King Street - NR1 2BU
Key Postcode Insights
NR1 2BU is a residential postcode situated on King Street, Norwich, NR1 with 49 addresses.
It ranks as the 592nd largest and 370th most expensive of the 673 postcodes in the NR1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 49 properties: 10 houses and 39 flats.
- Ave. Sale Price
- £228,083
- 10 Year change
- up 3.8%
- Ave. Rental Price
- £1,004pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NR1 2BU is a residential postcode situated on King Street, Norwich, NR1 with 49 addresses.
It ranks as the 592nd largest and 370th most expensive of the 673 postcodes in the NR1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 49 properties: 10 houses and 39 flats.
- Ave. Sale Price
- £228,083
- 10 Year change
- up 3.8%
- Ave. Rental Price
- £1,004pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin NR1 2BU
- Albion Mill
Modern Building | 38 Units
- 230 King Street
3 Bed Period House
- 232 King Street
3 Bed Period House
- 234 King Street
House
- 236 King Street
3 Bed Period House
Sales Market Trends
The last sale in NR1 2BU sold for £165,000 on 13th February 2026. Since then prices are down an average of 1.0%.
The current average value in the postcode is £228,083.
The NR1 2BU Sales Market has increased by 3.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £228,083 |
| June 2025 | -2.2% | £233,987 |
| June 2024 | -0.1% | £239,256 |
| June 2023 | -2.8% | £239,613 |
| June 2022 | 6.6% | £246,464 |
| June 2021 | 2.9% | £231,201 |
| June 2020 | -1.2% | £224,633 |
| June 2019 | 1.7% | £227,357 |
| June 2018 | -0.1% | £223,551 |
| June 2017 | 1.8% | £223,676 |
| June 2016 | 4.1% | £219,690 |
| June 2015 | 7% | £210,954 |
| June 2014 | 8.8% | £197,073 |
| June 2013 | 3.6% | £181,125 |
| June 2012 | -1% | £174,907 |
| June 2011 | -4.5% | £176,632 |
| June 2010 | 6.7% | £184,962 |
| June 2009 | -12.9% | £173,414 |
| June 2008 | -8.5% | £198,987 |
| June 2007 | 0% | £217,562 |
Rental Market Trends
The current average rental value in the postcode is £1,004.
The NR1 2BU Rental Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,004pcm |
| June 2025 | 2.2% | £974pcm |
| June 2024 | 8.9% | £953pcm |
| June 2023 | 7% | £876pcm |
| June 2022 | 7.4% | £818pcm |
| June 2021 | 5% | £762pcm |
| June 2020 | 2.6% | £726pcm |
| June 2019 | 1% | £707pcm |
| June 2018 | 1.7% | £701pcm |
| June 2017 | 0.2% | £689pcm |
| June 2016 | 3% | £688pcm |
| June 2015 | 2.1% | £668pcm |
| June 2014 | 1.4% | £654pcm |
| June 2013 | 2% | £645pcm |
| June 2012 | 2.2% | £633pcm |
| June 2011 | 2.1% | £619pcm |
| June 2010 | 3.7% | £606pcm |
| June 2009 | -8.5% | £585pcm |
| June 2008 | -0.1% | £639pcm |
| June 2007 | 0% | £640pcm |
Sales History
The last sale was on 13th February 2026 for £165,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 75 sales since 1995.
NR1 2BU has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£165,000 | 2 Bed FlatApartment 103, Albion Mill, King Street, Norwich, NR1 2BUApartment 103, Albion Mill, King Street, Norwich, NR1 2BU
- Sold Oct 2025£310,000 | 3 Bed FlatApartment 402, Albion Mill, King Street, Norwich, NR1 2BUApartment 402, Albion Mill, King Street, Norwich, NR1 2BU
- Sold Jun 2025£239,000 | 3 Bed House230, King Street, Norwich, NR1 2BU230, King Street, Norwich, NR1 2BU
- Sold Jun 2025£235,000 | 3 Bed House232, King Street, Norwich, NR1 2BU232, King Street, Norwich, NR1 2BU
- Sold Jan 2024£180,000 | 2 Bed FlatApartment 207, Albion Mill, King Street, Norwich, NR1 2BUApartment 207, Albion Mill, King Street, Norwich, NR1 2BU
Nearby Postcodes
NR1 2BU is the 592nd largest and the 370th most expensive postcode out of the 673 postcodes in the NR1 area.
- NR1 2FF, King Street, Norwich, NR1NR1 2FF5 Addresses|28 m away
- NR1 2TF, King Street, Norwich, NR1NR1 2TF14 Addresses|34 m away
- NR1 2TL, King Street, Norwich, NR1NR1 2TL33 Addresses|62 m away
- NR1 2FG, King Street, Norwich, NR1NR1 2FG42 Addresses|69 m away
- NR1 1XG, Wherry Road, Norwich, NR1NR1 1XG66 Addresses|94 m away
Property Types
- 8 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 38 modern flats built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- period house (8)
- period flat (1)
- modern flat (38)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 43 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (15)
- F (0)
- C (21)
- G (0)
- D (7)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Sep 2021£2,250,000 | 2 Bed HouseCarrow House, King Street, Norwich, NR1 2TGCarrow House, King Street, Norwich, NR1 2TG
- Sold Jul 2021£1,495,000 | 3 Bed HouseSwan Yard 72A, King Street, Norwich, NR1 1PGSwan Yard 72A, King Street, Norwich, NR1 1PG
- Sold Jul 2021£1,495,000 | 3 Bed HouseSwan Yard 70D, King Street, Norwich, NR1 1PGSwan Yard 70D, King Street, Norwich, NR1 1PG
Schools Nearby
- Charles Darwin Primary School700 m away
- Lakenham Primary School700 m away
- The Free School Norwich800 m away
- Notre Dame High School, Norwich600 m away
- Hewett Academy1.4 km away
- Jane Austen College1.5 km away
More reading links
Public Transport Nearby
The closest station to NR1 2BU is Norwich station, which is 600 metres away.
- Norwich|600 m away
- Brundall Gardens|7.7 km away
- Salhouse|8.3 km away
- Brundall|9.1 km away
