NR11 7LY is a residential postcode situated on Wolterton, Norwich, NR11 with 12 addresses.
It ranks as the 483rd largest and 55th most expensive of the 763 postcodes in the NR11 area.
The postcode contains a total of 12 properties: 2 houses and 10 flats.
NR11 7LY is a residential postcode situated on Wolterton, Norwich, NR11 with 12 addresses.
It ranks as the 483rd largest and 55th most expensive of the 763 postcodes in the NR11 area.
The postcode contains a total of 12 properties: 2 houses and 10 flats.
Sale prices range from £214,164 for 3 bedroom Leasehold flats (1,080 ft2) to £1,097,045 for 5 bedroom freehold houses with a garden (2,443 ft2) .
Monthly rental prices range from £1,025 pcm for 3 bed flats to £3,222 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 5.7%.
The average value per square foot is £198.
The last sale in NR11 7LY sold for £1,250,000 on 28th September 2022. Since then prices are down an average of 6.6%.
The current average value in the postcode is £340,791.
The NR11 7LY Sales Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £340,791 |
| April 2025 | -2.6% | £349,811 |
| April 2024 | -1.3% | £359,086 |
| April 2023 | 3.1% | £363,918 |
| April 2022 | 9.6% | £352,940 |
| April 2021 | 8% | £321,890 |
| April 2020 | 0.8% | £298,034 |
| April 2019 | 4.9% | £295,693 |
| April 2018 | 4.4% | £281,799 |
| April 2017 | 3% | £269,874 |
| April 2016 | 8.1% | £261,951 |
| April 2015 | 7.9% | £242,249 |
| April 2014 | 2.4% | £224,539 |
| April 2013 | 3% | £219,274 |
| April 2012 | -1.5% | £212,946 |
| April 2011 | 2.4% | £216,187 |
| April 2010 | 7.1% | £211,177 |
| April 2009 | -11% | £197,225 |
| April 2008 | -0.6% | £221,483 |
| April 2007 | 0% | £222,804 |
The current average rental value in the postcode is £1,325.
The NR11 7LY Rental Market has increased by 57.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,325pcm |
| April 2025 | 5.8% | £1,294pcm |
| April 2024 | 6.3% | £1,223pcm |
| April 2023 | 7.8% | £1,151pcm |
| April 2022 | 8.6% | £1,068pcm |
| April 2021 | 7.4% | £983pcm |
| April 2020 | 2.3% | £916pcm |
| April 2019 | 1.3% | £895pcm |
| April 2018 | 0.1% | £883pcm |
| April 2017 | 4.8% | £882pcm |
| April 2016 | 3.2% | £842pcm |
| April 2015 | 2.6% | £816pcm |
| April 2014 | 2.7% | £795pcm |
| April 2013 | 3% | £774pcm |
| April 2012 | 1.8% | £752pcm |
| April 2011 | 3.1% | £738pcm |
| April 2010 | 4.3% | £716pcm |
| April 2009 | -7.1% | £686pcm |
| April 2008 | 1.6% | £738pcm |
| April 2007 | 0% | £726pcm |
The last sale was on 28th September 2022 for £1,250,000 and since then the market in the area has decreased by 6.6%. The postcode has had a total of 2 sales since 1995.
NR11 7LY has seen no sales in the last three years and no sales in the last twelve months.
NR11 7LY is the 483rd largest and the 55th most expensive postcode out of the 763 postcodes in the NR11 area.
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The closest station to NR11 7LY is Gunton station which is 9.6 kilometres away.
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