Lakenfields - NR1 2HB
Key Postcode Insights
NR1 2HB is a residential postcode situated on Lakenfields, Norwich, NR1 with 55 addresses.
It ranks as the 617th largest and 14th most expensive of the 673 postcodes in the NR1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 15 houses and 40 flats.
- Ave. Sale Price
- £146,436
- 10 Year change
- up 9.5%
- Ave. Rental Price
- £719pcm
- 10 Year change
- up 53.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
NR1 2HB is a residential postcode situated on Lakenfields, Norwich, NR1 with 55 addresses.
It ranks as the 617th largest and 14th most expensive of the 673 postcodes in the NR1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 55 properties: 15 houses and 40 flats.
- Ave. Sale Price
- £146,436
- 10 Year change
- up 9.5%
- Ave. Rental Price
- £719pcm
- 10 Year change
- up 53.3%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin NR1 2HB
- 1 Lakenfields
3 Bed Mid-century House
- 2 Lakenfields
Unknown
- 3 Lakenfields
3 Bed Early-century House
- 4 Lakenfields
3 Bed Mid-century House
- 5 Lakenfields
4 Bed Mid-century House
Sales Market Trends
The last sale in NR1 2HB sold for £333,000 on 24th October 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £146,436.
The NR1 2HB Sales Market has increased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £146,436 |
| June 2025 | -1.6% | £150,153 |
| June 2024 | -0.7% | £152,570 |
| June 2023 | -1.9% | £153,627 |
| June 2022 | 7.7% | £156,636 |
| June 2021 | 4.3% | £145,465 |
| June 2020 | -0.2% | £139,416 |
| June 2019 | 1.2% | £139,676 |
| June 2018 | 0.3% | £137,993 |
| June 2017 | 2.9% | £137,590 |
| June 2016 | 5.6% | £133,712 |
| June 2015 | 7.8% | £126,588 |
| June 2014 | 8.2% | £117,453 |
| June 2013 | 4% | £108,506 |
| June 2012 | -1.2% | £104,298 |
| June 2011 | -4.3% | £105,549 |
| June 2010 | 8% | £110,317 |
| June 2009 | -11.5% | £102,136 |
| June 2008 | -8.3% | £115,365 |
| June 2007 | 0% | £125,872 |
Rental Market Trends
The current average rental value in the postcode is £719.
The NR1 2HB Rental Market has increased by 53.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £719pcm |
| June 2025 | 2.8% | £698pcm |
| June 2024 | 8.4% | £679pcm |
| June 2023 | 7.6% | £627pcm |
| June 2022 | 8.5% | £583pcm |
| June 2021 | 6.7% | £537pcm |
| June 2020 | 3.3% | £503pcm |
| June 2019 | 0.6% | £487pcm |
| June 2018 | 1.7% | £484pcm |
| June 2017 | 1.5% | £476pcm |
| June 2016 | 4.4% | £469pcm |
| June 2015 | 2.8% | £450pcm |
| June 2014 | 1.1% | £437pcm |
| June 2013 | 2.4% | £433pcm |
| June 2012 | 1.9% | £423pcm |
| June 2011 | 2% | £415pcm |
| June 2010 | 4.9% | £406pcm |
| June 2009 | -7% | £387pcm |
| June 2008 | -0.2% | £417pcm |
| June 2007 | 0% | £418pcm |
Sales History
The last sale was on 24th October 2025 for £333,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 15 sales since 1995.
NR1 2HB has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£333,000 | 3 Bed House49, Lakenfields, Norwich, NR1 2HB49, Lakenfields, Norwich, NR1 2HB
- Sold Aug 2024£262,000 | 3 Bed House12, Lakenfields, Norwich, NR1 2HB12, Lakenfields, Norwich, NR1 2HB
- Sold Feb 2024£210,000 | 3 Bed House3, Lakenfields, Norwich, NR1 2HB3, Lakenfields, Norwich, NR1 2HB
- Sold May 2019£195,000 | 3 Bed House8, Lakenfields, Norwich, NR1 2HB8, Lakenfields, Norwich, NR1 2HB
- Sold Jun 2016£230,000 | 3 Bed House6, Lakenfields, Norwich, NR1 2HB6, Lakenfields, Norwich, NR1 2HB
Nearby Postcodes
NR1 2HB is the 617th largest and the 14th most expensive postcode out of the 673 postcodes in the NR1 area.
- NR1 2HA, Lakenfields, Norwich, NR1NR1 2HA34 Addresses|108 m away
- NR1 2DG, Harriet Court, Norwich, NR1NR1 2DG41 Addresses|116 m away
- NR1 2JF, Netherwood Green, Norwich, NR1NR1 2JF53 Addresses|144 m away
- NR1 2ET, Sunny Hill, Norwich, NR1NR1 2ET26 Addresses|149 m away
- NR1 2EY, Stratford Drive, Norwich, NR1NR1 2EY27 Addresses|175 m away
Property Types
- 7 modern flats built after 1980
- 7 mid-century houses built between 1936 and 1979
- 33 mid-century flats built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern flat (7)
- mid-century house (7)
- mid-century flat (33)
- early-century house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 50 properties.
- The most common rating is E.
- A (0)
- E (30)
- B (4)
- F (0)
- C (7)
- G (0)
- D (9)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Oct 2025£333,000 | 3 Bed House49, Lakenfields, Norwich, NR1 2HB49, Lakenfields, Norwich, NR1 2HB
- Sold Aug 2024£262,000 | 3 Bed House12, Lakenfields, Norwich, NR1 2HB12, Lakenfields, Norwich, NR1 2HB
- Sold Feb 2025£261,000 | 3 Bed House83, Lakenfields, Norwich, NR1 2HA83, Lakenfields, Norwich, NR1 2HA
Schools Nearby
- Lakenham Primary School300 m away
- Edith Cavell Academy and Nursery800 m away
- Trowse Primary School1.1 km away
- Hewett Academy900 m away
- Notre Dame High School, Norwich1.0 km away
- City of Norwich School, An Ormiston Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to NR1 2HB is Norwich station, which is 1.5 kilometres away.
- Norwich|1.5 km away
- Brundall Gardens|7.9 km away
- Salhouse|9.1 km away
- Brundall|9.3 km away
