NR2 1NW is a residential postcode situated on Bethel Street, Norwich, NR2 with 52 addresses.
It ranks as the 598th largest and 75th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 52 properties: 52 flats.
NR2 1NW is a residential postcode situated on Bethel Street, Norwich, NR2 with 52 addresses.
It ranks as the 598th largest and 75th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 52 properties: 52 flats.
Sale prices range from £117,972 for 1 bedroom leasehold flats (269 ft2) to £188,619 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £646 pcm for 1 bed flats to £909 pcm for 2 bed flats.
The gross rental yield is between 5.8% and 6.6%.
The average value per square foot is £364.
The last sale in NR2 1NW sold for £100,000 on 24th March 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £143,372.
The NR2 1NW Sales Market has increased by 6.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £143,372 |
| April 2025 | -1.4% | £143,736 |
| April 2024 | -3.1% | £145,756 |
| April 2023 | 2% | £150,392 |
| April 2022 | 4.2% | £147,415 |
| April 2021 | 1.6% | £141,469 |
| April 2020 | 1.2% | £139,230 |
| April 2019 | 1.5% | £137,640 |
| April 2018 | 0.7% | £135,596 |
| April 2017 | -0.4% | £134,619 |
| April 2016 | 5.2% | £135,095 |
| April 2015 | 7.2% | £128,414 |
| April 2014 | 7.2% | £119,774 |
| April 2013 | 2.4% | £111,687 |
| April 2012 | -0.8% | £109,031 |
| April 2011 | -2.2% | £109,860 |
| April 2010 | 6.3% | £112,326 |
| April 2009 | -15.4% | £105,678 |
| April 2008 | -4.4% | £124,911 |
| April 2007 | 0% | £130,653 |
The current average rental value in the postcode is £772.
The NR2 1NW Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £772pcm |
| April 2025 | 2.5% | £747pcm |
| April 2024 | 8.5% | £729pcm |
| April 2023 | 6.5% | £672pcm |
| April 2022 | 5.3% | £631pcm |
| April 2021 | 6.4% | £600pcm |
| April 2020 | 3.2% | £563pcm |
| April 2019 | 0.8% | £546pcm |
| April 2018 | 0.1% | £541pcm |
| April 2017 | 0% | £541pcm |
| April 2016 | 2.4% | £541pcm |
| April 2015 | 2.6% | £528pcm |
| April 2014 | 2% | £515pcm |
| April 2013 | 0.4% | £504pcm |
| April 2012 | 2.2% | £502pcm |
| April 2011 | 2.5% | £492pcm |
| April 2010 | 1.8% | £480pcm |
| April 2009 | -9.3% | £471pcm |
| April 2008 | -1.2% | £520pcm |
| April 2007 | 0% | £526pcm |
The last sale was on 24th March 2025 for £100,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 53 sales since 1995.
NR2 1NW has seen 5 sales in the last three years and no sales in the last twelve months.
NR2 1NW is the 598th largest and the 75th most expensive postcode out of the 649 postcodes in the NR2 area.
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The closest station to NR2 1NW is Norwich station which is 1.2 kilometres away.
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