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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NR1 2LZHouse Prices / East of England, South Norfolk, Railway Cottages
Last updated May 2026
Key Postcode Insights
NR1 2LZ is a residential postcode situated on Railway Cottages, Old Lakenham, Norwich, NR1 with 4 addresses.
It ranks as the 100th largest and 342nd most expensive of the 674 postcodes in the NR1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
NR1 2LZ is a residential postcode situated on Railway Cottages, Old Lakenham, Norwich, NR1 with 4 addresses.
It ranks as the 100th largest and 342nd most expensive of the 674 postcodes in the NR1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin NR1 2LZ
Sale prices range from £211,492 for 2 bedroom freehold houses with a garden (559 ft2) to £232,478 for 3 bedroom freehold houses with a garden (635 ft2) .
Monthly rental prices range from £886 pcm for 2 bed houses to £1,032 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 5.3%.
The average value per square foot is £359.
Average Sale Value
£220,994
Average Rental Value
£946 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£359 /ft2
Sales Market Trendsin NR1 2LZ
The last sale in NR1 2LZ sold for £232,000 on 2nd August 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £220,994.
The NR1 2LZ Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £220,994 |
| April 2025 | -0.8% | £222,809 |
| April 2024 | -3.2% | £224,534 |
| April 2023 | 1.4% | £231,968 |
| April 2022 | 9.1% | £228,852 |
| April 2021 | 5.3% | £209,829 |
| April 2020 | 0% | £199,275 |
| April 2019 | 1.8% | £199,356 |
| April 2018 | 1% | £195,829 |
| April 2017 | 6.1% | £193,921 |
| April 2016 | 6.7% | £182,779 |
| April 2015 | 7.9% | £171,233 |
| April 2014 | 7.7% | £158,765 |
| April 2013 | 5.6% | £147,356 |
| April 2012 | -0.1% | £139,491 |
| April 2011 | -3.4% | £139,617 |
| April 2010 | 7.7% | £144,550 |
| April 2009 | -14.3% | £134,186 |
| April 2008 | -2.7% | £156,610 |
| April 2007 | 0% | £160,986 |
Rental Market Trendsin NR1 2LZ
The current average rental value in the postcode is £946.
The NR1 2LZ Rental Market has increased by 62.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £946pcm |
| April 2025 | 4% | £922pcm |
| April 2024 | 7.6% | £887pcm |
| April 2023 | 7.6% | £824pcm |
| April 2022 | 9.8% | £766pcm |
| April 2021 | 8.4% | £697pcm |
| April 2020 | 3.1% | £644pcm |
| April 2019 | 1.3% | £624pcm |
| April 2018 | 2.4% | £616pcm |
| April 2017 | 3.5% | £602pcm |
| April 2016 | 4.7% | £581pcm |
| April 2015 | 3.7% | £555pcm |
| April 2014 | 1.7% | £535pcm |
| April 2013 | 3.7% | £527pcm |
| April 2012 | 3.6% | £508pcm |
| April 2011 | 1.8% | £490pcm |
| April 2010 | 5.3% | £482pcm |
| April 2009 | -7.7% | £458pcm |
| April 2008 | 1.4% | £496pcm |
| April 2007 | 0% | £489pcm |
Explore Propertiesin NR1 2LZ, Railway Cottages, Old Lakenham, Norwich, NR1
Sales Historyin NR1 2LZ
The last sale was on 2nd August 2024 for £232,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 7 sales since 1995.
NR1 2LZ has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Aug 2024£232,000 | 3 Bed HouseRailway Cottages2, Railway Cottages, Norwich, NR1 2LZ
Sold Sep 2023£255,000 | 3 Bed HouseRailway Cottages3, Railway Cottages, Norwich, NR1 2LZ
Sold Nov 2018£200,000 | 2 Bed HouseRailway Cottages4, Railway Cottages, Norwich, NR1 2LZ
Sold Nov 2016£181,000 | 2 Bed HouseRailway Cottages4, Railway Cottages, Norwich, NR1 2LZ
Sold Aug 2015£140,000 | 3 Bed HouseRailway Cottages2, Railway Cottages, Norwich, NR1 2LZ
Sold Jul 2010£102,000 | 3 Bed HouseRailway Cottages3, Railway Cottages, Norwich, NR1 2LZ
Sold Jan 2006£150,000 | 3 Bed HouseRailway Cottages1, Railway Cottages, Norwich, NR1 2LZ
Nearby Postcodesto NR1 2LZ
NR1 2LZ is the 100th largest and the 342nd most expensive postcode out of the 674 postcodes in the NR1 area.
- 111 mNR1 2TH, Stoke Road, Norwich, NR1NR1 2TH2 Addresses
- 126 mNR1 2LY, Long John Hill, Norwich, NR1NR1 2LY1 Addresses
- 134 mNR1 2NA, Mansfield Lane, Norwich, NR1NR1 2NA2 Addresses
- 162 mNR1 2NB, Webdell Court, Norwich, NR1NR1 2NB40 Addresses
- 204 mNR1 2NW, Old Lakenham Hall Drive, Norwich, NR1NR1 2NW36 Addresses
- 223 mNR1 2NF, Fitzgerald Road, Norwich, NR1NR1 2NF41 Addresses
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Property Typesin NR1 2LZ
- 3 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (3)
- Unknown (1)
Energy Efficiencyof properties in NR1 2LZ
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is F.
- A (0)
- E (0)
- B (0)
- F (2)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Railway Cottages
Schools Nearbyto NR1 2LZ
The nearest primary school to NR1 2LZ is Edith Cavell Academy and Nursery which is 555 metres away.
- 555mEdith Cavell Academy and Nursery
- 1.1kmLakenham Primary School
- 1.2kmTuckswood Academy
The nearest secondary school is Hewett Academy which is 1.2 kilometres away.
- 1.2kmHewett Academy
- 1.7kmUniversity Technical College Norfolk
- 1.8kmNotre Dame High School, Norwich
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Public Transport Nearbyto NR1 2LZ
The closest station to NR1 2LZ is Norwich station which is 2.3 kilometres away.
- 2.3kmNorwich
- 8.1kmBrundall Gardens
- 9.4kmBrundall
- 9.7kmSalhouse
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