NR1 4LZ is a residential postcode situated on Borrowdale Drive, Norwich, NR1 with 28 addresses.
It ranks as the 461st largest and 453rd most expensive of the 674 postcodes in the NR1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
NR1 4LZ is a residential postcode situated on Borrowdale Drive, Norwich, NR1 with 28 addresses.
It ranks as the 461st largest and 453rd most expensive of the 674 postcodes in the NR1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
Sale prices range from £202,326 for 3 bedroom freehold houses with a garden (759 ft2) to £273,999 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £976 pcm for 3 bed houses to £1,235 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 5.8%.
The average value per square foot is £281.
The last sale in NR1 4LZ sold for £242,500 on 16th May 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £239,991.
The NR1 4LZ Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £239,991 |
| April 2025 | 1.1% | £242,110 |
| April 2024 | -2.6% | £239,363 |
| April 2023 | 1.9% | £245,736 |
| April 2022 | 12.4% | £241,146 |
| April 2021 | 4.7% | £214,613 |
| April 2020 | 1.4% | £204,950 |
| April 2019 | 1.5% | £202,076 |
| April 2018 | 2.6% | £199,185 |
| April 2017 | 6.3% | £194,106 |
| April 2016 | 7.7% | £182,586 |
| April 2015 | 6.2% | £169,526 |
| April 2014 | 10.2% | £159,589 |
| April 2013 | 4.1% | £144,868 |
| April 2012 | 2.1% | £139,115 |
| April 2011 | -3.2% | £136,198 |
| April 2010 | 9.6% | £140,669 |
| April 2009 | -16.2% | £128,366 |
| April 2008 | -2% | £153,200 |
| April 2007 | 0% | £156,357 |
The current average rental value in the postcode is £1,118.
The NR1 4LZ Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,118pcm |
| April 2025 | 3.5% | £1,092pcm |
| April 2024 | 8.1% | £1,055pcm |
| April 2023 | 8.5% | £976pcm |
| April 2022 | 9.4% | £900pcm |
| April 2021 | 7.8% | £823pcm |
| April 2020 | 3.4% | £763pcm |
| April 2019 | 0.9% | £738pcm |
| April 2018 | 2.3% | £731pcm |
| April 2017 | 3.4% | £715pcm |
| April 2016 | 5.3% | £691pcm |
| April 2015 | 3% | £656pcm |
| April 2014 | 1.8% | £637pcm |
| April 2013 | 4.5% | £626pcm |
| April 2012 | 3.1% | £599pcm |
| April 2011 | 2.2% | £581pcm |
| April 2010 | 5.5% | £568pcm |
| April 2009 | -7.3% | £539pcm |
| April 2008 | 1.3% | £581pcm |
| April 2007 | 0% | £573pcm |
The last sale was on 16th May 2025 for £242,500 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 35 sales since 1995.
NR1 4LZ has seen 3 sales in the last three years and no sales in the last twelve months.
NR1 4LZ is the 461st largest and the 453rd most expensive postcode out of the 674 postcodes in the NR1 area.
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The closest station to NR1 4LZ is Norwich station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around NR1 4LZ, % of property is and % is .
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 4LZ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 4LZ, 0.0% 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 4LZ, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
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