Springbank - NR1 2LH
Key Postcode Insights
NR1 2LH is a residential postcode situated on Springbank, Norwich, NR1 with 64 addresses.
It ranks as the 637th largest and 27th 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 64 properties: 64 flats.
- Ave. Sale Price
- £121,189
- 10 Year change
- up 3.3%
- Ave. Rental Price
- £783pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £192/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Postcode Insights
NR1 2LH is a residential postcode situated on Springbank, Norwich, NR1 with 64 addresses.
It ranks as the 637th largest and 27th 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 64 properties: 64 flats.
- Ave. Sale Price
- £121,189
- 10 Year change
- up 3.3%
- Ave. Rental Price
- £783pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £192/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertiesin NR1 2LH
- 1 Springbank
1 Bed Mid-century Flat
- 3 Springbank
Unknown
- 5 Springbank
1 Bed Mid-century Flat
- 7 Springbank
2 Bed Mid-century Flat
- 9 Springbank
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NR1 2LH sold for £135,000 on 24th February 2026. Since then prices are down an average of 0.7%.
The current average value in the postcode is £121,189.
The NR1 2LH Sales Market has increased by 3.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £121,189 |
| June 2025 | -2.4% | £124,175 |
| June 2024 | -0.5% | £127,263 |
| June 2023 | -1.6% | £127,906 |
| June 2022 | 5.3% | £129,931 |
| June 2021 | 2.9% | £123,343 |
| June 2020 | 0.4% | £119,922 |
| June 2019 | 1% | £119,438 |
| June 2018 | 0% | £118,229 |
| June 2017 | 0.9% | £118,273 |
| June 2016 | 5% | £117,262 |
| June 2015 | 7.3% | £111,679 |
| June 2014 | 7.6% | £104,077 |
| June 2013 | 3.3% | £96,737 |
| June 2012 | -1.7% | £93,614 |
| June 2011 | -4.4% | £95,229 |
| June 2010 | 5.7% | £99,586 |
| June 2009 | -13.3% | £94,246 |
| June 2008 | -8.4% | £108,709 |
| June 2007 | 0% | £118,614 |
Rental Market Trends
The current average rental value in the postcode is £783.
The NR1 2LH Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £783pcm |
| June 2025 | 1.8% | £760pcm |
| June 2024 | 8.7% | £746pcm |
| June 2023 | 7% | £686pcm |
| June 2022 | 6.3% | £641pcm |
| June 2021 | 5.7% | £603pcm |
| June 2020 | 3.3% | £570pcm |
| June 2019 | 0.7% | £552pcm |
| June 2018 | 0.7% | £548pcm |
| June 2017 | 0% | £545pcm |
| June 2016 | 3.4% | £545pcm |
| June 2015 | 2.4% | £527pcm |
| June 2014 | 1.2% | £515pcm |
| June 2013 | 1.5% | £509pcm |
| June 2012 | 1.4% | £501pcm |
| June 2011 | 1.3% | £494pcm |
| June 2010 | 2.5% | £488pcm |
| June 2009 | -9.1% | £476pcm |
| June 2008 | -1.2% | £523pcm |
| June 2007 | 0% | £530pcm |
Sales History
The last sale was on 24th February 2026 for £135,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 57 sales since 1995.
NR1 2LH has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£135,000 | 2 Bed Flat51, Springbank, Norwich, NR1 2LH51, Springbank, Norwich, NR1 2LH
- Sold Oct 2025£126,000 | 2 Bed Flat109, Springbank, Norwich, NR1 2LH109, Springbank, Norwich, NR1 2LH
- Sold Nov 2024£147,000 | 2 Bed Flat127, Springbank, Norwich, NR1 2LH127, Springbank, Norwich, NR1 2LH
- Sold Aug 2024£135,000 | 2 Bed Flat121, Springbank, Norwich, NR1 2LH121, Springbank, Norwich, NR1 2LH
- Sold Aug 2022£140,000 | 2 Bed Flat83, Springbank, Norwich, NR1 2LH83, Springbank, Norwich, NR1 2LH
Nearby Postcodes
NR1 2LH is the 637th largest and the 27th most expensive postcode out of the 673 postcodes in the NR1 area.
- NR1 2LJ, Springbank, Norwich, NR1NR1 2LJ26 Addresses|56 m away
- NR1 2JZ, Birkbeck Road, Norwich, NR1NR1 2JZ36 Addresses|78 m away
- NR1 2LA, Birkbeck Close, Norwich, NR1NR1 2LA20 Addresses|91 m away
- NR1 2LL, Cavell Road, Norwich, NR1NR1 2LL63 Addresses|126 m away
- NR1 2LB, Springbank, Norwich, NR1NR1 2LB28 Addresses|135 m away
Property Types
- 1 modern flat built after 1980
- 54 mid-century flats built between 1936 and 1979
- 2 flats of an unknown age
- 7 other addresses of unknown type
- modern flat (1)
- mid-century flat (54)
- flat (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 55 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (36)
- G (0)
- D (15)
- No EPC (9)
Top 3 Most Expensive Sales
Schools Nearby
- Edith Cavell Academy and Nursery400 m away
- Lakenham Primary School500 m away
- Tuckswood Academy1.0 km away
- Hewett Academy600 m away
- Notre Dame High School, Norwich1.2 km away
- City of Norwich School, An Ormiston Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to NR1 2LH is Norwich station, which is 1.8 kilometres away.
- Norwich|1.8 km away
- Brundall Gardens|8.3 km away
- Salhouse|9.5 km away
- Brundall|9.6 km away
