Paper Mill Yard - NR1 2GE
Key Postcode Insights
NR1 2GE is a residential postcode situated on Paper Mill Yard, Norwich, NR1 with 104 addresses.
It ranks as the 438th largest of the 673 postcodes in the NR1 area.
The postcode contains a total of 104 properties: 27 flats and 77 other properties.
- Ave. Sale Price
- £193,079
- 10 Year change
- down 0.4%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 40.0%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
NR1 2GE is a residential postcode situated on Paper Mill Yard, Norwich, NR1 with 104 addresses.
It ranks as the 438th largest of the 673 postcodes in the NR1 area.
The postcode contains a total of 104 properties: 27 flats and 77 other properties.
- Ave. Sale Price
- £193,079
- 10 Year change
- down 0.4%
- Ave. Rental Price
- £921pcm
- 10 Year change
- up 40.0%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin NR1 2GE
- 1 Paper Mill Yard
Building | 4 Flats
- 2 Paper Mill Yard
Building | 4 Flats
- 3 Paper Mill Yard
Building | 4 Flats
- 4 Paper Mill Yard
Building | 4 Flats
- 5 Paper Mill Yard
Building | 4 Flats
Sales Market Trends
The last sale in NR1 2GE sold for £225,000 on 26th May 2023. Since then prices are down an average of 6.0%.
The current average value in the postcode is £193,079.
The NR1 2GE Sales Market has decreased by 0.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £193,079 |
| June 2025 | -2.7% | £198,659 |
| June 2024 | 0.1% | £204,273 |
| June 2023 | -2.9% | £204,155 |
| June 2022 | 5.6% | £210,351 |
| June 2021 | 2.1% | £199,272 |
| June 2020 | -1.3% | £195,208 |
| June 2019 | 1.8% | £197,804 |
| June 2018 | -0.6% | £194,287 |
| June 2017 | 0.9% | £195,497 |
| June 2016 | 3.6% | £193,777 |
| June 2015 | 7% | £187,067 |
| June 2014 | 8.7% | £174,804 |
| June 2013 | 3.3% | £160,783 |
| June 2012 | -1.2% | £155,631 |
| June 2011 | -4.5% | £157,531 |
| June 2010 | 6.1% | £164,991 |
| June 2009 | -13.3% | £155,446 |
| June 2008 | -8.4% | £179,236 |
| June 2007 | 0% | £195,675 |
Rental Market Trends
The current average rental value in the postcode is £921.
The NR1 2GE Rental Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £921pcm |
| June 2025 | 1.6% | £896pcm |
| June 2024 | 9.1% | £882pcm |
| June 2023 | 6.8% | £808pcm |
| June 2022 | 6.3% | £757pcm |
| June 2021 | 4.1% | £712pcm |
| June 2020 | 2.5% | £683pcm |
| June 2019 | 1.1% | £667pcm |
| June 2018 | 1.1% | £660pcm |
| June 2017 | -0.7% | £653pcm |
| June 2016 | 2.5% | £658pcm |
| June 2015 | 2.1% | £642pcm |
| June 2014 | 1.3% | £629pcm |
| June 2013 | 1.7% | £621pcm |
| June 2012 | 2% | £610pcm |
| June 2011 | 2.1% | £598pcm |
| June 2010 | 3.2% | £586pcm |
| June 2009 | -8.9% | £568pcm |
| June 2008 | 0% | £624pcm |
| June 2007 | 0% | £624pcm |
Sales History
The last sale was on 26th May 2023 for £225,000 and since then the market in the area has decreased by 6.0%. The postcode has had a total of 46 sales since 1995.
NR1 2GE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2023£225,000 | 3 Bed Flat1 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE1 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE
- Sold Jan 2023£165,000 | 2 Bed Flat19 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE19 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE
- Sold Oct 2022£235,000 | 2 Bed Flat11 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE11 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE
- Sold Jun 2022£222,000 | 2 Bed Flat7 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE7 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE
- Sold Jun 2022£201,000 | 3 Bed Flat4 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE4 Old Mustard Mill, Paper Mill Yard, Norwich, NR1 2GE
Nearby Postcodes
NR1 2GE is the 438th largest and the 272nd most expensive postcode out of the 673 postcodes in the NR1 area.
- NR1 2GA, Paper Mill Yard, Norwich, NR1NR1 2GA23 Addresses|0 m away
- NR1 2GD, Paper Mill Yard, Norwich, NR1NR1 2GD36 Addresses|0 m away
- NR1 2GG, Paper Mill Yard, Norwich, NR1NR1 2GG94 Addresses|32 m away
- NR1 2BT, Carrow Road, Norwich, NR1NR1 2BT1 Addresses|77 m away
- NR1 2BL, King Street, Norwich, NR1NR1 2BL30 Addresses|92 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (16)
- G (0)
- D (9)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2015£7,785,286 | 2 Bed Flat2 Blue Mill, Paper Mill Yard, Norwich, NR1 2GG2 Blue Mill, Paper Mill Yard, Norwich, NR1 2GG
- Sold Jul 2009£329,897 | 3 Bed Flat36 Granary View, Paper Mill Yard, Norwich, NR1 2GD36 Granary View, Paper Mill Yard, Norwich, NR1 2GD
- Sold Mar 2022£310,000 | 3 Bed Flat91 Blue Mill, Paper Mill Yard, Norwich, NR1 2GG91 Blue Mill, Paper Mill Yard, Norwich, NR1 2GG
Schools Nearby
- Lakenham Primary School700 m away
- Charles Darwin Primary School900 m away
- The Free School Norwich900 m away
- Notre Dame High School, Norwich700 m away
- Hewett Academy1.4 km away
- Jane Austen College1.6 km away
More reading links
Public Transport Nearby
The closest station to NR1 2GE is Norwich station, which is 700 metres away.
- Norwich|700 m away
- Brundall Gardens|7.6 km away
- Salhouse|8.4 km away
- Brundall|8.9 km away