NR1 1GR

Geoffrey Watling Way, Norwich, East of England

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NR1 1GRHouse Prices / East of England, Norwich, Geoffrey Watling Way

Name: NR1 1GR
Address: NR1 1GR, Norwich, East of England, NR1 1GR, United Kingdom

Last updated May 2026

Key Postcode Insights

NR1 1GR is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 20 addresses.

It ranks as the 342nd largest and 293rd 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 20 properties: 20 flats.

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Flats

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Key Postcode Insights

NR1 1GR is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 20 addresses.

It ranks as the 342nd largest and 293rd 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 20 properties: 20 flats.

Properties

Flats

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House Pricesin NR1 1GR

Sale prices range from £200,399 for 2 bedroom leasehold flats with a balcony (667 ft²) to £221,027 for 2 bedroom leasehold flats with a balcony (807 ft²) .

Monthly rental prices range from £906 pcm for 2 bed flats to £949 pcm for 2 bed flats.

The gross rental yield is between 5.2% and 5.4%.

The average value per square foot is £293.

Average Sale Value

£210,969

Average Rental Value

£929 pcm

Average Rental Yield

5.3% /year

Average Value Per Sqft

£293 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin NR1 1GR

The last sale in NR1 1GR sold for £220,000 on 12th August 2025. Since then prices are down an average of 0.3%.

The current average value in the postcode is £210,969.
The NR1 1GR Sales Market has increased by 1.7% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.1%	£210,969
April 2025	-2.9%	£213,347
April 2024	-2.2%	£219,615
April 2023	-1.2%	£224,588
April 2022	5.6%	£227,260
April 2021	1.2%	£215,309
April 2020	-1%	£212,673
April 2019	1.8%	£214,862
April 2018	-2.2%	£211,074
April 2017	4%	£215,801
April 2016	2.2%	£207,417
April 2015	6.8%	£202,891
April 2014	7.8%	£189,905
April 2013	3.6%	£176,094
April 2012	-1.2%	£169,999
April 2011	-4.6%	£172,124
April 2010	5.2%	£180,336
April 2009	-15.6%	£171,434
April 2008	-3.8%	£203,018
April 2007	0%	£210,985

Rental Market Trendsin NR1 1GR

The current average rental value in the postcode is £929.
The NR1 1GR Rental Market has increased by 38.6% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	2%	£929pcm
April 2025	1.8%	£910pcm
April 2024	8.7%	£894pcm
April 2023	6.8%	£823pcm
April 2022	6.1%	£771pcm
April 2021	3%	£726pcm
April 2020	2.7%	£705pcm
April 2019	1.1%	£686pcm
April 2018	1.1%	£679pcm
April 2017	0.2%	£671pcm
April 2016	1.4%	£670pcm
April 2015	1.8%	£661pcm
April 2014	0.8%	£650pcm
April 2013	2.1%	£644pcm
April 2012	2.2%	£631pcm
April 2011	2.1%	£618pcm
April 2010	2.6%	£605pcm
April 2009	-9.4%	£590pcm
April 2008	2.4%	£651pcm
April 2007	0%	£636pcm

Explore Buildingsin NR1 1GR, Geoffrey Watling Way, Norwich, NR1

Solace, Geoffrey Watling Way, Norwich, NR1 Modern building 20 units

Sales History
in NR1 1GR

The last sale was on 12th August 2025 for £220,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 25 sales since 1995.