NR1 1RT is a residential postcode situated on Thorpe Road, Norwich, NR1 with 70 addresses.
It ranks as the 657th largest and 151st most expensive of the 674 postcodes in the NR1 area.
The postcode contains a total of 70 properties: 5 houses and 65 flats.
NR1 1RT is a residential postcode situated on Thorpe Road, Norwich, NR1 with 70 addresses.
It ranks as the 657th largest and 151st most expensive of the 674 postcodes in the NR1 area.
The postcode contains a total of 70 properties: 5 houses and 65 flats.
Sale prices range from £123,781 for 1 bedroom leasehold flats (398 ft2) to £1,248,663 for 5 bedroom freehold houses with a garden (5,069 ft2) .
Monthly rental prices range from £717 pcm for 1 bed flats to £4,195 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 7.1%.
The average value per square foot is £229.
The last sale in NR1 1RT sold for £170,000 on 23rd August 2024. Since then prices are down an average of 3.6%.
The current average value in the postcode is £189,034.
The NR1 1RT Sales Market has increased by 10.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £189,034 |
| April 2025 | -1.9% | £191,311 |
| April 2024 | -1.6% | £195,003 |
| April 2023 | -0.5% | £198,214 |
| April 2022 | 7.2% | £199,281 |
| April 2021 | 4% | £185,822 |
| April 2020 | -0.9% | £178,696 |
| April 2019 | 1.2% | £180,250 |
| April 2018 | -1.2% | £178,110 |
| April 2017 | 5% | £180,325 |
| April 2016 | 4.8% | £171,670 |
| April 2015 | 7.8% | £163,738 |
| April 2014 | 7.8% | £151,849 |
| April 2013 | 5% | £140,859 |
| April 2012 | -1.1% | £134,193 |
| April 2011 | -4.3% | £135,700 |
| April 2010 | 6.4% | £141,769 |
| April 2009 | -14.7% | £133,214 |
| April 2008 | -3.8% | £156,083 |
| April 2007 | 0% | £162,245 |
The current average rental value in the postcode is £937.
The NR1 1RT Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £937pcm |
| April 2025 | 2.8% | £920pcm |
| April 2024 | 9.3% | £895pcm |
| April 2023 | 7.5% | £818pcm |
| April 2022 | 7.8% | £761pcm |
| April 2021 | 5.8% | £706pcm |
| April 2020 | 2.9% | £667pcm |
| April 2019 | 0.5% | £649pcm |
| April 2018 | 2.1% | £646pcm |
| April 2017 | 1.1% | £632pcm |
| April 2016 | 4% | £625pcm |
| April 2015 | 2.7% | £601pcm |
| April 2014 | 0.8% | £585pcm |
| April 2013 | 3.4% | £581pcm |
| April 2012 | 2.3% | £561pcm |
| April 2011 | 2.4% | £549pcm |
| April 2010 | 3.8% | £536pcm |
| April 2009 | -8.4% | £516pcm |
| April 2008 | 2.3% | £564pcm |
| April 2007 | 0% | £551pcm |
The last sale was on 23rd August 2024 for £170,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 27 sales since 1995.
NR1 1RT has seen 4 sales in the last three years and no sales in the last twelve months.
NR1 1RT is the 657th largest and the 151st most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 1RT is Norwich station which is 500 metres away.
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