NR1 1BW is a residential postcode situated on Recorder Road, Norwich, NR1 with 39 addresses.
It ranks as the 531st largest and 7th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 39 flats.
NR1 1BW is a residential postcode situated on Recorder Road, Norwich, NR1 with 39 addresses.
It ranks as the 531st largest and 7th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 39 flats.
Sale prices range from £93,553 for 1 bedroom leasehold flats (398 ft2) to £142,909 for 2 bedroom leasehold flats (631 ft2) .
Monthly rental prices range from £614 pcm for 1 bed flats to £844 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 8.0%.
The average value per square foot is £226.
The last sale in NR1 1BW sold for £100,000 on 28th November 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £102,982.
The NR1 1BW Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £102,982 |
| April 2025 | -2.1% | £103,791 |
| April 2024 | -1.1% | £106,021 |
| April 2023 | -0.9% | £107,199 |
| April 2022 | 5.5% | £108,131 |
| April 2021 | 3.2% | £102,494 |
| April 2020 | -0.8% | £99,327 |
| April 2019 | 0.8% | £100,164 |
| April 2018 | -1.4% | £99,394 |
| April 2017 | 3.3% | £100,770 |
| April 2016 | 4.4% | £97,552 |
| April 2015 | 7.2% | £93,414 |
| April 2014 | 7.4% | £87,124 |
| April 2013 | 2.7% | £81,147 |
| April 2012 | -1.7% | £79,029 |
| April 2011 | -4.3% | £80,390 |
| April 2010 | 4.7% | £83,998 |
| April 2009 | -16% | £80,215 |
| April 2008 | -5% | £95,479 |
| April 2007 | 0% | £100,487 |
The current average rental value in the postcode is £666.
The NR1 1BW Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £666pcm |
| April 2025 | 2.4% | £650pcm |
| April 2024 | 9.7% | £635pcm |
| April 2023 | 6.7% | £579pcm |
| April 2022 | 6% | £542pcm |
| April 2021 | 5.4% | £512pcm |
| April 2020 | 2.5% | £486pcm |
| April 2019 | 0.1% | £474pcm |
| April 2018 | 1.3% | £473pcm |
| April 2017 | 0% | £467pcm |
| April 2016 | 3.3% | £467pcm |
| April 2015 | 2.4% | £452pcm |
| April 2014 | 0.5% | £441pcm |
| April 2013 | 1.1% | £439pcm |
| April 2012 | 1.4% | £434pcm |
| April 2011 | 2.2% | £428pcm |
| April 2010 | 1.8% | £419pcm |
| April 2009 | -9.4% | £412pcm |
| April 2008 | 0.6% | £454pcm |
| April 2007 | 0% | £452pcm |
The last sale was on 28th November 2025 for £100,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 98 sales since 1995.
NR1 1BW has seen 6 sales in the last three years and 2 sales in the last twelve months.
NR1 1BW is the 531st largest and the 7th most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 1BW is Norwich station which is 300 metres away.
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