Newmarket Road - NR2 2HW
Key Postcode Insights
NR2 2HW is a residential postcode situated on Newmarket Road, Norwich, NR2 with 21 addresses.
It ranks as the 361st largest and 622nd most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 16 houses and 5 flats.
- Ave. Sale Price
- £632,978
- 10 Year change
- up 14.8%
- Ave. Rental Price
- £2,427pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NR2 2HW is a residential postcode situated on Newmarket Road, Norwich, NR2 with 21 addresses.
It ranks as the 361st largest and 622nd most expensive of the 648 postcodes in the NR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 16 houses and 5 flats.
- Ave. Sale Price
- £632,978
- 10 Year change
- up 14.8%
- Ave. Rental Price
- £2,427pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £404/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NR2 2HW
- 47 Newmarket Road
Unknown
- 49 Newmarket Road
Unknown
- 51 Newmarket Road
Unknown
- 53 Newmarket Road
5 Bed Period House
- 55 Newmarket Road
Unknown
Sales Market Trends
The last sale in NR2 2HW sold for £900,000 on 1st March 2023. Since then prices are down an average of 6.6%.
The current average value in the postcode is £632,978.
The NR2 2HW Sales Market has increased by 14.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £632,978 |
| June 2025 | -1% | £649,127 |
| June 2024 | -2.7% | £655,650 |
| June 2023 | 2.4% | £674,075 |
| June 2022 | 5.4% | £658,448 |
| June 2021 | 4.4% | £624,957 |
| June 2020 | 3.6% | £598,889 |
| June 2019 | 0.9% | £577,916 |
| June 2018 | 2.2% | £572,592 |
| June 2017 | 1.6% | £560,022 |
| June 2016 | 6.6% | £551,395 |
| June 2015 | 8.2% | £517,152 |
| June 2014 | 6.5% | £478,038 |
| June 2013 | 3.3% | £448,882 |
| June 2012 | 0.1% | £434,647 |
| June 2011 | -1.8% | £434,035 |
| June 2010 | 10.5% | £442,160 |
| June 2009 | -9.3% | £399,993 |
| June 2008 | -6.3% | £441,155 |
| June 2007 | 0% | £470,627 |
Rental Market Trends
The current average rental value in the postcode is £2,427.
The NR2 2HW Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,427pcm |
| June 2025 | 3.2% | £2,358pcm |
| June 2024 | 7.5% | £2,285pcm |
| June 2023 | 7.7% | £2,125pcm |
| June 2022 | 7.2% | £1,974pcm |
| June 2021 | 9.8% | £1,841pcm |
| June 2020 | 3.9% | £1,677pcm |
| June 2019 | 1.5% | £1,614pcm |
| June 2018 | 0.9% | £1,589pcm |
| June 2017 | 2.9% | £1,576pcm |
| June 2016 | 3.8% | £1,531pcm |
| June 2015 | 2.7% | £1,475pcm |
| June 2014 | 2.8% | £1,436pcm |
| June 2013 | 0.8% | £1,397pcm |
| June 2012 | 3.5% | £1,385pcm |
| June 2011 | 1.4% | £1,339pcm |
| June 2010 | 6.6% | £1,320pcm |
| June 2009 | -6.4% | £1,238pcm |
| June 2008 | -2% | £1,322pcm |
| June 2007 | 0% | £1,350pcm |
Sales History
The last sale was on 1st March 2023 for £900,000 and since then the market in the area has decreased by 6.6%. The postcode has had a total of 25 sales since 1995.
NR2 2HW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£900,000 | 5 Bed House57, Newmarket Road, Norwich, NR2 2HW57, Newmarket Road, Norwich, NR2 2HW
- Sold Sep 2022£625,000 | 4 Bed House75, Newmarket Road, Norwich, NR2 2HW75, Newmarket Road, Norwich, NR2 2HW
- Sold Jun 2021£750,000 | 4 Bed House67, Newmarket Road, Norwich, NR2 2HW67, Newmarket Road, Norwich, NR2 2HW
- Sold Apr 2020£395,000 | 4 Bed House75, Newmarket Road, Norwich, NR2 2HW75, Newmarket Road, Norwich, NR2 2HW
- Sold Nov 2019£489,000 | 4 Bed House73, Newmarket Road, Norwich, NR2 2HW73, Newmarket Road, Norwich, NR2 2HW
Nearby Postcodes
NR2 2HW is the 361st largest and the 622nd most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2JD, Albert Terrace, Norwich, NR2NR2 2JD14 Addresses|77 m away
- NR2 2BY, The Mews, Norwich, NR2NR2 2BY8 Addresses|117 m away
- NR2 2JE, Paxton Place, Norwich, NR2NR2 2JE7 Addresses|120 m away
- NR2 2DT, Hill Street, Norwich, NR2NR2 2DT35 Addresses|127 m away
- NR2 2DG, Mount Pleasant, Norwich, NR2NR2 2DG27 Addresses|127 m away
Property Types
- 7 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 12 other addresses of unknown type
- period house (7)
- house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (2)
- C (0)
- G (0)
- D (7)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Dec 2023£1,990,000 | 6 Bed House86, Newmarket Road, Norwich, NR2 2LB86, Newmarket Road, Norwich, NR2 2LB
- Sold Aug 2025£1,650,000 | 5 Bed House85, Newmarket Road, Norwich, NR2 2HP85, Newmarket Road, Norwich, NR2 2HP
- Sold May 2021£1,379,500 | 6 Bed House111, Newmarket Road, Norwich, NR2 2HT111, Newmarket Road, Norwich, NR2 2HT
Schools Nearby
- Bignold Primary School and Nursery700 m away
- Avenue Junior School900 m away
- The Free School Norwich1.0 km away
- Hewett Academy800 m away
- City of Norwich School, An Ormiston Academy900 m away
- Notre Dame High School, Norwich1.1 km away
More reading links
Public Transport Nearby
The closest station to NR2 2HW is Norwich station, which is 1.9 kilometres away.
- Norwich|1.9 km away
- Brundall Gardens|9.3 km away
- Salhouse|9.7 km away
- Brundall|10.7 km away
