NR1 1RQ is a residential postcode situated on Maltsters Yard, Norwich, NR1 with 5 addresses.
It ranks as the 113th largest and 565th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
NR1 1RQ is a residential postcode situated on Maltsters Yard, Norwich, NR1 with 5 addresses.
It ranks as the 113th largest and 565th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
Sale prices range from £204,345 for 2 bedroom leasehold flats (645 ft2) to £378,593 for 4 bedroom freehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £930 pcm for 2 bed flats to £1,274 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 5.5%.
The average value per square foot is £321.
The last sale in NR1 1RQ sold for £210,000 on 25th October 2024. Since then prices are down an average of 2.8%.
The current average value in the postcode is £297,622.
The NR1 1RQ Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £297,622 |
| April 2025 | -1.9% | £301,710 |
| April 2024 | -1.9% | £307,477 |
| April 2023 | 0% | £313,378 |
| April 2022 | 7.8% | £313,374 |
| April 2021 | 4.7% | £290,676 |
| April 2020 | -0.7% | £277,537 |
| April 2019 | 1.2% | £279,561 |
| April 2018 | -1.2% | £276,180 |
| April 2017 | 6% | £279,510 |
| April 2016 | 5.5% | £263,655 |
| April 2015 | 8% | £249,873 |
| April 2014 | 8% | £231,269 |
| April 2013 | 5.8% | £214,148 |
| April 2012 | -1% | £202,428 |
| April 2011 | -3.8% | £204,394 |
| April 2010 | 7.2% | £212,416 |
| April 2009 | -14% | £198,189 |
| April 2008 | -3.8% | £230,396 |
| April 2007 | 0% | £239,474 |
The current average rental value in the postcode is £1,103.
The NR1 1RQ Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,103pcm |
| April 2025 | 2.8% | £1,084pcm |
| April 2024 | 9% | £1,054pcm |
| April 2023 | 8.1% | £967pcm |
| April 2022 | 8.4% | £894pcm |
| April 2021 | 6.6% | £825pcm |
| April 2020 | 3% | £774pcm |
| April 2019 | 0.5% | £751pcm |
| April 2018 | 2.2% | £747pcm |
| April 2017 | 2.1% | £731pcm |
| April 2016 | 4.7% | £716pcm |
| April 2015 | 2.9% | £684pcm |
| April 2014 | 1% | £665pcm |
| April 2013 | 4.2% | £659pcm |
| April 2012 | 2.5% | £632pcm |
| April 2011 | 2.9% | £617pcm |
| April 2010 | 4.6% | £599pcm |
| April 2009 | -7.8% | £573pcm |
| April 2008 | 2.4% | £621pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 25th October 2024 for £210,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 10 sales since 1995.
NR1 1RQ has seen 1 sale in the last three years and no sales in the last twelve months.
NR1 1RQ is the 113th largest and the 565th most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 1RQ is Norwich station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR1 1RQ, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR1 1RQ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR1 1RQ, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR1 1RQ, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.