Prospect Terrace - NR1 1HR
Key Street Insights
Prospect Terrace is a residential street with 4 addresses.
It ranks as the 33rd largest of the 336 streets in the NR1 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £125,112
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Street Insights
Prospect Terrace is a residential street with 4 addresses.
It ranks as the 33rd largest of the 336 streets in the NR1 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £125,112
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £170/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties on Prospect Terrace, Norwich, NR1
- 1 Prospect Terrace
House
- 2 Prospect Terrace
3 Bed Period House
- 3 Prospect Terrace
House
- 4 Prospect Terrace
3 Bed Period House
Sales Market Trends
The last sale on Prospect Terrace sold for £125,000 on 1st April 2022. Since then prices are down an average of 4.2%.
The current average value in the street is £125,112.
The Prospect Terrace Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £125,112 |
| June 2025 | -0.8% | £127,442 |
| June 2024 | -1.1% | £128,449 |
| June 2023 | -2.1% | £129,902 |
| June 2022 | 9.7% | £132,705 |
| June 2021 | 5.2% | £121,014 |
| June 2020 | -0.6% | £115,033 |
| June 2019 | 1.5% | £115,673 |
| June 2018 | 0.9% | £114,004 |
| June 2017 | 4.4% | £113,023 |
| June 2016 | 6.4% | £108,277 |
| June 2015 | 8% | £101,794 |
| June 2014 | 9% | £94,246 |
| June 2013 | 4.7% | £86,462 |
| June 2012 | -0.3% | £82,602 |
| June 2011 | -4.5% | £82,873 |
| June 2010 | 9.5% | £86,782 |
| June 2009 | -10.5% | £79,246 |
| June 2008 | -9% | £88,587 |
| June 2007 | 0% | £97,396 |
Rental Market Trends
The current average rental value in the street is £607.
The Prospect Terrace Rental Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £607pcm |
| June 2025 | 3.6% | £585pcm |
| June 2024 | 7.8% | £564pcm |
| June 2023 | 7.8% | £523pcm |
| June 2022 | 10.5% | £485pcm |
| June 2021 | 7.3% | £439pcm |
| June 2020 | 3.2% | £409pcm |
| June 2019 | 0.7% | £397pcm |
| June 2018 | 2.7% | £394pcm |
| June 2017 | 2.7% | £384pcm |
| June 2016 | 5.3% | £374pcm |
| June 2015 | 3% | £355pcm |
| June 2014 | 1.4% | £345pcm |
| June 2013 | 3.1% | £340pcm |
| June 2012 | 2.8% | £330pcm |
| June 2011 | 2.2% | £321pcm |
| June 2010 | 6.3% | £314pcm |
| June 2009 | -6% | £295pcm |
| June 2008 | -0.5% | £314pcm |
| June 2007 | 0% | £315pcm |
Sales History
The last recorded sale was on 1st April 2022 for £125,000 and since then the market in the area has decreased by 4.2%.
Prospect Terrace, Norwich, NR1 has had 3 sales since 1995, none of them in the last three years.
- Sold Apr 2022£125,000 | 3 Bed House4, Prospect Terrace, Norwich, NR1 1HR4, Prospect Terrace, Norwich, NR1 1HR
- Sold Jun 2013£120,000 | 3 Bed House4, Prospect Terrace, Norwich, NR1 1HR4, Prospect Terrace, Norwich, NR1 1HR
- Sold Sep 2006£125,000 | 3 Bed House2, Prospect Terrace, Norwich, NR1 1HR2, Prospect Terrace, Norwich, NR1 1HR
Top 3 Most Expensive Sales
- Sold Sep 2006£125,000 | 3 Bed House2, Prospect Terrace, Norwich, NR1 1HR2, Prospect Terrace, Norwich, NR1 1HR
- Sold Apr 2022£125,000 | 3 Bed House4, Prospect Terrace, Norwich, NR1 1HR4, Prospect Terrace, Norwich, NR1 1HR
- Sold Jun 2013£120,000 | 3 Bed House4, Prospect Terrace, Norwich, NR1 1HR4, Prospect Terrace, Norwich, NR1 1HR
Nearby Streets
Prospect Terrace, Norwich, NR1 is the 33rd largest and the 18th most expensive street in the NR1 area.
- Harbour Road, Norwich, NR117 Addresses|97 m away
- Wilson Road, Norwich, NR155 Addresses|108 m away
- Cedar Road, Norwich, NR146 Addresses|110 m away
- Hardy Road, Norwich, NR145 Addresses|129 m away
- Clarence Road, Norwich, NR159 Addresses|145 m away
- Carrow Road, Norwich, NR176 Addresses|189 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Schools Nearby
- Lionwood Infant and Nursery School500 m away
- Charles Darwin Primary School900 m away
- Lionwood Junior School1.0 km away
- Notre Dame High School, Norwich1.2 km away
- Jane Austen College1.8 km away
- Hewett Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to Prospect Terrace, Norwich, NR1 - NR1 1HR is Norwich station, which is 700 metres away.
- Norwich|700 m away
- Brundall Gardens|7.0 km away
- Salhouse|7.7 km away
