NR1 2PG is a residential postcode situated on Josephine Close, Norwich, NR1 with 36 addresses.
It ranks as the 513th largest and 161st most expensive of the 674 postcodes in the NR1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 36 properties: 3 houses and 33 flats.
NR1 2PG is a residential postcode situated on Josephine Close, Norwich, NR1 with 36 addresses.
It ranks as the 513th largest and 161st most expensive of the 674 postcodes in the NR1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 36 properties: 3 houses and 33 flats.
Sale prices range from £74,994 for studio leasehold flats with a garden (172 ft2) to £232,478 for 3 bedroom freehold houses with a garden (775 ft2) .
Monthly rental prices range from £479 pcm for studio flats to £1,032 pcm for 3 bed houses.
The gross rental yield is between 5.3% and 7.8%.
The average value per square foot is £206.
The last sale in NR1 2PG sold for £108,000 on 19th November 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £152,728.
The NR1 2PG Sales Market has increased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £152,728 |
| April 2025 | -1.5% | £154,112 |
| April 2024 | -2.2% | £156,536 |
| April 2023 | 0.9% | £160,108 |
| April 2022 | 5.9% | £158,710 |
| April 2021 | 3.8% | £149,828 |
| April 2020 | -0.1% | £144,341 |
| April 2019 | 1.7% | £144,440 |
| April 2018 | 0.4% | £142,058 |
| April 2017 | 2.7% | £141,512 |
| April 2016 | 5.3% | £137,730 |
| April 2015 | 7.1% | £130,798 |
| April 2014 | 7.3% | £122,165 |
| April 2013 | 3.8% | £113,806 |
| April 2012 | -1.2% | £109,595 |
| April 2011 | -2.9% | £110,981 |
| April 2010 | 6% | £114,306 |
| April 2009 | -14.9% | £107,786 |
| April 2008 | -3.5% | £126,647 |
| April 2007 | 0% | £131,296 |
The current average rental value in the postcode is £883.
The NR1 2PG Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £883pcm |
| April 2025 | 2.9% | £861pcm |
| April 2024 | 9.1% | £837pcm |
| April 2023 | 6.7% | £768pcm |
| April 2022 | 6.8% | £720pcm |
| April 2021 | 7.3% | £674pcm |
| April 2020 | 2.8% | £628pcm |
| April 2019 | 1.1% | £611pcm |
| April 2018 | 1.4% | £604pcm |
| April 2017 | 1.1% | £596pcm |
| April 2016 | 3.2% | £590pcm |
| April 2015 | 2.6% | £571pcm |
| April 2014 | 1.5% | £557pcm |
| April 2013 | 1.9% | £549pcm |
| April 2012 | 2.1% | £539pcm |
| April 2011 | 2.3% | £527pcm |
| April 2010 | 2.8% | £515pcm |
| April 2009 | -8.7% | £501pcm |
| April 2008 | 0.6% | £549pcm |
| April 2007 | 0% | £546pcm |
The last sale was on 19th November 2025 for £108,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 50 sales since 1995.
NR1 2PG has seen 3 sales in the last three years and 1 sale in the last twelve months.
NR1 2PG is the 513th largest and the 161st most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 2PG is Norwich station which is 1.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR1 2PG, 50.0% of property is privately owned outright and 29.4% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR1 2PG, 14.6% of residents are recorded as possessing school level qualifications and 48.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR1 2PG, the average age was 41 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR1 2PG, 1.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR1 2PG, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.