NR1 1GP is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 66 addresses.
It ranks as the 642nd largest and 90th 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 66 properties: 66 flats.
NR1 1GP is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 66 addresses.
It ranks as the 642nd largest and 90th 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 66 properties: 66 flats.
Sale prices range from £142,909 for 2 bedroom Leasehold flats (548 ft2) to £183,913 for 2 bedroom leasehold flats with a balcony (775 ft2) .
Monthly rental prices range from £844 pcm for 2 bed flats to £904 pcm for 2 bed flats.
The gross rental yield is between 5.9% and 7.1%.
The average value per square foot is £218.
The current average value in the postcode is £146,637.
The NR1 1GP Sales Market has increased by 1.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £146,637 |
| April 2025 | -2.7% | £148,575 |
| April 2024 | -1.7% | £152,730 |
| April 2023 | -1.3% | £155,304 |
| April 2022 | 5.4% | £157,283 |
| April 2021 | 1.5% | £149,207 |
| April 2020 | -1.3% | £146,944 |
| April 2019 | 1.6% | £148,852 |
| April 2018 | -2% | £146,500 |
| April 2017 | 3.6% | £149,440 |
| April 2016 | 2.5% | £144,260 |
| April 2015 | 7.1% | £140,716 |
| April 2014 | 7.8% | £131,374 |
| April 2013 | 3.7% | £121,820 |
| April 2012 | -1.2% | £117,439 |
| April 2011 | -4.6% | £118,859 |
| April 2010 | 5.3% | £124,620 |
| April 2009 | -15.5% | £118,366 |
| April 2008 | -3.6% | £140,147 |
| April 2007 | 0% | £145,373 |
The current average rental value in the postcode is £849.
The NR1 1GP Rental Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £849pcm |
| April 2025 | 1.9% | £834pcm |
| April 2024 | 9.3% | £818pcm |
| April 2023 | 6.7% | £749pcm |
| April 2022 | 6% | £702pcm |
| April 2021 | 3.3% | £662pcm |
| April 2020 | 2.4% | £641pcm |
| April 2019 | 0.9% | £626pcm |
| April 2018 | 1.4% | £620pcm |
| April 2017 | -0.3% | £612pcm |
| April 2016 | 1.7% | £613pcm |
| April 2015 | 2% | £603pcm |
| April 2014 | 0.8% | £591pcm |
| April 2013 | 2.2% | £587pcm |
| April 2012 | 2.2% | £574pcm |
| April 2011 | 2% | £561pcm |
| April 2010 | 2.7% | £550pcm |
| April 2009 | -9.4% | £536pcm |
| April 2008 | 2.5% | £591pcm |
| April 2007 | 0% | £577pcm |
NR1 1GP is the 642nd largest and the 90th most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 1GP is Norwich station which is 900 metres away.
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