Portland Street - NR2 3LE
Key Postcode Insights
NR2 3LE is a residential postcode situated on Portland Street, Norwich, NR2 with 62 addresses.
It ranks as the 628th largest and 347th 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 62 properties: 58 houses and 4 flats.
- Ave. Sale Price
- £264,066
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NR2 3LE is a residential postcode situated on Portland Street, Norwich, NR2 with 62 addresses.
It ranks as the 628th largest and 347th 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 62 properties: 58 houses and 4 flats.
- Ave. Sale Price
- £264,066
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NR2 3LE
- 1 Portland Street
Unknown
- 3 Portland Street
3 Bed Period House
- 5 Portland Street
3 Bed Period House
- 7 Portland Street
3 Bed Period House
- 9 Portland Street
3 Bed Period House
Sales Market Trends
The last sale in NR2 3LE sold for £268,000 on 16th March 2026. Since then prices are down an average of 1.2%.
The current average value in the postcode is £264,066.
The NR2 3LE Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £264,066 |
| June 2025 | -1.2% | £270,341 |
| June 2024 | -2.9% | £273,724 |
| June 2023 | 3.3% | £282,028 |
| June 2022 | 4.3% | £273,117 |
| June 2021 | 3.7% | £261,766 |
| June 2020 | 4.6% | £252,399 |
| June 2019 | 0.6% | £241,254 |
| June 2018 | 2.4% | £239,876 |
| June 2017 | 0.5% | £234,183 |
| June 2016 | 6.7% | £233,004 |
| June 2015 | 8.3% | £218,389 |
| June 2014 | 6.1% | £201,688 |
| June 2013 | 3.1% | £190,139 |
| June 2012 | -0.2% | £184,461 |
| June 2011 | -2% | £184,905 |
| June 2010 | 9.6% | £188,622 |
| June 2009 | -9.9% | £172,087 |
| June 2008 | -7.1% | £191,042 |
| June 2007 | 0% | £205,643 |
Rental Market Trends
The current average rental value in the postcode is £1,333.
The NR2 3LE Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,333pcm |
| June 2025 | 2.9% | £1,293pcm |
| June 2024 | 7.8% | £1,257pcm |
| June 2023 | 7.9% | £1,166pcm |
| June 2022 | 6.7% | £1,081pcm |
| June 2021 | 9.8% | £1,013pcm |
| June 2020 | 4.1% | £923pcm |
| June 2019 | 1.2% | £887pcm |
| June 2018 | 1% | £876pcm |
| June 2017 | 2.6% | £868pcm |
| June 2016 | 3.8% | £846pcm |
| June 2015 | 2.3% | £815pcm |
| June 2014 | 2.8% | £797pcm |
| June 2013 | 0.5% | £775pcm |
| June 2012 | 3.1% | £771pcm |
| June 2011 | 1% | £748pcm |
| June 2010 | 5.3% | £740pcm |
| June 2009 | -7.7% | £703pcm |
| June 2008 | -3.1% | £761pcm |
| June 2007 | 0% | £786pcm |
Sales History
The last sale was on 16th March 2026 for £268,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 124 sales since 1995.
NR2 3LE has seen 11 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£268,000 | 3 Bed House49, Portland Street, Norwich, NR2 3LE49, Portland Street, Norwich, NR2 3LE
- Sold Oct 2025£250,000 | 3 Bed House77, Portland Street, Norwich, NR2 3LE77, Portland Street, Norwich, NR2 3LE
- Sold Jun 2025£275,000 | 3 Bed House53, Portland Street, Norwich, NR2 3LE53, Portland Street, Norwich, NR2 3LE
- Sold May 2025£431,500 | 3 Bed House37, Portland Street, Norwich, NR2 3LE37, Portland Street, Norwich, NR2 3LE
- Sold Dec 2024£265,000 | 3 Bed House83, Portland Street, Norwich, NR2 3LE83, Portland Street, Norwich, NR2 3LE
Nearby Postcodes
NR2 3LE is the 628th largest and the 347th most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 3LF, Portland Street, Norwich, NR2NR2 3LF67 Addresses|26 m away
- NR2 3LQ, Dover Street, Norwich, NR2NR2 3LQ57 Addresses|33 m away
- NR2 3LG, Dover Street, Norwich, NR2NR2 3LG31 Addresses|62 m away
- NR2 3JY, Lincoln Street, Norwich, NR2NR2 3JY44 Addresses|69 m away
- NR2 3LA, Lincoln Street, Norwich, NR2NR2 3LA44 Addresses|82 m away
Property Types
- 51 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 2 houses of an unknown age
- 5 other addresses of unknown type
- period house (51)
- period flat (4)
- house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 55 properties.
- The most common rating is D.
- A (0)
- E (11)
- B (0)
- F (0)
- C (9)
- G (0)
- D (35)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold May 2025£431,500 | 3 Bed House37, Portland Street, Norwich, NR2 3LE37, Portland Street, Norwich, NR2 3LE
- Sold Sep 2022£382,500 | 3 Bed House120, Portland Street, Norwich, NR2 3LF120, Portland Street, Norwich, NR2 3LF
- Sold Feb 2021£374,500 | 3 Bed House118, Portland Street, Norwich, NR2 3LF118, Portland Street, Norwich, NR2 3LF
Schools Nearby
- Avenue Junior School300 m away
- Recreation Road Infant School600 m away
- St Francis of Assisi Catholic Primary School600 m away
- City of Norwich School, An Ormiston Academy1.3 km away
- Hewett Academy1.5 km away
- Notre Dame High School, Norwich1.5 km away
More reading links
Public Transport Nearby
The closest station to NR2 3LE is Norwich station, which is 2.2 kilometres away.
- Norwich|2.2 km away
- Brundall Gardens|9.7 km away
- Salhouse|9.7 km away
- Brundall|11.1 km away