NR2 2LH is a residential postcode situated on Ipswich Road, Norwich, NR2 with 20 addresses.
It ranks as the 349th largest and 189th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 flats.
NR2 2LH is a residential postcode situated on Ipswich Road, Norwich, NR2 with 20 addresses.
It ranks as the 349th largest and 189th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 flats.
Sale prices range from £163,065 for 2 bedroom leasehold flats (602 ft2) to £200,332 for 3 bedroom leasehold flats (839 ft2) .
Monthly rental prices range from £848 pcm for 2 bed flats to £937 pcm for 3 bed flats.
The gross rental yield is between 5.6% and 6.4%.
The average value per square foot is £246.
The last sale in NR2 2LH sold for £205,000 on 28th July 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £180,680.
The NR2 2LH Sales Market has increased by 5.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £180,680 |
| April 2025 | -1.6% | £181,205 |
| April 2024 | -3.5% | £184,071 |
| April 2023 | 2.4% | £190,713 |
| April 2022 | 3.9% | £186,332 |
| April 2021 | 1.1% | £179,285 |
| April 2020 | 1.1% | £177,396 |
| April 2019 | 1.9% | £175,523 |
| April 2018 | 0.8% | £172,206 |
| April 2017 | -0.8% | £170,815 |
| April 2016 | 5% | £172,152 |
| April 2015 | 7.3% | £163,917 |
| April 2014 | 7.2% | £152,709 |
| April 2013 | 2.5% | £142,490 |
| April 2012 | -0.9% | £139,028 |
| April 2011 | -1.9% | £140,238 |
| April 2010 | 6.5% | £142,986 |
| April 2009 | -14.7% | £134,224 |
| April 2008 | -4.3% | £157,321 |
| April 2007 | 0% | £164,429 |
The current average rental value in the postcode is £882.
The NR2 2LH Rental Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £882pcm |
| April 2025 | 2.4% | £854pcm |
| April 2024 | 8.4% | £834pcm |
| April 2023 | 6.4% | £769pcm |
| April 2022 | 5.2% | £723pcm |
| April 2021 | 6.2% | £687pcm |
| April 2020 | 3.1% | £647pcm |
| April 2019 | 1.3% | £628pcm |
| April 2018 | 0.1% | £620pcm |
| April 2017 | -0.2% | £619pcm |
| April 2016 | 2.1% | £620pcm |
| April 2015 | 2.6% | £608pcm |
| April 2014 | 2.3% | £592pcm |
| April 2013 | 0.3% | £579pcm |
| April 2012 | 2.4% | £577pcm |
| April 2011 | 2.4% | £564pcm |
| April 2010 | 2.1% | £551pcm |
| April 2009 | -9.1% | £539pcm |
| April 2008 | -1.4% | £593pcm |
| April 2007 | 0% | £602pcm |
The last sale was on 28th July 2025 for £205,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 29 sales since 1995.
NR2 2LH has seen 3 sales in the last three years and 1 sale in the last twelve months.
NR2 2LH is the 349th largest and the 189th most expensive postcode out of the 649 postcodes in the NR2 area.
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The closest station to NR2 2LH is Norwich station which is 1.5 kilometres away.
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