Water Lane - NR11 8LB
Key Postcode Insights
NR11 8LB is a residential postcode situated on Water Lane, Mundesley, Norwich, NR11 with 9 addresses.
It ranks as the 410th largest and 682nd most expensive of the 763 postcodes in the NR11 area.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £619,902
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,848pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
NR11 8LB is a residential postcode situated on Water Lane, Mundesley, Norwich, NR11 with 9 addresses.
It ranks as the 410th largest and 682nd most expensive of the 763 postcodes in the NR11 area.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £619,902
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,848pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin NR11 8LB
- Alleysville
3 Bed House
- Beckside Barn
Unknown
- Fourways
Unknown
- Mundesley Beck House
5 Bed Period House
- The Lodge
Unknown
Sales Market Trends
The last sale in NR11 8LB sold for £635,000 on 27th February 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £619,902.
The NR11 8LB Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £619,902 |
| June 2025 | -0.3% | £632,842 |
| June 2024 | -3% | £634,994 |
| June 2023 | -1.1% | £654,614 |
| June 2022 | 16.8% | £661,751 |
| June 2021 | 6.5% | £566,395 |
| June 2020 | 1.1% | £531,938 |
| June 2019 | 1.9% | £526,373 |
| June 2018 | 3.7% | £516,517 |
| June 2017 | 7.8% | £498,087 |
| June 2016 | 9.3% | £462,180 |
| June 2015 | 5.3% | £422,730 |
| June 2014 | 6.2% | £401,381 |
| June 2013 | 2.9% | £377,859 |
| June 2012 | 1% | £367,097 |
| June 2011 | -1.5% | £363,381 |
| June 2010 | 9.5% | £369,094 |
| June 2009 | -11.6% | £337,102 |
| June 2008 | -1.1% | £381,231 |
| June 2007 | 0% | £385,497 |
Rental Market Trends
The current average rental value in the postcode is £1,848.
The NR11 8LB Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,848pcm |
| June 2025 | 3.8% | £1,792pcm |
| June 2024 | 6.7% | £1,727pcm |
| June 2023 | 4.3% | £1,619pcm |
| June 2022 | 13.6% | £1,552pcm |
| June 2021 | 7.6% | £1,366pcm |
| June 2020 | 1.7% | £1,270pcm |
| June 2019 | -3.3% | £1,248pcm |
| June 2018 | 2.3% | £1,290pcm |
| June 2017 | 5.9% | £1,261pcm |
| June 2016 | 2.6% | £1,191pcm |
| June 2015 | 3.9% | £1,160pcm |
| June 2014 | 2.7% | £1,117pcm |
| June 2013 | -2% | £1,088pcm |
| June 2012 | -2.6% | £1,110pcm |
| June 2011 | 11.3% | £1,139pcm |
| June 2010 | 10.6% | £1,024pcm |
| June 2009 | -14.5% | £926pcm |
| June 2008 | -4.4% | £1,084pcm |
| June 2007 | 0% | £1,133pcm |
Sales History
The last sale was on 27th February 2026 for £635,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 8 sales since 1995.
NR11 8LB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£635,000 | 5 Bed HouseThe Willows, Water Lane, Norwich, NR11 8LBThe Willows, Water Lane, Norwich, NR11 8LB
- Sold Aug 2023£1,125,000 | 5 Bed HouseMundesley Beck House, Water Lane, Norwich, NR11 8LBMundesley Beck House, Water Lane, Norwich, NR11 8LB
- Sold May 2020£522,000 | 4 Bed HouseWaterside Lodge, Water Lane, Norwich, NR11 8LBWaterside Lodge, Water Lane, Norwich, NR11 8LB
- Sold Oct 2012£350,000 | 4 Bed HouseWaterside Lodge, Water Lane, Norwich, NR11 8LBWaterside Lodge, Water Lane, Norwich, NR11 8LB
- Sold Sep 2007£247,000 | 3 Bed HouseAlleysville, Water Lane, Norwich, NR11 8LBAlleysville, Water Lane, Norwich, NR11 8LB
Nearby Postcodes
NR11 8LB is the 410th largest and the 682nd most expensive postcode out of the 763 postcodes in the NR11 area.
- NR11 8QB, Windmill Green, Mundesley, Norwich, NR11NR11 8QB11 Addresses|56 m away
- NR11 8JT, High Street, Mundesley, Norwich, NR11NR11 8JT3 Addresses|117 m away
- NR11 8QH, Rookery Close, Mundesley, Norwich, NR11NR11 8QH20 Addresses|129 m away
- NR11 8QL, Beck Close, Mundesley, Norwich, NR11NR11 8QL13 Addresses|156 m away
- NR11 8JL, High Street, Mundesley, Norwich, NR11NR11 8JL54 Addresses|211 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (1)
- modern house (2)
- mid-century house (1)
- house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (1)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2023£1,125,000 | 5 Bed HouseMundesley Beck House, Water Lane, Norwich, NR11 8LBMundesley Beck House, Water Lane, Norwich, NR11 8LB
- Sold Sep 2022£660,000 | 5 Bed HouseFrampton, Water Lane, Norwich, NR11 8BSFrampton, Water Lane, Norwich, NR11 8BS
- Sold Feb 2026£635,000 | 5 Bed HouseThe Willows, Water Lane, Norwich, NR11 8LBThe Willows, Water Lane, Norwich, NR11 8LB
Schools Nearby
- Mundesley Infant School400 m away
- Mundesley Junior School400 m away
- Bacton Primary School4.2 km away
- North Walsham High School6.7 km away
- Cromer Academy10.4 km away
- Stalham High School12.4 km away
More reading links
Public Transport Nearby
The closest station to NR11 8LB is Gunton station, which is 5.8 kilometres away.
- Gunton|5.8 km away
- North Walsham|7.0 km away
- Roughton Road|10.4 km away
- Worstead|10.7 km away
