Newmarket Road - NR2 2LB
Key Postcode Insights
NR2 2LB is a residential postcode situated on Newmarket Road, Norwich, NR2 with 16 addresses.
It ranks as the 301st largest and 631st 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 16 properties: 12 houses and 4 flats.
- Ave. Sale Price
- £841,957
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £3,208pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NR2 2LB is a residential postcode situated on Newmarket Road, Norwich, NR2 with 16 addresses.
It ranks as the 301st largest and 631st 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 16 properties: 12 houses and 4 flats.
- Ave. Sale Price
- £841,957
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £3,208pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £397/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NR2 2LB
- East House
5 Bed Period House
- Victoria House
5 Bed Period House
- 82 Newmarket Road
Unknown
- 84 Newmarket Road
Unknown
Sales Market Trends
The last sale in NR2 2LB sold for £1,327,000 on 26th June 2025. Since then prices are down an average of 2.7%.
The current average value in the postcode is £841,957.
The NR2 2LB Sales Market has increased by 11.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £841,957 |
| June 2025 | -1.4% | £866,559 |
| June 2024 | -2.3% | £879,057 |
| June 2023 | 2.1% | £899,641 |
| June 2022 | 4.6% | £880,885 |
| June 2021 | 3.6% | £842,301 |
| June 2020 | 3.5% | £812,985 |
| June 2019 | 1.1% | £785,608 |
| June 2018 | 2.2% | £776,946 |
| June 2017 | 0.7% | £760,562 |
| June 2016 | 5.8% | £755,185 |
| June 2015 | 7.8% | £714,107 |
| June 2014 | 6.6% | £662,692 |
| June 2013 | 3% | £621,434 |
| June 2012 | 0.2% | £603,320 |
| June 2011 | -1.7% | £602,137 |
| June 2010 | 10.2% | £612,291 |
| June 2009 | -9.6% | £555,597 |
| June 2008 | -5.6% | £614,705 |
| June 2007 | 0% | £651,063 |
Rental Market Trends
The current average rental value in the postcode is £3,208.
The NR2 2LB Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £3,208pcm |
| June 2025 | 2.7% | £3,129pcm |
| June 2024 | 8% | £3,045pcm |
| June 2023 | 7.4% | £2,819pcm |
| June 2022 | 6.4% | £2,624pcm |
| June 2021 | 9% | £2,466pcm |
| June 2020 | 3.8% | £2,262pcm |
| June 2019 | 1.7% | £2,180pcm |
| June 2018 | 0.8% | £2,143pcm |
| June 2017 | 2.1% | £2,127pcm |
| June 2016 | 3% | £2,084pcm |
| June 2015 | 2.3% | £2,024pcm |
| June 2014 | 2.9% | £1,978pcm |
| June 2013 | 0.6% | £1,922pcm |
| June 2012 | 3.5% | £1,911pcm |
| June 2011 | 1.6% | £1,846pcm |
| June 2010 | 6.3% | £1,816pcm |
| June 2009 | -6.7% | £1,709pcm |
| June 2008 | -1.3% | £1,831pcm |
| June 2007 | 0% | £1,856pcm |
Sales History
The last sale was on 26th June 2025 for £1,327,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 27 sales since 1995.
NR2 2LB has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£1,327,000 | 6 Bed House100, Newmarket Road, Norwich, NR2 2LB100, Newmarket Road, Norwich, NR2 2LB
- Sold May 2025£860,000 | 5 Bed HouseEast House, 96, Newmarket Road, Norwich, NR2 2LBEast House, 96, Newmarket Road, Norwich, NR2 2LB
- Sold Aug 2024£875,000 | 5 Bed HouseVictoria House, 96, Newmarket Road, Norwich, NR2 2LBVictoria House, 96, Newmarket Road, Norwich, NR2 2LB
- Sold Dec 2023£1,990,000 | 6 Bed House86, Newmarket Road, Norwich, NR2 2LB86, Newmarket Road, Norwich, NR2 2LB
- Sold Sep 2016£625,000 | 5 Bed HouseEast House, 96, Newmarket Road, Norwich, NR2 2LBEast House, 96, Newmarket Road, Norwich, NR2 2LB
Nearby Postcodes
NR2 2LB is the 301st largest and the 631st most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2NN, Osborne Court, Norwich, NR2NR2 2NN12 Addresses|72 m away
- NR2 2NE, Fairfield Road, Norwich, NR2NR2 2NE8 Addresses|115 m away
- NR2 2NF, Lime Tree Road, Norwich, NR2NR2 2NF6 Addresses|128 m away
- NR2 2HP, Newmarket Road, Norwich, NR2NR2 2HP12 Addresses|139 m away
- NR2 2DF, Albemarle Road, Norwich, NR2NR2 2DF15 Addresses|181 m away
Property Types
- 5 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 6 other addresses of unknown type
- period house (5)
- period flat (4)
- modern house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (3)
- C (1)
- G (0)
- D (3)
- No EPC (6)
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
- Colman Infant School900 m away
- Bignold Primary School and Nursery1.0 km away
- Avenue Junior School1.0 km away
- City of Norwich School, An Ormiston Academy600 m away
- Hewett Academy800 m away
- Notre Dame High School, Norwich1.4 km away
More reading links
Public Transport Nearby
The closest station to NR2 2LB is Norwich station, which is 2.2 kilometres away.
- Norwich|2.2 km away
- Brundall Gardens|9.5 km away
- Salhouse|10.0 km away
- Brundall|10.9 km away
