NR2 3FA is a residential postcode situated on Park Lane, Norwich, NR2 with 17 addresses.
It ranks as the 318th largest and 440th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 17 properties: 5 houses and 12 flats.
NR2 3FA is a residential postcode situated on Park Lane, Norwich, NR2 with 17 addresses.
It ranks as the 318th largest and 440th most expensive of the 649 postcodes in the NR2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 17 properties: 5 houses and 12 flats.
Sale prices range from £203,447 for 1 bedroom leasehold flats (441 ft2) to £684,537 for 4 bedroom freehold houses with a garden (1,539 ft2) .
Monthly rental prices range from £1,048 pcm for 1 bed flats to £2,514 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 6.2%.
The average value per square foot is £445.
The last sale in NR2 3FA sold for £320,000 on 7th March 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £377,290.
The NR2 3FA Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £377,290 |
| April 2025 | -0.7% | £380,887 |
| April 2024 | -4.6% | £383,410 |
| April 2023 | 4.7% | £401,716 |
| April 2022 | 4.9% | £383,862 |
| April 2021 | 2.6% | £365,838 |
| April 2020 | 2.4% | £356,654 |
| April 2019 | 1.8% | £348,298 |
| April 2018 | 2.9% | £342,298 |
| April 2017 | -0.4% | £332,773 |
| April 2016 | 6.9% | £334,250 |
| April 2015 | 7.8% | £312,619 |
| April 2014 | 7% | £290,132 |
| April 2013 | 4.5% | £271,116 |
| April 2012 | -0.7% | £259,487 |
| April 2011 | -1.1% | £261,212 |
| April 2010 | 8.5% | £264,028 |
| April 2009 | -12.9% | £243,269 |
| April 2008 | -3.6% | £279,441 |
| April 2007 | 0% | £289,922 |
The current average rental value in the postcode is £1,591.
The NR2 3FA Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,591pcm |
| April 2025 | 3% | £1,547pcm |
| April 2024 | 7.9% | £1,502pcm |
| April 2023 | 7.3% | £1,392pcm |
| April 2022 | 6.5% | £1,297pcm |
| April 2021 | 9.2% | £1,218pcm |
| April 2020 | 3.9% | £1,115pcm |
| April 2019 | 1% | £1,073pcm |
| April 2018 | 0.7% | £1,062pcm |
| April 2017 | 1.9% | £1,055pcm |
| April 2016 | 3.2% | £1,035pcm |
| April 2015 | 2.8% | £1,002pcm |
| April 2014 | 3% | £975pcm |
| April 2013 | 2% | £946pcm |
| April 2012 | 2.7% | £928pcm |
| April 2011 | 2.4% | £904pcm |
| April 2010 | 3.2% | £883pcm |
| April 2009 | -8% | £856pcm |
| April 2008 | -1.6% | £930pcm |
| April 2007 | 0% | £945pcm |
The last sale was on 7th March 2025 for £320,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 17 sales since 1995.
NR2 3FA has seen 15 sales in the last three years and no sales in the last twelve months.
NR2 3FA is the 318th largest and the 440th most expensive postcode out of the 649 postcodes in the NR2 area.
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The closest station to NR2 3FA is Norwich station which is 2.1 kilometres away.
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