NR1 1GS is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 69 addresses.
It ranks as the 655th largest and 296th 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 69 properties: 69 flats.
NR1 1GS is a residential postcode situated on Geoffrey Watling Way, Norwich, NR1 with 69 addresses.
It ranks as the 655th largest and 296th 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 69 properties: 69 flats.
Sale prices range from £180,669 for 2 bedroom leasehold flats with a balcony (516 ft2) to £227,430 for 2 bedroom leasehold flats with a balcony (807 ft2) .
Monthly rental prices range from £860 pcm for 2 bed flats to £977 pcm for 2 bed flats.
The gross rental yield is between 5.2% and 5.7%.
The average value per square foot is £309.
The last sale in NR1 1GS sold for £205,000 on 3rd October 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £203,506.
The NR1 1GS Sales Market has increased by 1.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £203,506 |
| April 2025 | -2.9% | £205,800 |
| April 2024 | -2.2% | £211,847 |
| April 2023 | -1.2% | £216,643 |
| April 2022 | 5.6% | £219,221 |
| April 2021 | 1.2% | £207,693 |
| April 2020 | -1% | £205,150 |
| April 2019 | 1.8% | £207,261 |
| April 2018 | -2.2% | £203,608 |
| April 2017 | 4% | £208,167 |
| April 2016 | 2.2% | £200,080 |
| April 2015 | 6.8% | £195,714 |
| April 2014 | 7.8% | £183,187 |
| April 2013 | 3.6% | £169,865 |
| April 2012 | -1.2% | £163,986 |
| April 2011 | -4.6% | £166,036 |
| April 2010 | 5.2% | £173,957 |
| April 2009 | -15.6% | £165,370 |
| April 2008 | -3.8% | £195,836 |
| April 2007 | 0% | £203,522 |
The current average rental value in the postcode is £920.
The NR1 1GS Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £920pcm |
| April 2025 | 1.8% | £902pcm |
| April 2024 | 8.7% | £886pcm |
| April 2023 | 6.8% | £816pcm |
| April 2022 | 6.1% | £763pcm |
| April 2021 | 3% | £720pcm |
| April 2020 | 2.7% | £698pcm |
| April 2019 | 1.1% | £680pcm |
| April 2018 | 1.1% | £673pcm |
| April 2017 | 0.2% | £665pcm |
| April 2016 | 1.4% | £664pcm |
| April 2015 | 1.8% | £655pcm |
| April 2014 | 0.8% | £644pcm |
| April 2013 | 2.1% | £638pcm |
| April 2012 | 2.2% | £625pcm |
| April 2011 | 2.1% | £612pcm |
| April 2010 | 2.6% | £599pcm |
| April 2009 | -9.4% | £584pcm |
| April 2008 | 2.4% | £645pcm |
| April 2007 | 0% | £630pcm |
The last sale was on 3rd October 2025 for £205,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 49 sales since 1995.
NR1 1GS has seen 9 sales in the last three years and 2 sales in the last twelve months.
NR1 1GS is the 655th largest and the 296th most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 1GS is Norwich station which is 800 metres away.
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