Walpole Street - NR2 1RY
Key Postcode Insights
NR2 1RY is a residential postcode situated on Walpole Street, Norwich, NR2 with 12 addresses.
It ranks as the 236th largest and 17th most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £116,639
- 10 Year change
- up 6.9%
- Ave. Rental Price
- £746pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
NR2 1RY is a residential postcode situated on Walpole Street, Norwich, NR2 with 12 addresses.
It ranks as the 236th largest and 17th most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £116,639
- 10 Year change
- up 6.9%
- Ave. Rental Price
- £746pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin NR2 1RY
- 1 Walpole Street
Unknown
- 2 Walpole Street
Unknown
- 3 Walpole Street
1 Bed Mid-century Flat
- 4 Walpole Street
1 Bed Mid-century Flat
- 5 Walpole Street
1 Bed Mid-century Flat
Sales Market Trends
The last sale in NR2 1RY sold for £122,500 on 12th September 2024. Since then prices are down an average of 4.3%.
The current average value in the postcode is £116,639.
The NR2 1RY Sales Market has increased by 6.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £116,639 |
| June 2025 | -2% | £119,728 |
| June 2024 | -2.2% | £122,209 |
| June 2023 | 2.5% | £125,000 |
| June 2022 | 3% | £122,000 |
| June 2021 | 2.6% | £118,390 |
| June 2020 | 4.1% | £115,365 |
| June 2019 | 0.5% | £110,799 |
| June 2018 | 1.8% | £110,282 |
| June 2017 | -0.7% | £108,282 |
| June 2016 | 5.8% | £109,082 |
| June 2015 | 7.8% | £103,122 |
| June 2014 | 6% | £95,633 |
| June 2013 | 2.6% | £90,182 |
| June 2012 | -0.9% | £87,887 |
| June 2011 | -2.4% | £88,651 |
| June 2010 | 7.2% | £90,810 |
| June 2009 | -11.9% | £84,699 |
| June 2008 | -7.5% | £96,131 |
| June 2007 | 0% | £103,902 |
Rental Market Trends
The current average rental value in the postcode is £746.
The NR2 1RY Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £746pcm |
| June 2025 | 2.1% | £726pcm |
| June 2024 | 8.4% | £711pcm |
| June 2023 | 7.4% | £656pcm |
| June 2022 | 5.2% | £611pcm |
| June 2021 | 8.4% | £581pcm |
| June 2020 | 3.8% | £536pcm |
| June 2019 | 1.1% | £516pcm |
| June 2018 | 0.5% | £511pcm |
| June 2017 | 1.1% | £508pcm |
| June 2016 | 3% | £503pcm |
| June 2015 | 2% | £488pcm |
| June 2014 | 2.5% | £479pcm |
| June 2013 | 0.1% | £467pcm |
| June 2012 | 2.4% | £466pcm |
| June 2011 | 0.9% | £455pcm |
| June 2010 | 3% | £452pcm |
| June 2009 | -9.4% | £438pcm |
| June 2008 | -3.2% | £484pcm |
| June 2007 | 0% | £500pcm |
Sales History
The last sale was on 12th September 2024 for £122,500 and since then the market in the area has decreased by 4.3%. The postcode has had a total of 7 sales since 1995.
NR2 1RY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£122,500 | 1 Bed Flat3, Walpole Street, Norwich, NR2 1RY3, Walpole Street, Norwich, NR2 1RY
- Sold May 2022£120,000 | 1 Bed Flat6, Walpole Street, Norwich, NR2 1RY6, Walpole Street, Norwich, NR2 1RY
- Sold Aug 2013£85,000 | 1 Bed Flat3, Walpole Street, Norwich, NR2 1RY3, Walpole Street, Norwich, NR2 1RY
- Sold Sep 2006£93,000 | 1 Bed Flat3, Walpole Street, Norwich, NR2 1RY3, Walpole Street, Norwich, NR2 1RY
- Sold Dec 2005£88,000 | 1 Bed Flat6, Walpole Street, Norwich, NR2 1RY6, Walpole Street, Norwich, NR2 1RY
Nearby Postcodes
NR2 1RY is the 236th largest and the 17th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2SJ, Chapel Walk, Norwich, NR2NR2 2SJ5 Addresses|47 m away
- NR2 1RU, Walpole Gardens, Norwich, NR2NR2 1RU40 Addresses|47 m away
- NR2 1RZ, Coach & Horses Row, Norwich, NR2NR2 1RZ14 Addresses|48 m away
- NR2 2SQ, Globe Place, Norwich, NR2NR2 2SQ42 Addresses|66 m away
- NR2 1RX, Walpole Street, Norwich, NR2NR2 1RX17 Addresses|87 m away
Property Types
- 7 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century flat (7)
- early-century flat (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2006£140,000 | 3 Bed House14, Walpole Street, Norwich, NR2 1RX14, Walpole Street, Norwich, NR2 1RX
- Sold Sep 2024£122,500 | 1 Bed Flat3, Walpole Street, Norwich, NR2 1RY3, Walpole Street, Norwich, NR2 1RY
- Sold May 2022£120,000 | 1 Bed Flat6, Walpole Street, Norwich, NR2 1RY6, Walpole Street, Norwich, NR2 1RY
Schools Nearby
- Bignold Primary School and Nursery200 m away
- The Free School Norwich600 m away
- Avenue Junior School900 m away
- Notre Dame High School, Norwich800 m away
- Jane Austen College900 m away
- Hewett Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to NR2 1RY is Norwich station, which is 1.4 kilometres away.
- Norwich|1.4 km away
- Brundall Gardens|9.0 km away
- Salhouse|9.0 km away
- Brundall|10.4 km away