) in postcode XYZ lie between two ST. Dev.  i.e. £240 K - £360 K

 

Postcode Detached Semi-Detached Terraced Flat
NR1 34 79 170 281
NR2 30 53 260 107
NR3 20 79 315 123
NR4 129 106 66 52
NR5 127 156 106 30
NR6 150 139 83 32
NR7 167 248 123 61
NR8 209 81 104 41
NR9 204 88 37 4

 

The Table below gives in percentage, the total number of properties purchased as Buy-To-Let:
Postcode Detached Semi-Detached Terraced Flat
NR1 6% 4% 10% 6%
NR2 0% 4% 8% 12%
NR3 15% 10% 8% 14%
NR4 1% 11% 14% 13%
NR5 13% 16% 15% 7%
NR6 3% 1% 2% 3%
NR7 5% 6% 2% 8%
NR8 1% 7% 7% 15%
NR9 2% 10% 8% 25%
*Buy-to-let consists of Buy-to-lets (where they can be identified by a Mortgage) ,transfers to non-private individuals,  transfers under a power of sale/repossessions



 

All NR Postcodes Yearly & Trend Analysis Posts

Reference

NR Postcode Area As Per Wikipedia