Ipswich Road - NR2 2LZ
Key Postcode Insights
NR2 2LZ is a residential postcode situated on Ipswich Road, Norwich, NR2 with 4 addresses.
It ranks as the 88th largest and 644th 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 4 properties: 4 houses.
- Ave. Sale Price
- £1,140,309
- 10 Year change
- up 21.5%
- Ave. Rental Price
- £4,282pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
NR2 2LZ is a residential postcode situated on Ipswich Road, Norwich, NR2 with 4 addresses.
It ranks as the 88th largest and 644th 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 4 properties: 4 houses.
- Ave. Sale Price
- £1,140,309
- 10 Year change
- up 21.5%
- Ave. Rental Price
- £4,282pcm
- 10 Year change
- up 66.5%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin NR2 2LZ
- 22 Ipswich Road
5 Bed Period House
- 24 Ipswich Road
5 Bed Period House
- 26 Ipswich Road
Unknown
- 28 Ipswich Road
5 Bed House
Sales Market Trends
The last sale in NR2 2LZ sold for £1,197,500 on 15th November 2023. Since then prices are down an average of 2.0%.
The current average value in the postcode is £1,140,309.
The NR2 2LZ Sales Market has increased by 21.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £1,140,309 |
| June 2025 | -0.4% | £1,169,505 |
| June 2024 | -2.4% | £1,174,040 |
| June 2023 | 1.5% | £1,203,135 |
| June 2022 | 7.4% | £1,185,627 |
| June 2021 | 6.5% | £1,103,883 |
| June 2020 | 2.7% | £1,036,138 |
| June 2019 | 0.9% | £1,008,543 |
| June 2018 | 2.4% | £999,098 |
| June 2017 | 4% | £975,822 |
| June 2016 | 7.6% | £938,537 |
| June 2015 | 8.1% | £872,388 |
| June 2014 | 6.4% | £807,222 |
| June 2013 | 3.8% | £758,484 |
| June 2012 | -0.1% | £730,587 |
| June 2011 | -1.9% | £731,615 |
| June 2010 | 12.6% | £745,619 |
| June 2009 | -7.7% | £661,974 |
| June 2008 | -5.1% | £717,047 |
| June 2007 | 0% | £755,668 |
Rental Market Trends
The current average rental value in the postcode is £4,282.
The NR2 2LZ Rental Market has increased by 66.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £4,282pcm |
| June 2025 | 3.9% | £4,160pcm |
| June 2024 | 7.2% | £4,004pcm |
| June 2023 | 7.9% | £3,735pcm |
| June 2022 | 8.6% | £3,463pcm |
| June 2021 | 11.1% | £3,189pcm |
| June 2020 | 4.3% | £2,871pcm |
| June 2019 | 1.4% | £2,753pcm |
| June 2018 | 1.2% | £2,714pcm |
| June 2017 | 4.3% | £2,682pcm |
| June 2016 | 5% | £2,572pcm |
| June 2015 | 3.3% | £2,451pcm |
| June 2014 | 2% | £2,373pcm |
| June 2013 | 1.6% | £2,326pcm |
| June 2012 | 3.2% | £2,290pcm |
| June 2011 | 1.9% | £2,219pcm |
| June 2010 | 9.2% | £2,178pcm |
| June 2009 | -3.8% | £1,994pcm |
| June 2008 | -0.5% | £2,072pcm |
| June 2007 | 0% | £2,081pcm |
Sales History
The last sale was on 15th November 2023 for £1,197,500 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 5 sales since 1995.
NR2 2LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£1,197,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Dec 2014£675,000 | 5 Bed House24, Ipswich Road, Norwich, NR2 2LZ24, Ipswich Road, Norwich, NR2 2LZ
- Sold Jul 2014£867,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Oct 2008£462,500 | 5 Bed House28, Ipswich Road, Norwich, NR2 2LZ28, Ipswich Road, Norwich, NR2 2LZ
- Sold Oct 2003£330,000 | 5 Bed House26, Ipswich Road, Norwich, NR2 2LZ26, Ipswich Road, Norwich, NR2 2LZ
Nearby Postcodes
NR2 2LZ is the 88th largest and the 644th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 2NA, Roseacre Close, Norwich, NR2NR2 2NA3 Addresses|66 m away
- NR2 2LW, Harford Manor Close, Norwich, NR2NR2 2LW24 Addresses|157 m away
- NR2 2LY, Hornor Close, Norwich, NR2NR2 2LY6 Addresses|170 m away
- NR2 2NQ, Lime Tree Road, Norwich, NR2NR2 2NQ27 Addresses|175 m away
- NR2 2NH, Plantsman Close, Norwich, NR2NR2 2NH34 Addresses|200 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (2)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2023£1,197,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Jul 2014£867,500 | 6 Bed House22, Ipswich Road, Norwich, NR2 2LZ22, Ipswich Road, Norwich, NR2 2LZ
- Sold Mar 2020£850,000 | 6 Bed House17, Ipswich Road, Norwich, NR2 2LN17, Ipswich Road, Norwich, NR2 2LN
Schools Nearby
- Tuckswood Academy600 m away
- Edith Cavell Academy and Nursery1.0 km away
- Lakenham Primary School1.2 km away
- Hewett Academy500 m away
- City of Norwich School, An Ormiston Academy500 m away
- Notre Dame High School, Norwich1.4 km away
More reading links
Public Transport Nearby
The closest station to NR2 2LZ is Norwich station, which is 2.2 kilometres away.
- Norwich|2.2 km away
- Brundall Gardens|9.3 km away
- Salhouse|10.1 km away
- Brundall|10.6 km away