NR11 8TL is a residential postcode situated on The Green, Thorpe Market, Norwich, NR11 with 2 addresses.
It ranks as the 144th largest and 398th most expensive of the 763 postcodes in the NR11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
NR11 8TL is a residential postcode situated on The Green, Thorpe Market, Norwich, NR11 with 2 addresses.
It ranks as the 144th largest and 398th most expensive of the 763 postcodes in the NR11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £293,679 for 3 bedroom freehold houses with a garden (914 ft2) to £419,621 for 4 bedroom freehold houses with a garden (1,808 ft2) .
Monthly rental prices range from £1,271 pcm for 3 bed houses to £1,644 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 5.2%.
The average value per square foot is £277.
The last sale in NR11 8TL sold for £327,000 on 29th January 2015. Since then prices are up an average of 52.0%.
The current average value in the postcode is £356,650.
The NR11 8TL Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £356,650 |
| April 2025 | -0.2% | £365,017 |
| April 2024 | -3.3% | £365,806 |
| April 2023 | 1.8% | £378,476 |
| April 2022 | 14.4% | £371,861 |
| April 2021 | 5.1% | £325,044 |
| April 2020 | 4.2% | £309,167 |
| April 2019 | 3.4% | £296,794 |
| April 2018 | 5.2% | £287,124 |
| April 2017 | 6.5% | £272,983 |
| April 2016 | 7.6% | £256,353 |
| April 2015 | 6.2% | £238,172 |
| April 2014 | 6% | £224,256 |
| April 2013 | 4.5% | £211,619 |
| April 2012 | -2.4% | £202,445 |
| April 2011 | 1.2% | £207,434 |
| April 2010 | 7.5% | £205,028 |
| April 2009 | -11.2% | £190,688 |
| April 2008 | 0.5% | £214,836 |
| April 2007 | 0% | £213,789 |
The current average rental value in the postcode is £1,458.
The NR11 8TL Rental Market has increased by 61.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,458pcm |
| April 2025 | 7% | £1,423pcm |
| April 2024 | 5% | £1,330pcm |
| April 2023 | 6.5% | £1,267pcm |
| April 2022 | 11.2% | £1,190pcm |
| April 2021 | 8.5% | £1,070pcm |
| April 2020 | 2% | £986pcm |
| April 2019 | 0% | £967pcm |
| April 2018 | 0.6% | £967pcm |
| April 2017 | 6.2% | £962pcm |
| April 2016 | 4.3% | £905pcm |
| April 2015 | 3.3% | £868pcm |
| April 2014 | 2.7% | £840pcm |
| April 2013 | 1.8% | £818pcm |
| April 2012 | 0.8% | £804pcm |
| April 2011 | 4.7% | £797pcm |
| April 2010 | 5.7% | £762pcm |
| April 2009 | -10.6% | £721pcm |
| April 2008 | 6.1% | £806pcm |
| April 2007 | 0% | £760pcm |
The last sale was on 29th January 2015 for £327,000 and since then the market in the area has increased by 52.0%. The postcode has had a total of 2 sales since 1995.
NR11 8TL has seen no sales in the last three years and no sales in the last twelve months.
NR11 8TL is the 144th largest and the 398th most expensive postcode out of the 763 postcodes in the NR11 area.
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The closest station to NR11 8TL is Gunton station which is 1.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR11 8TL, 45.0% of property is privately owned outright and 38.2% 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 NR11 8TL, 9.8% of residents are recorded as possessing school level qualifications and 30.3% 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 NR11 8TL, the average age was 51.4 and the most common age was 62.
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 NR11 8TL, 0.9% 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 NR11 8TL, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.