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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NR1 2LBHouse Prices / East of England, Norwich, Springbank
Last updated May 2026
Key Postcode Insights
NR1 2LB is a residential postcode situated on Springbank, Norwich, NR1 with 28 addresses.
It ranks as the 456th largest and 16th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
28
Properties
- Flats
Key Postcode Insights
NR1 2LB is a residential postcode situated on Springbank, Norwich, NR1 with 28 addresses.
It ranks as the 456th largest and 16th most expensive of the 674 postcodes in the NR1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 flats.
28
Properties
- Flats
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House Pricesin NR1 2LB
Sale prices range from £112,287 for 2 bedroom leasehold flats (495 ft2) to £142,909 for 2 bedroom leasehold flats (602 ft2) .
Monthly rental prices range from £741 pcm for 2 bed flats to £844 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.9%.
The average value per square foot is £224.
Average Sale Value
£118,871
Average Rental Value
£766 pcm
Average Rental Yield
7.7% /year
Average Value Per Sqft
£224 /ft2
Sales Market Trendsin NR1 2LB
The last sale in NR1 2LB sold for £125,000 on 12th September 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £118,871.
The NR1 2LB Sales Market has increased by 6.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £118,871 |
| April 2025 | -2% | £119,825 |
| April 2024 | -1.6% | £122,271 |
| April 2023 | -0.1% | £124,319 |
| April 2022 | 5.1% | £124,427 |
| April 2021 | 3.3% | £118,350 |
| April 2020 | -0.6% | £114,562 |
| April 2019 | 0.9% | £115,209 |
| April 2018 | -0.7% | £114,153 |
| April 2017 | 2.7% | £114,984 |
| April 2016 | 4.9% | £111,925 |
| April 2015 | 7.2% | £106,734 |
| April 2014 | 7.1% | £99,604 |
| April 2013 | 2.7% | £93,044 |
| April 2012 | -1.9% | £90,640 |
| April 2011 | -3.7% | £92,351 |
| April 2010 | 4.7% | £95,851 |
| April 2009 | -15.6% | £91,546 |
| April 2008 | -4.6% | £108,487 |
| April 2007 | 0% | £113,666 |
Rental Market Trendsin NR1 2LB
The current average rental value in the postcode is £766.
The NR1 2LB Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £766pcm |
| April 2025 | 2.5% | £747pcm |
| April 2024 | 9.4% | £728pcm |
| April 2023 | 6.5% | £666pcm |
| April 2022 | 5.9% | £625pcm |
| April 2021 | 6.2% | £590pcm |
| April 2020 | 2.6% | £556pcm |
| April 2019 | 0.3% | £542pcm |
| April 2018 | 1.1% | £540pcm |
| April 2017 | 0.2% | £534pcm |
| April 2016 | 3.2% | £533pcm |
| April 2015 | 2.5% | £517pcm |
| April 2014 | 0.8% | £504pcm |
| April 2013 | 0.9% | £500pcm |
| April 2012 | 1.5% | £496pcm |
| April 2011 | 2.1% | £488pcm |
| April 2010 | 1.8% | £478pcm |
| April 2009 | -9.3% | £470pcm |
| April 2008 | 0.2% | £518pcm |
| April 2007 | 0% | £517pcm |
Explore Propertiesin NR1 2LB, Springbank, Norwich, NR1
- 129, Springbank, Norwich, NR1 2LB
- 131, Springbank, Norwich, NR1 2LB
- 133, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 135, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 137, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 139, Springbank, Norwich, NR1 2LB
- 141, Springbank, Norwich, NR1 2LB
- 143, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 145, Springbank, Norwich, NR1 2LB
- 147, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 149, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 151, Springbank, Norwich, NR1 2LB
- 153, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 155, Springbank, Norwich, NR1 2LB
- 157, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 159, Springbank, Norwich, NR1 2LB
- 161, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 163, Springbank, Norwich, NR1 2LB
- 165, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 167, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 169, Springbank, Norwich, NR1 2LB
- 171, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 173, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 175, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 177, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 179, Springbank, Norwich, NR1 2LB
- 181, Springbank, Norwich, NR1 2LB2 bed mid-century flat
- 183, Springbank, Norwich, NR1 2LB
Sales Historyin NR1 2LB
The last sale was on 12th September 2025 for £125,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 22 sales since 1995.
NR1 2LB has seen 2 sales in the last three years and 2 sales in the last twelve months.
