NR1 2AE is a residential postcode situated on Bracondale, Norwich, NR1 with 9 addresses.
It ranks as the 191st largest and 648th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 5 houses and 4 flats.
NR1 2AE is a residential postcode situated on Bracondale, Norwich, NR1 with 9 addresses.
It ranks as the 191st largest and 648th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 5 houses and 4 flats.
Sale prices range from £308,304 for 3 bedroom leasehold flats (957 ft2) to £655,447 for 3 bedroom leasehold flats (3,616 ft2) .
Monthly rental prices range from £1,323 pcm for 3 bed flats to £2,813 pcm for 3 bed flats.
The gross rental yield is between 3.9% and 5.1%.
The average value per square foot is £340.
The last sale in NR1 2AE sold for £402,000 on 23rd June 2023. Since then prices are down an average of 4.7%.
The current average value in the postcode is £491,603.
The NR1 2AE Sales Market has increased by 7.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £491,603 |
| April 2025 | -2.1% | £500,211 |
| April 2024 | -1.3% | £511,147 |
| April 2023 | -0.7% | £517,825 |
| April 2022 | 6.8% | £521,679 |
| April 2021 | 3.5% | £488,631 |
| April 2020 | -0.8% | £471,917 |
| April 2019 | 1.3% | £475,952 |
| April 2018 | -1% | £469,810 |
| April 2017 | 4.2% | £474,596 |
| April 2016 | 4.2% | £455,536 |
| April 2015 | 7.8% | £437,361 |
| April 2014 | 7.7% | £405,713 |
| April 2013 | 5.7% | £376,594 |
| April 2012 | -1% | £356,453 |
| April 2011 | -4.3% | £359,925 |
| April 2010 | 6.7% | £376,128 |
| April 2009 | -14.6% | £352,569 |
| April 2008 | -2.6% | £413,003 |
| April 2007 | 0% | £423,848 |
The current average rental value in the postcode is £1,805.
The NR1 2AE Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,805pcm |
| April 2025 | 2.5% | £1,780pcm |
| April 2024 | 9.7% | £1,736pcm |
| April 2023 | 7.2% | £1,582pcm |
| April 2022 | 7.4% | £1,476pcm |
| April 2021 | 5.5% | £1,374pcm |
| April 2020 | 2.8% | £1,303pcm |
| April 2019 | 0.6% | £1,267pcm |
| April 2018 | 2.3% | £1,260pcm |
| April 2017 | 0.4% | £1,232pcm |
| April 2016 | 3.2% | £1,226pcm |
| April 2015 | 2.7% | £1,188pcm |
| April 2014 | 0.8% | £1,157pcm |
| April 2013 | 4.1% | £1,148pcm |
| April 2012 | 2.5% | £1,103pcm |
| April 2011 | 2.3% | £1,076pcm |
| April 2010 | 4% | £1,052pcm |
| April 2009 | -8.5% | £1,011pcm |
| April 2008 | 3.6% | £1,105pcm |
| April 2007 | 0% | £1,066pcm |
The last sale was on 23rd June 2023 for £402,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 7 sales since 1995.
NR1 2AE has seen 1 sale in the last three years and no sales in the last twelve months.
NR1 2AE is the 191st largest and the 648th most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 2AE is Norwich station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR1 2AE, % 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 2AE, 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 2AE, 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 2AE, 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.