Sold Sep 2025£125,000 | 2 Bed FlatSpringbank181, Springbank, Norwich, NR1 2LB
Sold Aug 2025£120,000 | 2 Bed FlatSpringbank177, Springbank, Norwich, NR1 2LB
Sold Dec 2021£120,000 | 2 Bed FlatSpringbank137, Springbank, Norwich, NR1 2LB
Sold Jul 2020£97,500 | 2 Bed FlatSpringbank165, Springbank, Norwich, NR1 2LB
Sold Feb 2018£103,000 | 2 Bed FlatSpringbank137, Springbank, Norwich, NR1 2LB
Sold Mar 2015£79,000 | 2 Bed FlatSpringbank147, Springbank, Norwich, NR1 2LB
Sold Feb 2013£62,000 | 2 Bed FlatSpringbank161, Springbank, Norwich, NR1 2LB
Sold Mar 2012£68,000 | 2 Bed FlatSpringbank167, Springbank, Norwich, NR1 2LB
Sold Aug 2011£70,000 | 2 Bed FlatSpringbank137, Springbank, Norwich, NR1 2LB
Sold Jul 2011£70,500 | 2 Bed FlatSpringbank167, Springbank, Norwich, NR1 2LB
Sold Apr 2009£63,500 | 2 Bed FlatSpringbank165, Springbank, Norwich, NR1 2LB
Sold Aug 2006£90,000 | 2 Bed FlatSpringbank141, Springbank, Norwich, NR1 2LB
Sold Aug 2005£80,000 | 2 Bed FlatSpringbank165, Springbank, Norwich, NR1 2LB
Sold Jun 2004£84,950 | 2 Bed FlatSpringbank135, Springbank, Norwich, NR1 2LB
Sold Mar 2003£70,000 | 2 Bed FlatSpringbank135, Springbank, Norwich, NR1 2LB
Sold Jun 2002£64,000 | 2 Bed FlatSpringbank141, Springbank, Norwich, NR1 2LB
Sold Dec 2001£48,950 | 2 Bed FlatSpringbank137, Springbank, Norwich, NR1 2LB
Sold Feb 2001£34,500 | 2 Bed FlatSpringbank167, Springbank, Norwich, NR1 2LB
Sold Nov 2000£27,500 | 2 Bed FlatSpringbank147, Springbank, Norwich, NR1 2LB
Sold Aug 1999£30,750 | 2 Bed FlatSpringbank141, Springbank, Norwich, NR1 2LB
Sold Mar 1998£17,000 | 2 Bed FlatSpringbank147, Springbank, Norwich, NR1 2LB
Sold Oct 1997£27,500 | 2 Bed FlatSpringbank141, Springbank, Norwich, NR1 2LB
Nearby Postcodesto NR1 2LB
NR1 2LB is the 456th largest and the 16th most expensive postcode out of the 674 postcodes in the NR1 area.
- 57 mNR1 2LA, Birkbeck Close, Norwich, NR1NR1 2LA20 Addresses
- 74 mNR1 2JP, Long John Hill, Norwich, NR1NR1 2JP4 Addresses
- 79 mNR1 2EJ, Long John Hill, Norwich, NR1NR1 2EJ12 Addresses
- 116 mNR1 2EP, Suncroft, Norwich, NR1NR1 2EP22 Addresses
- 124 mNR1 2EL, Longmead, Norwich, NR1NR1 2EL40 Addresses
- 125 mNR1 2JN, Long John Hill, Norwich, NR1NR1 2JN13 Addresses
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Property Typesin NR1 2LB
- 16 mid-century flats built between 1936 and 1979
- 12 other addresses of unknown type
- mid-century flat (16)
- Unknown (12)
Energy Efficiencyof properties in NR1 2LB
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (12)
- G (0)
- D (4)
- No EPC (12)
Schools Nearbyto NR1 2LB
The nearest primary school to NR1 2LB is Lakenham Primary School which is 457 metres away.
- 457mLakenham Primary School
- 492mEdith Cavell Academy and Nursery
- 1.1kmTuckswood Academy
The nearest secondary school is Hewett Academy which is 770 metres away.
- 770mHewett Academy
- 1.2kmNotre Dame High School, Norwich
- 1.7kmCity of Norwich School, An Ormiston Academy
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Public Transport Nearbyto NR1 2LB
The closest station to NR1 2LB is Norwich station which is 1.7 kilometres away.
- 1.7kmNorwich
- 8.1kmBrundall Gardens
- 9.4kmSalhouse
- 9.5kmBrundall
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